All City & finance articles – Page 238
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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.
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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.
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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.
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NewsNew Look targeted by distressed debt investors
US distressed debt investors are seeking to acquire bonds of embattled fashion retailer New Look.
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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.
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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.
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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.
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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.
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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.
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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.
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NewsHut Group snaps up Glossybox and hits £2.5bn valuation
The Hut Group’s latest funding round has more than doubled its valuation as the health and beauty etail group acquired cosmetics subscription business Glossybox.
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OpinionOpinion: Asda sales will prove it is past its nadir
It’s been a long, dark tunnel for Asda – one it has been attempting to crawl its way out of for almost three years.
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NewsAmazon's European retail business pays just £15m in tax
Amazon’s European business paid just €16.5m (£14.95m) in tax last year, despite raking in revenues of €21.6bn (£19.57bn).
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NewsAgenda: Asda and Kingfisher report second quarter results
Retail Week looks ahead to the next seven days, with updates from Asda and Kingfisher on the agenda.
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NewsToys R Us full-year profits jump despite falling sales
Toys R Us’ pre-tax profits rocketed in its latest full year, but sales dipped amid what the retailer described as a ‘competitive market environment’.
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NewsScalpel or axe? How retailers should seek to streamline
As the likes of Tesco, John Lewis, Sainsbury’s and Asda streamline their cost bases, Lawrence Hutter explores the departments where retail’s axe is likely to fall.
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NewsCard Factory sales spike amid store expansion plan
Card Factory has posted a jump in like-for-like sales during its first half as the business presses ahead with a drive to broaden its proposition.
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NewsScS like-for-likes slip against ‘tough comparatives’
In a pre-close update, ScS said order intake slipped 0.7% on a like-for-like basis in its full year as it came up against tough comparatives.
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NewsCath Kidston profits jump as international arm blooms
Cath Kidston’s full-year profits surged as “essential Britishness” struck a chord with shoppers in its overseas markets.
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OpinionTen years on, credit crunch lessons still apply
Ten years ago today, August 9, 2007, “the world changed”.