All City & finance articles – Page 566
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News
Mastercard ordered to axe cross-border charges
Mastercard charges imposed on retailers for consumers’ cross-border card transactions are likely to be abolished following a European Commission ruling this week.
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News
CBI survey reveals slow high street sales
Sales for the first half of December were the slowest on the high street for over a year.
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News
Landmark acquires 7% stake in Debenhams
Middle Eastern retail giant Landmark has taken a 7 per cent stake in UK department store chain Debenhams through investment vehicle Milestone, raising speculation that a bid for the UK store group may be in the offing.
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News
Baugur poised to make a move on Debenhams next year
Baugur is expected to launch a bid for Debenhams in partnership with an overseas department store business early next year.
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News
Baugur poised to make a move on Debenhams next year
Baugur is expected to launch a bid for Debenhams in partnership with an overseas department store business early next year.
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News
Arrogant Cat to expand shop base in retail push
Arrogant Cat has earmarked 5 million to quadruple its UK store numbers and kick off international expansion. expand shop base in retail push
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News
Duke Street Capital buys Original Factory Shop
Value store group Original Factory Shop has been sold to private equity giant Duke Street Capital for 68.5 million.
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Analysis
Home shopping sector at home with consumer credit
Credit crunch? What credit crunch? As the consumer debt squeeze takes its toll on the UK retail industry, the home shopping sector is continuing to reap the benefits of credit.
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News
Elvi owners rebuff fire-sale talk as it seeks buy-out or investors
Plus-size fashion retailer Elvi is pursuing a sale or new investment little more than a year after being acquired by Langholm Capital for 10 million.
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News
Sports Direct share price nosedives
Sports Direct shares dipped to less than a third of the price it floated at yesterday after Merrill Lynch issued a damning note on the company.
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News
99p Stores outlines aggressive growth agenda to revive profits
Discount retailer 99p Stores has vowed to return to profitability next year following two years of losses.
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Opinion
Expansion must factor in global trends
We recently held our retail and wholesale 2007 conference, which was based on strategic thinking and included three renowned futurists, who provided some insight into how the world might look in 2050.
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Opinion
Specialism and scale are crucial
Hopefully by the time you read this article there will have been a cut in interest rates.
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News
Bank of England cuts interest rate
The Bank of England cut interest rates by 0.25 per cent today handing retailers a much-needed pre-Christmas boost.
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News
Wal-Mart takes control of Seiyu
The world’s biggest retailer Wal-Mart has completed its tender offer to take total control of Japanese supermarket chain Seiyu.
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Opinion
The Retail Week – November 30, 2007
Retailers seeking reassurance about the prospects for Christmas trading probably didn’t want to be on Oxford Street yesterday afternoon.
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News
SCS Upholstery: The City View
Fears are growing that the springs have gone at upholstered furniture specialist ScS, which holds its AGM on Monday.
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News
Retailers' unease grows as shares continue to slump across the board
Punch-drunk retailers took more blows as both grocers and general merchandisers underperformed.
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News
Sports Direct’s Ashley plans to up stake
Sports Direct founder Mike Ashley has set out plans to buy back a further 5 per cent of its shares, sparking fresh speculation that he plans to buy back the business he floated 10 months ago.
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News
Positive John Lewis sales could kick-start Christmas
Fears of a retail slowdown this Christmas may abate as John Lewis reported a 10 per cent jump in sales last week.