All City & finance articles – Page 19
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NewsDHL suspends high-value US deliveries over tariffs
DHL Express has suspended deliveries to the US worth more than $800 (£603), blaming the “significant increase” in red tape at customs due to the introduction of tariffs by the Trump administration.
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NewsBensons for Beds owner mulls bid for Poundland
Alteri, the owner of Bensons for Beds, has emerged as one of several potential contenders to take over discounter Poundland.
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Opinion‘Job security jitters may rise — and constrain consumer spend’
Consumer sentiment has been helped by a strong labour market, but nervousness on the jobs front means weak demand for discretionary goods may build, cautions Shore Capital director Clive Black
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NewsDeliveroo reports first quarter growth as UK and international orders soar
Rapid delivery specialist Deliveroo has reported a “strong” performance during the first quarter thanks to order growth in both the UK and internationally.
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NewsSainsbury’s sales and profits rise thanks to highest market share growth for a decade
Grocery giant Sainsbury’s has reported a rise in profits and sales for the full year as it posted its highest market share growth for more than a decade despite forecasting flat profits for the year ahead.
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NewsDunelm holds firm on guidance as it hails ‘strong’ sales growth
Homewares retailer Dunelm said it is “on track” to hit its profit before tax guidance for the full year as sales during the third quarter surged despite “increased uncertainty on consumer sentiment” ahead.
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AnalysisWhy WHSmith boss Carl Cowling is still betting big on America despite Trump turmoil
WHSmith is selling its high street business to focus on its successful travel operations—notably the US, described by the retailer as its “most exciting growth market”
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NewsSosandar warns on profits as it shifts away from promotions
Fashion retailer Sosandar has revised down its full-year profit and sales expectations, as it is continuing its “transition away from price promotional activity”.
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NewsWHSmith sales jump but profit down as high street trading drags
WHSmith reported a jump in revenues but profit before tax inched down in its first financial update since announcing the sale of its flagging high street business.
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NewsLVMH sales slip but Sephora continues to grow
Luxury retail group LVMH has recorded a slight dip in revenue, despite Sephora continuing to perform strongly.
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NewsArc’teryx owner acquires outerwear brand Jack Wolfskin
The owner of outdoors brand Arc’teryx, Anta Sports, has snapped up Jack Wolfskin in a £222m deal to acquire it from sports equipment company Topgolf Callaway.
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NewsUniqlo parent company ups profit forecast as it gears up for another ‘record’ year
Uniqlo’s parent company Fast Retailing has reported rising sales and profits during the first half and upped its full-year guidance as it gears up for yet another “record” year of trading.
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NewsTesco’s Ken Murphy unveils plans for a potential price war and Trump tariffs turmoil
Despite reporting incredibly strong trading figures for the last financial year, Tesco slashed its profit forecast for the coming year. Is the supermarket giant being overly cautious though?
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NewsThe Very Group completes refinancing
The Very Group has refinanced £598m through issuing privately placed senior secured notes due in August 2027.
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NewsTesco expects lower profits next year as it records highest market share in years
Tesco has said it expects next year’s profits to be lower after recording its highest market share in nearly a decade.
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NewsMarks Electrical revenue grows as it pivots back to ‘premium focus’
Marks Electrical has recorded an uplift in revenue and said it is “actively pivoting” back to its “historically successful premium focus” to drive better margin performance.
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FeatureAsda: What went wrong and how can it be fixed?
How did the Issa brothers’ ownership of Asda go so wrong? And what do new chairman Allan Leighton and his team need to do to get the beloved supermarket chain back on track?
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DataCustomers abandon tens of billions of pounds in online purchases
UK shoppers abandoned £38bn in ecommerce purchases in 2024, an 11% increase from 2023, despite online retail sales showing minimal year-on-year change, a new report has found.
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NewsJD Sports holds firm on outlook but warns of uncertainty over tariffs
JD Sports said it has started the year “in line with expectations” but warned that its guidance for the 2026 financial year excludes the pending impact of changes to tariffs amid a “volatile” trading environment.
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NewsBoots sees increase in sales in second quarter
Boots UK sales were up 1.6% in the three months to February 28, 2025, versus the year before.