All City & finance articles – Page 283
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News
Carpetright UK sales up as brand revamp remains 'on track'
Floorings giant Carpetright has reported UK like-for-likes up 4% in the 25 weeks to October 24 and said its aim to revitalise the brand is “on track”.
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Opinion
Retail leaders need new strategies to challenge the competitive market
As the market grows ever more challenging, the retail industry needs more leaders with strategies focused on driving sales.
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News
Jack Wills operating losses widen despite EBITDA growth
Jack Wills has reported a widening in operating losses to £8.78m for the year ending February 1, 2015 despite a 12.8% jump in EBITDA.
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News
Next week in retail: Next, Shoe Zone and consumer confidence
Retail Week looks ahead to next week, with updates from Next, Shoe Zone plus GfK’s latest consumer confidence index all on the agenda.
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Analysis
What we learnt from Debenhams’ full-year results this week
Department store group Debenhams revealed a healthy rise in full-year profits this week, while like-for-likes grew 2.1%.
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News
Sports Direct completes acquisition of Direct Golf for undisclosed amount
Sports Direct has completed the acquisition of Direct Golf from owner and founder John Andrew for an undisclosed sum.
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News
Nick Bubb's verdict: Did Sharp jump from Debenhams or was he pushed?
There had been rumours that investor unrest at Debenhams would claim the scalp of its boss, but is that the real reason for Sharp’s exit?
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News
Wiggle pedals to higher full-year profits as UK sales soar 26%
Wiggle has reported an 11.5% jump in full-year sales, helped by a strong UK performance, and is targeting further growth by opening a £10m distribution centre.
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Video
The Retail Week: Mark Price steps down, Debenhams boss and Asda U-turn
Catch up on this week’s big retail stories with analysis from grocery reporter Luke Tugby and executive editor George MacDonald.
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News
Debenhams chief executive Michael Sharp's exit: What the analysts say
Debenhams revealed this morning that its chief executive Michael Sharp will step down next year. We round up the City reaction.
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News
Outgoing Debenhams boss Sharp dismisses reports of shareholder revolt
Debenhams boss Michael Sharp has dismissed suggestions that shareholder unrest sparked his impending exit from the retailer.
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News
Mothercare UK like-for-likes rise 6.5% but store closures hit revenue
Mothercare has reported a 7.1% fall in second-quarter sales as closures continue but said trading is in line with full-year expectations.
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News
Debenhams boss Michael Sharp to step down as full-year profits rise 7.3%
Debenhams boss Michael Sharp will step down from his role at the department store chain in 2016 after five years as chief executive.
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News
Home Retail boss John Walden defends bet on Argos same-day delivery
Home Retail CEO John Walden has defended the investment in Argos’s same-day delivery by claiming it is vital for the business’s “long-term health”.
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News
Home Retail warns on profits as it braces for Black Friday 'uncertainty'
Home Retail has warned full-year profits will be below market expectations as it braces for trading uncertainty caused by Black Friday.
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News
Home Bargains owner TJ Morris reveals jump in full-year sales
TJ Morris, owner of Home Bargains, has revealed a healthy jump in full-year profits and sales after it opened stores and relocated existing shops.
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News
Asos Rewards loyalty and engagement programme to be rolled out
Fashion etailer Asos is to roll out a loyalty scheme after an enthusiastic reaction from shoppers to a trial.
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Analysis
Asos looks well placed for growth as Nick Beighton takes the helm
In contrast to some new chief executives, Asos’s Nick Beighton won’t be indulging in any kitchen-sinking.
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News
Asos pre-tax profits edge up 1% as etailer invests in warehousing and tech
Asos’ full-year pre-tax profits edged up 1% to £47.5m as the etailer invested in customer proposition, warehousing and staff.
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News
Office sees full-year pre-tax profits double as sales up 5.5%
High street footwear chain Office has reported a doubling of full-year pre-tax profits as sales rose by 5.5%.