All City & finance articles – Page 192
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NewsTed Baker full-year profits slide as sales rise
Ted Baker has posted a steep decline in its full-year profits despite increased sales, which acting boss Lindsey Page attributed to “difficult trading conditions.”
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NewsNext full-year profits edge down as store sales decline
Next has recorded a dip in pre-tax profits in its full-year results as falling sales in its stores were offset by rises across its online and brand sales.
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NewsRetail crime costs up to £1.9bn in 2018
The latest BRC Retail Crime Survey shows that spending on prevention and losses from crime cost the retail sector £1.9bn in 2018.
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NewsThe Entertainer sales and profits climb
The Entertainer recorded a rise in profits bolstered by strong like for likes, which founder Gary Grant credited to its ”enthusiastic, loyal staff”.
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AnalysisStore gallery: Lush boss smells success with new format
As Lush opens its biggest store to date in Liverpool, Retail Week speaks to boss Mark Constantine about the retailer’s full-year results and bold bricks-and-mortar ambitions.
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NewsOffice Outlet collapse puts 1,200 jobs at risk
Office Outlet, the stationery chain formerly known as Staples, has tumbled into administration just two years after its rebrand.
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NewsOcado to rebuild Andover warehouse following fire
Ocado has committed to rebuilding its Andover warehouse that was gutted by a fire, despite admitting the site is “ruined”.
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NewsScS profits increase in challenging market conditions
ScS, the upholstered furniture specialist, has reported an increase in half-year profits but said trading conditions remain uncertain.
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NewsBonmarché issues fresh profit warning after March setback
Bonmarché has warned that it will make a worse than expected loss this year after tough trading in March.
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NewsOcado sales advance despite warehouse fire
Ocado has posted an increase in sales in its first quarter, when a fire hit its Andover warehouse.
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NewsAsos posts sales rise as UK outperforms and US lags
Asos has recorded a rise in quarterly sales after a strong showing in the UK, but high demand in the US caused dispatch problems there.
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OpinionWhy JD Sports' play for Footasylum makes tactical sense
What a difference a month makes. In February, after securing an 8.3% stake in Footasylum, sports fashion titan JD Sports insisted it was “not intending to make an offer” for its athleisure rival.
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NewsNew Look to shut all stores in Poland
New Look will shut its Polish operations as part of its management team’s bid to turn the business around.
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NewsJD Sports to buy Footasylum in £90m deal
JD Sports has made a recommended cash offer for embattled counterpart Footasylum.
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NewsProperty giants refuse to work on Arcadia CVA
Leading retail property agencies CBRE and JLL have made clear they will not assist Arcadia tycoon Sir Philip Green with a CVA of the fashion group.
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NewsDebenhams considering pre-pack option
Debenhams is considering a pre-pack administration in a bid to prevent the struggling department store group from falling into Mike Ashley and Sports Direct’s grasp.
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NewsAgenda: Asos, Next, Kingfisher and Ocado update the market
Retail Week looks ahead to the next seven days with results from Next and Asos, plus the latest Brexit vote, all on the agenda.
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NewsArcadia poised to launch CVA within weeks
Arcadia is set to launch a far-reaching CVA as soon as next month, with a substantial number of store closures and job losses expected.
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VideoWatch: Is Mike Ashley Debenhams' only hope?
Mike Ashley is attempting to seize control of Debenhams. The team cuts through the noise to ask whether he represents its best chance of success.
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NewsTrouva partners with real estate firm to tackle business rates
Trouva has today unveiled a strategic partnership with real estate advisers Harper Dennis Hobbs to “tackle unfair business rates” for independent retailers.