All City & finance articles – Page 275
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NewsAgenda: WHSmith, N Brown and Ted Baker post financial results
Retail Week looks ahead to the next seven days in the industry with updates from WHSmith, N Brown and Ted Baker on the agenda.
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VideoThe Retail Week: Tesco on the front foot, mixed homewares and fashion ahead
This week the team discuss the rebounding fortunes of Tesco, mixed results in furniture and homeware and look ahead to results next week.
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NewsDFS full-year profits and sales rise as growth strategy bears fruit
Sofa specialist DFS has hailed a jump in annual sales and profits as its “tried and tested” growth strategy continues to pay off.
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NewsTopps Tiles boss Williams: Brexit will not dent store expansion plans
Topps Tiles boss Matthew Williams has insisted the retailer will pursue its aggressive expansion plan despite Brexit’s impact on consumer confidence.
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OpinionOpinion: Tesco's growing capability and confidence is promising
Tesco boss Dave Lewis should be congratulated on progress, but his job isn’t even half done yet, says Shore Capital analyst Clive Black.
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CartoonBlower’s retail cartoon: London retailers hit by business rates revaluation
Cartoonist Patrick Blower’s take on the revaluation of business rates causing significant increases in costs for retailers in the capital.
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NewsTesco’s Lewis confident of margin recovery in 'next phase' of turnaround
Tesco boss Dave Lewis is confident the grocer can rebuild margins as it moves into “the next phase” of its turnaround plan.
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NewsTopps Tiles reveals fourth-quarter blip in otherwise strong year
Topps Tiles has posted increased like-for-likes at its pre-close update, but revealed that its like-for-like growth slowed during the fourth quarter.
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NewsTesco profits fall but sales up as turnaround plans bear fruit
Tesco’s half-year sales have risen but pre-tax profits fell, while chief executive Dave Lewis unveiled plans to rebuild margins to 4%.
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NewsForecourt retail giants merge and name ex-Asda boss DeNunzio chairman
Forecourts operator Euro Garages is to merge with continental counterpart EFR and has drafted in former Asda boss Tony DeNunzio as chairman.
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NewsScS back in the black as profits spurred by strong sales
ScS has reported a return to profit as the retailer eyes further bricks-and-mortar expansion and sales at its House of Fraser concessions increase.
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NewsLiam Gallagher’s Pretty Green reports soaring profits and sales
Menswear retailer Pretty Green’s full-year sales and profits rocketed in the year to September 30, 2015 and trading in 2016 has also been positive.
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NewsWoolworths mulls selling petrol station chain as it refocuses on grocery
Australian grocer Woolworths is considering selling its petrol station forecourt business in a move that could net it A$1.5bn (£890m).
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NewsCath Kidston sold to private equity group Baring Asia as chairman steps down
Lifestyle retailer Cath Kidston has been sold to private equity firm Baring Asia, and Asian expansion is at the top of the agenda.
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OpinionOpinion: impact of the national living wage six months on
The introduction of the national living wage in April does not appear to have stifled the retail sector – at least not yet.
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NewsWiggle sales rise but profits punctured by currency headwinds
Sports etailer Wiggle has reported rising sales in its last full-year but profits were hit as it was affected by currency movements.
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NewsLakeland cooks up sales growth but pre-tax profits slump
Lakeland has posted a 40% decline in full-year pre-tax profits as the cost of expanding its warehouse in Cumbria offset growing sales.
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NewsJack Wills sold to Liberty owner BlueGem as full-year profits tumble
Jack Wills founder Peter Williams has joined forces with Liberty department store owner BlueGem to acquire the fashion chain.
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NewsTesco faces £150m claim from shareholders after accounting scandal
Tesco is facing legal action from a group of 60 shareholders who claim to have lost £150m following the grocer’s accounting scandal.
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OpinionOpinion: Tesco has momentum but faces a pension-shaped reality check
If there was a chance of Tesco investors or its executive team getting carried away with recent momentum, this week could provide a reality check.