All City & finance articles – Page 231
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NewsMarks & Spencer expected to push on with store closures
Marks & Spencer is expected to drive on with a store closure plan and the shutters could come down on more branches.
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NewsFootasylum shares surge on stock market debut
Footasylum shares soared on the retailer’s stock market debut, valuing the business at close to £200m.
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NewsApple profits spike as it predicts record festive sales
Apple has posted a spike in fourth-quarter earnings and predicted record sales during the golden quarter, despite whispers of sluggish demand for new iPhones.
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NewsAgenda: Primark, New Look, M&S and Sainsbury's
Retail Week looks ahead to the next seven days, with updates from Primark, New Look, M&S, Sainsbury’s and Halfords on the agenda.
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NewsTesco's Lewis kept in dark over inflated profits, court told
Tesco boss Dave Lewis was kept in the dark about inaccuracies in the grocer’s 2014/15 half-year accounts, a court heard today.
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AnalysisAnalysis: How the interest rate hike will affect retail
The Bank of England issued its first base interest rate rise in a decade earlier today, upping it to 0.5%.
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NewsOasis and Coast unveil profit lift as Warehouse falters
Oasis was the fashion group’s star performer in the year to February 28, 2017, registering a jump in profit and sales.
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NewsBank of England hikes interest rates to 0.5%
The Bank of England has increased interest rates for the first time in more than a decade.
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NewsOpinion: Morrisons excels in playing to its strengths
Morrisons posted an eighth consecutive quarter of sales growth today as it built further trading momentum. Bryan Roberts assesses the grocer’s progress.
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NewsMorrisons' Potts shrugs off potential interest rate hike
Morrisons boss David Potts has downplayed the impact a potential rise in interest rates could have on its progress.
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NewsMorrisons sales rise as price campaigns gain traction
Morrisons has posted a jump in third-quarter sales as it hailed progress in becoming “more competitive” on price.
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NewsNext full-price sales edge up in third quarter
Next’s full-price sales advanced 1.3% in the 12 weeks to October 29, driven once again by growth at its healthy Directory business.
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OpinionSainsbury's lights right fuses, but don't expect fireworks
Bonfire night may be just around the corner, but don’t expect too many fireworks from Sainsbury’s when it updates the market this week.
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NewsReiss profits drop amid global openings
Reiss’ profits dropped last year despite rising sales as the retailer ploughed investment into global openings.
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NewsConsumer confidence slips amid fears over UK economy
Consumer confidence declined further in October as concern over the UK economy took its toll on shoppers’ outlook.
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NewsDebenhams shares may prove costly for Sports Direct
Sports Direct acquired shares in department store group Debenhams last week and might have paid more than they are worth.
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NewsToday in retail: Frenetic Friday for Wilko and Jigsaw
Retailers are living in turbulent times – and a frenetic Friday has only added to the sense of struggle.
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NewsJigsaw owner puts fashion chain up for sale
Jigsaw is on the hunt for a new owner as the high street chain grapples with an increasingly turbulent fashion market.
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NewsAmazon profits fall despite third-quarter sales surge
Amazon profits fell in its third quarter but shares in the business soared as it beat market expectations.
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NewsFootasylum set for £170m valuation on AIM
Footasylum expects its market capitalisation to be £171.3m when it launches its IPO on AIM next week at the price of £1.64 per share.