All City & finance articles – Page 261
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NewsGap sales slide for seventh consecutive quarter
California-based fashion retailer Gap said sales fell 1.5% to $3.8bn during its third quarter, with like-for-likes sliding 3%.
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AnalysisInfographic: Mike Coupe on making price predictions and Sir Peter Rogers blasts business rates
The week in words and numbers, November 18 2016: Mike Coupe on predicting price rises, Aldi and Lidl slow, and Sir Peter Rogers blasts business rates.
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NewsAgenda: Kingfisher, Bonmarché and Black Friday
Retail Week looks ahead to the next seven days with updates from Bonmarché, Kingfisher, AO.com and Mothercare preceding Black Friday.
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NewsTesco to sell 'air rights' above stores
The sky is the limit for Tesco as it aims to exploit “air rights” above stores to release value from its property portfolio.
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AnalysisOpinion: Walmart must give Asda's new Clarke a long leash
It’s rather difficult to think of Asda these days without blowing out your cheeks and asking why they thought it would be any different.
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NewsMajestic to up prices as it predicts Black Friday decline
Majestic’s boss has warned of price rises for UK wine drinkers, saying that increases will be the case at all UK retailers.
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NewsAsda like-for-likes tumble 5.8% in third quarter
Asda has posted a ninth consecutive quarter of falling like-for-likes as the Walmart-owned retailer reported a 5.8% slide in comparable sales.
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NewsMajestic Wine swings to half-year loss, but Gormley confident
Majestic Wine has reported a first-half loss of £4.4m, but sales rose and boss Rowan Gormley insists the “plan is working”.
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NewsTed Baker sales stay strong despite "challenging" conditions
Ted Baker has posted a 14.8% jump in third-quarter group sales despite continued “challenging trading conditions”.
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AnalysisWhat Morrisons’ latest deal with Amazon means for food etail
Morrisons, once seen as an online slowcoach, is increasingly making up for its slow start.
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NewsB&M half-year profits climb as new stores drive growth
B&M has recorded an increase in profits during its first half as new store openings across the UK and Germany drove sales growth.
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NewsCard Factory sales jump as it targets store expansion
Card Factory has posted a jump in sales over the first three quarters of its financial year as it presses ahead with an aggressive store opening programme.
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OpinionOpinion: Bonmarché boss Connolly has her work cut out
If only fashion retailers could recoup a pound for every time they used words like “challenging”, “difficult” and “turbulent” in their financial statements.
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NewsWhistles losses spiralled before Foschini takeover
Whistles recorded full-year losses of £2.9m before its recent takeover by South African retail group Foschini, accounts at Companies House have revealed.
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NewsAmerican Apparel files for bankruptcy for a second time
American Apparel has filed for bankruptcy in the US, less than one week after its UK subsidiary appointed administrators.
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OpinionOpinion: A subdued outlook for retail deals
Brexit uncertainty and a tough year mean that the focus for retailers will be on trading rather than IPOs and deals.
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NewsDominic Chappell arrested as part of HMRC investigation
Former BHS owner Dominic Chappell has been arrested over HMRC allegations that he failed to pay taxes on profits made from the collapsed retailer.
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NewsSFO to conclude its probe into Tesco
The Serious Fraud Office (SFO) will decide within weeks whether to pursue a plea arrangement with Tesco and bring further charges against three former Tesco bosses.
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NewsGap's UK losses spiral as like-for-likes fall
Gap’s UK losses increased in its last financial year, as like-for-likes fell across both Gap and Banana Republic.
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VideoThe Retail Week: M&S, Sainsbury’s, Christmas and Asda
The team is joined by analyst Bryan Roberts to discuss M&S’s results, the state of the grocery market and Christmas adverts.