All City & finance articles – Page 229
-
NewsAmazon to slash Whole Foods prices from Monday
Amazon will complete its acquisition of Whole Foods on Monday – and has unveiled plans to immediately slash prices at the upmarket grocer.
-
NewsAgenda: WHSmith, shop prices and consumer confidence
Retail Week looks ahead to the next seven days, with a pre-close update from WHSmith, the latest Shop Price Index and an update on consumer confidence all on the agenda.
-
NewsMobile slowdown dims Dixons Carphone’s shine
Dixons Carphone released first-quarter results with a boost in sales across the board today – so why has its share price slumped?
-
NewsDixons warns on profits as mobile market bites
Dixons Carphone has issued a profit warning, blaming the tough UK mobile phone market for its woes.
-
NewsTesco opens £85m investor compensation scheme
Tesco has opened a £85m compensation scheme to make payouts to thousands of shareholders in the aftermath of its accounting scandal.
-
NewsLaura Ashley profits nosedive in ‘challenging’ year
Laura Ashley profits and sales plummeted at the full-year mark, which the retailer attributed to challenging trading conditions and the weak pound.
-
NewsGame’s full-year sales edge up despite UK slump
Game has reported a nominal rise in its full-year sales, driven by an improved performance in its second half.
-
NewsEx-BHS owner Dominic Chappell to be prosecuted
The Pensions Regulator is set to prosecute Dominic Chappell following his failure to hand over information and documents during its investigation into BHS’ sale.
-
OpinionOpinion: Card Factory exposes Clintons’ house of cards
As more and more shoppers jump on the Card Factory bandwagon, its biggest rival Clintons is fast being exposed as a house of cards.
-
NewsAshley ups Debenhams interest with direct stake
Mike Ashley has increased his interest in ailing department store Debenhams once again and, for the first time, has taken a direct stake.
-
NewsThe Hut Group snaps up major beauty retailer
The Hut Group has bolstered its beauty offer, acquiring a major Australian beauty retailer just one week after buying Glossybox.
-
NewsClintons’ losses mount as business costs bite
The greetings card specialist expects tough trading after increased losses in its past financial year but is confident improvements will deliver results.
-
NewsiCandy collapse cost former Clinton boss nearly £1m
Retail entrepreneur Clinton Lewin lost almost £1m as a result of the collapse of his iCandy greetings card business.
-
NewsNew Look targeted by distressed debt investors
US distressed debt investors are seeking to acquire bonds of embattled fashion retailer New Look.
-
NewsAgenda: Grocery sales data from Kantar and Nielsen
Retail Week looks ahead to the next seven days, with the latest grocery market share data from Kantar and Nielsen on the agenda.
-
DataData: Asda’s three-year struggle for sales growth
After three years of sales decay, Asda finally turned the corner today by returning to like-for-like growth.
-
NewsAsda stems sales decay with first rise in three years
Asda has posted its first quarter of sales growth for three years as the embattled grocer’s turnaround efforts build momentum.
-
NewsBunnings racks up losses in maiden full year
Wesfarmer-owned DIY retailer Bunnings made a loss in its first full year on these shores as it kick-started its assault on the UK DIY market.
-
NewsLaura Ashley warns on profits ahead of full-year results
Laura Ashley has issued its second profit warning in the space of six months amid “demanding” trading conditions.
-
NewsJohn Lewis sales spurred by fashion and electricals
John Lewis sales spiked last week as womenswear and electricals drove the department store chain’s performance.