All City & finance articles – Page 370
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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.
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NewsCard Factory like-for-likes jump 2.6% in half year
Card Factory like-for-likes jumped 2.6% in its half year and it has set new store openings and market share growth in its sights.
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NewsFat Face chief financial officer departs following aborted IPO
Fashion retailer Fat Face’s chief financial officer Helen Cowing has left the business following its aborted IPO.
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OpinionComment: P&G’s brand cull holds lessons for the big grocers
The appointment of Dave Lewis as chief executive of Tesco prompted discussion about what the established grocers might learn from FMCG businesses as they square up against the discounters.
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NewsNick Bubb’s verdict: Waitrose - wake up and smell the coffee?
The mighty Waitrose PR machine suffered a couple of jolts last week with some unhelpful headlines, but is anything really amiss?
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NewsFormer Halfords boss reportedly in running for Morrisons top job
Former Halfords boss Ian McLeod is said to be on a list of people incoming Morrisons chairman Andy Higginson is considering as a replacement for chief executive Dalton Philips.
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NewsCo-op sells farming business for £249m to focus on retail business
The Co-op is selling its farming business for £249m to the Wellcome Trust as it seeks to focus on its core retail and consumer services.
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NewsOffice is believed to be preparing for stock market flotation in 2015
Office is believed to be preparing for a stock market flotation of the business that would value the company at £300m.
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NewsHomebase circled by turnaround firms Apollo and OpCapita
Homebase has attracted the interest of turnaround investors Apollo and OpCapita, who are understood to be working on a takeover bid.
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NewsBreakfast briefing: Retail news on Homebase, Office and Industrie
Retail news round-up on August 1, 2014: Turnaround firms circle Homebase, Sir Terry Leahy invests in tech start-up, Office eyes flotation and more.