All City & finance articles – Page 363
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NewsMajestic Wine sees sales rise but profits fall during first half
Majestic Wine Warehouse has reported a rise in sales but a fall in profits as it invested in infrastructure, technology and consumer insights.
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NewsMountain Warehouse reports 65% surge in first-half profits
Outdoor goods specialist Mountain Warehouse has revealed record first-half results and is expanding in the UK and overseas.
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NewsEntertainment group Game outperforms market as sales rise 17%
Game’s sales in its first quarter surged by 17% year on year as it grew faster than the games market generally.
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NewsTed Baker beats unseasonable weather to post steep sales rise
Fashion retailer Ted Baker has posted a 15.7% increase in group sales as it continued expanding the business internationally.
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OpinionBryan Roberts: Sainsbury's new strategic plan is a tipping point for UK grocery
A very overused cliché, but today might come to be seen as a tipping point in the evolution of the UK grocery sector.
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NewsWHSmith reports flat sales as travel division like-for-likes edge up
WHSmith has recorded an increase in sales at its travel division as it posts flat total group sales for the start of its financial year.
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AnalysisSainsbury's strategic review: What the analysts say
Sainsbury’s has made public the findings of new boss Mike Coupe’s strategic review and the City is digesting the implications.
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NewsBargain Booze to launch in Scotland as group like-for-likes slip
Bargain Booze owner Conviviality Retail has unveiled plans to expand into Scotland.
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NewsVideo: Sainsbury’s boss says death of superstore ‘grossly exaggerated’
Sainsbury’s boss Mike Coupe says the “death of the superstore is grossly exaggerated” despite stating a quarter of its stores have too much space.
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NewsCard Factory reports sales up almost 9% and appoints property director
Card Factory has reported a sales rise of 8.7% over a nine-month period and has named Tim Lloyd property director.
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NewsSainsbury's reports interim profits down 6% as it unveils fightback plan
Sainsbury’s has reported falling first half profits and unveiled plans to invest in price and quality to fight back in the new era of grocery retailing.
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NewsThe Range pre-tax profits jump 30% as it rolls out new stores
The Range increased annual pre-tax profits by 30% year on year on the back of opening new stores while maintaining fixed cost levels.
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OpinionComment: B&M’s maiden results will show its ‘treasure hunt’ appeal
B&M Bargains, the value variety store group that pitches itself as a treasure hunt experience for shoppers, posts maiden interims next week.
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NewsNew Look half-year sales and profits up but remains cautious for outlook
New Look has reported sales and profits up for its half year but remains cautious for the full year owing to the warm autumn weather.
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AnalysisAnalysis: Has Marks & Spencer at last turned the corner?
Last week’s interims gave grounds for optimism that M&S is getting back on course, but the retailer is not quite there yet.
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AnalysisInternational news analysis: Alibaba is living up to the hype
Alibaba’s first trading statement since its IPO has created a stir, with the quarter to the end of September surpassing expectation.
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NewsSainsbury’s to scale back store openings and cut dividend
Sainsbury’s is to scale back its store-opening programme and cut its dividend as it aims to combat falling sales.
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NewsBreakfast briefing: Retail news on Sainsbury's and Tesco
Retail news round-up on November 10, 2014: Sainsbury’s to scrap store openings programme,Warren Buffett loses $678m on Tesco investment, Tesco surrenders top spot in entertainment sales to Amazon
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NewsHalfords sees scope for 100 bike shops in towns across UK
Halfords boss Matt Davies said he can see scope to open 100 new small-format Cycle Republic shops in major towns and cities.
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NewsMike Ashley's Sports Direct places new bet on Debenhams
Mike Ashley’s Sports Direct has disposed of its 4.6% stake in Debenhams but has entered into a put option for a further 6.1% share.