All City & finance articles – Page 288
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OpinionComment: Leadership lessons from Dave Lewis’s first year at Tesco
As Dave Lewis reaches his first anniversary as chief executive of Tesco, it is fair to say he’s had a pretty tough year.
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NewsWoolworths chairman exits as Australian grocer reports 12% profit slump
Woolworths chairman Ralph Waters will leave the struggling supermarket chain next week after the retailer revealed full-year profits nose-dived.
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AnalysisTesco under Lewis: A 'make or break' year looms large for the grocer’s boss
To say Dave Lewis has been on the proverbial rollercoaster ride since taking the Tesco hot seat a year ago would be an understatement.
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NewsFormer Tesco boss Philip Clarke summoned by Serious Fraud Office
Former Tesco chief executive Philip Clarke has been summoned for an interview by the Serious Fraud Office over the grocer’s accounting scandal.
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NewsBreakfast briefing: Retail news on Tesco, consumer confidence and TK Maxx
Retail news round-up on August 28, 2015: Fraud office summons ex-Tesco chief for interrogation and August consumer morale unexpectedly up.
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NewsFurniture Village profits surge as it gears up for website relaunch
Furniture Village has recorded a surge in profits for the year and cleared its bank debts as it gears up to relaunch its website.
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NewsSignet's UK sales hit in second quarter by exchange rates
Ernest Jones owner Signet has recorded a dip in total sales at its UK division during its second quarter after being hit by currency exchange rates.
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AnalysisRetail share prices: Stores fall amid China turmoil but Poundland deal approved
Food and general retailers alike were down with the market as the effects of financial turmoil in China were felt in markets globally.
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NewsThe Original Factory Shop profits surge as it overcomes supply chain issues
The Original Factory Shop has recorded a huge surge in full-year profits after a three-year transformation plan got off to a strong start.
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VideoWatch: How global grocery sales are forecast to rise by 2020
Grocery sales are poised to rocket in India and Nigeria according to IGD. Find out how other countries will fare over the next five years.
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OpinionChina crisis could take toll on UK retailers at home and abroad
China’s financial fortune cookie looks as if it may be in danger of being smashed to smithereens as investors worldwide dump equities.
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NewsPoundland to scrap 99p Stores fascia but retain all its shops
Poundland will scrap the 99p Stores fascia and replace it with its own name, following news of provisional regulatory clearance for the £55m takeover.
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NewsPoundland acquisition of rival 99p Stores provisionally approved by CMA
Poundland’s acquisition of rival retailer 99p Stores has been provisionally approved by the Competition and Markets Authority (CMA).
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AnalysisAhold reveals steady second-quarter growth as sales rise 3.1%
Dutch market leader Ahold has seen net sales increase 3.1% to €8.69bn (£6.34bn) at constant exchange rates in its second quarter.
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NewsTesco could delay sale of Korean business as local currency slides
Tesco could earn less than expected from the sale of its Korean business – and could delay the sell-off – after a slide in the local currency.
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NewsNew BHS owner Retail Acquisitions seeks £70m to fund turnaround
Retail Acquisitions, the new owner of BHS, aims to raise about £70m from the City to fund the retailer’s turnaround plans.
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NewsGadgets retailer Menkind plans expansion after buying competitor Red5
Gadgets and gifts specialist Menkind has bought counterpart Red5 and plans expansion in the UK and overseas.
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NewsBreakfast briefing: Retail news on Tesco's Homeplus, BHS and Phones 4U
Retail news round-up on August 24, 2015: Private equity firms team up to bid for Tesco’s Homeplus and BHS seeks £70m for revival.
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VideoThe Retail Week: Asda's Q2 'nadir', Morrisons M Local and Amazon workplace
Catch up on the week’s top stories with reporter Luke Tugby and director of retail insights at Kantar Retail Bryan Roberts.
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NewsFat Face boss on how board reshuffle paved way for online and US growth
Fat Face boss Anthony Thompson has revealed how a board restructure has set the business up for US expansion and online growth.