All City & finance articles – Page 450
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OpinionHard work begins as retail fortunes diverge
One “dazzling” week’s trade in December gave the impression that retailers’ Christmases had all come at once.
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NewsSuperGroup sets trend to cut prices but not quality
Other retailers poised to follow SuperGroup’s ‘sensible’ lead with lower prices.
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OpinionNot so entertaining
You wouldn’t want to be selling anything entertainment-related right now, going by the updates from HMV and Game this week.
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NewsOriginal Factory Shop reports festive growth
Value department store group The Original Factory Shop has revealed like-for-like growth of 4.2% in the five weeks to January 8 after womenswear and toys drove festive sales.
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NewsThorntons suffers poor Christmas performance
Thorntons failed to meet expectations as it endured a poor Christmas in the face of tough competition.
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NewsOcado enjoys late Christmas sales surge
Online grocer Ocado enjoyed a late surge in sales in the last week before Christmas, up 23.8% on the previous year.
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AnalysisMargins: What do retailers need to know?
Many retailers started their Sales early during the Christmas period. What are the implications of discounting on retailers’ margins?
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NewsSignet UK sales edge up 1.8% over Christmas
Jewellery giant Signet’s UK sales edged up 1.8% in the nine weeks to December 31.
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NewsHMV sales slump over Christmas
Entertainment retailer HMV suffered a sales slump over Christmas, although performance was better than when it last updated.
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OpinionM&A climate poised for improvement
Private equity needs to go shopping in 2012, and global M&A activity will continue despite market volatility.
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AnalysisSun European Partners: What do retailers need to know?
The bold acquisitions of Jacques Vert and American Golf prove that deals can be made during tough economic times.
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NewsOakley Capital plots bid for HMV's live music arm
Oakley Capital founder Peter Dubens is assembling a bid for HMV’s live music arm.
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NewsBlacks moves closer to pre-pack administration
Blacks Leisure has moved a step closer to entering pre-pack administration.
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NewsThorntons warns on profits
Thorntons has issued a profit warning after poor consumer spending and heavy high street promotions hit performance.
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OpinionMixed reactions to Tesco results
Opinion was divided in the City when Tesco revealed its third-quarter update last week.
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NewsNew year brings no joy for store stocks
At the end of the year general retailers had sadly underperformed the All-share index, while food groups were also down but not by as much as the market.
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NewsTesco results top off another tough week
As Christmas loomed, store stocks headed south. Food specialists and general merchandisers alike underperformed the All Share index and were sharply down over the year.
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News
Kesa shareholders give Comet sale to OpCapita the green light
Kesa Electricals shareholders have given the go-ahead for the sale of Comet to private equity firm.
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NewsAnalysts confident of Carpetright recovery
Analysts believe Carpetright is well positioned for when the recovery comes despite the floorings retailer reporting a first-half loss.