All City & finance articles – Page 421
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NewsNext Christmas sales up 3.9%
Fashion retailer Next posted total sales up 3.9% in the Christmas trading period, as it narrowed its profit guidance.
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OpinionComment: 2012 - The year 2012 in review
This is my last column of the year. So what sort of year do we think it’s been? A strange one in many respects and certainly quite unique.
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NewsJeweller Theo Fennell halves losses as takeover talks continue
Jeweller Theo Fennell more than halved its losses in the first half as takeover talks continue.
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OpinionComment: Top retailers deliver returns
So farewell then Comet, which went through its death throes this week and will never trade through another Christmas - at least not as a chain of stores.
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OpinionComment: The US is still a land of opportunity
On the assumption that the world has not ended today, and that Retail Week is still being read beyond Bugarach, attention will carry on being devoted to transatlantic developments.
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OpinionComment: Cable’s Comet investigation – what can we expect?
The collapse of electronics giant Comet has sent ripples through the business community that extend well beyond the retail sector.
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OpinionComment: Online communities have high expectations
Facing bad PR and a potential consumer backlash, Starbucks in the UK has voluntarily agreed to pay £20m in taxes over the next two years.
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NewsHMV eyed by Apollo Global Management
Struggling entertainment retailer HMV is being eyed for a takeover by Apollo Global Management, one of the world’s largest investment groups.
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News'HMV still has a place on the high street', insists chief executive Trevor Moore
HMV’s new boss Trevor Moore has insisted there is a demand for a high street entertainment retailer despite HMV warning that it may breach its banking covenant at the end of January.
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NewsMoss Bros like-for-likes jump 3.7%
Formal menswear retailer Moss Bros has posted a 3.7% jump in like-for-likes for the 19 weeks to December 8, 2012.
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NewsLaura Ashley like-for-likes up 4.9%
Laura Ashley like-for-likes increased 4.9% in the 19 weeks to December 8, 2012.
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NewsHMV warns over covenants despite narrowing first-half losses
HMV has warned it might breach its banking covenants despite narrowing losses and improved like-for-like sales in the first half.
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NewsSports Direct first-half profits soar as House of Fraser speculation grows
Sports Direct’s pre-tax profit soared in its first half as speculation builds that it is in talks to buy department store House of Fraser.
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OpinionComment: UK growth bodes well for Asos
Global fashion powerhouse Asos is really leading the etail pack.
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NewsWickes posts 5.8% like-for-like fall
Travis Perkins’ retail division, which largely comprises DIY chain Wickes, posted a like-for-like sales fall of 5.8% for the 11 months to the end of November.
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NewsSuperGroup profits jump as it drives overseas expansion
SuperGroup underlying pre-tax profit jumped 13.1% to £14.7m in its half year to October 28.
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NewsCarpetright eyes Tottenham Court Road store in London push
Floorings giant Carpetright is making a push for the capital as it seeks out smaller high street stores in London.
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NewsReiss UK EBITDA dips 14.5% as it invests in infrastructure
Reiss UK EBITDA dipped 14.5% to £11.2m in its year to January 31 despite a 5.3% sales jump which helped revenue break through the £100m barrier.
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NewsWHSmith boss Kate Swann bags £3.3m
WHSmith chief executive Kate Swann could be in line to receive a further £2.6m as well as her £3.3m salary and share payouts.
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NewsCarpetright profits up despite sales fall
Carpetright has reported an increase in first-half profits despite a fall in sales, which were held back by a poor performance in mainland Europe.