All City & finance articles – Page 281
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NewsAlibaba first-quarter sales surge as mobile users drive growth
Alibaba reported its highest quarterly sales growth since its flotation in 2014 as mobile purchases outstripped desktop shoppers.
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NewsAgenda: Asda and Kingfisher to post second quarter results
Retail Week looks ahead to the next seven days with second quarter results from both Asda and Kingfisher on the agenda.
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NewsPoundland accepts increased takeover offer from Steinhoff
Value retailer Poundland has agreed to a higher takeover offer of £610.4m from South African retail suitor Steinhoff.
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NewsDFS unveils sales uplift and insists Brexit 'has not weakened demand'
DFS has posted a 7% increase in full-year sales and said it is “well positioned to mitigate economic headwinds” following the EU referendum.
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NewsZalando sales and profits soar in fruitful second quarter
Zalando has posted 25% sales growth and increased its full-year profit guidance as it continues to invest in the customer experience.
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OpinionOpinion: B&Q looks in good shape to fight Brexit and Bunnings threat
The DIY market is about to get a makeover and a rather exciting one at that, as Bunnings prepares to tackle the UK with its revamped Homebase stores.
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NewsStore Twenty One staff accuse retailer of failing to pay wages
Store Twenty One staff have laid bare a retailer allegedly unable to pay employees, who say they are trapped and angry due to their precarious employment.
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AnalysisBrexit: The expert verdict from the KPMG Ipsos Retail Think Tank
Retailers and consumers across the UK continue to face uncertainty as they weigh up the impacts of Brexit. Seven experts give their view.
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AnalysisInfographic: How Mattress Firm and Poundland fit into Steinhoff's jigsaw
Steinhoff has agreed to buy America’s biggest bedding retailer Mattress Firm and is on the verge of bringing value operator Poundland under its umbrella.
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NewsBoohoo full-year guidance inches up following 'robust' demand
Fast fashion etailer Boohoo has increased its sales figures guidance for its full year after “robust” demand in the first six months.
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OpinionOpinion: July sales figures give space to prepare for turbulence
There was welcome news today in the latest BRC and KPMG sales data. Total retail sales growth in July was the best since January, and like-for-likes also advanced.
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NewsNew Look profits tumble as like-for-likes slide in first quarter
New Look said profits and like-for-likes fell in the run-up to the EU referendum “with unfavourable market conditions impacting high street footfall”.
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NewsScS like-for-like orders jump as strong growth continues post-Brexit vote
ScS has reported increased full-year like-for-like sales as the retailer’s profit expectations remained unchanged despite the Brexit result.
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NewsEvans Cycles profits plunge as 'softer' market punctures performance
Evans Cycles has suffered a 69.4% slump in pre-tax profits after a “softer” cycling market affected its full-year performance.
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NewsWalmart will acquire Jet.com for $3bn as it targets 'faster' online growth
Walmart has agreed to acquire online retailer Jet.com for around $3bn (£2.25bn) as the US titan seeks to bolster its ecommerce proposition.
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NewsSir Philip Green and sale of BHS discussed by Serious Fraud Office
The Serious Fraud Office (SFO) has met with Frank Field MP to discuss the sale of BHS and the conduct of Sir Philip Green.
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NewsYoox Net-a-Porter dodges luxury slowdown as first-half profits climb
Yoox Net-a-Porter reported a surge in its half-year profits and sales as rising customer numbers offset a decline in average order value.
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NewsAgenda: DFS posts full-year results and July's retail sales figures
Retail Week looks ahead to the next seven days with a full-year update from DFS and the latest retail sales figures from July on the agenda.
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AnalysisAnalysis: What does the interest rate cut mean for retailers?
The Bank of England has cut interest rates to a record low of 0.25% – the first time in seven years that it has resorted to a reduction.
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VideoSweet Dreams: Boss Mike Logue on company culture and communication
Dreams boss Mike Logue saved the company after it fell into administration in 2013. Here he identifies how knowing your colleagues is critical.