All City & finance articles – Page 437

  • RW thorntons sign
    News

    Thorntons warns on profits

    2011-05-03T08:42:00Z

    Thorntons’ own store sales like-for-likes fell 12.6% in its third quarter and the chocolatier warned on profits.

  • Tim Danaher, Editor, Retail Week
    Opinion

    Sunday trading laws are not sustainable

    2011-04-28T15:57:00Z

    Politicians have long talked about reducing retail regulation, but the Government’s Red Tape Challenge is the first sign of action.

  • Tesco
    News

    Tesco shares down but brokers confident

    2011-04-28T15:43:00Z

    Grocery and general merchandise giant Tesco edged down as the market digested the first set of results delivered by new boss Phil Clarke.

  • Liberty Royal window
    Gallery

    Royal Wedding Windows

    2011-04-28T00:00:00Z

    Retailers have decked out their stores to celebrate the royal wedding.

  • Westminster Abbey
    Analysis

    Tying the retail knot

    2011-04-28T00:00:00Z

    Wills and Kate tie the knot tomorrow, and in keeping with the fervour we take a look back at some of the most notable marriages of retail businesses over the years. Have these unions stood the test of time or did they decide to go their separate ways? Charlotte Hardie ...

  • Sports Direct.com
    News

    Sports Direct stock rises despite tough trading

    2011-04-28T00:00:00Z

    City confidence that Sports Direct will achieving its £215m EBITDA target in 2012 rose following a 7.3% jump in gross profits despite tough trading conditions.

  • Stephen Robertson
    News

    Staff cuts planned despite rise in retail employment

    2011-04-28T00:00:00Z

    Retail employment edged up 0.5% in the first quarter of 2011 - the equivalent of 3,400 more full-time jobs - but almost one third of retailers expect to cut staffing levels in the current quarter.

  • Kate and Wills pie
    News

    Royal wedding celebrations cause mixed trade for retail

    2011-04-28T00:00:00Z

    Wedding gives boost in sales in run-up to April 29 but drop in footfall is predicted on the big day.

  • Phil Clarke
    News

    Tesco to rein in category growth with home focus

    2011-04-28T00:00:00Z

    Tesco group chief executive Phil Clarke has signalled that the retailer’s non-food, non-fashion offer will focus on product for the home and garden rather than further experimentation with items such as gold and cars.

  • News

    Ideal snapped up as TV shopping catches on

    2011-04-28T00:00:00Z

    Home shopping group Ideal Shopping Direct is to be sold to private equity firm Inflexion as interest in TV shopping channels increases.

  • Tesco fascia
    News

    Tesco’s candour impresses City

    2011-04-28T00:00:00Z

    The City was impressed with Tesco chief executive Phil Clarke last week when he delivered his first full-year results, although sales slipped slightly by 1.28% on the day.

  • Argos TV
    News

    Argos pushes new products in a bid to combat tough trading

    2011-04-28T00:00:00Z

    Multichannel general merchandise giant Argos is to move into new product categories as it chases growth in tough trading conditions, which led to a plunge in profits.

  • Opinion

    Argos down but not out

    2011-04-28T00:00:00Z

    Is Argos the new Woolies, someone asked last week when parent Home Retail issued prelims showing plunging profits at the catalogue store business.

  • Retail_2011_logo2.jpg
    Analysis

    What's big in 2011?

    2011-04-28T00:00:00Z

    What is the state of UK retail in early 2011? That’s what Retail Week sought to find out with Retail 2011, the authoritative analysis of UK retail today. In this extract from the report, we look at the key themes that emerge.

  • waterstones_kensington.JPG
    News

    Waterstone's: no deal this week, no year-end deadline

    2011-04-27T16:18:00Z

    Any deal to sell Waterstones to Russian billionaire Alexander Mamut is unlikely this week, and could be several weeks off, according to sources familiar with the situation.

  • Farmfoods profits soar 30%
    News

    Farmfoods profits soar 30%

    2011-04-27T10:37:00Z

    Frozen food specialists Farmfoods profits rose 30% in 2010. The retailer’s pre-tax profit for the year ending December 31 2010 leaped to £17m from £13.1m in 2009.

  • Carpetright2.jpg
    News

    Second profit warning in a month from Carpetright

    2011-04-27T08:55:00Z

    Carpetright has issued its second profit warning of the month and third of the year, after sales fell further in the 11 weeks to April 16

  • Primark.JPG
    News

    Primark's growth slows in first half

    2011-04-27T08:28:00Z

    Primark’s profits grew 5% in the first half, and the company said trading in the UK had shown signs of improvement after a disappointing start to 2011.

  • Henry Jackson, Managing Partner, Opcapita.
    Opinion

    When the going gets tough...

    2011-04-26T07:00:00Z

    As we head towards summer it’s now clear that this will be a very difficult year for UK retail.

  • Greg Hodge cutout
    Analysis

    Best Buy returns to the basics in its bid for growth

    2011-04-21T14:46:00Z

    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.