All City & finance articles – Page 306
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News
Morrisons 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.
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News
Payments business aids eBay results, despite hit from US dollar
EBay posted better than expected profits of $626m (£416m), as payments revenues counteracted the strengthening of the dollar.
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News
Breakfast Briefing: Retail news on eBay, Holland and Barrett, Amazon and more
Retail news round-up on April 23, 2015: eBay posts $626m quarterly profits, Holland and Barrett opens ‘free from’ store, Amazon to trial delivery to Audi cars and more
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News
Food retail employment continues to fall as customers change shopping habits
Employment in the food retail sector has continued to decrease as consumers shift towards convenience shopping and online.
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News
Tesco boss Dave Lewis: We'll behave our way out of trouble
Tesco boss Dave Lewis said the embattled grocer will “behave our way out” of trouble after reporting the biggest loss in its history today.
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News
Wickes reports continued sales growth up 8.7% in first quarter
Travis Perkins’ consumer arm, which largely consists of Wickes, has reported continued sales growth of 8.7% for its first quarter in 2015.
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Analysis
Analysis: Tesco's full-year performance in numbers
Tesco has revealed its worst-ever pre-tax loss of £6.38bn. Retail Week takes a look at the headline figures.
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Analysis
Tesco boss Dave Lewis’s three-point plan: the progress so far
Tesco boss Dave Lewis outlined a plan last year to turn around the grocer, which reported a £6.38bn loss today. We look at the progress made.
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News
Live blog: Reaction to Tesco's full-year pre-tax losses of £6.38bn
Follow our live blog for the latest updates and reaction to the news that Tesco has reported its worst-ever pre-tax loss of £6.38bn.
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News
Tesco plunges to worst-ever pre-tax loss of £6.38bn after 'difficult year'
Embattled supermarket giant Tesco has revealed statutory pre-tax losses of £6.38bn for 2014/15, the biggest loss in the grocer’s history.
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Opinion
Comment: Primark is right to put shoppers before bottom line
Primark is usually as adored by the City as it is by customers. But despite posting rising profits, analysts reacted rather coolly.
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News
Primark half-year profits up 11% despite flat like-for-likes
Value fashion giant Primark has revealed an 11% rise in half-year operating profits, despite reporting flat like-for-like sales.
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News
Carpetright profits to beat forecasts as it turns around European business
Carpetright has revealed its full-year pre-tax profits will be ahead of expectations as its European operation enters the black.
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News
House of Fraser full-year sales and profits up as online surges
House of Fraser has reported a rise in full-year sales and profits, helped by a strong performance from its online business.
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News
Shoe Zone warns on sales and profits as warm weather hits performance
Shoe Zone has warned that its full-year results will be “below market expectations” after warm autumn and winter seasons hit sales and profits.
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News
Pets at Home like-for-likes and revenues jump after focus on health
Pets at Home saw like-for-like sales jump 4.2% in its first year since floating on the stock exchange, driven by a focus on health and wellbeing.
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News
Alibaba fined £86,450 for Single’s Day 2013 pricing issues
Alibaba has been fined 800,000 yuan (£86,450) over pricing issues during the etail giant’s Single’s Day promotional event
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News
Benetton Group doubles compensation to victims of Rana Plaza disaster
The Benetton Group revealed it has doubled the compensation it has paid after it contributed $1.1m to the Rana Plaza Trust Fund.
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News
The Hut Group unveils full-year earnings up 50% as sales surge
The Hut Group has revealed record-breaking sales and profits as it invests in technology ahead of more website launches.
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News
New Look in talks with Chinese investors as it eyes sale over flotation
New Look has entered talks with Chinese investors as it leans towards a sale rather than a stock market flotation.