All City & finance articles – Page 373
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NewsMothercare’s first-quarter results: What the analysts say
Find out what the analysts make of Mothercare revealing a 0.9% rise in UK like-for-likes for the 15 weeks to July 12 as it welcomes new boss Mark Newton-Jones.
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NewsNick Bubb’s verdict: Sports Direct - challenging targets?
Mike Ashley is keen to encourage Sports Direct staff to work even harder to hit the company’s EBITDA target, but is this year’s target that challenging?
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AnalysisSports Direct's full-year results: What the analysts say
Sports Direct posted underlying pre-tax profit up 19.8% to £249.3m in its full-year to April 27. Retail Week takes a look at what the analysts say.
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NewsMothercare to take online sales hit as it shifts to full-price focus
Mothercare expects to take an online sales hit in the short term as new boss Mark Newton-Jones puts full-price sales at the heart of strategy.
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NewsAo.com quarterly like-for-likes jump 30% as it prepares for German launch
Electricals etailer Ao.com like-for-likes jumped 30% in the three months to June 30 as it prepares to launch Ao.de site in Germany.
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NewsSports Direct reports surging sales and profits in full year
Mike Ashley’s Sports Direct has reported retail like-for-like sales increased 10.5% and profits soared by 19.8% for its full year.
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NewsMothercare boss Newton-Jones unveils 'modernising' turnaround plan
Mothercare’s new chief executive Mark Newton-Jones has unveiled a turnaround plan to “fix the basics” at the maternity specialist.
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AnalysisAnalysis: Retailers and shopping centres join forces for new apprenticeship
The BCSC Educational Trust and the National Skills Academy for Retail have teamed up with Primark and Hammerson to launch a new apprenticeship. Retail Week takes a look at the project.
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NewsSainsbury’s AGM welcomes rival Philip Clarke in name only
At Justin King’s final AGM last week a questions came from one of the grocer’s shareholders, who shared his name with Tesco boss Philip Clarke.
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NewsSports Direct's Mike Ashley withdraws from new bonus scheme
Sports Direct owner Mike Ashley has withdrawn from the Bonus Share Scheme this month, following pressure from the City.
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OpinionComment: A retail finance director’s remit goes beyond numbers
Marks and Spencer and Tesco demonstrate that the role of the modern CFO does not stop at finance but extends into every aspect of retail.
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OpinionComment: Aldi and Lidl’s discounting is no new phenomenon
The fervour surrounding Aldi and Lidl’s discounting belies the longstanding tradition of discounters in the UK retail market.
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OpinionComment: Destination Maternity’s woes rule out a deal with Mothercare
The topsy-turvy logic of Destination Maternity’s interest in merging with Mothercare was laid bare by the US retailer’s latest update.
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NewsBreakfast briefing: Retail news on June retail sales figures and Iceland Foods
Retail news round-up on July 15, 2014: UK retail spending up 0.6% in June and Iceland Foods completes £950m debt refinancing deal.
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NewsConviviality posts surging full-year profits as it eyes 'strong' future growth
Bargain Booze owner Conviviality Retail has posted surging full-year profits despite a fall in sales due to store closures.
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NewsHalfords unfazed by Froome and Cavendish exiting Tour de France
Halfords boss Matt Davies does not believe Chris Froome and Mark Cavendish crashing out of the Tour de France will damage sales.
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AnalysisIn the news: Tesco's new finance boss Alan Stewart
The departure of Marks & Spencer finance supremo Alan Stewart looks as if it came as unpleasant surprise to the food and fashion giant.
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AnalysisSuperGroup's full-year results: What the analysts say
SuperGroup has posted full-year pre-tax profits up 18.8% to £62m. Retail Week takes a look at what the analysts say about the fashion retailer.
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NewsMarks & Spencer chief finance officer Alan Stewart to join Tesco
Marks & Spencer chief finance officer Alan Stewart is stepping down from the retailer to join Tesco.
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OpinionComment: M&S fall in online sales highlights the risks of replatforming
The hostile reaction to M&S’s disclosure of an 8% decline in online sales, following the launch of its new website, is a timely reminder of the risks involved in major replatforming programmes.