All City & finance articles – Page 371
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NewsCarphone Warehouse posts 'strong' full-year performance
Carphone Warehouse has posted a “strong” full-year performance in line with expectations.
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NewsDixons reveals surge in profits as it sees 'glimmers' of a consumer recovery
Dixons, which owns Currys and PC World, has posted a 76% surge in full-year pre-tax profits as it sees “glimmers” of a consumer recovery.
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NewsCarphone Warehouse and Dixons merger unconditionally cleared by European Commission
Carphone Warehouse’s merger with Dixons has been unconditionally cleared by the European Commission.
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OpinionComment: Sports Direct flexes its financial and retail muscles
Last week it was revealed that Mike Ashley’s Sports Direct has bought a 4.8% stake in MySale, an online fashion discounter.
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NewsShoe Zone aims to benefit from 'retail friendly' property market with 'more prime' sites
Shoe Zone boss Anthony Smith said the “retail friendly” property market had helped it maximise profits as it eyes relocations to larger, more prime sites.
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NewsJane Norman collapses into administration for second time in three years
Value fashion chain Jane Norman has collapsed into administration for the second time in three years, putting 157 jobs on the line.
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NewsCarpetright to ramp up small store openings in property strategy shift
Carpetright is to ramp up its small-format store opening programme as it eyes more profitable expansion.
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NewsCarpetright profits tumble as Netherlands drags down performance
Carpetright has reported full-year underlying pre-tax profit tumbled from £9.7m to £4.6m as it was hit by tough trading in the Netherlands.
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NewsShoe Zone profits rocket but sales slide in maiden interim results
Value footwear retailer Shoe Zone has reported pre-tax profit rocketed to £2.7m from £200,000 in its maiden interim results since floating in May.
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NewsBreakfast briefing: Retail news on Tesco, Carphone Warehouse and ecommerce sales
Retail news round-up on June 24, 2014: Former Tesco boss Lord MacLaurin urges shareholders to give Clarke more time; UK retail ecommerce sales to rise 16% this year; Carphone Warehouse links to 3 Ireland.
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OpinionNick Bubb's verdict: Why won't shareholders give Mike Ashley a bonus?
Mike Ashley can’t keep himself out of the news of late and over the next fortnight the impending vote over his prospective Sports Direct bonus is poised to grab him column inches.
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OpinionComment: Lightning strikes twice at Asos as warehouse hit by fire
Lightning never strikes twice, the saying goes. But sadly for Asos, that’s not the case in reality.
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OpinionComment: Much rides on Netto and Sainsbury's tie-up for Mike Coupe
Sainsbury’s blindsided everybody last week when it unveiled a joint venture with Netto to bring the Danish discounter back to the UK just four years after it sold its stores here to Asda.
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AnalysisSainsbury's tie-up with Netto: what the analysts say
Netto is to return to the UK in partnership with Sainsbury’s four years after selling its stores here to Asda. Retail Week looks at what the analysts said.
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AnalysisInternational analysis: Kroger blazes a trail in first quarter
Kroger continues to separate itself from the pack. The US grocer’s 4.6% gain in identical store sales in the first quarter put to shame the 0.1% decline turned in by Walmart US.
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NewsMatalan completes £492m refinancing to fund growth
Matalan has refinanced £492m worth of debt with a banking syndicate in order to fund its growth ambitions.
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NewsSports Direct's major shareholders to vote 'no' to Ashley bonus again
Sports Direct’s major shareholders are set to once again vote against the retailer’s bonus scheme that would benefit founder Mike Ashley.
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NewsBreakfast briefing: Retail news on Amazon, Morrisons, Sports Direct and business rates
Retail news round-up on June 23, 2014: Amazon to use Doddle click-and-collect service, Morrisons slashes prices again, major Sports Direct shareholder to vote no to Mike Ashley bonus scheme.
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OpinionComment: An interest rates rise will affect all retailers
The food sector is battling the harshest trading environment in its history while non-food begins to leverage a long-awaited return of consumer confidence.
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OpinionNick Bubb’s verdict: Debenhams - on a journey North to reduce promotional activity
It is easy to mock retail chief executives who talk about embarking on “a journey” but at least Debenhams’ journey to cut back on promotions has a direction and a target.