All City & finance articles – Page 436
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AnalysisBest Buy returns to the basics in its bid for growth
Electronics retailer Best Buy has struggled of late and has outlined three new strategic priorities, which it believes will help it capture new growth opportunities in key categories and channels, fund growth efforts through structural opportunities and improve returns.
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OpinionWhat next for Templeman?
As he gets ready to hand over the reins at Debenhams in September, chief executive Rob Templeman could doubtless have his yacht of choice and put his feet up if he wanted.
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NewsDunelm’s growth prospects impress
Value homewares group Dunelm posted a better than expected third quarter, when sales rose 9.4% to £139m.
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NewsTesco stays on target but UK disappoints
Tesco’s first set of prelims under new boss Phil Clarke came in much as expected, although there were some City worries at the UK performance and scale of US losses.
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NewsDebenhams to trial 'online shops' in store
Debenhams is to pilot ‘online shops’ within its mid-sized department stores in a bid to grow its market share in today’s stagnant market.
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NewsNo downturn for Burberry as sales soar in final quarter
Luxury British retailer and brand Burberry expects earnings to come in at the top end of expectations after a strong final quarter.
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NewsDixons Retail to bow out of loss-making Spain
Electricals group Dixons Retail is to say adiós to Spain and shut its loss-making business there as part of its strategy to concentrate on “winning markets and formats”.
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NewsBoris vows to protect retailers from more West End protests
Meeting aims to stop future demonstrations damaging trade for retailers in London’s West End.
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NewsBest Buy Europe to sell off Belgian Phone House
Best Buy Europe, the joint venture between Carphone Warehouse and US electricals group Best Buy, is to sell its Belgian retail business.
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NewsClarke: I’ll turn around Tesco in the UK
New Tesco chief executive signals fresh approach and pledges to ‘do things differently’ to predecessor.
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Opinion
Tesco needs to rekindle UK shoppers' affection
In his short time in charge of Tesco, Phil Clarke has already shown he’s one for straight talking.
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NewsNew TJ Hughes owners to address sourcing after rescue refinancing
The new chairman of TJ Hughes has refinanced the discount department store business and set out to address its sourcing strategy after soaring costs and slumping margins drove the business to the brink.
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NewsIdeal Shopping to be sold in £78m deal
Home shopping group Ideal Shopping Direct is set to be sold to private equity firm Inflexion and its management in a £78.3m deal.
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NewsPressure to sell Waterstone's mounts as HMV's value plummets
Pressure is mounting for HMV to hasten the sale of Waterstone’s as the value of the entire group fell below its asking price for the book chain.
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OpinionPushing water uphill
Thank heavens for Marks & Spencer. No, I’m not referring to its ready meals saving my latest dinner party.
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NewsBest Buy Europe sells Belgian business
Best Buy Europe, the joint venture between Carphone Warehouse and US electrical group Best Buy, is to sell its Belgian retail business.
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NewsCarpetright forced to issue a second profit warning
Floor coverings giant Carpetright issued another profit warning last week as tough trading conditions continued.
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NewsMatalan details refinancing and hires new boss
Value chain Matalan has told bondholders that it would refinance the business, at a meeting where it also signalled its intent to appoint former Asda executive Darren Blackhurst as chief executive.
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NewsHalfords blames weather for weak sales
Motor parts and bikes retailer Halfords remains optimistic about the outlook for the year despite a slump in car-related sales.
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NewsAsos eyes new markets as international sales beat UK
Asos’s overseas sales overtook UK revenues for the first time in the fourth quarter and the online fashion giant is now considering where else to launch country-specific sites.