All City & finance articles – Page 517
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News
JJB Sports in eleventh-hour talks on clubs sale
JJB Sports remains locked in talks to sell its fitness clubs division despite the expiry yesterday of an extension to its standstill agreement with lenders.
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NewsRetail price stagnation sparks deflation fears
Inflation has fallen to zero for the first time in 49 years.
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Opinion
The credit insurance crunch
Imagine that you got home one day in early February, having trudged your way through the snow, to find a letter from your car insurance company on the doormat.
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Opinion
Value to be had in retail
Think back about five months or so, to the aftermath of Lehman’s collapse and tsunami-style turbulence in financial markets.
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NewsCredit insurance fury reaches boiling point
Retailers are turning the heat up on the Government to intervene in the credit insurance crisis.
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News
Retail stocks pick up in line with market
Retailers were popular as the market rose generally. Value opportunities, defensive stocks and riskier turnaround situations were all in vogue – only nine main market-listed store groups lost value over the week.
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News
Flying Brands profits dive 53% after punishing year
Pre-tax profits at home shopping specialist Flying Brands’ ongoing operations plummeted 53 per cent to 1.5m last year.
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News
Ted Baker is still on the right course
Idiosyncratic fashion retailer and brand Ted Baker reveals full-year numbers on Wednesday.
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News
Signet renegotiates loan agreements
Jewellery group Signet has successfully negotiated a new borrowing deal.
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News
City bullish on retail stocks as it focuses on recovery potential
Global stock markets rallied on Tuesday but general retailers’ recent outperformance was not sustained over the week.
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News
February sales figures leave analysts divided
City opinion was divided over whether February retail sales data backed a bull or bear view of the sector’s prospects.
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News
French Connection: finals next week
Spiky Steven Marks’ fashion group posts preliminary results on Wednesday – its first news since last November’s update.
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NewsWeakness of pound means pain lies ahead
Paul Smiddy: I take no solace from the official December and January sales figures. Demand will fall a lot further as unemployment spreads into the wider economy
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News
Profits plunge at Carrefour
International stores giant Carrefour is to cut prices and slash costs after profits slumped last year.
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News
Morrisons profits surge as like-for-likes climb
Morrisons' like-for-like sales climbed 7.9 per cent in the year to February 1, excluding fuel.
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News
Argos sales beat expectations
Home Retail Group has posted better than expected trading at its flagship Argos chain.
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News
Baugur court decision expected today
An Icelandic court will decide today whether to extend battered investor Baugur’s moratorium.
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Opinion
Without Principles
Last week another store chain hit the outer circle of hell known as administration. This time it was Principles and the news is that the stores are to go, but Debenhams will mop up the stock, keeping the brand alive in its branches - for the time being, at least.
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Analysis
Westminster and the high street: Worlds apart?
Politicians seem to treat retail like the forgotten stepchild of UK industry, but are things improving? George MacDonald reports on the state of retail influence in the corridors of power
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OpinionSir Stuart Rose and Tony Shiret: the dream team?
Tony Shiret caused a stir on Monday with a damning note on Marks & Spencer.