All City & finance articles – Page 4
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NewsNext posts big sales and profits rise, but sounds warning on UK job market
The fashion retailer reported group sales up by 10.3% and profit before tax up by 13.8% in the six months to July 2025 from 2024.
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NewsConsumer confidence drops to lowest level since spring as food inflation rises
Consumer confidence in the economy has hit its lowest level since spring as reports of growing food prices and UK economic struggles take hold.
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OpinionWhat the 2026 business rates revaluation means for major chains
Forthcoming changes represent a structural shift for big retailers, and they need to be prepared, observes Ryan’s tax services specialist Alex Probyn
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NewsMorrisons marks eleventh consecutive quarter of growth
Morrisons has reported an uptick in group like-for-like sales and an eleventh straight quarter of growth, despite the “challenging” consumer environment.
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NewsMoonpig credits AI and product personalisation for ‘strong start to the year’
Online greetings card retailer Moonpig has credited its growing suite of AI services and product personalisation for its “strong” start to the financial year.
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NewsQuiz records double digit sales growth after restructuring
Scottish fashion brand Quiz has reported double digit sales growth in July and August, after completing what it called a “wide-reaching operational streamlining strategy” of the business.
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NewsBoden returns to profit as sales surge
Boden has returned to profit and increased its revenues following a “resoundingly positive” response to its refreshed product ranges.
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NewsFood inflation inches down but customers still cling to value
Food inflation dipped in August, but value remains at the forefront of customers’ minds as the UK headed back to school.
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NewsBodycare to shut more branches following administration
Beauty specialist Bodycare, which collapsed into administration earlier this month, is closing more shops.
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AnalysisExplainer: Implications of Sainsbury’s surprise on-off Argos sale talks
In the space of a weekend, it was revealed that Sainsbury’s was considering selling its Argos general merchandise division to Chinese colossus JD.com, and then that talks were over. Retail Week examines the implications
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NewsAldi sales rise but profits drop as it rolls out record UK expansion plan
Value supermarket Aldi has reported an increase in sales alongside a fall in profits, as it announced a record £1.6bn expansion plan in the UK.
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NewsAO ups profit guidance as it expects to deliver double-digit sales growth
Electricals retailer AO has increased its profit guidance and it said it was on track to deliver a strong profit performance and double-digit sales growth.
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FeatureTrimming fat or cutting muscle? How retailers can preserve their brand story in an era of cost-cutting
In the early 1990s, as sky-high interest rates, falling house prices, and an overvalued exchange rate sent the economy into a tailspin, McDonald’s famously slashed its brand marketing budget in a bid to cut costs. Just as famously, it lived to regret that decision.
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NewsWhole Foods Market losses deepen as sales decline
Whole Foods Market has recorded deepening losses for its UK operations, as revenues took a sharp downturn.
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NewsBusiness rates rise brings closure risk for 400 stores
Supermarkets and department stores are among shops threatened with “a wave of closures” if businsess rates changes go ahead.
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AnalysisJohn Lewis chiefs look ahead to a very merry Christmas after painful first half
First-half profits slipped at the John Lewis Partnership but, as they gear up for Christmas, bosses are optimistic that retail improvements and focus on productivity will being success and shoppers will be willing to spend in the golden quarter
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NewsOcado Retail boss: ‘M&S products have been a really strong factor in our growth’
Ocado Retail boss Hannah Gibson has said that Marks & Spencer’s products have been a “really strong factor” in the joint venture’s 18-months of consistent growth.
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NewsGovernment hints at ‘fundamental change’ for business rates
The government has said it considers there to be a case for “fundamental change from a ‘slab’ to a ‘slice’ system” of business rates, in an interim report published today.
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NewsTHG profits dip after slow start to the year for beauty
THG profits dipped in the first half of the year, after slow beauty trading and increased costs dragged on performance.
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NewsJohn Lewis focuses on positive momentum despite deepening losses
Losses deepened at John Lewis in the first half, but the retailer is still confident of a strong end to the year.