All City & finance articles – Page 338
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NewsTK Maxx owner to open raft of new stores as sales increase 6%
TJX Europe, the parent company of TK Maxx and HomeSense, recorded a jump in like-for-likes as it prepares to roll out new stores.
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NewsMcColl's makes 'good progress' as sales jump in third quarter
McColl’s said it made “good progress” in its third quarter to May 26 as total sales jumped 4.3%.
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NewsInfographic: John Lewis sales surge 13.4% helped by 'good retailing weather'
Department store John Lewis sales surged 13.4% to £74.5m last week helped by “good retailing weather” as its second half gains momentum.
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NewsBurberry boss Christopher Bailey sells more than £5m of company's shares
Burberry chief executive Christopher Bailey has pocketed more than £5m from selling shares in the luxury retailer yesterday.
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NewsBreakfast briefing: Retail news on Burberry, eBay, Co-op and Gap
Retail news round-up on August 22, 2014: Burberry boss cashes in £5.19m in share sale, eBay eyes PayPal sale, Co-op Bank shareholders call for speedier overhaul and Gap targets India.
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AnalysisComment: Retailers should focus on their strategy and forget competition
Retailers must remember that while competitive pricing is important, remaining focused on their core offering and target market is essential.
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NewsWHSmith to hit year-end expectations as it delivers 'good performance'
WHSmith expects to hit year-end market forecasts as its travel and high street businesses deliver “good performances”.
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OpinionComment: Retailers’ thoughts turn to the crucial Christmas period
Thoughts of the crucial Christmas trading period begin to loom large for the sector, amid warnings of another unspectacular festive period.
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NewsHobbs' unpopular product changes lead to spiralling losses
The unpopular changes Hobbs made to last autumn’s collection led to losses spiralling in its full year, but it feels confident its product “refocus” will improve performance.
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NewsHeavy fashion discounting slows July consumer price growth
Consumer price inflation slowed at a sharper-than-expected rate to 1.6% in July driven by a significant drop in clothing prices.
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NewsBreakfast briefing: Retail news on footfall, Morrisons and business rates
Retail news round-up on August 18, 2014: Footfall drops 0.6% in July, Morrisons extends opening hours across half its estate, Business rates appeals to cost £4.2bn.
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NewsInfographic: John Lewis sales jump 6.1% in face of hurricane Bertha
John Lewis sales increased 6.1% to £69m for the week to August 9 as consumers battled hurricane Bertha to go shopping or turned to online.
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NewsToys R Us records fourth consecutive fall in UK profits
Toys R Us has recorded a fourth consecutive profit drop in the UK as pre-tax profits for the year ending February 1, 2014 fell 24% to £4.55m.
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NewsBreakfast briefing: Retail news on Toys R Us, Asda and John Lewis
Retail news round-up on August 15, 2014:Toys R Us profits fall for fourth consecutive year, Asda boss Andy Clarke predicts Christmas growth and John Lewis Partnership beats Bertha and capitalises on Bake Off return.
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AnalysisAnalysis: Dixons Carphone plugs in to the connected consumer
Electricals group Dixons and mobile specialist Carphone Warehouse have officially flicked the switch on their retail merger.
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NewsGame confident on profit forecasts as full-year sales surge 30%
Game’s sales jumped 30% in the 52 weeks to July 26 and the retailer expects to hit profit forecasts.
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OpinionComment: Tesco margin reset must be on the cards as food sales fall
Grocers still have a long hard road to travel before there’s peace in their troubled aisles, the BRC July sales figures showed.
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NewsNew Look quarterly profits surge as full-price sales increase
New Look reported a surge in profits in its first quarter as the retailer increased the amount of full-price sales it made on last year.
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NewsShort-sellers target Sainsbury's as Tesco margin reset expected
Short-sellers are targeting grocer Sainsbury’s amid fears that Dave Lewis, the new boss of rival Tesco, will reset margins when he arrives.
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NewsDixons Carphone unveils combined stores on day one of merger
Dixons and Carphone Warehouse made their merger retail reality overnight by opening Carphone shop-in-shops in Currys and PC World stores on the first formal day of the tie-up.