All City & finance articles – Page 479
-
News
Cash Generator draws up plan for expansion
Second-hand retailer and pawnbroker Cash Generator is gearing up for expansion beyond the UK mainland after like-for-like sales soared 16.4% in the year to January 31.
-
NewsDFS sale is ‘Lord Kirkham’s call’
Sofa retailer’s founder considers refinancing alternatives as doubts rise over sale of the business
-
OpinionUpgrade in store for Ted Baker?
SuperGroup’s £5 a share IPO is good news for founder Julian Dunkerton. It might also be good news for some of the retailer’s fashion peers - in particular Ted Baker.
-
NewsMy-Wardrobe pursues funds to back growth
Fashion etailer My-Wardrobe is seeking another round of investment to accelerate growth as it targets sales of £100m by 2015.
-
NewsSuperGroup to expand overseas via global ecommerce assault
SuperGroup is to push the button on a global ecommerce offer a week ahead of its scheduled IPO.
-
NewsFlying Brands’ focus on core areas paying off
Home shopping group Flying Brands’ strategy to focus on its core gardening and gift divisions is bearing fruit, the retailer said as it posted improved full-year results.
-
AnalysisIs Blockbuster springing into action too late?
The latest financial results from Blockbuster make for grim reading. For the year ending January 3, 2010, losses at the US-based video rental giant widened from $374m (£204m) in 2008 to $558m (£358m).
-
OpinionRetail surgery: Is it true that we are no longer going to be able to provide credit at the point of sale in the same way as we have?
Is it true that we are no longer going to be able to provide credit at the point of sale in the same way as we have?
-
OpinionWhy Superdry boss will need 2020 vision
An unscientific survey admittedly, but an analysis of the branded hoodies on a flight back from the French Alps last week revealed that even Abercrombie & Fitch was being left in the wake of Superdry.
-
NewsVAT on food ‘could cut grocers’ profits by 16%’
The imposition of a 5% rate of VAT on food could hit the three quoted grocers’ operating profits by up to 16%, says broker Bernstein.
-
NewsPrivate equity firms confirm interest in DFS
Two private equity firms have reaffirmed their interest in buying sofa retailer DFS and a third is expected to do so, despite doubt about whether a sale will be concluded.
-
NewsOcado to float after general election
Home shopping group Ocado has signalled its intention to launch an IPO after the general election.
-
NewsBlockbuster may put up stores as collateral to ensure DVD supplies
Troubled DVD rental group Blockbuster may have to put up Canadian stores as collateral after failing to secure bank credit for stock.
-
Analysis
Are you getting the best from your payment acquiring partner?
In order to be a leader in today’s competitive market, it is essential to respond to all market challenges - and opportunities - with speed. The payments environment is ever changing, and you need to find new ways to respond to your customers, reduce your costs and outpace your competition. By choosing Chase Paymentech Europe Limited as your payment acquiring partner, you are safe in the knowledge that you will always be one step ahead of your competitors.
-
NewsMarks & Spencer to pay bonus early to avoid 50% tax rate
Marks & Spencer has become the latest retailer to bring forward bonus payments in order to beat the 50% tax rate being introduced next month.
-
NewsAsos launches new management incentive plan
Fashion etailer Asos has unveiled details of its new management incentive plan.
-
NewsFrench Connection to sell Nicole Farhi and scale back US retail
Fashion group French Connection is selling its Nicole Farhi business and closing most of its US shops following a strategic review.
-
NewsAdvent considers Poundland sale
Private equity firm Advent has hired Close Brothers to advise on a possible sale of value retailer Poundland.
-
NewsSuperGroup confirms IPO details
Young fashion retailer SuperGroup has given the green light to its stock market listing and confirmed that it expects to achieve an IPO valuation of £395m.
-
OpinionRetailers need more friends in Westminster
Nobody doubts hard political choices will have to be made to cope with the costs of the banking crisis and recession, but VAT on food should not be among them.