All City & finance articles – Page 369
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NewsDebenhams warns on profits as Christmas shoppers stay away
Department store group Debenhams has issued a profit warning after Christmas shoppers shunned the retailer.
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NewsPhase Eight owner cashes in through refinancing
Phase Eight owner private equity firm Towerbrook has laden the womenswear retailer with more debt so it can pocket a multimillion-pound payout.
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NewsBurberry and Sainsbury’s top takeover targets in 2014, says UBS
Retailers including Burberry and Sainsbury’s have been tipped as takeover targets next year by investment bank UBS.
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NewsBreakfast briefing: Retail news on Burberry, Sainsbury's, Waitrose, Phase Eight and Christmas footfall
Retail news round-up on December 30, 2013: Burberry and Sainsbury’s top takeover targets in 2014, says UBS, Footfall edges up in December as price cuts woo shoppers and Waitrose boss Mark Price questions future of supermarket loyalty cards.
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NewsShoppers to spend almost £3bn in Sales on December 27
Nearly £3bn is expected to be spent by UK shoppers in the Sales on December 27, according to estimates.
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NewsConsumer confidence falls for third consecutive month
UK consumer confidence slumped to its longest decline for three years after falling for a third straight month in December.
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NewsRetail analyst Andrew Kasoulis joins Morrisons
Senior Credit Suisse retail analyst Andrew Kasoulis has swapped the City for an investor relations role at Morrisons.
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NewsUnited Carpets profits up four-fold as restructure gains traction
United Carpets has recorded a four-fold profit increase in its half-year as its restructuring programme makes progress.
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OpinionComment: Seeking the value in retail shares
My financial adviser recently asked me what retail stocks he should buy.
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OpinionComment: Debenhams shares drop after supplier squeeze
Retail stocks across the board edged down over the week as the City suffered a case of nerves that Christmas trading has not fully taken off as hoped for.
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AnalysisAnalysis: Who is potential House of Fraser buyer Galeries Lafayette?
House of Fraser is in advanced talks to be acquired by French department store chain Galeries Lafayette. Retail Week takes a look at the French department store chain.
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NewsLaura Ashley like-for-likes fall 0.7%
Floral homewares and fashion retailer Laura Ashley like-for-like sales decreased 0.7% in the 19 weeks to December 7.
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NewsBreakfast briefing: Retail news on Tesco, M&S, House of Fraser and White Stuff
Retail news round-up on December 18, 2013: Tesco plots Indian market entry, M&S agrees to gender neutral toys, House of Fraser could be bought by Galeries Lafayette, White Stuff hires new search agency
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NewsSuperdrug's parent company eyes £15bn stock market flotation
The Hong Kong owner of Superdrug and The Perfume Shop has appointed three banks to oversee a potential dual IPO of the business which could value it at £15bn.
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AnalysisAnalysis: Do retailers do enough to protect their staff?
There’s a mismatch between what retailers value and what they protect, according to new research from Income Protection specialist Unum.
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NewsComment: Sports Direct has a lot to play for
Soaring sales and a double-digit rise in profits might reasonably be expected to be cause for celebration.
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NewsSuperGroup to focus on 'changing perceptions' on womenswear offer
SuperGroup is to promote its womenswear next year to change consumer perception about its offer.
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OpinionComment: How the Future Fifty scheme is helping fast growth retailers
Small, fast growth companies need a unique type of support. The Future Fifty programme aims to provide this.
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OpinionComment: Global retail - what to expect in 2014
2014 will be a year of transition as retailers grapple with evolving channels and markets according to the retail findings of a new report from the Economist Intelligence Unit.
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AnalysisDixons’ first half results: What the analysts say
Dixons today reported that underlying pre-tax profit rocketed to £30.2m in its first half from £14m last year. The results were met positively by the City.