All City & finance articles – Page 396
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NewsSports Direct's Irish partner eyes sports chain Elverys
Sports Direct’s Irish partner, Heatons, is in talks to acquire Elverys, the oldest sports chain in the Republic of Ireland.
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NewsGame backer revealed as activist investor Elliott
Activist investor Elliott Advisors has built a 99% stake in Game and is on course for a windfall if plans for a £300m float are successful.
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NewsOcado co-founder Gissing retires as full-year losses widen
Ocado co-founder Jason Gissing is to retire from the retailer it was revealed as the online grocer reported widening pre-tax losses.
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NewsBreakfast briefing: Retail news on Ocado, Game, Amazon, Sports Direct, Morrisons and more
Retail news round-up on February 4, 2014: Ocado co-founder Gissing retires and pre-tax losses widen, Activist investor Elliott revealed as Game backer, Amazon UK sales growth suffers slowdown and more.
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OpinionComment: Why Carphone Warehouse's Samsung deal makes sense
Samsung has revealed plans to open 60 stores in Europe in partnership with Carphone Warehouse – a strategy that will give Samsung a European presence that took Apple nearly a decade to build, but in just three months.
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AnalysisAnalysis: Which retailers are best positioned to float?
As a raft of retailers get ship-shape and ready to float, Retail Week takes a look at the runners and riders in the race to go public.
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NewsDFS and B&M Bargains step up plans to float this year
DFS and B&M Bargains have stepped up their plans to float this year by hiring advisors as a cluster of retailers eye a public listing.
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NewsSports Direct in talks with Debenhams over sportswear stock
Sports Direct put forward plans to bring a sportswear offer to Debenhams stores last week in what is understood to be the first of a series of meetings between the two retailers.
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NewsIPOs could be derailed by unrealistic valuations
Punchy prices being demanded by some retail IPO candidates could put off investors and derail floats, observers fear.
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AnalysisData: Sainsbury's growth under Justin King
In his 10 years in charge of Sainsbury’s Justin King, who this morning signalled his plans to stand down in July, has added more than £500m to the grocer’s underlying profit.
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NewsMulberry issues profit warning after tough Christmas trading
Mulberry has issued a profit warning because of a weak UK market over the Christmas period and cancelled wholesale orders in Korea.
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NewsAo.com eyes £1.2bn IPO valuation as investor appetite grows
Electricals etailer Ao.com is looking at valuation of between £1bn and £1.2bn in its IPO, four times more than the £300m estimate made when it appointed its advisers in September.
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NewsBreakfast briefing: Retail news on AO.com, Ikea and retail sales in Ireland
Retail news round-up on January 29, 2014: AO.com eyes £1bn valuation for stock market float, Retail sales in Ireland edge up 0.6% in December, Ikea records 3.1% rise in total sales in 2013.
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OpinionComment: Activist investor interest in grocers' property is unwelcome distraction
You’d think the property boom days were well and truly back judging by the hopes of activist investors to force a supermarket property restructuring.
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OpinionNick Bubb's verdict: Carpetright: Profit Warnings R Us?
Long-suffering investors in Carpetright have become used to regular profit warnings. However today’s problem is not the UK, but the Netherlands.
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NewsCarpetright to employ raft of initiatives to lift ailing Dutch arm
Carpetright is implementing a raft of initiatives in its Netherlands business to try and offset the economic turmoil in the country.
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NewsPawnbroker Albemarle & Bond shares plunge after crucial sale process abandoned
Pawnbroker Albemarle & Bond’s share price crashed yesterday when it called off a sale process which was seen as crucial to its survival.
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NewsCarpetright warns on profits as Netherlands business suffers
Floorings specialist Carpetright has flagged that full-year profits are expected to come in below expectations after its Dutch business continued to perform poorly.
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NewsBreakfast briefing: Retail news on Carpetright, Amazon and Morrisons
Retail news round-up on January 28, 2014: Carpetright profits to come in at lower end of expectations, Morrisons operations director quits weeks after joining and Amazon takes over £1 in every £4 spent on entertainment.
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AnalysisPay and consumer spending: What do retailers need to know?
Government figures show a rise in pay but the Asda Income Tracker suggests that it is perhaps too soon for retailers to celebrate.