All City & finance articles – Page 260
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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.
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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.