All City & finance articles – Page 414
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NewsMorrisons reports 'best year' as profits rise
Morrisons recorded its “best year yet” while like-for-like sales increased 1.8% and profits rose.
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NewsCountrywide plans refocus as profits dip
Rural specialist Countrywide is scaling back on non-core products, including fashion, as it makes redundancies across its business.
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NewsGame to exit Comet shops to reduce space
Embattled entertainment retailer Game is to end its partnership with electricals retailer Comet as part of its ongoing strategy to reduce space.
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OpinionTesco under Philip Clarke: One year on
Nicola Harrison has worked on the news desk at Retail Week for three years, covering property, furniture, DIY, and entertainment.
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NewsJohn Lewis Partnership gears up for ‘profound change’ in retail market
John Lewis Partnership has unveiled a new round of investment in its businesses to ensure it remains at the forefront of “profound change in the retail market” driven by technological advances.
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NewsGame supplier Capcom cuts supply
Capcom has become the latest video game giant to refuse to supply Game.
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NewsCountrywide makes redundancies as first half results disappoint
Rural retailer Countrywide makes redundancies as it reports “disappointing” first half results.
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NewsAdderley reduces Dunelm stake
Dunelm executive deputy chairman Will Adderley is sell around five million shares in the business.
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OpinionPrimark is a step ahead
Nicola Harrison has worked on the news desk at Retail Week for three years, covering property, furniture, DIY, and entertainment.
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NewsGame will not stock EA and Nintendo major releases over credit row
Game will not be stocking some of EA’s key March releases, including blockbuster Mass Effect 3, after the games developer refused to give the retailer more “manageable credit terms” in the short term.
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OpinionA new phase for Kingfisher
Nicola Harrison has worked on the news desk at Retail Week for three years, covering property, furniture, DIY, and entertainment.
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AnalysisIceland: Success in a cold climate
Malcolm Walker is close to winning control of Iceland, the business he founded. He tells Alex Lawson he is as committed as ever to the frozen food retailer.
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NewsWickes like-for-likes hit as kitchens and bathrooms sales decline
Travis Perkins’ retail arm, which largely comprises Wickes, experienced a like-for-like decline of 1.4% last year as it was hit by a fall off in demand in kitchens and bathrooms.
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NewsAlbemarle & Bond half year profits soar but retail remains tough
Pawnbroker Albemarle & Bond’s pre-tax profits have soared in its half year but its retail arm remains challenging.
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NewsFlying Brands to sell gifts business to Interflora
Home shopping group Flying Brands is to sell its gifts division to Interflora.
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NewsJJB Sports like-for-likes slide but margins improve
JJB Sports like-for-likes dropped 5.7% in the 5 weeks to January 29 as its margins continued to improve.
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OpinionSports Direct in pole position
Nicola Harrison has worked on the news desk at Retail Week for three years, covering property, furniture, DIY, and entertainment.
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NewsTesco reveals details of fresh food focus
Tesco has told investors it is to put an emphasis on fresh food and cut back on aggressive space expansion.
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NewsKingfisher management reshuffle as B&Q like-for-likes dip
Kingfisher has reshuffled its management team as B&Q like-for-likes dipped 2.5% in its fourth quarter.
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NewsThorntons to close more stores after profits hit
Thorntons pre-tax profits plummeted as poor trading and strong competition hit performance.