All City & finance articles – Page 3
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NewsShopify sales and profits rise as it plans to ‘supercharge’ AI
Ecommerce platform Shopify has seen an increase in revenue and profit for the fourth quarter and full year, as it turns its attention to AI.
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NewsUnder Armour ‘encouraged’ by turnaround progress despite losses
Under Armour saw its losses deepen during its third quarter, which it blamed on higher tariffs, pricing headwinds and turnaround costs.
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InterviewDunelm’s new CEO is settling in at the Home of Homes
Four months into her tenure, the chief executive of Dunelm Clo Moriarty has done more than just get her feet under the desk. She talks to Retail Week about why she’s “extremely confident in the future of the business”
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NewsDunelm hails ‘solid first half trading’ despite dip in profits
Homewares retailer Dunelm enjoyed “solid first half trading” despite profits dipping in what it called a “challenging environment”.
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NewsThe Original Factory Shop collapsed into administration owing suppliers £9m
The Original Factory Shop collapsed into administration owing suppliers millions in unpaid-for stock and other debts, Retail Week can reveal.
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Opinion‘Walmart’s $1trn valuation shows retailers can make most of pace of tech change’
It can be dangerous to get carried away with share prices, but Walmart’s ascent is a testament to successful adaptation, believes George MacDonald
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NewsQuiz collapses into administration with over 100 jobs to be lost
Fashion retailer Quiz has collapsed into administration this afternoon (February 5), putting 565 jobs at risk.
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NewsAmerican Golf snapped up by Dragons’ Den star’s investment group
American Golf has today [February 4] been acquired by the investment group of Jessop’s owner and Dragon’s Den star Peter Jones for an undisclosed fee.
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NewsWatches of Switzerland updates outlook following strong peak trading
Watches of Switzerland has upgraded its full-year guidance after better-than-expected sales during the peak trading period.
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NewsOcado director joins board of B&Q owner Kingfisher
The chief financial officer of online retail and tech group Ocado has been appointed to the board of DIY giant Kingfisher.
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News2025 saw highest number of new female retail leaders on record
As new appointments to retail’s top jobs nearly doubled, UK retail firms picked more women than ever to take leadership positions with many of them first-time CEOs, Retail Week can reveal.
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NewsRituals sees sales rise as it opened over 200 stores in 2025
Luxury cosmetics brand Rituals has seen sales rise in 2025 as it opened over 200 boutiques globally.
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NewsOcado shares dive as Canadian partner closes warehouse
Ocado Solutions has suffered another setback after it announced that Canadian partner Sobeys would be closing one of its automated fulfilment sites.
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NewsNot on the High Street acquired by private equity house
Notonthehighstreet, the online marketplace of small and independent brands, has been sold for an undisclosed sum.
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NewsCard Factory ‘on track’ despite challenging conditions
Greetings cards specialist Card Factory expects to meet revised profit targets despite a fall in store sales over Christmas.
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NewsPets at Home suffers quarterly sales fall
Pets at Home has reported a decline in quarterly sales but said it will still meet full-year profit expectations.
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NewsDebenhams Group posts trading ‘above expectations’
Online fashion and beauty player Debenhams Group expects full-year earnings to beat expectations after trading strongly, and will no longer sell its PrettyLittleThing business.
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NewsBeauty Bay appoints advisers to explore sale
Beauty Bay has reportedly appointed advisers in order to explore a sale.
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NewsPoundland posts earnings rise as turnaround strategy takes hold
Value retailer Poundland has posted an improved performance in its Christmas quarter as it enacted a recovery plan, Retail Week can reveal.
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NewsB&M downgrades profit expectations again despite Christmas momentum
The value retailer said it now expected full-year group adjusted EBITDA for its 2026 financial year to be between £440m and £475m, down from a previous guidance of £470m to £520m.