All City & finance articles – Page 412
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NewsTesco takes on Amazon as Clarke poised to unveil strategy
Tesco has begun its attempt to take on Amazon Market Place as the City is poised to hear the grocer’s UK strategy.
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NewsTesco set to turn focus on smaller stores
Tesco chief executive is likely to focus on small stores and scale-back store expansion as part of his new strategy for the UK’s largest retailer.
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AnalysisMothercare: what the analysts say
The analyst community has its say on Mothercare’s move to close a further 110 stores as part of its strategy to quell its declining UK sales:
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NewsJD profits hit by Blacks acquisition
JD Sports Fashion’s pre-tax profit fell by more than 14% last year as the business was hit by its acquisition of outdoor clothing retailer Blacks.
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NewsMothercare to axe a further 110 UK stores
Mothercare is to close a further 110 UK stores as part of its turnaround strategy as its full year UK like-for-likes plunge.
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NewsPark Group full year sales surge 21%
Voucher specialist Park Group sales surged 21% in its full year to March 31.
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NewsDunelm remains cautious as like-for-likes edge up
Value homewares retailer Dunelm like-for-likes edged up 0.6% in the 13 weeks to March 31.
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NewsTesco pressured to pull out of the US
Tesco shareholders are putting pressure on the grocer to pull out of its US venture Fresh & Easy to concentrate on the UK.
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NewsAmazon faces corporation tax investigation
Amazon is under investigation from UK tax authorities over its corporation tax contribution.
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NewsTesco investors put pressure on chairman
Tesco shareholders are putting new chairman Sir Richard Broadbent under pressure over the company’s strategy.
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NewsJJB thrown lifeline as Dick's takes stake in retailer
JJB Sports has received a £30m injection from investors including Dick’s Sporting Goods as it posts a full year pre-tax loss of £101.1m
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NewsJJB attracts interest of US giant Dick's Sporting Goods
JJB Sports’ “potential strategic investor” has been revealed as US sports giant Dick’s Sporting Goods.
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NewsJJB in discussions with "potential strategic investor"
JJB Sports has revealed that it is in discussions about additional financing with its bank and a “potential strategic investor.” The disclosure was made after the retailer’s share price surged this morning.
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AnalysisValue Fashion: Surviving in a tough sector
Following years of unstoppable growth, the value sector is now beset by high costs and falling sales volumes. Rebecca Thomson considers whether the hurdles can be cleared.
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AnalysisGlobal ambitions for Karen Millen
Karen Millen’s move to hire a global retail director is part of a bold overseas strategy that is propelling growth. Gemma Goldfingle reports.
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OpinionHalfords misses the cold starts
The balmy spring weather may be welcomed by most Brits, but it has not been helping those retailers that rely on a bit of cold weather to help drive sales.
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OpinionGame must bridge the trust gap to power up
The immediate aftermath of Game’s collapse into administration – 2,000 jobs slashed and 277 stores closed – makes it the most significant failure of a listed retailer since Woolworths.
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NewsFindel full year sales edge up as turnaround plan bears fruit
Home shopping group Findel’s full year sales edged up 1.1%.
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NewsHome Retail Group chairman Stocken stands down
Home Retail Group chairman Oliver Stocken is to step down as chairman and is to be replaced by John Coombe.
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NewsThe Co-operative Food records 2.1% like-for-like fall
The Co-operative Food faced a “severe challenge” in 2011 as like-for-like sales fell 2.1%.