All City & finance articles – Page 4
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NewsThe Very Group confirms takeover by investment firm
The US private equity giant Carlyle is buying The Very Group, once known as Shop Direct, from previous owners the Barclay family
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Opinion‘Primark has been good for the Westons – but the Westons have been good for Primark’
The Weston family’s stewardship of Primark has been exemplary. As a spin-off of the retailer from ABF is considered, their values should be maintained, says George MacDonald
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AnalysisSainsbury’s boss Roberts decks the halls with bumper profits as he looks towards Christmas
As Sainsbury’s upgraded its full-year profits to more than £1bn, chief executive Simon Roberts spoke about the consumer outlook heading into Christmas, what’s happening with the future of Argos, and the Budget.
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NewsBRC says government goals are ‘at odds’ with Keep Britain Working review
British Retail Consortium chief executive Helen Dickinson has said retail is built on “flexible, local jobs” and the government’s goals and policies are “at odds with one another”, in response to the publication of the Keep Britain Working review.
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NewsNo more M&S clothing-only boutiques likely following pilot
Marks & Spencer does not expect to open any more clothing-only branches following a trial branch, Retail Week can reveal.
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AnalysisM&S boss Machin on cyber attack recovery, Budget blues and Christmas prospects
Marks & Spencer’s chief executive Stuart Machin warned that Budget concerns are spooking shoppers, but was optimistic about Christmas as he steers the retailer forward after a devastating cyber attack.
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NewsMarks & Spencer ‘regaining momentum’ after cyber attack hits profit
Marks & Spencer is “getting back on track” after a devastating cyber attack sent first-half profits down, but its clothing division is recovering more slowly than its food business.
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Opinion‘Retail’s future health hinges on finding the right partners to solve industry challenges’
As retailers seek to transform their businesses and take advantage of new technology, more collaborative thinking is essential. That’s why Retail Week has launched Solutions Spotlight, explains Charlotte Hardie
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NewsThe Perfume Shop enjoys strong sales from new boutique concept
The Perfume Shop said its new Boutique concept stores have “exceeded expectations” following strong sales of niche scents.
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AnalysisThe City’s verdict after ABF mulls potential Primark decoupling
After Primark-owner Associated British Foods made the shock announcement this morning that it was weighing up spinning off Primark, Retail Week judges the City’s verdict.
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NewsABF considers spinning off Primark from wider business
Food and retail giant Associated British Foods has today announced it is undertaking a review of its group structure with an eye to possibly splitting up its Primark and food businesses.
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NewsSpecsavers reports record turnover as it looks to global expansion
Specsavers has reported record turnover and growing profits as it focuses on reinvesting in its store estate and expanding internationally, Retail Week can reveal.
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AnalysisBudget 2025: How proposed changes to NI, VAT and pensions could affect retailers and consumers
Retail Week has spoken to retailers, economists and analysts to try and piece together what the impact of the Budget could be on both businesses and consumers
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NewsAsda confirms sale of Leon to founder
Supermarket giant Asda has today (October 31) confirmed the sale of Leon Restaurants to former co-founder John Vincent.
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NewsAmazon earnings beat estimates thanks to cloud services
The tech firm’s share price jumped after publishing its results for the quarter ending September 30, 2025
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NewsDune founder: ‘The UK is not an exciting place to do business’
Dune founder Daniel Rubin has criticised the government for failing to keep its promise to boost growth, stating: “The UK is just not an exciting place to do business.”
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NewsSuperdry back in the black despite ‘softer top-line sales’
Superdry has swung back to a profit for the financial year, as cost savings and reductions offset the drag of softer topline sales on revenues.
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Chart of the WeekChart: Next’s Q3 results are ahead of expectations
Next pointed to improved stock levels and strong marketing performance as the reason sales came in £76m ahead of guidance
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NewsWHSmith delays results as accounting investigation continues
Travel retail specialist WHSmith has moved its full-year results back as accountants review a profits overstatement at its flagship North American business.
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NewsNext upgrades profit guidance as sales soar
Next has again upgraded its full-year profit guidance, after soaring sales outstripped predictions for the third quarter.