All City & finance articles – Page 212
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NewsJD Sports boss Cowgill’s pay probed by investor group
An influential investor group has urged JD Sports shareholders to rebel against executive chairman Peter Cowgill’s pay package.
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NewsThe Original Factory Shop tables CVA proposal
The Original Factory Shop (TOFS) has become the latest retailer to launch a CVA amid harsh retail conditions, Retail Week can reveal.
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NewsCarpetright swings to massive full-year loss as sales fall
Carpetright swung to a loss amid falling sales last year as the struggling business launched a CVA.
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OpinionOpinion: Sainsbury's Coupe has cracks to paper over
Sainsbury’s boss Mike Coupe displayed his trademark sangfroid and politician-style equanimity when he was grilled by MPs over the Asda merger last week.
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NewsGoldsmiths owner drafts in bankers for London listing
Aurum Holdings, the owner of high street jewellery chain Goldsmiths, has drafted in bankers as it pursues a stock market float.
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NewsAgenda: Carpetright, John Lewis Partnership and Be Inspired
Retail Week looks ahead to the next seven days, with updates from Capetright and John Lewis Partnership on the agenda, as well as the Retail Week Be Inspired conference.
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NewsHouse of Fraser creditors vote through CVA
House of Fraser’s company voluntary arrangement has been passed by its creditors, paving the way for the closure of half of its estate.
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NewsDixons Carphone profits slump as sales fail to spark
Dixons Carphone has reported sliding full-year profits as tepid sales growth failed to offset “challenges in UK mobile” market.
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AnalysisIn quotes: Sainsbury's-Asda merger - from Mickey Mouse to cut throats
Asda chief executive Roger Burnley and Sainsbury’s boss Mike Coupe were hauled in front of the Commons environment, food and rural affairs committee on Wednesday morning.
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NewsHouse of Fraser lenders grant extension on loans
House of Fraser’s lenders have agreed to extend its loans, giving it more time to get its restructuring proposals in order.
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AnalysisWhat the latest profit warning means for Debenhams
Debenhams issued its third profit warning in six months yesterday following poor trading over its third quarter.
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NewsIceland launches tech start-up accelerator programme
Iceland has become the latest retailer to establish a start-up tech accelerator programme as it seeks to take advantage of the opportunities heralded by digital innovation.
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NewsBonmarché profits jump despite sales dip
Bonmarché’s full-year profits have jumped under new boss Helen Connolly despite falling like-for-likes.
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NewsDebenhams warns on profits as sales fall
Debenhams has issued its third profit warning of the year following a drop in sales.
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NewsGreen launches legal challenge over BHS report
Topshop tycoon Sir Philip Green has engaged in a legal battle with regulators over the publication of a report into the collapse of BHS.
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NewsAgenda: Dixons Carphone, House of Fraser and Bonmarché
Retail Week looks ahead to the next seven days, with updates from Dixons Carphone, House of Fraser and Bonmarché coming up.
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NewsIceland profits hit by Christmas availability glitch
Iceland has reported a year of strong sales growth but annual profits were hit by factors including poor availability in the key Christmas period.
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NewsTesco posts 10th consecutive quarter of sales growth
Tesco’s UK like-for-likes jumped 3.5% in its most recent quarter, its 10th consecutive quarter of like-for-like growth.
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NewsN Brown staff at risk of redundancy as sales fall
N Brown is entering into redundancy consultations with around 250 staff following falling sales in its first quarter.
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NewsMajestic profits up as Naked Wines drives growth
Majestic has reported increased profits and sales at its full-year results with much of its growth coming from its Naked Wines division.