All City & finance articles – Page 374
-
NewsBurberry warns foreign exchange rates could hit profits
Luxury brand Burberry has warned that volatile exchange rates could hit full year profits as it revealed a quarterly sales rise.
-
NewsHalfords sales up 7.9% as Tour de France gives cycling a boost
Halfords revealed group revenue increased 7.9% in its first quarter as cycling sales were boosted by interest in the Tour de France.
-
NewsPrimark sales rise 22% in third quarter as new stores boost growth
Primark posted a 22% sales surge in its third quarter to June 21, driven by new stores and like-for-like growth.
-
NewsSuperGroup records 'solid' full-year performance as it eyes European expansion
SuperGroup delivered a “solid” full-year performance and plans to drive further growth through European expansion.
-
NewsMothercare appoints Mark Newton-Jones as permanent chief executive
Mothercare has appointed interim boss Mark Newton-Jones as its permanent chief executive.
-
NewsHMV reveals UK sales of £470m in first year out of administration
HMV has reported UK sales of $804m (£470m) in its first full year since being bought out of administration.
-
OpinionComment: Retailers underwhelmed by ‘business-friendly’ government
Last week Labour wheeled out its creaky ‘business-friendly’ bandwagon ahead of next year’s election campaign.
-
NewsBreakfast briefing: Retail news on Kiddicare, Sunday trading and Mothercare
Retail news round-up on July 10, 2014: Sainsbury’s unsupportive of relaxing Sunday trading rules, Endless close to buying Kiddicare
-
OpinionComment: Sainsbury’s Justin King succeeded by listening to customers
Sainsbury’s CEO Justin King was able to rekindle the retailer’s core values by putting customers back at the heart of company strategy.
-
NewsTed Baker appoints finance director Lindsay Page as chief operating officer
Ted Baker has appointed long-serving group finance director Lindsay Page as its chief operating officer.
-
AnalysisLive blog: Sainsbury's AGM 2014
Keep track of events at Sainsbury’s AGM today, with live comments from Retail Week’s deputy editor Jen Creevy.
-
NewsThorntons full year retail like-for-likes rise 1.1%
Chocolatier Thorntons retail like-for-likes increased 1.1% in its full year but fell 3.9% in its fourth quarter.
-
OpinionComment: Now is the time to commit to business rates reform
If a week is a long time in politics, then 24 weeks – the period that has passed since we published The Road to Reform – must be the retailer’s equivalent of an aeon.
-
OpinionComment: When will Marks & Spencer fire on all cylinders?
If it’s not one thing it seems to be another at Marks & Spencer.
-
NewsLive blog: Marks & Spencer AGM 2014
Keep track of events at Marks & Spencer’s AGM today, with live comments from Retail Week’s executive editor George MacDonald.
-
NewsMarks & Spencer benefits from focus on full-price fashion sales
Reduced promotions and a customer shift towards ‘better’ and ‘best’ product helped Marks & Spencer make progress in the key clothing category in the first quarter.
-
NewsMarks & Spencer boss Bolland: 'There’s no problem with our new website'
Marks & Spencer boss Marc Bolland has denied there are problems with its new online platform and pledged web growth in time for peak trading.
-
NewsDunelm like-for-likes grow 5.5% in fourth quarter
Dunelm like-for-likes continued to improve in its final quarter, rising 5.5%, which has taken its full-year, like-for-like growth to 2.1%.
-
NewsMarks & Spencer like-for-likes edge up but website hits sales
Marks & Spencer UK like-for-likes edged up 0.3% but sales from the retailer’s relaunched website fell 8.1% over its first quarter.
-
OpinionComment: Why now is the best time to close your loss-making stores
News that Mamas and Papas may need go through some form of restructuring, primarily due to having too many stores, comes as no surprise.