All City & finance articles – Page 304
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NewsStrong dollar and mild weather dent H&M profits in fourth quarter
H&M has revealed a strong dollar and mild weather affected profits but the fashion giant said it would continue its global store expansion.
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NewsHotel Chocolat swings to profit after sales growth and cost controls
Hotel Chocolat has swung to a full-year profit driven by tighter control of costs and sales growth within its stores and online.
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OpinionOpinion: Asda job losses a reminder of difficult decisions facing grocers
In the face of the headwinds in which the UK grocery market has had to operate, Asda has never shirked from taking difficult decisions.
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DataData: Retail share price index – January 22, 2016
January 22, 2016: This week’s data on the biggest risers and fallers plus a comprehensive list of share price results in the retail sector.
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NewsSainsbury's set to win Qatari support for last-minute Argos bid
Sainsbury’s is set to gain the support of its largest shareholder, the Qatar Investment Authority, for a renewed bid for Argos.
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NewsDixons Carphone reports better than expected Q3: What the analysts say
Dixons Carphone has revealed full year profits will be slightly ahead of expectations due a stronger than expected third quarter. Here’s what the analysts said.
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NewsCard Factory delivers full-year growth: What the analysts say
New stores and a transactional website helped total full-year sales at Card Factory to jump 8.1% to December 31. Here’s the City’s reaction.
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NewsCarpetright third-quarter like for likes rise 2.4%: What the analysts say
Floor covering specialist Carpetright saw like-for-likes edge up 2.4% in the UK over its third quarter. Here’s what the analysts said.
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OpinionOpinion: Dixons Carphone shows the right spirit both at home and abroad
Once again it was a ‘two-humped camel’-shaped Christmas trading period for electricals and mobile technology specialist Dixons Carphone.
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NewsTesco breaches Groceries Code on supplier payments, says grocery watchdog
Tesco has breached the Groceries Code on payment delays and must introduce “significant changes” to its practices and systems.
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NewsCarpetright like-for-likes rise but margins hit by promotions
Carpetright like-for-likes edged up 2.4% in its third quarter, although promotions are set to impact full-year profit margin.
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NewsPretty Green confident of continued growth as international sales take off
Menswear retailer Pretty Green, launched by Liam Gallagher in 2009, has reported strong online and international sales over Christmas.
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NewsKingfisher unveils plan to boost bottom line by £500m a year
DIY group Kingfisher will unveil plans to investors today on how it will add £500m a year to its bottom line in five years’ time.
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NewsOutdoor retailer Mountain Warehouse eyes £200m stock market debut
Mountain Warehouse is mulling a £200m IPO and the outdoor retailer has hired investment banker Rothschild to advise on the process.
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NewsAgenda: Carpetright and Dixons Carphone trading updates
Retail Week looks ahead to next week with trading updates from floorings specialist Carpetright and Dixons Carphone on the agenda.
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NewsHalfords reports flat like-for-likes over Christmas: What the analysts say
Halfords like-for-likes were flat as the retailer’s servicing offer offset the impact of the mild weather. Here’s the City’s reaction.
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NewsHalfords slashes senior management bonuses after weak winter sales
Halfords has revealed it slashed its senior management bonuses in its last quarter after weak sales caused by the mild weather.
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NewsN Brown posts 4.1% jump in like-for-likes as online sales outpace stores
N Brown has reported a 4.1% jump in like-for-likes during the third quarter as online growth outstripped its bricks-and-mortar performance.
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NewsHalfords reports flat third-quarter like-for-likes as cycling business grows
Halfords has posted flat retail like-for-likes in its third-quarter as sales of bikes and cycle repairs offset a dip in parts, accessories and clothing.
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OpinionTheo Paphitis: Everything’s changed in retail... and there’s more to come
The pace at which retail innovations are being adopted by consumers shows no signs of abating and the industry will never be the same again.