All City & finance articles – Page 524
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News
Debenhams to raise cash, reports claim
Debenhams is planning to raise extra cash in order to reduce its debt levels, today's Financial Times reports.
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News
Icelandic government may take retail stakes
The Icelandic government may take direct stakes in UK retailers as part of its plans to reform its devastated financial system.
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News
Theo Fennell slips into the red
Jeweller to the stars Theo Fennell notched up losses of 840,000 in the six months to September 30 and revealed it will consider cutting back its expansion plans.
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Opinion
Wake up and smell the turkey
Things may be tough, but there’s plenty for retailers and consumers alike to be positive about.
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News
Costco’s US sales lift offsets overseas drop
US discount retailer Costco has reported a rise in sales in its home market for the first quarter of its 2009 financial year, offsetting a decline internationally.
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News
Big loss for Arcandor as Karstadt costs soar
Arcandor has revealed full-year net losses of 745.7 million ( 663.7 million), as restructuring and tough trading at its department store chain Karstadt continued to pull down the German group’s earnings.
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Opinion
HMV whistles a happy tune
“Over the last two weeks there have been unprecedented changes to the competitive landscape of the entertainment sector.”
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News
Kesa profits plummet on poor performance in UK and Spain
Kesa unveiled a lacklustre set of first-half results after the electricals group’s performance was dragged down by its UK and Spanish operations.
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News
Monthly rents demand as Carpetright struggles
Carpetright has revealed to Retail Week that it will only take on new stores from landlords that offer monthly rents.
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News
Sports Direct: The City View
Sports Direct, the group controlled by controversial tycoon Mike Ashley, pleased the City with a better than expected first half.
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News
City waits with bated breath as Christmas hangs in the balance
Goodwill towards retailers was in short supply as the countdown to Christmas became increasingly nervy.
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News
Superdrug set for its biggest January Sale
Superdrug will launch its biggest ever January Sale next month, offering swingeing price cuts of up to 90 per cent.
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News
Retail wage rises trail UK average
Retail pay rates have climbed 3 per cent this year, lagging behind the average UK rise of 3.5 per cent.
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News
Woolworths stores empire to close in January but interest continues
Woolworths’ 807 stores will be shut by January 5 but hopes remain that a buyer of the brand may be found.
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News
Retailers insist Christmas trade can be clawed back this weekend
Retailers cling to hopes of a last-minute flurry of Christmas shoppers this weekend but fear trading conditions will be desperate in the new year.
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News
Carrefour warns on profits
International retail giant Carrefour has issued a profits warning after trading wilted, particularly in Europe.
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News
United Carpets like-for-likes rebound
United Carpets has revealed a slight improvement in like-for-likes in the past 11 weeks as the retailer experienced an upturn in consumer confidence.
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News
Retail sales plunge in early December, CBI reports
More than two-thirds of retailers suffered a decline in sales volumes in the first half of December and fear a difficult new year.
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News
Marks & Spencer sales have slumped
Updated: Marks & Spencer’s sales fell of a cliff last week as core categories slumped by as much as 30 per cent, it is understood.