All City & finance articles – Page 188
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NewsDebenhams launches CVA as torrid trading continues
Debenhams has launched its CVA proposal and revealed trading has continued to suffer, with like for likes spiralling in the six months to March.
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NewsCotswold Outdoor owner launches CVA in bid to slash rents
Cotswold Outdoor’s parent company Outdoor & Cycle Concepts has launched a CVA proposal in a bid to stem falling profits, Retail Week has learned.
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NewsAmazon posts record profits as first-quarter income doubles
Amazon has posted its fourth successive quarter of record profits as its first-quarter income more than doubled.
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AnalysisAnalysis: Has the CMA killed grocery M&A?
The CMA has blocked the proposed merger between big-four titans Sainsbury’s and Asda, saying the union would cause a ’substantial lessening of competition’ in UK grocery. What does its verdict mean for the future of the sector?
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AnalysisAnalysis: What next for Sainsbury's and Asda?
Almost a year to the day since unveiling plans for a landmark £13bn merger, Sainsbury’s and Asda have been told they must each go solo.
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OpinionOpinion: Sainsbury's results could be final act for Coupe and Co
It seems bizarre to even consider describing the full-year results of one of Britain’s largest retailers as a sideshow.
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NewsBoohoo full-year profits surge as sales rocket
Boohoo has unveiled another stellar set of full-year results, as pre-tax profits grew 38% and sales soared.
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NewsPrimark profits jump due to higher margins and increased sales
Primark profits surged 25% during its half year, driven by higher margins and strong sales in its UK and European markets
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NewsDarren Topp returns to LK Bennett as chief executive
Former LK Bennett boss Darren Topp has been reappointed to the top job, following its acquisition by a Chinese partner.
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OpinionOpinion: Bigger margins are not always better
UK retailing is now entrenched in a trend of declining profitability, though many – particularly the investment and landlord communities – remain in denial.
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NewsTopshop’s Green offers flagship as pension security
Topshop boss Sir Philip Green has proposed offering the flagship store on London’s Oxford Street as security to his Arcadia group’s pension funds as he seeks to restructure his fashion empire.
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NewsDebenhams sale process lambasted by Sports Direct’s Ashley
Sports Direct tycoon Mike Ashley has complained that the administrators of Debenhams are not conducting a “genuine” sale process.
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NewsReiss posts earnings rise as it reins in discounting
Reiss has reported an uplift in full-year sales and profits after it cut discounting and invested in operational improvements.
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NewsIndian giant Reliance Retail circles Hamleys
Indian retail titan Reliance Retail is reportedly in late-stage talks with Hamleys to acquire the toy retailer.
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NewsAgenda: Primark, Boohoo and Carpetright update the market
Retail Week looks ahead to the next six days with Primark, Boohoo and Carpetright updates on the agenda
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NewsTopps Tiles snaps up Strata commercial business
Topps Tiles has bought a controlling stake in tile supplier Strata as it grows its commercial business.
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AnalysisAnalysis: Can Topshop get back in fashion?
When you’re forced to buy back a hefty chunk of the jewel in your crown for just 76p, you know that something has gone horribly wrong.
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AnalysisHomebase boss McGloughlin confident as losses narrow
As Easter approaches, Homebase chief executive Damian McGloughlin can look forward to DIY retailers’ equivalent of Christmas with more confidence than he could last year.
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AnalysisAnalysis: The secrets behind JD Sports' success
JD Sports has posted a stellar set of full-year results as EBITDA rocketed more than £100m and sales sprinted ahead.
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NewsCard Factory profits fall against ‘tough' consumer backdrop
Card Factory has recorded a decline in its full-year profits as sluggish customer footfall stunted the retailer’s sales growth.