All City & finance articles – Page 291
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News
Next raises full-year outlook after warm weather boosts first half
Next has reported a better-than-expected 3.5% rise in overall first-half sales as warm weather boosted performance.
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Opinion
Comment: The real picture of retail is not as rosy as it looks
The retail industry has never been so focused on price, and as interest rates rise it will force businesses to be more dynamic.
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News
Infographic: Waitrose reveals end-of-term gifts for teachers boost sales
Waitrose has attributed soaring sales of gift wrapping paper last week to school pupils and parents buying presents for their teachers.
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News
Amazon posts surprise profit and reveals new UK fashion push
Amazon has reported a surprise second-quarter profit after its sales jumped 20% boosted by a strong US performance.
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Video
Watch: Made.com boss on investing aggressively to build its brand
Made.com founder and chief executive Ning Li tells Retail Week about its £38m funding round and the future of furniture online.
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News
Kingfisher like-for-likes driven by B&Q and Screwfix: What the analysts say
DIY giant Kingfisher reported a 3.5% rise in second-quarter like-for-likes, driven by sales at B&Q and Screwfix. This is what the analysts said.
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News
Sainsbury's issues £250m of convertible bonds to plug pension hole
Supermarket giant Sainsbury’s is issuing £250m of convertible bonds in a bid to fill a deficit in its pension fund.
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News
Mothercare first quarter in line with expectations despite momentum slowing
Mothercare’s trading momentum has stalled in the first quarter but the retailer insisted its performance was in line with expectations.
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News
Kingfisher like-for-like growth picks up in second quarter
DIY giant Kingfisher has reported group like-for-likes up 3.5% in the 10 weeks to July 11, driven by strong performances at B&Q and Screwfix.
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News
White Stuff sales and profits rise as online momentum continues
White Stuff has hailed “another year of strong performance” after its online channel and international business drove up sales and profits.
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News
Paperchase owner rules out sale after turning down 'several offers'
Paperchase’s owner has ruled out a sale after turning down “several offers” for the business as its profits surge.
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Opinion
Marks & Spencer succession: Who should follow Marc Bolland in the top role?
The departure of M&S general merchandise boss John Dixon set hares running about succession at retail’s closest equivalent to royalty.
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Opinion
As the economy improves, retailers need to make hay while the sun shines
In a world where one of the largest economies suffers a massive stock market plunge, you could be forgiven for thinking you’d woken up in 2008.
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News
DFS records 'strong' second half as COO Jon Massey leaves after 27 years
DFS has revealed it had a “strong” second half of trading as chief operating officer Jon Massey steps down after 27 years at the retailer.
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News
Ao.com reports 6.5% rise in first-quarter sales: What the analysts say
Ao.com today revealed a 6.5% rise in first-quarter sales and said July trading has been buoyed by the housing market. Here’s what the analysts say.
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News
Ao.com boosted by housing market in July after 'muted' first quarter
Ao.com has reported a strong start to trading in July as the housing market picks up after a “muted” first quarter for the etailer.
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Analysis
Profile: Marks & Spencer's new director of food Andy Adcock
After six years at Marks & Spencer, Andy Adcock has been promoted to one of the retailer’s highest profile positions.
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News
Devin Wenig takes on eBay top job as PayPal is spun-off
Devin Wenig becomes the chief executive of eBay today as the online marketplace separates from its PayPal business.
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Analysis
Marks & Spencer: The internal candidates who might succeed Marc Bolland
M&S boss Marc Bolland does not appear to be considering exiting soon, but the departure of John Dixon has made succession a talking point.
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News
US grocery retailer A&P files for bankruptcy and plans to sells stores
US grocery chain Great Atlantic & Pacific Tea, better known as A&P, has filed for bankruptcy protection, according to reports.