All City & finance articles – Page 278
-
NewsHigh street sales slump 4.3% in November after Black Friday 'damp squib'
High street sales slumped 4.3% in November after the ‘damp squib’ of Black Friday saw footfall tumble while trade shifted online.
-
NewsJD Sports revises up full-year profit forecast after strong trading
JD Sports Fashion has said it expects full-year profits to beat forecasts after “relatively strong” trading since the summer.
-
NewsMorrisons falls out of the FTSE 100 after share price slump
Supermarket giant Morrisons has fallen out of the FTSE 100 for the first time in more than 14 years after its share price plummeted.
-
AnalysisTopps Tiles full-year sales and profits grow: What the analysts say
Topps Tiles has reported a rise in full-year sales and profits as it captured one third of the tile market. This is what the analysts said.
-
NewsKaren Millen suffers full-year losses after property and stock impairment
Karen Millen has fallen into the red in its full-year as it suffered “significant impairment charges” and sales were flat.
-
NewsFashion chain Jaeger reports full-year loss despite rise in sales
Jaeger has reported a slight narrowing of losses after a rise in sales, while the fashion chain’s owner explores options for the future of the business.
-
NewsNeil Saunders: Black Friday may be evolving but in the US it's here to stay
Black Friday is a logical part of the US retail calendar, coinciding with Thanksgiving when people have both the time and inclination to shop.
-
NewsPark Group narrows its first-half losses as sales jump 23%
Voucher and gift card specialist Park Group has narrowed its losses after a jump in half-year sales and is on course for a strong second half.
-
NewsTopps Tiles sales and profits rise as it captures one third of the market
Topps Tiles statutory pre-tax profits increased 1.8% to £17m during the full year, driven by record sales and gross margin gains.
-
NewsMcColl's full-year like-for-likes dip as it presses ahead with expansion
McColl’s has reported a 1.9% drop in full-year like-for-like sales as its premium convenience food and wine stores outperformed standard shops.
-
VideoShort Cuts: What do we know about Office's potential new owners Truworths?
After Truworths agreed a deal to acquire footwear retailer Office for £256m, we take a closer look at the South African business – in 60 seconds.
-
NewsFrench Connection to close seven more stores and exit Regent Street
French Connection plans to close seven more stores and will exit its Regent Street shop, but its overall retail trading performance has improved.
-
NewsOasis swings to full-year profit as move upmarket bears fruit
Oasis has swung to its first full-year profit in three years after a higher quality clothing offer helped it win back customers and boost sales.
-
NewsEdinburgh Woollen Mill Group profits jump as 100 more stores planned
Fashion and textiles retailer Edinburgh Woollen Mill Group has reported a jump in pre-tax profits as it plans 100 new store openings.
-
NewsTesco agrees $12m payout to US investors following accounting scandal
Tesco is to pay $12m (£8m) to US investors to end legal action following the accounting scandal that rocked the supermarket giant last year.
-
NewsSignet's third-quarter UK sales grow but revenues hit by exchange rates
Ernest Jones owner Signet has posted a 4.1% increase in like-for-like sales within its UK jewellery division during the third quarter.
-
OpinionOpinion: Financial planning for Black Friday 2016 needs to start now
Despite high-profile exceptions, more retailers than ever are participating in Black Friday, and many have already launched their discounts.
-
NewsFindel half-year profits flat as sale of Kitbag business is delayed
Home shopping group Findel has reported flat half-year sales and profits while the sale of its Kitbag business has been delayed.
-
NewsArcadia posts rise in operating profit despite like-for-like sales fall
Fashion giant Arcadia, controlled by tycoon Sir Philip Green, has posted a rise in earnings but like-for-likes have slipped in the new financial year.
-
NewsPets at Home boss rules out cat stores but will 'continue to innovate'
Pets at Home boss Nick Wood has ruled out opening dedicated cat stores, but vowed the retailer will “continue to innovate”.