All City & finance articles – Page 3
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NewsTesco ups profit outlook, helped by warm weather and price cuts
Britain’s biggest grocer posted a 4.3% like-for-like sales increase in the first half of its financial year, with growth across all of its markets.
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NewsTopps Tiles achieves ‘another year of record turnover’
Topps Tiles has seen another year of record turnover as it continues to make strategic progress to improve performance.
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NewsGreggs sees sales rise despite ‘challenging market’
Food-to-go retailer Greggs has recorded a sales uplift, in what it says is “progress in a challenging market”.
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NewsCard Factory looks ahead to festive season after first half profits slump
Card Factory is anticipating strong trading through the coming peak festive season, after profits slumped in the first half of its financial year.
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NewsAsos improves profits despite drop in sales
Pureplay fashion retailer Asos has said it expects profits to be at the lower end of its guided range, despite sales coming in below expectations, as it enters the “final phase of its transformation.”
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Analysis‘Like a bomb threat’ – Co-op looks forward as it grapples with cyber attack fallout
Bruised, battered, but unbowed, Co-op’s group chief executive Shirine Khoury-Haq and her c-suite fronted up to the damage wrought by the cyber attack, and their plans for the business to come back better
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NewsNimbler H&M sees profits rise in third quarter
Sales in local currencies increased 2% in the three months to August 31, 2025 compared to 2024, despite a store closure programme.
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NewsCo-op swings to a loss as full impact of cyber-attack revealed
C-store specialist Co-op has reported falling sales and a plunge into the red, after reporting the cyber attack impacted profitability, disrupted trading and heaped on additional costs.
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NewsDebenhams warns some suppliers of late payments
Debenhams Group, formerly Boohoo, has warned some of its suppliers that they may experience late payments amid mounting fears that the business is facing a cash crunch.
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NewsJohn Lewis heir chairs newly created Trust
Toy specialist The Entertainer has formed a dedicated trust as ownership is transferred by the founding Grant family to employees, Retail Week can reveal.
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NewsJD Sports posts first-half profit fall as tough US conditions take toll
JD Sports has reported what it described as a “resilient” performance in the first half of its financial year.
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Opinion‘Retailers must continue to make noise about unsustainable cost burdens’
Government-imposed financial pressures are inflicting pain on the heart of the retail industry – its people, believes Charlotte Hardie
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AnalysisKingfisher: the factors powering its success – and warning on business rates’ impact
DIY giant Kingfisher, owner of B&Q and Screwfix in the UK, lifted its full-year profit forecast to the upper end of expectations on the back of strong interims
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NewsKingfisher hails performance of B&Q and Screwfix as it upgrades profits
Kingfisher has singled out its strong UK performance across both B&Q and Screwfix as it upgraded its full-year profit guidance.
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NewsBRC warns government against further tax rises in autumn Budget
The British Retail Consortium has warned the government against any further tax rises on retailers in the coming autumn Budget, saying any such moves risks “losing the battle against inflation”.
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NewsVery Group transformation boss steps down to join mayoral race
Online retailer Very Group’s chief finance and transformation officer is to step down and run as a mayoral candidate.
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Chart of the WeekChart: Next shares its vacancy figures in warning on UK jobs market
Next sounded a warning about the UK economy alongside their results last week, pointing to rising unemployment and rising application numbers
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NewsDebenhams reshuffles non-executive board
Debenhams Group has announced that it has appointed Tom Handley to its board of independent non-executive directors, after Alistair McGeorge stepped down earlier today (Friday, September 19).
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InterviewQ&A: Next CEO Lord Wolfson on navigating an ‘anaemic’ economic outlook
Next shares fell this morning as the retail bellwether cautioned that the UK economy is set for “anaemic” growth in the coming months.
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NewsDeliveroo CEO to step down after DoorDash deal completes
Deliveroo founder and chief executive Will Shu is set to leave the business, once the £2.9bn acquisition of the delivery firm is completed by DoorDash.