All City & finance articles – Page 262
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NewsCarpetright celebrates return to sales growth in UK
Carpetright has reported a return to quarterly sales growth in the UK and said its turnaround strategy is on track.
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NewsH&M profits hit by discounting and higher sourcing costs
H&M said its full-year profits were dented by discounting and higher purchasing costs stemming from the strength of the US dollar.
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NewsTofs empowers local stores as Christmas sales climb
Tofs sales grew this Christmas, driven by seasonal products and a greater focus on local service.
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OpinionOpinion: Making sense of retail’s Christmas updates
What are we to make of the Christmas trading statements? And what are we to make of the latest Office for National Statistics numbers for December?
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NewsConviviality swings to black but retail like-for-likes fall
Conviviality has hailed a return to profit during its first half, despite a fall in like-for-like retail sales.
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NewsAgent Provocateur offers flood in as sales talks progress
Troubled lingerie chain Agent Provocateur has attracted more than a dozen bidders, according to reports.
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NewsPaperchase appoints former Pets boss as new chairman
Paperchase has appointed former Pets at Home chief executive Nick Wood as its chairman.
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OpinionOpinion: Tesco and Booker could spark c-store consolidation
If question marks remained over whether Tesco was truly back on the front foot, a frenetic Friday has laid those doubts firmly to rest.
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NewsToday in Retail: Tesco's new chapter with Booker buy
Tesco served up a surprise today with news that it is buying wholesaler Booker Group in a £3.7bn deal.
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OpinionOpinion: Tesco Lewis' love-in masks flies in the ointment
In a bid to convince this was a ‘merger’ not a takeover, Tesco and Booker’s bosses studiously took it in turns to speak during today’s press conference.
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NewsFrench Connection signals director departure
French Connection has reportedly indicated that two of its non-executive directors are to step down, in a victory for investor pressure.
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NewsTesco boss Lewis reveals Cousins quit over Booker deal
Tesco boss Dave Lewis has admitted that non-executive director Richard Cousins quit the grocer because he disagreed with the Booker deal.
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AnalysisAt a glance: What do we know about Booker Group?
News this morning that Tesco is buying Booker Group in a £3.7bn mega-deal was a bolt from the blue. We take a closer look at the wholesale business.
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AnalysisTesco's swoop for Booker: what the analysts say
Tesco unviled plans to buy wholesaler Booker this morning. We look at how the City and retail watchers reacted.
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VideoThe Retail Week: Tesco, Booker and French Connection
The Retail Week team sit down to discuss the big moves in the industry, including Tesco’s merger with Booker and the trouble at French Connection.
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NewsTesco's Lewis downplays Booker deal competition concerns
Tesco boss Dave Lewis has shrugged off suggestions that competition authorities could hamper its proposed merger with food wholesaler Booker.
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NewsShop Direct owners the Barclays mull share sell-off
Shop Direct owners the Barclay brothers are considering selling off their stake in the business, in a deal that could value the etailer at £2bn.
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NewsTesco to buy wholesaler Booker in £3.7bn deal
Tesco and food wholesaler Booker have unveiled plans to merge in a deal that values the Londis and Budgens owner at £3.7bn.
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AnalysisAgenda: Ocado, Joules, Carpetright, ScS and Conviviality
This week brings another busy week of updates with Ocado, Conviviality, Joules, Carpetright and ScS all reporting.
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NewsHammerson toasts festive sales rise at UK shopping centres
Hammerson posted an increase in sales across its UK shopping centres in December, as athleisure, electricals and department store retailers drove performance.