All City & finance articles – Page 251
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NewsBoohoo profits to come in at top of expectations
Fashion etailer Boohoo expects profits to be at the top of its guided range after strong trading in recent weeks.
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NewsAshley enters the fray as Agent Provocateur sale nears
Mike Ashley’s Sports Direct has emerged as a bidder in the race for struggling upmarket lingerie chain Agent Provocateur.
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NewsMcColl’s full-year profits slide despite rising sales
McColl’s has posted a drop in full-year profits after the acquisition of almost 300 Co-op stores weighed on its bottom line.
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NewsPrimark half-year sales spike amid ‘strong’ expansion
Primark expects to post a jump in total sales and like-for-likes in the UK during its first half following a “very strong” store opening programme.
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NewsThis week in retail: Primark's take on fashion market
Value fashion powerhouse Primark takes to the City catwalk this morning with a pre-close update ahead of next month’s interims.
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AnalysisAgenda: McColl's and Primark update the market
Retail Week looks ahead to the next seven days, with financial updates from McColl’s and Primark owner Associated British Foods both on the agenda.
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GalleryIn pictures: 48 hours on Clapham High Street
As he chronicled the life of a south London high street, photographer Jim Grover was surprised by the frightening change that higher business rates may herald.
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NewsToday in retail: Is it a new Day for department stores?
Edinburgh Woollen Mill Group has snapped up a former BHS site in Wales, which is set to be named after the group’s owner Philip Day.
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NewsHotel Chocolat to launch in-store 'Chocolate Lock-Ins'
Hotel Chocolat is preparing to launch ‘Chocolate Lock-Ins’ at stores across the UK as it ramps up its experiential retail credentials, Retail Week can reveal.
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NewsHotel Chocolat unveils tasty profit and sales jump
Hotel Chocolat delivered a profit and sales jump in its half-year, sweetened by Christmas sales, new stores and an increase in online transactions.
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NewsToday in retail: Asda stems the tide of falling sales
Asda may have recorded its 10th consecutive quarter of declining sales today, but new boss Sean Clarke was cautiously optimistic.
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OpinionOpinion: Why Asda remains a work in progress
Asda has delivered a welcome improvement in its underlying trading performance as outlined through its fourth-quarter trading update, albeit same-store sales are still falling.
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NewsAsda sales drop but rate of decline slows
Asda has suffered its tenth consecutive quarter of falling sales, but bosses hailed “early signs of improvement” as the rate of decline slowed.
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OpinionOpinion: Rates hit high street and young firms hardest
A compromise on business rates looks possible, judging by some of the mood music from Westminster earlier in the week, but this outmoded system needs root and branch reform.
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NewsHammerson to offload property in new development focus
Hammerson is ready to offload more than £400m of property assets this year as it focuses its investment on new developments.
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AnalysisAnalysis: Why has New Look fallen off track?
New Look did not fare well over the crucial Christmas quarter, with like-for-likes and profits both suffering.
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NewsArgos to pay £2.4m to staff paid below minimum wage
Argos is shelling out £2.4m in wages after an HMRC investigation revealed it had underpaid more than 37,000 current and former staff.
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AnalysisAgenda: Asda and Hotel Chocolat update the market
Retail Week looks ahead to the next seven days, with Asda’s latest quarterly update and half year results from Hotel Chocolat both on the agenda.
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NewsHomebase owner makes loss in UK amid Bunnings rebrand
Australian conglomerate Wesfarmers, which bought Homebase last February, said it made a pre-tax loss of £28m in the UK in its maiden half-year.
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NewsToday in retail: Will inflation stunt consumer spending?
Retailers will have watched with interest today as the latest figures showed inflation has hit a two-and-a-half year high.