All City & finance articles – Page 417
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NewsCarpetright shares rise on privatisation speculation
Carpetright shares have shot up following reports that founder Lord Harris is planning to take the retailer private.
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OpinionDunelm steady under Wharton
Nicola Harrison has worked on the news desk at Retail Week for three years, covering property, furniture, DIY, and entertainment.
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AnalysisCrisis disposals: When emergency surgery is needed
HMV and Game are selling parts of their business to preserve the core. Nicola Harrison reports on crisis disposals.
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NewsStore stocks rise as retailers refocus
Store stocks were on the up over the week as food and general merchandisers rose with the market, although the former still lagged the All Share index while the latter outperformed.
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NewsGame granted breathing space by banks
Game has been granted breathing space by its banks after they agreed to revise the terms of the game specialist’s banking facilities.
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NewsGeneral retail flat as food groups suffer
General retailers trod water over the week in a flat market, but food groups underperformed as investors continued to fret about supermarket prospects and Kantar data showed the grocery market growing below the rate of food price inflation.
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OpinionIs SuperGroup more than a fad?
Nicola Harrison has worked on the news desk at Retail Week for three years, covering property, furniture, DIY, and entertainment.
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NewsCarpetright Ireland business in recovery despite group profit warning
Carpetright issued a profit warning on Tuesday despite an improving sales trend that included a double digit like-for-like increase in the tough Irish market.
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NewsAmazon widens its sporting range in time for Olympics
Amazon has thrown down the gauntlet to sports specialists as it expands its range in the category in expectation of a spending surge during the Olympics.
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NewsGame confirms review of overseas business
Game has said it has put its overseas operations under review, confirming Retail-Week.com’s story yesterday.
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NewsTesco moves UK operations head Robbins
Tesco chief operating officer Bob Robbins will move roles within the business just three weeks after it was revealed he sold stock ahead of a profit warning.
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NewsOcado pre-tax losses narrow
Ocado’s full-year pre-tax losses have slimmed to £2.4m from £12.1m in 2010 while sales grew.
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NewsChristmas updates boost store stocks
As the Christmas trading season drew to an end, retailers of all sorts were in fashion.
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OpinionOcado blow as FD departs
News editor Nicola is has worked on the news desk at Retail Week for three years, covering property, furniture, DIY, and entertainment.
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NewsDeadline for Peacocks bids looms as other retailers target the stores
Private equity firms including Permira and Cinven are understood to have ruled out buying Peacocks, while other investment firms and retailers eye its stores.
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NewsPrimark optimistic for 2012 after strong sales
The squeeze on consumers will lessen in 2012, directors of Primark’s parent company believe.
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NewsFlying Brands sales fall
Flying Brands suffered a fall in sales over Christmas from £4.47m to £3.29m.
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NewsMatalan asks banks to loosen covenants
Matalan has asked its banks to loosen its covenants on debt incurred in 2010.
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NewsPoundland posts positive Christmas
Poundland enjoyed a “very encouraging” Christmas with like-for-like sales up 5.9%.
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NewsHMV granted breathing space by banks
UPDATED: Struggling entertainment retailer HMV has revealed its banks have relaxed its terms and given it more headroom in a move that will have a “materially positive impact on the Group’s profitability and cash flow”.