All City & finance articles – Page 318
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NewsDebenhams boss Michael Sharp to step down as full-year profits rise 7.3%
Debenhams boss Michael Sharp will step down from his role at the department store chain in 2016 after five years as chief executive.
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NewsHome Retail boss John Walden defends bet on Argos same-day delivery
Home Retail CEO John Walden has defended the investment in Argos’s same-day delivery by claiming it is vital for the business’s “long-term health”.
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NewsHome Retail warns on profits as it braces for Black Friday 'uncertainty'
Home Retail has warned full-year profits will be below market expectations as it braces for trading uncertainty caused by Black Friday.
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NewsHome Bargains owner TJ Morris reveals jump in full-year sales
TJ Morris, owner of Home Bargains, has revealed a healthy jump in full-year profits and sales after it opened stores and relocated existing shops.
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NewsAsos Rewards loyalty and engagement programme to be rolled out
Fashion etailer Asos is to roll out a loyalty scheme after an enthusiastic reaction from shoppers to a trial.
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AnalysisAsos looks well placed for growth as Nick Beighton takes the helm
In contrast to some new chief executives, Asos’s Nick Beighton won’t be indulging in any kitchen-sinking.
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NewsAsos pre-tax profits edge up 1% as etailer invests in warehousing and tech
Asos’ full-year pre-tax profits edged up 1% to £47.5m as the etailer invested in customer proposition, warehousing and staff.
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NewsOffice sees full-year pre-tax profits double as sales up 5.5%
High street footwear chain Office has reported a doubling of full-year pre-tax profits as sales rose by 5.5%.
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NewsReiss ups focus on global expansion as full-year profits double
Reiss has ramped up its focus on global expansion after full-year group profits doubled, although losses from its international division widened.
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AnalysisHow a British FD became chairman of French luxury brand ST Dupont
Sharon Flood has a diverse portfolio career that spans Network Rail, the Science Museum and French luxury brand ST Dupont, where she is driving UK expansion.
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NewsHamleys sale to overseas buyer likely to be completed within weeks
The sale of famous toy retailer Hamleys to a Chinese buyer is thought likely to be completed within weeks after months of speculation.
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AnalysisNext week in retail: Updates from Asos, Home Retail and Mothercare
Retail Week looks ahead to next week, with full-year results from Asos, interim figures from Home Retail and a second quarter update from Mothercare.
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AnalysisWHSmith boss downplays living wage impact as 'business as usual'
The introduction of the national living wage in April will have minimal impact on WHSmith, according to boss Stephen Clarke.
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AnalysisBurberry's half-year results disappoint: What the analysts say
Burberry fell well short of forecasted sales growth in its half-year results, here’s what the analysts had to say about the results.
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AnalysisGame invests 'heavily' in Multiplay and prepares for virtual reality gaming
Game is to invest “heavily” in its Multiplay business and is preparing to exploit the virtual reality gaming market as it adapts for the digital age.
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AnalysisBooker half-year profits rise as it bids to bolster retail business
Food wholesaler and retailer Booker has reported a 10% rise in half-year pre-tax profits amid plans to further bolster its retail business.
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AnalysisGame profits slip as rising operating costs hit performance
Game full-year adjusted pre-tax profit dropped 4.5% to £38m as operating costs hit the specialist’s performance.
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AnalysisWHSmith reveals rising profits and estimates £2m to £3m living wage impact
WHSmith has reported rising profits but flat like-for-likes in its full year as it estimates the living wage will cost it £2m to £3m a year.
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AnalysisTesco sells 14 Spenhill development sites in deal worth £250m
Tesco has agreed to sell 14 Spenhill development sites for £250m as it seeks to strengthen its balance sheet.
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AnalysisWalmart expects profits to fall as it reinvests in staff and ecommerce
Walmart has said profits will drop between 6% and 12% in its next financial year as it ploughs cash into reviving its slowing sales growth.