All City & finance articles – Page 315
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NewsTesco: Details of store closures revealed as 2,000 jobs face axe
Tesco has revealed the locations of the 43 stores, nearly half of which are Express branches, that will close in an attempt to cut costs.
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NewsApple smashes record for biggest quarterly profit in history
Apple has reported the biggest ever quarterly profit by a public company after strong sales of its new iPhone 6 smartphone.
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NewsIkea profits flatline as it pours extra investment into staff bonuses
Ikea’s profits remained static at €3.3bn (£2.5bn) during the 2014 financial year as it increased the bonuses it handed out to workers by €98m (£73m).
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NewsConsumer spending at its highest level for three years, Deloitte says
Consumer spending on non-essential items has reached its highest level for three years thanks to falling fuel and food prices.
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AnalysisCarpetright's third quarter: What the analysts say
Carpetright reported a solid set of results this morning, with like-for-like sales up 7.5% in the UK. Here is analysts had to say.
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OpinionComment: A Halfords-style servicing can make Tesco fully roadworthy
As Matt Davies prepares to move to Tesco, Halfords’ update brought clues about how he may put the wheels back on the grocer.
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NewsThe number of retail profit warnings doubled in 2014
The amount of profit warnings from the retail industry nearly doubled last year, with the grocery sector leading the charge, research has found.
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NewsCarpetright trading improves in Q3 after new Boxing Day promotions
Carpetright has reported like-for-like sales up 7.5% in the UK in its third quarter following new Boxing Day offers.
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AnalysisAnalysis: Sports Direct owner Mike Ashley's busy start to 2015
After increasing his stake in Debenhams and buying USC out of administration, tycoon Mike Ashley is now rumoured to be circling Evans Cycles.
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NewsMade.com annual sales surge as it approaches £100m flotation
Made.com has reported a surge in annual sales as it gears up for a stock market flotation that could value the business at over £100m.
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Interview
Q&A: ScS boss David Knight on the company's impending IPO
ScS chief executive David Knight explains the company’s reasons for floating and lays out the future direction of the busines.
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NewsDFS and ScS prepare for £1bn and £70m stock market floats
Sofa specialists DFS and ScS are gearing up for a stock market flotation that would value the companies at £1bn and £70m respectively.
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NewsB&M reports strong Christmas as like-for-like sales rise 4.5%
Value chain B&M Bargains has revealed UK like-for-like sales increased 4.5% in the 13 weeks to December 27.
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NewsOriginal Factory Shop delivers record-breaking festive figures
Original Factory Shop has reported record-breaking Christmas trading figures, driven by sales of festive gifts.
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NewsSuperdrug owner AS Watson buys 50 health and beauty stores from Dirx
Superdrug owner AS Watson has unveiled a deal to purchase 50 shops from Dutch health and beauty specialist Dirx Drugstores.
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NewsMySale closes US and South Korean sites to focus on UK as it dips into red
MySale has closed its US and South Korea websites in order to focus on the UK and other key markets after reporting a loss.
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NewsCard Factory like-for-likes up 1.8% after 'solid' Christmas
Card Factory has reported a like-for-like sales increase of 1.8% over an 11-month period, and says it achieved “solid” Christmas trading.
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OpinionComment: Lessons in merger success from Dixons Carphone
The successful merger of Dixons and Carphone Warehouse is a reminder to all retailers of the importance of executional excellence.
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NewsHalfords boss Matt Davies denies business will suffer after he joins Tesco
Halfords boss Matt Davies has denied that his departure for Tesco will be detrimental to the business because of the foundations he has laid.
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NewsLakeland secures £16m funding deal from RBS to support expansion
Kitchenwear specialist Lakeland has sealed a £16m funding deal from the Royal Bank of Scotland (RBS) which it plans to use to boost expansion.