All City & finance articles – Page 306
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NewsPoundland's sales hit £1bn amid investigation into 99p Stores acquisition
Poundland’s annual sales hit £1bn for the first time as it “carefully considers” the decision to investigate the acquisition of 99p stores.
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NewsCharles Tyrwhitt founder receives £15.7m payout after profits rise
Charles Tyrwhitt founder Nick Wheeler has received a £15.7m payout, after the retailer revealed its turnover increased 20%.
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NewsPrivate equity firm ECI Partners is front-runner to acquire Evans Cycles
Private equity firm ECI Partners is believed to be leading the race to acquire bike specialist Evans Cycles.
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NewsHalfords finance boss Andrew Findlay steps down to move to easyJet
Halfords has revealed its chief financial officer Andrew Findlay has resigned to take up the position of finance boss at easyJet.
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NewsBonmarché like-for-likes drop as warm autumn continues to bite
Bonmarché recorded a drop in like-for-like sales during its fourth quarter as it struggled to recover from the unseasonably mild autumn.
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VideoThe Retail Week: Aldi overtaking Waitrose, Co-op results, and M&S discussed
Join our executive editor George MacDonald and news editor Nicola Harrison, as they pick through the week’s main news stories.
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NewsWalgreens Boots Alliance to close 200 US stores as part of cost-saving initiative
Walgreens Boots Alliance has revealed plans to close 200 stores in its US retail pharmacy division as part of a three-year cost-saving initiative.
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NewsPoundland takeover of 99p Stores faces investigation by competition watchdog
Value retailer Poundland’s proposed takeover of rival 99p Stores will face an “in-depth” investigation by competition authorities.
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NewsMulberry profits to beat expectations after 'careful' cost control
Luxury brand Mulberry expects full-year profit before exceptional items to be “slightly” ahead of forecasts after “careful cost control”.
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NewsCo-op Food delivers 'robust' performance as full-year sales and profits rise
Co-operative Food has delivered a “robust” performance in the tough grocery market, posting increases in both like-for-likes and profits.
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AnalysisThe top 50 retailers by sales during the 2013/14 financial year
Retail Week’s ranking of the UK’s top 50 retailers by sales for the 2013/14 financial year shows no changes within the top 10 compared with last year.
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NewsParty leaders address 'Asda mums' in attempt to secure votes
Leaders of the three main political parties have recorded video messages aimed at mums who shop at Asda in a bid to secure their votes.
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NewsMissguided reports £5.5m profits as it launches concession in Nordstrom
Missguided has reported full-year profits of £5.5m and has launched its first ever physical concession in US retailer Nordstrom.
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AnalysisWhy is John Lewis expanding in the Philippines and should others follow suit?
John Lewis is continuing its Asian expansion by opening 11 shops in the Philippines this summer, but why should retailers be interested in the country?
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OpinionComment: Dunelm’s store focus might seem old-fashioned but it’s working
When Will Adderley took back the reins as chief executive at home and furniture group Dunelm he had a single overriding priority.
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NewsUK economic growth “held steady” in first quarter, says lobby group
UK economic growth “held steady” during the first three months of 2015 and is expected to continue gathering momentum.
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NewsBreakfast Briefing: Retail news on John Lewis, Argos, Booker and more
Retail news round-up on April 07, 2015: John Lewis eyes 11 store branches in Philippines, Argos suffers IT glitch, Booker scouts for new chairman and more.
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NewsIndian etailer Koovs warns high marketing costs will hit full-year forecasts
Indian etailer Koovs has said it will need to seek further funding to counteract high marketing costs over the last year.
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AnalysisDoes Marks & Spencer’s sales rise signal that it has turned the corner?
If M&S has any of its Valentine’s Day chocolates left over, a box would be on its way from boss Marc Bolland to style supremo Belinda Earl.
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Analysis
M&S reverses general merchandise sales decline: What the analysts say
Marks & Spencer’s general merchandise sales returned to growth after 14 quarters of decline, as food and online sales also performed well. This is what the analysts said.