All City & finance articles – Page 292
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NewsFerrero's £112m Thorntons takeover all-but complete as shareholding hits 90%
Ferrero has all-but completed its £112m takeover of chocolatier Thorntons, subject to approval from the European Commission.
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NewsScS hails "improved" fourth-quarter trading and finance boss Turnbull exits
Furniture retailer ScS has hailed “improved” trading and revealed its chief financial officer Ron Turnbull is stepping down.
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OpinionComment: Why investors have rolled out the red carpet for WHSmith
The dog days of August bring a good opportunity to ponder retail performance ahead of the peak trading period and WHSmith should do well.
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NewsCard Factory sales climb in first half as return of capital to investor nears
Greetings card specialist Card Factory generated an 8% sales uplift in its first half, when it also opened its 800th branch.
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NewsGame confident ahead of peak following improved second-half trading
Game has reported “robust trading” in its second half and said it is well-positioned for the forthcoming peak trading period.
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NewsNew Look posts earnings rise and details menswear store plans
New Look has reported a rise in first-quarter sales and earnings, and detailed plans for standalone menswear stores.
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NewsPet Supermarket parent files notice of intention to appoint administrator
Kokoba, the parent company of pet product etailers MedicAnimal and Pet Supermarket, has filed a notice of intention to appoint an administrator.
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NewsMajestic Wine names Naked Wines’ James Crawford as group finance chief
Majestic Wine has appointed James Crawford to the position of chief financial officer as the retailer enters a “growth phase”.
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NewsEtsy shares fall following warning that currency rates could hit results
Etsy shares tumbled 13% after the online marketplace warned that its third-quarter results could be hit by currency exchange rates.
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OpinionJD holds its own against Sports Direct in retail’s equivalent of the Ashes
Amid the turmoil in sports retail over the past few years one retailer stands out for its prowess on the pitch – JD Sports.
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NewsWickes profits rise as online sales and range reviews gain traction
Travis Perkins’ consumer arm, which is dominated by Wickes, has reported a 13.9% jump in adjusted operating profit to £41m for the first half of 2015.
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NewsCarrefour turnaround boosted by first half Latin America and Europe sales
Carrefour is making solid progress with its turnaround following strong first-half performances in European and Latin American.
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NewsThorntons shareholders urged to accept Ferrero offer 'without delay'
Ferrero has extended the offer deadline to Thorntons’ remaining shareholders for a third time as it seeks to take full control of the retailer.
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NewsJD Sports signals higher than expected profits as trainers fly off shelves
JD Sports expects profits to come in 10% ahead of expectations after a strong first half in which like-for-likes beat forecasts.
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NewsInfographic: John Lewis revenues surge 10.2% as clearance Sale ends strongly
John Lewis recorded a sales surge for the week ending 25 July after furniture performed well and its clearance Sale ended well.
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NewsLloydsPharmacy owner Celesio reports 25% jump in profits
Celesio has recorded a 25% jump in first-quarter earnings, which were boosted by strong performances in the UK, Norway and Italy.
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NewsFindel reports 'solid' start to year as sales rise 1.9% in first quarter
Findel has reported a “solid” start to the year as total sales increased 1.9% in the 17 weeks to July 24.
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NewsBonmarché like-for-like decline slows 'despite inconsistent weather'
Bonmarché like-for-likes slipped 0.7% in the 13 weeks to June 27, an improvement on the fall of 3.3% recorded in the previous quarter.
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OpinionComment: Do the opposite of Amazon if you want to compete with it
All retailers should take note of Amazon’s symbolic eclipse of Walmart to become the world’s biggest retailer by market capitalisation.
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NewsPets at Home hit by 'poor' health sales after warm weather in July
Pets at Home’s like-for-like growth dropped dramatically after poor sales of health and hygiene products and “very hot weather” in July.