All City & finance articles – Page 490
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NewsToy retailers mop up after Woolworths’ demise
Toy retailers Toys R Us and The Entertainer have reported a strong year in 2009 after mopping up share left from the collapse of Woolworths.
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NewsWhistles turnaround on course after losses cut
Jane Shepherdson’s turnaround of Whistles is proving a success, with losses slashed and a return to profitability on the horizon.
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OpinionSainsbury’s stays a step ahead
Sainsbury’s boss Justin King should be feeling pretty pleased with himself. Having successfully silenced all the naysayers who said Sainsbury’s would be the first to suffer in the height of the recession, he is continuing to steer his ship onto a winning course as the economy improves.
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NewsAsia and Fresh & Easy give Tesco a little help
Food retail stocks lagged both their general retail peers and the market as a whole again despite a robust set of half-year results from Tesco.
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NewsTreats are back, say Tesco and Sainsbury’s
As Tesco and Sainsbury’s report favourable results, there is evidence consumers are trading up again
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NewsBlockbuster UK profits up despite bankrupt parent
Blockbuster UK has reported its pre-tax profits lifted from £3m to £4.6m in the year to January 3, but the retailer still awaits the fate of its US parent Blockbuster Inc.
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NewsMothercare expecting better results
Maternity and baby retailer Mothercare is expected to show improved trading next week when it updates the market on its second quarter.
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NewsStores vie for Halloween bonanza but growth ‘unlikely to continue’
Retailers expect this year’s Halloween to deliver bumper sales, with the event set to be the third biggest for retail after Christmas and Easter.
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NewsDunelm outperforms in first quarter despite tough comps
Value homewares retailer Dunelm has revealed a better than expected first quarter after posting positive sales growth against tough comparables.
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AnalysisIf consumer confidence is down, why are sales rising?
Consumer confidence has fallen yet again and many expect the decline to continue - so why are sales growing, with shoppers seemingly defying their mood?
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NewsTheo Fennell tipped for return to profitability
Luxury jeweller Theo Fennell is being tipped to return to profitability thanks to a programme of investment in its stores and website and the introduction of an entry-level range.
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OpinionSir Terry Leahy points the way to a steady retail recovery
While some may harbour doubts about the retail recovery, they don’t seem to be haunting Sir Terry Leahy.
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NewsThorntons first quarter like-for-likes fall 4.1%
Chocolatier Thorntons has reported a 4.1% fall in like-for-like sales at its own stores over the first quarter of the year.
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NewsDunelm like-for-likes up in first quarter
Value homewares retailer Dunelm has reported like-for-like sales growth of 2.1% in the 13 weeks to October 2.
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NewsIkea breaks with history to reveal annual results
Furniture giant Ikea has broken its traditional habit and issued full-year results in acknowledgement of widespread interest in the business.
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NewsPeacocks calls off sale
Fashion retailer Peacocks will not be sold after there was insufficient interest from potential buyers, Retail Week has learned.
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NewsMint Velvet sales top £10m in first year
Womenswear chain Mint Velvet has notched up sales in excess of £10m in its first year of trading and “exceeded expectations”, said managing director Liz Houghton.
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NewsGame eyes opportunities despite £18.8m loss
Game recorded a worse than expected first-half loss but new chief executive Ian Shepherd said there were “clear opportunities” when the market bounces back.
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NewsHome Bargains warns of tough times ahead
Value retailer Home Bargains has reported another record year but warned that the value sector is heading for tough times as margins are squeezed in the face of rising costs, and competition hots up.
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NewsJJB takes cautious approach as volatile trading continues
JJB Sports slashed losses in its first half but investors took fright at volatile trading conditions since.