All City & finance articles – Page 252
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OpinionOpinion: Waitrose’s tough decisions are in its interests
Who’d have thought that just a year into his tenure, Waitrose managing director Rob Collins would be closing stores?
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DataData: Top 50 retailers by sales during 2015/16 financial year
Retail Week’s ranking of the UK’s top 50 retailers by sales for the 2015/16 financial year sees The Range, Inditex and Asos enter the table for the first time.
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NewsToday in retail: Tesco plagued by pricing pitfalls
Tesco has dominated the retail headlines today after claims that promotional offers at the shelf edge were not being applied at the tills.
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NewsCo-op Bank up for sale as finances falter
The Co-op Bank is putting itself up for sale, inviting offers to buy all shares.
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NewsAgent Provocateur deal nears as Lion emerges as bidder
Agent Provocateur’s owners are reportedly close to securing a deal, with the circle of buyers narrowing to around three.
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NewsJaeger on the hunt for investors as turnaround continues
Jaeger is reportedly looking for investors, engaging Alix Partners to examine interest from potential partners or to find a buyer.
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NewsAdvent sells off remaining DFS shares as margin hit
Private-equity company Advent has sold remaining shares in DFS, which represent a 12.1% stake in the company.
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NewsAgenda: Homebase Bunnings reveal latest sales figures
Retail Week looks ahead to the next seven days with financial updates from Homebase Bunnings owner Wesfarmers on the agenda.
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NewsToday in retail: Dunelm dips as market bites
Dunelm revealed slumping profits today as a challenging market, disrupted supply chain and an acquisition-laden half took its toll.
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NewsDunelm half-year profits slip amid ‘weaker market’
Dunelm has suffered a slump in profit during the first half of its financial year as a “weaker market” and “supply chain disruption” hampered performance.
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NewsYoox Net-a-Porter sales jump as customer numbers grow
Yoox Net-a-Porter has posted a spike in full-year sales as the group hailed increases in order numbers and active customers.
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AnalysisAnalysis: Who could be on Asda's shopping list?
The past year has witnessed a monumental shift in strategy from the UK’s leading grocers as supermarket chains seek to open up new revenue streams.
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NewsCo-op boss Richard Pennycook to step down
The Co-op’s group chief executive Richard Pennycook is stepping down from the mutual, to be succeeded by food boss Steve Murrells.
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NewsToday in retail: Aldi topples the Co-op to hit high five
Aldi greeted this morning’s news that it has toppled the Co-op to become the fifth largest grocer in the UK with little fanfare.
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NewsBooker bids to convince retailers over Tesco deal
Booker bosses will kick-start a tour of the UK tomorrow as they bid to convince independent retailers of its shock £3.7bn merger with Tesco.
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NewsNew Look sales and profits plunge in third quarter
New Look suffered plunging sales and profits during the crucial Christmas quarter as it lamented the “extremely challenging” trading environment.
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NewsBoohoo.com on track to complete Nasty Gal acquisition
Booohoo.com is set to complete its acquisition of Nasty Gal as no other qualifying bids for the retailer have been received.
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OpinionOpinion: Mike Ashley can never be second-guessed
As Sport Direct’s founder Mike Ashley freely admits, he can’t be “house trained”.
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AnalysisAgenda: Dunelm, DFS and grocery market share updates
Retail Week looks ahead to the next seven days, with half year results from Dunelm, a pre-close update from DFS and the latest grocery market share data on the agenda.
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NewsMajority of retail chiefs primed for growth in 2017
The majority of retailers expect their businesses to grow in 2017, despite the headwinds brought by Brexit and general political uncertainty.