All City & finance articles – Page 227
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NewsTK Maxx profits fall amid store openings and rising wages
TK Maxx has posted a slump in full-year profits following investment in new stores and a hike in wage expenses.
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AnalysisAnalysis: Have Next’s prospects really improved?
Next boss Lord Wolfson’s usual prudent outlook was tempered today by a rare positive note in his review of the fashion retailer’s half year.
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NewsJD Sports nets stake in South Korean chain Hot-T
JD Sports has snapped up a stake in South Korean retailer Hot-T as it presses ahead with its international expansion push.
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NewsAgenda: Kingfisher, Ocado and supermarket sales data
Retail Week looks ahead to the next seven days, with updates from Ocado, Kingfisher and the latest grocery sales data all on the agenda.
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OpinionOpinion: Potts' Morrisons plan is far from finished
Almost exactly two years ago to this day, Morrisons’ recently-appointed boss David Potts unveiled a six-point turnaround plan to the City.
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NewsToday in retail: Mixed bag from John Lewis, Next, Morrisons
Having become somewhat accustomed to a cautious and often pessimistic approach, Next boss Lord Wolfson changed his tune today.
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NewsMorrisons' Potts: Inflation will 'taper down' next year
Morrisons boss David Potts has hailed the impact of its ‘Price Crunch’ initiative in minimising food price inflation, which he believes will subside next year.
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NewsJohn Lewis Partnership profits halve despite sales rise
John Lewis’ half-year pre-tax profits have crashed despite a modest rise in sales across the Partnership.
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OpinionOpinion: Rates have retailers staring down the barrel
It almost beggars belief that the row over business rates continues to rage on.
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NewsEve Sleep racks up losses as sales flourish
Eve Sleep, which floated on the AIM in May, has reported mounting pre-tax losses in its first-half, during which sales rocketed 126%.
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NewsDunelm profits hit by Worldstores in ‘subdued’ year
Dunelm suffered a fall in pre-tax profits but said sales increased in its second and final full year under former boss John Browett.
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OpinionWill Kingfisher sink or swim after stormy first half?
Last month, B&Q and Screwfix owner Kingfisher issued an underwhelming second-quarter trading update.
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NewsToday in retail: JD Sports races ahead with soaring profits
JD Sports continued its run of beating its competitors to the finishing line today, posting rocketing profits and revenues.
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NewsJD Sports profits and sales climb in ‘record’ half-year
JD Sports has posted a jump in profits and sales for its interim results, bolstered by international store expansion and online growth.
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NewsIndian entrepreneur targets Coast, Oasis and Warehouse
An Indian entrepreneur, who is wanted by Interpol, is targeting a takeover of Coast, Oasis and Warehouse.
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NewsPrimark full-year sales soar as margin improves
Primark has hailed a jump in full-year sales and margins after the latter was driven up by lower markdowns.
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AnalysisCan Sports Direct score with investors and shoppers again?
The Sports Direct saga took what, for many onlookers, appeared to be an unexpected twist at its annual general meeting in Shirebrook.
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NewsNatura completes The Body Shop acquisition from L’Oréal
Brazilian cosmetics manufacturer Natura Cosméticos has completed its acquisition of The Body Shop from L’Oréal after being given the green light by competition watchdogs.
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NewsAgenda: Dunelm, JLP, Morrisons, Next and Primark update
Retail Week looks ahead to the next seven days, with updates from Dunelm, John Lewis Partnership, Morrisons, Next and Primark on the agenda.
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NewsToys R Us hires lawyers to explore US restructuring
Toys R Us in the US has hired lawyers to explore restructuring options ranging from bankruptcy to raising financing and restructuring debt.