All City & finance articles – Page 291
-
NewsKingfisher first-quarter sales rise driven by B&Q and Screwfix
B&Q owner Kingfisher has posted a 3.6% uplift in like-for-like sales during its first quarter, driven by its performance in the UK and Poland.
-
NewsFashion retailer Joules to float on AIM at 160p per share
Fashion retailer Joules is set to float on London’s Aim market this week with each share priced at 160p, which values the firm at £140m.
-
AnalysisBHS select committee probes: Who is appearing and when?
The joint select committee probes into the sale of beleaguered department store chain BHS and its collapse get under way today.
-
NewsConviviality edges up profit expectations after ‘transformational’ year
Bargain Booze owner Conviviality has edged up its profit forecast after hailing the impact of a “transformational” year for the group.
-
NewsMatalan tycoon leads race for BHS but liquidators could be called in
Matalan founder John Hargreaves’ consortium has moved to the front of the queue to rescue BHS, but liquidators could still be called in.
-
NewsMoss Bros hails sales growth as online and in-store improvements bear fruit
Moss Bros has hailed “further improvement” in trading performance as retail sales jumped ahead of its annual general meeting today.
-
VideoThe Retail Week: Asda's Q1 struggle, BHS bids and Thorntons closing stores
This week we discuss Asda’s disappointing results, the latest BHS bidders and what’s next for Thorntons after its recent store closure.
-
AnalysisAnalysis: Five things we learnt from Mothercare’s full-year update
Mothercare posted its first statutory pre-tax profit for five years in this morning’s full-year results. Here are five things the update told us:
-
OpinionOpinion: Clarke's on Asda's throne, but Murray holds keys to the kingdom
In the wake of Asda’s seventh consecutive quarter of falling sales, the grocer’s boss, Andy Clarke, hit the proverbial nail on the head.
-
NewsAsda posts 5.7% slump in first quarter sales amid 'fierce competition'
Asda has posted a 5.7% slump in first quarter like-for-like sales as the grocer continued to struggle amid “fierce competition”.
-
NewsHMV owner Hilco and Poundstretcher join battle to save BHS
HMV owner Hilco Capital and Poundstretcher have joined the race to rescue beleaguered department store chain BHS after lodging firm bids.
-
NewsMothercare full-year profits up 51% as UK turnaround continues
Mothercare has unveiled a 51% surge in underlying group pre-tax profits to £19.6m but said the international business “remains challenging”.
-
NewsBudgens and Londis parent Booker unveils full-year profit lift
Food wholesaler and retailer Booker has reported an 11% rise in full-year profits but warns of “increasing price competition” in the UK.
-
AnalysisInfographic: M&S management restructure, plus key facts and figures
The week in words and numbers, May 20, 2016: Marks & Spencer’s Steve Rowe sets out his stall and Gear4music’s full-year results
-
CartoonBlower’s retail cartoon: M&S unveils part of its autumn collection early
Retail Week cartoonist Patrick Blower’s take on Marks & Spencer’s decision to release autumn lines in early to outsmart the British weather.
-
NewsBurberry plans £100m cost savings as full-year profits and sales fall
Burberry has outlined plans to make “at least” £100m of cost savings over the next three years as it reported a slip in full-year profits and sales.
-
NewsThorntons to shutter Oxford Street store with further closures 'likely'
Thorntons is poised to close its store on Oxford Street as new owner Ferrero continues a review of the business, Retail Week has learned.
-
NewsInflation falls to 0.3% in April as fashion retailers slash prices
The UK’s inflation rate fell for the first time since September as retailers cut prices to revive sales hit by last month’s cold weather.
-
NewsSWOT analysis: As Mountain Warehouse eyes a float, what does the future hold?
Outdoor and leisure retailer Mountain Warehouse has boosted plans for a £200m flotation this year with soaring full-year profits and sales.
-
NewsPensions Regulator said to have blocked Green's plans for BHS restructure
The Pensions Regulator is understood to have blocked plans two years ago by Sir Philip Green to restructure BHS and inject funds into the pension scheme.