All City & finance articles – Page 303
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NewsHomebase outpaces Argos' sales growth as Home Retail profits jump 14%
Homebase has outpaced Argos’ sales growth as parent company Home Retail recorded a jump in annual pre-tax profits after a focus on cutting costs and growing gross margins.
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NewsNext sales up 4.1% in first quarter buoyed by warm spring weather
Next reported total sales were up 4.1% in the first 13 weeks of the year, driven by a longer Sale period.
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AnalysisAnalysis: The top 10 fastest-growing retailers in the UK, 2015
Our list of the fastest-growing retailers in the UK highlights businesses that have excelled at increasing profits in the past year.
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NewsIkea full-year profits fall 10.5% in the UK despite a sales surge
Ikea’s UK profits dropped 10.5% for the year despite a jump in sales as the retailer seeks to pursue a strategy of “long-term profitability”.
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AnalysisHome Retail's full year: Five things to look out for ahead of its results
Home Retail will report its full-year results tomorrow, and is expected to reveal a jump in profits at Argos. Retail Week highlights five areas to look out for.
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NewsJaeger reshuffles top team and appoints former Bank boss as trading director
Former Bank managing director Gwynn Milligan has been appointed trading director at Jaeger as part of an executive team shake-up.
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OpinionSports Direct should leave zero-hours behind and focus on overseas growth
Few retail personalities polarise opinion as strongly as Sports Direct founder and executive deputy chairman Mike Ashley.
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NewsDunelm chairman Geoff Cooper to be replaced by non-exec Andy Harrison
Dunelm chairman Geoff Cooper is stepping down after more than 10 years, to be replaced by non-executive director Andy Harrison.
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NewsBreakfast Briefing: Retail news on Morrisons, Dunhumby, M&S and more
Retail news round-up on April 28, 2015: Former Morrisons chief to get further £1.1m payoff, Dunhumby ends US joint venture, M&S to unveil Lulu Kennedy collection, and more.
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NewsAmazon to continue heavy investment in Prime despite losses
Amazon will continue heavily investing in its Prime service despite revealing another big loss in its first quarter.
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NewsJones Bootmaker and Brantano owner appoints advisors ahead of sale
Macintosh Fashion has appointed BNP Paribas and KPMG as advisors to find a buyer for its Jones Bootmaker and Brantano fascias.
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NewsLK Bennett to expand abroad as it reports rise in profits
LK Bennett recorded a rise in turnover and profits as it expands internationally and continues to assess underperforming UK stores.
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NewsInfographic: John Lewis sales drop amid tough conditions and Easter timing
Sales at both John Lewis and Waitrose fell last week as the timing of Easter and challenging trading conditions took their toll.
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NewsFrench Connection warns on retail sales after 'challenging' conditions
Fashion retailer French Connection has warned that its first-half retail sales will come in “materially lower than expected”.
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NewsBreakfast Briefing: Retail news on wearable tech, retail sales and Amazon
Retail news round-up on April 24, 2015: Netatmo June wristband goes on sale at SpaceNK, Surprise fall in March retail sales, Amazon incurs quarterly loss of $57m
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CartoonBlower’s retail cartoon: Tesco’s long road to recovery
Retail Week cartoonist Patrick Blower’s take on Tesco reporting its statutory pre-tax loss of £6.38bn from the year to the end of February.
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VideoThe Retail Week: Tesco's loss, Sainsbury's to axe 800 staff and Home Retail
Grocery reporter Luke Tugby and Kantar Retail retail insights director Bryan Roberts analyse the big stories from the past week.
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VideoVideo: Tesco's 'very difficult year' reviewed in 60 seconds
As Tesco reveals record losses, grocery reporter Luke Tugby sums up the supermarket giant’s ups and downs throughout a turbulent 12 months.
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NewsKaren Millen boss Shearwood: Don’t make knee-jerk exits from foreign markets
Karen Millen boss Mike Shearwood has advised retailers not to make rash decisions about struggling international markets.
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NewsMorrisons launches bonus scheme based on customer service scores
Morrisons has revealed a new staff bonus scheme that will reward employees based on customer satisfaction levels at their stores.