All City & finance articles – Page 330
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NewsSuperGroup on track to deliver profit of between £60m and £65m for the year
Fashion retailer SuperGroup has said it is on track to meet its profit guidance of between £60m and £65m for its latest financial year.
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NewsLive blog: Reaction to Sainsbury's full-year results – a £72m statutory loss
Follow our live blog for the latest updates and reaction to the news that Sainsbury’s has slumped to a £72m statutory loss, its first for a decade.
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NewsSainsbury's finance boss says 3% grocery margins will be the new norm
Sainsbury’s chief financial officer John Rogers believes margins in the grocery sector will “stabilise” at around 3% in the next few years.
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NewsBoohoo full-year pre-tax profits up despite discounting at rivals
Fashion etailer Boohoo has reported that its pre-tax profits rose 3% at actual exchange rates to £11.1m in the year to February 28.
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NewsSainsbury's hit by £72m loss but Coupe hails 'encouraging signs' of growth
Sainsbury’s has slumped to a £72m statutory loss, its first for a decade, as the supermarket giant’s sales dropped amid a relentless price war.
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InterviewQ&A: Touker Suleyman on joining Dragons’ Den and rebranding Ghost
Fashion guru Touker Suleyman lifts the lid on joining Dragons’ Den and turning around his brands Ghost and Hawes & Curtis.
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NewsSafeway prepares for flotation three months after being taken private
US grocer Safeway is preparing for a stock market flotation later in the year, only three months after it was taken private.
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AnalysisSainsbury's full year: Five things to look for in the grocer's results
Supermarket giant Sainsbury’s will unveil its full-year results tomorrow. Retail Week highlights five key areas to look out for.
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OpinionChinese interest in New Look may signal more retail deals in the East
Potential Chinese interest in acquiring fashion retailer New Look symbolises the growing economic power of China.
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NewsRetailers need to wean UK shoppers off their diet of discounts, says report
Retailers need to shift customers off discounts to improve margin and trust, according to a white paper produced by KPMG and Ipsos
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NewsLeahy investment firm in talks with Chinese backers to buy New Look
The investment firm that employs former Tesco boss Sir Terry Leahy is in talks with Chinese backers to make a bid for New Look
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NewsRoyal baby to boost profits for London's West End retailers
The birth of the Princess is likely to boost West End retailers’ profits as tourists visit the capital
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NewsRetailers upbeat in face of uncertainty over general election results
Retailers are bullish in the face of potential consumer uncertainty generated by next week’s too-close-to-call general election.
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NewsLow level of customer debt reflects turn in economy, says N Brown boss Angela Spindler
N Brown’s lowest level of customers in arrears is a sign of a turn in the economy, said N Brown chief executive Angela Spindler.
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NewsHome Retail profits jump 14% as Homebase outpaces Argos: What the analysts say
Homebase has outpaced Argos in terms of sales growth to drive parent company Home Retail’s group profits up 14%. This is what the analysts said.
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NewsThorntons sales drop despite 'positive' Easter and Valentine's Day trading
Thorntons retail sales dropped 5.4% during the third quarter, despite “positive” trading in the build-up to Valentine’s Day and Easter weekend.
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NewsN Brown full-year profits hit by investment and weak autumn trading
N Brown’s full-year profits have taken a hit after it invested in its change programme and was impacted by weak autumn trading.
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NewsHomebase outpaces Argos' sales growth as Home Retail profits jump 14%
Homebase has outpaced Argos’ sales growth as parent company Home Retail recorded a jump in annual pre-tax profits after a focus on cutting costs and growing gross margins.
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NewsNext sales up 4.1% in first quarter buoyed by warm spring weather
Next reported total sales were up 4.1% in the first 13 weeks of the year, driven by a longer Sale period.
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AnalysisAnalysis: The top 10 fastest-growing retailers in the UK, 2015
Our list of the fastest-growing retailers in the UK highlights businesses that have excelled at increasing profits in the past year.