All City & finance articles – Page 364
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AnalysisComment: Retailers should focus on their strategy and forget competition
Retailers must remember that while competitive pricing is important, remaining focused on their core offering and target market is essential.
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NewsWHSmith to hit year-end expectations as it delivers 'good performance'
WHSmith expects to hit year-end market forecasts as its travel and high street businesses deliver “good performances”.
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OpinionComment: Retailers’ thoughts turn to the crucial Christmas period
Thoughts of the crucial Christmas trading period begin to loom large for the sector, amid warnings of another unspectacular festive period.
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NewsHobbs' unpopular product changes lead to spiralling losses
The unpopular changes Hobbs made to last autumn’s collection led to losses spiralling in its full year, but it feels confident its product “refocus” will improve performance.
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NewsHeavy fashion discounting slows July consumer price growth
Consumer price inflation slowed at a sharper-than-expected rate to 1.6% in July driven by a significant drop in clothing prices.
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NewsBreakfast briefing: Retail news on footfall, Morrisons and business rates
Retail news round-up on August 18, 2014: Footfall drops 0.6% in July, Morrisons extends opening hours across half its estate, Business rates appeals to cost £4.2bn.
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NewsInfographic: John Lewis sales jump 6.1% in face of hurricane Bertha
John Lewis sales increased 6.1% to £69m for the week to August 9 as consumers battled hurricane Bertha to go shopping or turned to online.
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NewsToys R Us records fourth consecutive fall in UK profits
Toys R Us has recorded a fourth consecutive profit drop in the UK as pre-tax profits for the year ending February 1, 2014 fell 24% to £4.55m.
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NewsBreakfast briefing: Retail news on Toys R Us, Asda and John Lewis
Retail news round-up on August 15, 2014:Toys R Us profits fall for fourth consecutive year, Asda boss Andy Clarke predicts Christmas growth and John Lewis Partnership beats Bertha and capitalises on Bake Off return.
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AnalysisAnalysis: Dixons Carphone plugs in to the connected consumer
Electricals group Dixons and mobile specialist Carphone Warehouse have officially flicked the switch on their retail merger.
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NewsGame confident on profit forecasts as full-year sales surge 30%
Game’s sales jumped 30% in the 52 weeks to July 26 and the retailer expects to hit profit forecasts.
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OpinionComment: Tesco margin reset must be on the cards as food sales fall
Grocers still have a long hard road to travel before there’s peace in their troubled aisles, the BRC July sales figures showed.
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NewsNew Look quarterly profits surge as full-price sales increase
New Look reported a surge in profits in its first quarter as the retailer increased the amount of full-price sales it made on last year.
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NewsShort-sellers target Sainsbury's as Tesco margin reset expected
Short-sellers are targeting grocer Sainsbury’s amid fears that Dave Lewis, the new boss of rival Tesco, will reset margins when he arrives.
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NewsDixons Carphone unveils combined stores on day one of merger
Dixons and Carphone Warehouse made their merger retail reality overnight by opening Carphone shop-in-shops in Currys and PC World stores on the first formal day of the tie-up.
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NewsCard Factory like-for-likes jump 2.6% in half year
Card Factory like-for-likes jumped 2.6% in its half year and it has set new store openings and market share growth in its sights.
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NewsFat Face chief financial officer departs following aborted IPO
Fashion retailer Fat Face’s chief financial officer Helen Cowing has left the business following its aborted IPO.
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OpinionComment: P&G’s brand cull holds lessons for the big grocers
The appointment of Dave Lewis as chief executive of Tesco prompted discussion about what the established grocers might learn from FMCG businesses as they square up against the discounters.
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NewsNick Bubb’s verdict: Waitrose - wake up and smell the coffee?
The mighty Waitrose PR machine suffered a couple of jolts last week with some unhelpful headlines, but is anything really amiss?
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NewsFormer Halfords boss reportedly in running for Morrisons top job
Former Halfords boss Ian McLeod is said to be on a list of people incoming Morrisons chairman Andy Higginson is considering as a replacement for chief executive Dalton Philips.