All City & finance articles – Page 293
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NewsSir Philip Green could be asked to pay £280m over BHS pension deficit
Sir Philip Green could be asked to pay £280m into BHS’s pension pot to stop the department store chain’s staff having their pensions cut.
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NewsSports Direct tycoon Ashley ‘disgusted’ by ‘deliberately antagonistic’ MPs
Sports Direct tycoon Mike Ashley has reacted angrily to MPs who threatened him with being in contempt of Parliament.
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VideoThe Retail Week: John Lewis, Waitrose, Morrisons and Sunday trading discussed
The John Lewis Partnership and Morrisons share results, and the Government is defeated over Sunday trading in The Retail Week for March 11.
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NewsAgenda: Sainsbury's, Ocado, Ted Baker results and Argos deadlines
Retail Week looks ahead to next week with full-year figures from French Connection, Ted Baker and bid deadlines for Argos on the agenda.
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NewsMorrisons boss Potts insists there are 'no concerns' over Amazon tie-up
Morrisons boss David Potts insists he has “no concerns” over the nature of the grocer’s relationship with online giant Amazon.
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NewsHome Retail boss Walden: Argos has delivered 'clear value' for bidders
Home Retail boss John Walden said Argos demonstrated “clear value” for bidders Sainsbury’s and Steinhoff following its full-year results.
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AnalysisMorrisons profits fall but trading improves: What the analysts say
Morrisons posted a decline in full-year profits but trading performance improved during its fourth quarter. This is what the analysts said.
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NewsJohn Lewis Partnership reports fall in full-year profits
John Lewis Partnership has reported a 10.9% decline in full-year pre-tax profits to £305.5m, in line with expectations.
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NewsArgos like-for-likes fall but retailer reports improving trend over the year
Argos like-for-likes fell 1.1% in the eight weeks to February 27, hampered by declining sales of electricals.
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NewsMorrisons full-year profits fall but trading improves in fourth quarter
Morrisons full-year profits and sales have declined but the grocer has delivered an improving performance and will continue to invest in its turnaround.
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NewsYoox Net-a-Porter unveils stellar results as EBITDA and revenues rocket
Fashion etailer Yoox Net-a-Porter has increased profits and revenues 31%, following the merger between the two luxury ecommerce rivals.
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AnalysisAnalysis: Hotel Chocolat’s flotation on the AIM in numbers
After revealing its intention to float, Retail Week takes a closer look at the numbers potential Hotel Chocolat investors will be poring over.
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NewsHotel Chocolat float marks retailer's 'coming of age', says boss Thirlwell
Hotel Chocolat co-founder and boss Angus Thirlwell has hailed the retailer’s intention to float as “a coming of age” for the business.
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NewsZara owner Inditex’s profits jump as like-for-likes up 8.5%
Zara owner Inditex has posted a sharp rise in full-year profits and sales as it continued its global store expansion plans.
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NewsHotel Chocolat to float on AIM to 'accelerate' growth plans
Hotel Chocolat intends to float on the London Stock Exchange market for smaller firms, AIM, as it plots more store openings.
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OpinionOpinion: Why the Budget needs to bring action on business rates
George Osborne must deliver a better business rate deal, not just for the survival of bricks-and-mortar retail but for the sake of communities
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OpinionOpinion: Value retailers face intense battle for the pennies never mind pounds
As Kevin O’Byrne prepares to settle into the chief executive’s chair at Poundland, it’s not just personnel that are changing in the value variety store market.
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NewsBHS collapse could cost its creditors £1.3bn, CVA document warns
BHS has told its creditors they could lose up to £1.3bn if they do not agree to proposals to slash the beleaguered retailer’s rents.
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NewsBHS: The 40 stores facing closure unless landlords agree to slash rents
BHS is seeking rent reductions on half of its stores through a creditors voluntary arrangement (CVA) as it bids for a turnaround.
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NewsBeales could shutter stores as it launches CVA to slash rents
Beales is seeking rent reductions on around a third of its stores after claiming some shops have been “hampered by expensive legacy leases.”