All City & finance articles – Page 246
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NewsBreakfast briefing: Tesco, Ann Summers and more
Retail news round-up: Tesco-Booker deal may be threat and opportunity for Nisa, Ann Summers in Ireland reports loss and Carphone Warehouse in Ireland records pre-tax losses
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OpinionOpinion: Asos shows the way towards retail reinvention
John Lewis managing director Paula Nickolds shared her first thoughts on leading the business last week and was frank about the testing times she faces.
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NewsToday in retail: No Express checkout for Tesco-Booker
Tesco’s proposed £3.7bn Booker takeover has come under more pressure with experts suggesting the grocer may have to ditch hundreds of its Express convenience stores.
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NewsJaeger poised to tumble into administration
Jaeger is poised to fall into administration this week, leaving the future of 25 stores and almost 700 jobs hanging in the balance.
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NewsArcadia pension deficit balloons to almost £1bn
The black hole in Arcadia’s pension scheme has ballooned to almost £1bn, documents published by MPs have revealed.
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NewsToday in retail: Brexit plans can restore confidence
In the week Article 50 was triggered, the ramifications of last summer’s Brexit vote were made clear once more today.
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AnalysisBrexit: Seven opportunities for retailers to benefit
The Brexit decision may have brought uncertainty, but retailers can make the most of it.
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InterviewInterview: Macy’s legend Lundgren on US department store turmoil
As he hands over the reins as chief executive, Macy’s Terry Lundgren discusses his career and why he’s confident department stores will thrive.
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AnalysisAgenda: Asos and Mothercare update the market
Retail Week looks ahead to the next seven days, with financial updates from Asos and Mothercare both on the agenda.
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NewsH&M to unveil Arket fascia in London as profits fall
H&M has revealed that it will unveil its new fascia Arket in London this autumn against a backdrop of falling profits.
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NewsAO.com revenue soars but full-year loss expected
AO has reported rocketing revenues but says it expects to make a full-year loss in 2017.
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News
Booker sales creep up, choked by tobacco display ban
Booker has reported a small rise in sales in its fourth-quarter, with growth being dragged down by falling tobacco sales.
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NewsDFS profits and sales rise in half-year results
DFS has reported rising sales and profits in its half-year results, with boss Ian Filby hailing the retailer’s ability to weather economic headwinds.
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NewsMatchesfashion.com sales and profits soar
Matchesfashion.com has reported soaring sales and profits as it hailed rapid growth in its customer base.
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NewsJones Bootmaker’s new owner on putting a spring in its step
It was only a matter of days ago that the future of Jones Bootmaker looked bleak.
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NewsJones Bootmaker to reveal new boss ‘in coming days’
Jones Bootmaker’s new owner Endless has revealed it will name the retailer’s new chief executive “in the coming days.”
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NewsGame’s profits slump after tough trading period
Computer games specialist Game has posted a slump in interim earnings after a difficult trading period.
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NewsMoss Bros: International expansion ‘high’ on agenda
Moss Bros is eyeing moves into more overseas territories after bosses admitted international expansion was “relatively high” on their agenda.
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NewsTesco boss Lewis 'completely committed' to Booker deal
Tesco boss Dave Lewis has insisted the grocer remains “completely committed” to the Booker acquisition despite shareholder opposition.
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OpinionOpinion: Administration should only be a last resort
Retail’s recent insolvency activity, both real and threatened, reignites arguments surrounding the legitimacy of the procedure as a means of cutting loose loss-making stores.

















