All City & finance articles – Page 401
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NewsJJB quarter-day rent fears quashed
Suggestions that JJB adviser KPMG is in a race against time to complete a sale of the troubled retailer before rent quarter day have been dismissed.
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OpinionComment: Debenhams sets the standard for retail
Department store group Debenhams took analysts on a tour of its Milton Keynes shop last week.
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NewsThorntons optimistic despite sales and profits fall
Chocolatier Thorntons has reported a fall in sales and profits as weak consumer spending hit the business, but chief executive Jonathan Hart expressed “cautious optimism” about the future.
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AnalysisAnalysis: Is Burberry's slowdown a blip or a trend?
In a difficult market, Burberry has become one of the retailers who can be relied upon to buck the trend and deliver growth.
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AnalysisBurberry: What the analysts say
A marked slowdown in sales over recent weeks has forced Burberry to issue a surprise profits warning. The City dissected the statement and expressed concern.
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NewsBurberry suffers sales slowdown
Retail sales at luxury giant Burberry have slowed in the second quarter and full-year profits are now expected to come in at the lower end of expectations
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AnalysisAnalysis: How to overcome retail property challenges
As tenants, landlords and local authorities continue to grapple with myriad challenges still facing high street retail, Retail Week Property talks to some experts about what steps need to be taken to overcome them, and how the future of the high street might look.
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InterviewQ&A: Dixons' boss Sebastian James
As Dixons reports a strong start to its financial year, the electricals specialist’s boss Sebastian James talks through the highlights with journalists and how he intends to further drive this growth.
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OpinionComment: Morrisons - playing the right cards?
It was interesting to hear Dixons’ chief executive Seb James say today that successful multichannel electrical retailing is like playing a three-card-trick.
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NewsDixons has "encouraging start" to its year as UK like-for-likes jump 7%
Dixons UK and Irish like-for-likes advanced 7% in its first quarter in what it said was an “encouraging start” to the year.
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NewsMorrisons half year like-for-likes slip 0.9%
Morrisons like-for-likes slipped 0.9% in its half year to July 29.
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OpinionComment: Light at end of tunnel for Argos
Structural issues are often blamed for Argos’ declining sales.
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NewsBRC calls for business rates to be frozen in 2013
The British Retail Consortium (BRC) is urging the Government to freeze business rates next year as retailers brace themselves for another crippling increase.
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NewsSports Direct shareholders reject Ashley bonus scheme
Sports Direct’s shareholders have not supported the proposed “super stretch” scheme which would have paid out a bumper bonus to Mike Ashley.
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NewsSports Direct sales surge as Olympics boosts sales
Sports Direct’s gross profit was up 20.4% to £211.1m in the 13 weeks to July 29 as the retailer “continues to go from strength to strength”.
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OpinionComment: Morrisons must reassure City
After the summer lull, the flow of trading statements begins again and the runes will be read ahead of the fast-approaching golden quarter.
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AnalysisMarks & Spencer: What the analysts say
Marks & Spencer unveils its new 148,000 sq ft Cheshire Oaks store today. The City welcomed new innovations in store but retained some reservations
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NewsConsumers want to bank with retailers, says poll
Consumers would rather bank with retailers such as John Lewis or Asda rather than the standard banking giants, according to a report by Uswitch.com.
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NewsJJB must submit survival plan within two weeks
JJB Sports’ management team has less than two weeks to finalise a restructuring plan.
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NewsShares in United Carpets suspended as it calculates store closure costs
Shares in United Carpets have been suspended as the retailer works out costs of multiple store closures.