All City & finance articles – Page 208
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AnalysisAnalysis: Sainsbury’s-Asda merger’s property problem
Sainsbury’s proposed merger with Asda is almost certain to come under scrutiny from the competition watchdog amid concerns over how it could restrict consumer choice.
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NewsHouse of Fraser launches CVA to secure fresh investment
House of Fraser is the latest retailer to launch a CVA as it bids to strip costs out of the business and secure a new shareholder.
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OpinionOpinion: Baldock takes bull by horns at Dixons Carphone
Dixons Carphone’s top team has transformed beyond recognition as a mass exodus has paved the way for a fresh start at the retailer.
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NewsConviviality rejected last-minute rescue offer
Conviviality, the drinks retailer that collapsed into administration last month amid management chaos, turned down a last-minute rescue proposal.
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AnalysisAnalysis: Why Sainsbury’s and Asda are joining forces
Retail’s potential new dream team made its debut in the City today, lifting the lid on the rationale behind the proposed Sainsbury’s-Asda mega merger.
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NewsSainsbury's details plans for landmark merger with Asda
Sainsbury’s has lifted the lid on the details of its proposed merger with Walmart-owned Asda – a landmark deal that will create a supermarket powerhouse with more than 2,800 stores.
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NewsYours Clothing back in the black as sales swell
Plus-size fashion firm Yours Clothing returned to profit in its last full year as its omnichannel strategy started to bear fruit.
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AnalysisSainsbury's-Asda merger: The £10bn questions
Sainsbury’s and Asda sent shockwaves through the industry today when it emerged the supermarket giants were in “advanced talks” over a £10bn mega-merger.
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NewsSainsbury’s and Asda in shock talks over £10bn merger
Sainsbury’s and Asda are in shock talks over a £10bn merger to create a grocery retail powerhouse.
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NewsConsumer confidence down as personal finance woes hit
Consumer confidence dropped once more in April, as the general public anxiety over personal finances increased.
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NewsAmazon profits double in first quarter as sales surge
Amazon’s profits and sales have surged in its first quarter, surpassing analyst expectations and causing its share price to soar.
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NewsAgenda: Sainsbury's and Next update the market
Retail Week looks ahead to the next seven days, with updates from Sainsbury’s and Next on the agenda.
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NewsCarpetright creditors vote in favour of CVA
Carpetright has overcome a major hurdle in its bid to launch a company voluntary arrangement (CVA) after its creditors voted in favour of the proposals.
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NewsPoundworld plots up to 100 store closures in CVA plan
Poundworld is preparing to launch a CVA, which could see it close up to a quarter of its store estate.
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NewsBoohoo full-year profits surge as sales double
Boohoo has unveiled stellar full-year results driven by an “exceptional performance” at PrettyLittleThing.
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OpinionOpinion: Sainsbury's boss Coupe faces toughest test yet
There’s an argument that Sainsbury’s hasn’t received the credit it deserves for being UK grocery’s ‘Mr Reliable’ over the past five years.
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NewsCarpetright investor builds stake ahead of CVA vote
Carpetright’s biggest investor, hedge fund Meditor Capital Management, has upped its stake in the retailer almost to the level that would oblige it to make a formal takeover offer.
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NewsCo-op's £137.5m Nisa deal given green light by CMA
The Co-op’s £137.5m acquisition of convenience retailer and wholesaler Nisa has been given the green light by the competition watchdog.
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NewsAgenda: Boohoo, N Brown and Carpetright's CVA vote
Retail Week looks ahead to the next seven days, with updates from Booho and N Brown and Carpetright’s CVA vote on the agenda.
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News
Bonmarché sales fall as store performance slumps
Bonmarché has suffered a decline in full-year sales as online growth failed to offset “disappointing” performance across its store portfolio.