All City & finance articles – Page 248
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NewsKingfisher sales fall but UK business delivers growth
B&Q owner Kingfisher has suffered a fall in first-quarter like-for-likes, although its UK businesses outperformed its other markets.
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NewsDixons Carphone sales rise as bosses hail ‘good year’
Dixons Carphone has posted a jump in fourth-quarter sales as boss Seb James lauded “another good year” for the business.
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NewsM&S full-year profits tumble as clothing sales fall
Marks & Spencer has suffered a slump in full-year profits as boss Steve Rowe wrestles to transform the retailer’s fortunes.
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NewsJaeger suppliers mull legal action over trademark sale
A group of former Jaeger suppliers has attacked the collapsed chain for selling its trademark prior to its administration.
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NewsBreakfast briefing: BHS, Joy and more
Retail news round-up: Lord Grabiner QC to quit Green's empire; Joy's creditors to collect minimal returns; and retail sales decline in May.
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NewsJohn Lewis fashion sales boosted by warmer weather
John Lewis posted a rise in revenues last week as the promise of warmer weather drove sales of casual clothing.
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NewsJacques Vert owner seeks investment as admin looms
Jacques Vert’s owner Style Group Brands is urgently seeking investment to avoid the risk of administration, with over 1,100 jobs at risk.
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OpinionOpinion: McColl’s is not pursuing a One Stop strategy
McColl’s may not regularly wrestle the headlines from its grocery rivals, but that’s exactly what the retailer achieved today.
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AnalysisAnalysis: What the parties promise for retail
The general election will define the nation for decades to come, AO founder John Roberts believes – and few would disagree.
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NewsClarks profits down-at-heel as sterling slump bites
Clarks warned that the slumped value of the pound will have a “profound effect” on cashflow and profit in the year ahead as the retailer reports a drop in earnings in 2016.
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NewsJoy rescued by owners in pre-pack administration deal
Joy has been bought out of administration by its owner Louche London in a pre-pack deal, saving 230 jobs.
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News
Tesco faces further legal fight over accounting scandal
Tesco may face another legal challenge arising from the accounting scandal that hit the retailer.
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NewsMoss Bros beats tough fashion market as sales rise
Moss Bros, the menswear specialist, has posted a rise in sales and is confident of meeting City earnings expectations despite uncertain retail conditions.
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NewsSports Direct increases stakes in US businesses
Sports Direct has upped its investments in Umbro-owner Iconix Brand Group and retailer Finish Line.
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AnalysisAgenda: B&M, Dixons, Halfords, Kingfisher and M&S update
Retail Week looks ahead to the next seven days, including updates from B&M, Dixons, Halfords, Kingfisher and M&S.
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NewsBooker's Wilson: Our retailers support Tesco merger
Booker boss Charles Wilson has insisted Premier, Londis and Budgens retailers are supportive of the group’s proposed merger with Tesco.
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AnalysisIn numbers: Why Tesco is counting on Booker
As Tesco presses ahead with the £3.7bn acquisition of Booker, the food wholesaler’s full-year results this morning revealed what the grocer is paying for.
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NewsAsda suffers further sales decline but hails 'momentum'
Asda has suffered its 11th consecutive quarter of falling sales but bosses hailed continued “improvement” in performance.
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NewsMothercare boss: 'This is a watershed moment for us'
Mothercare boss Mark Newton-Jones has hailed the past year a “watershed moment” for the nursery specialist.
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NewsBurberry profits slip amid 'year of transition'
Burberry’s pre-tax profits slipped after what the luxury fashion business dubbed “a year of transition”.