All City & finance articles – Page 360
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NewsOcado reports quarterly sales rise as customer orders jump 18%
Online grocer Ocado reported a quarterly sales rise, with gross sales surging 22.6% to £227.5m in the 12 weeks to February 23.
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NewsSports Direct asks shareholders to back bonus share scheme for Mike Ashley
Sports Direct is asking shareholders to again back a bonus share scheme, worth about £65m, for its executive deputy chairman Mike Ashley.
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NewsCo-op boss Euan Sutherland writes resignation letter
Co-operative Group chief executive Euan Sutherland has written a resignation letter after labelling the business “ungovernable”.
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NewsMoonpig.com owner Photobox plans IPO
Moonpig.com owner Photobox plans to join the swathe of retailers floating on the stock market.
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NewsTesco prepares for finance boss McIlwee's potential departure
Tesco is preparing for the departure of its finance director Laurie McIlwee amid tensions with its chief executive Philip Clarke, Sky News has reported.
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NewsHilco bids to buy struggling Irish sports retailer Elverys
Hilco, the company behind the rescue of HMV, has launched a bid to buy struggling Irish sports chain Elverys and its 56 stores.
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OpinionNick Bubb's verdict: John Lewis Partnership - could do better?
If the John Lewis Partnership was being given an end-of-term school report, would the headmaster give it 10 out of 10?
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NewsBreakfast briefing: Retail news on Majestic Wine, Waitrose, Hilco and Boohoo.com
Retail news round-up on March 7, 2014: Majestic Wine hires new CRM agency, Waitrose plans more Scottish stores, Hilco bids for Elverys, Boohoo to begin trading on March 14.
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NewsBoohoo valued at £560m as it plots to use funds for overseas growth
Fashion etailer Boohoo has been valued at £560m as its management team plans to use the proceeds to drive its international growth.
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OpinionComment: New thinking on business rates
British Retail Consortium director-general Helen Dickinson on the BRC’s suggestions for the Chancellor’s budget
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AnalysisAnalysis: Who is the next big thing in etail?
Following the stellar valuation of Ao.com, Retail Week highlights other etailers that could make waves
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OpinionComment: Some of the retail IPO valuations are beyond belief
Barracuda Search co-founder and joint managing director Jamie Zuppinger is staggered by the valuations of recent retail IPOs
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AnalysisVideo: Waitrose boss Mark Price and John Lewis boss Andy Street
The John Lewis Partnership has reported a rise in sales and profits. Retail Week interviews the bosses of John Lewis and Waitrose.
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AnalysisAnalysis: How St Pancras International changed travel retail
St Pancras International was one of the first transport hubs to kick-start a change in the way travel retail is done, helping to make stations bona fide shopping destinations.
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NewsAo.com angers suppliers by asking them to clarify terms with rival Dixons
Online white goods retailer Ao.com is understood to have written to suppliers asking them to clarify whether Dixons gets better terms than they do.
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NewsBreakfast briefing: Retail news on Amazon, AO.com, House of Fraser and more
Retail news round-up on March 6, 2014: Amazon inks Mexican food deal; AO.com writes to suppliers over Dixons terms; House of Fraser to open 12 click and collect shops; and consumer confidence in Ireland up
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NewsBoohoo to be valued at £500m as Ao.com exercises over-allotment option
Boohoo shares are expected to sell at 50p, valuing it at more than £500m, as Ao.com exercises its “over-allotment” option.
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NewsBreakfast briefing: Retail news on shop prices, PowaTag and Boohoo.com
Retail news round-up on March 5, 2014: Shop prices fall at fastest rate for seven years; app technology PowaTag is launched; and Boohoo.com sets flotation price
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NewsSainsbury's finance boss says discounters could double market share by 2020
Sainsbury’s finance director John Rogers has raised the prospect of discount retailers such as Aldi and Lidl doubling their market share by 2020.
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OpinionComment: Will retail IPOs be hit as the Ukraine crisis panics markets?
While Ao.com’s shares surged on their debut last week, Russian hypermarket group Lenta’s newly-floated stock went in the opposite direction.