All City & finance articles – Page 23
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AnalysisHow Currys plans to keep charging ahead following a strong Christmas
A raised profit outlook, higher Christmas sales and an improvement in the Nordics market, Currys recorded strong growth over peak trading.
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NewsBoohoo shareholders are urged to vote against Frasers’ bid to remove Mahmud Kamani once again
Independent proxy adviser Glass Lewis has recommended fast-fashion retailer Boohoo’s shareholders to vote against the demands of Frasers Group at the upcoming general meeting.
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NewsUK high street spend declined as shoppers took part in a ‘cautious Christmas’
UK high streets saw a drop in sales in December as shoppers decided to take a cautious approach to Christmas spending, according to data from Rendle Intelligence and Insights shared exclusively with Retail Week.
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NewsCurrys has raised its profit outlook following ‘strong peak trading’
Electricals giant Currys has raised its profit outlook for the year after boss Alex Baldock hailed “strong peak trading” over the Christmas period.
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NewsBooths has reported record Christmas trading
Independent grocery chain Booths has hailed a record Christmas period, driven by what the retailer said was its service, quality and availability.
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NewsFortnum & Mason outlines investment plans after profits and Christmas sales climb
Landmark department store business Fortnum & Mason intends to invest in a raft of initiatives after reporting a strong annual and Christmas performance.
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AnalysisAfter a very merry ecommerce Christmas, Ocado aims to keep the cheer rolling into 2025
After delivering a record-breaking Christmas on the back of the best part of a year of constant growth, Ocado is riding high. How does it plan to keep up the momentum?
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NewsVery Group has recorded increase in golden quarter sales
Very Group has recorded a strong Christmas and Black Friday trading, mainly driven by a rise in annual sales across home, toys, gifts and beauty.
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NewsJD Sports has seen revenue increase despite a ‘challenging and volatile market’
JD Sports has recorded a growth in revenue across its golden quarter trading period, despite what the retailer called a “challenging and volatile market”.
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NewsOcado has delivered 'another record-breaking Christmas' and strong performance across 2024
Ocado has achieved “another record-breaking Christmas” with its highest-ever level of sales over the festive trading period, along with a strong performance throughout 2024.
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NewsMajestic Wine toasts ‘best-ever Christmas’ as new customers splash out
Majestic Wine has toasted its biggest ever Christmas, as new customers splashed out on fine wines, champagne and sparkling during the festive period.
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NewsBoots records growth across all categories after an ‘exceptional’ Black Friday period
Health and beauty retailer Boots has recorded growth across all of its categories and channels in the first quarter, along with an “exceptional” performance over the Black Friday period.
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NewsSainsbury’s unveils staff pay rise as Christmas sales climb
Sainsbury’s has reported a food market share gain for the fifth consecutive Christmas as shoppers turned to it for ”quality, value and service”.
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NewsRetail share prices battered despite strong Christmas performances
Leading retailers’ share prices have taken a hammering despite some of the biggest names posting strong Christmas performances.
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NewsBoohoo has accused Frasers Group of bid to ‘destabilise’ the fashion retailer ahead of shareholder vote
Fast-fashion giant Boohoo has accused Frasers Group of being on a campaign “which appears designed to destabilise” the fashion retailer in its latest letter to shareholders ahead of the general meeting later this month.
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NewsB&M has driven profit and sales growth over golden quarter trading period
Value variety retailer B&M has recorded a rise in profit and sales following “disciplined operational execution” over the golden quarter trading period.
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NewsGreggs has surpassed £2bn in sales as it expects to maintain growth in 2025
Food-to-go retailer Greggs has reported it has surpassed £2bn in its full-year trading period, in what its chief executive described as a “another year of good progress”.
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NewsM&S sees ‘another good Christmas’ as investment in quality and value pays off
Marks & Spencer has recorded “another good Christmas” as sales across food, home and beauty rose over the festive period.
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NewsTesco sales jump as boss Murphy hails ‘biggest ever Christmas’
Tesco has delivered a jump in sales as boss Ken Murphy said the grocer’s focus on investing in value, quality and service led to it delivering its “biggest ever Christmas” trading period.
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NewsPrices will be higher in 2025 as Christmas trading fails to meet expectations
Shop prices will increase during the course of 2025 after the key festive trading period failed to meet expectations, according to the British Retail Consortium.