All City & finance articles – Page 328
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NewsTesco boss Dave Lewis paid £4.1m in first six months in role
Tesco boss Dave Lewis has been paid £4.1m in his first six months at the struggling grocer, the retailer’s annual report has revealed.
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OpinionWill Marc Bolland have a fairytale ending at Marks & Spencer?
After years of disappointing the City, Marks & Spencer boss Marc Bolland was finally able to present a cheerful set of figures yesterday.
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NewsBooker Group to acquire Londis and Budgens in £40m deal
Booker Group has agreed a deal to buy Musgrave Retail Partners’ GB business – which includes convenience retailers Londis and Budgens – for £40m.
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AnalysisHow Marks & Spencer plans to ensure continued profit momentum
After revealing a healthy lift in full-year profits, Retail Week looks at how M&S plans to continue the momentum.
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NewsM&S boss: I’m happy with health of the business, but still more to do
Marks & Spencer’s boss Marc Bolland believes it still has plenty to do as part of its turnaround, but said he is “enjoying” the challenge.
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NewsInterview: Charles Tyrwhitt founder Nick Wheeler on succeeding in menswear
Charles Tyrwhitt founder Nick Wheeler reveals his thoughts on the direction of the menswear retailer, service and men’s shopping habits.
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AnalysisM&S reports first profit rise in four years: What the analysts say
Marks & Spencer has reported its first profit rise in four years after a strong performance from its food business. Here is what the analysts say.
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NewsBurberry full-year profits rise but profit guidance for next year lowered
Burberry has posted a rise in underlying pre-tax profits but has lowered its profit guidance for next year due to foreign exchange movements.
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NewsMarks & Spencer profits grow but fashion remains challenging
Marks & Spencer has reported its first profit rise in four years but posted disappointing results in fashion, blaming the warm autumn.
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NewsBreakfast Briefing: Retail news on Scotland, Walmart and Which?
Retail news round-up on May 20, 2015: Scottish retail sales down, Walmart’s first-quarter profits slump, Which? accuses grocers still misleading shoppers, and more.
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Video
Watch: HMV's long and winding road to recovery in 60 seconds
From administration to reporting a profit and expanding its estate, Short Cuts explores the ups and downs of HMV’s retail journey.
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NewsAustin Reed Group still has legs if it can nail online and multichannel, says analyst
Struggling retailer Austin Reed Group is expected to see some “green shoots” soon as it focuses on a turnaround, according to an analyst.
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InterviewInterview: Laura Ashley's Kaloyirou discusses the retailer's flower power
Retail Week speaks to Laura Ashley joint chief operating officer Nick Kaloyirou about the retailer’s journey and how it plans to continue growth.
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NewsAsda first-quarter like-for-likes tumble 3.9% in tough market
Asda like-for-likes fell 3.9% in the first quarter but the grocer maintained it “remains a balanced, healthy sustainable business”.
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NewsTopps Tiles trade sales overtake consumer business as DIY loses popularity
Topps Tiles now makes more than half of its turnover from trade customers as the British public increasingly turns its back on DIY.
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NewsSainsbury's signs deal with Western Union to fill excess space in-store
Sainsbury’s will allow customers to make global money transfers in-store after signing a deal with financial services business Western Union.
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NewsAustin Reed Group steps up turnaround bid with investment firm loan
Austin Reed Group has secured an unspecified three-year loan from investment firm Alteri as it aims to turnaround the business and boost its multichannel offer.
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AnalysisMarks & Spencer’s full year: Five things to look out for ahead of its results
Marks & Spencer will unveil its full-year results on Wednesday. Here, Retail Week highlights five key areas to look out for:
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NewsThorntons chief exec Jonathan Hart steps down after four years at the helm
Thorntons chief executive Jonathan Hart is stepping down from the embattled chocolatier after four years heading up the business.
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NewsBritain expects first deflation in more than 50 years
Britain is expected to fall into deflation for the first time in more than 50 years because of falling food and fuel prices.