All City & finance articles – Page 431
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AnalysisDebenhams' third quarter: What the analysts say
Debenhams today reported a “robust” third quarter as like-for-likes remained flat. Retail Week summarises the City’s reaction
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OpinionNick Bubb’s Verdict: Carphone Warehouse - smartphones, smart management
Carphone Warehouse’s structure over the years has shifted constantly, but founder Charles Dunstone remains a very smart businessman.
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OpinionComment: Time to move on tax and rates debate
It’s six months since I took the helm at the British Retail Consortium, and there have been plenty of highlights along the way.
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AnalysisAnalysis: Rent-day retail administrations prove only the strong will survive
Rent-day casualties and tough trading conditions show retailers must be at top of their game to thrive.
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OpinionComment: Retail failures remind us to celebrate success
This week’s rent day brought a round of bloodletting on the high street as ongoing pressures pushed more retailers to the brink.
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NewsCarphone Warehouse profits rise as like-for-likes jump 4.6%
Carphone Warehouse recorded a 4.6% rise in group like-for-like sales for the year to March 31 as EBIT edged up £2m to £137m.
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OpinionComment: Self-help measures make a difference at Carpetright
Carpetright boss Darren Shapland’s improvement plan, initiated when he took up the role a year ago, looks as if it is paying off.
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OpinionComment: Can administrations be good for businesses?
To some it sounds like a death knell, but many retailers can survive an administration - and even benefit from it in the longer term, according to Lee Manning and Rob Harding.
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NewsCarpetright's full-year pre-tax profit jumps as UK like-for-likes improve
Increased like-for-like sales across Carpetright’s UK business drove a jump in pre-tax profit from £4m to £9.7m in its full year.
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NewsTesco faces remuneration row over excessive payoffs at its AGM
Tesco shareholders have been urged to reject the grocer’s remuneration report at Friday’s AGM because of concern about excessive payoffs.
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NewsFormer Comet owner could profit from retailer's tax losses
Hailey Acquisitions, the former owner of electricals group Comet, hopes to buy back the bust retailer’s tax losses, it has emerged.
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NewsPret a Manger owner eyes Hotel Chocolat stake
Bridgepoint Development Capital, the private equity owner of café chain Pret a Manger, is eyeing an investment in chocolatier Hotel Chocolat.
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Analysis
Dixons full-year results: What the analysts say
Dixons today reported a 15% increase in underlying pre-tax profits. Retail Week rounds up the City’s reaction to the results.
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NewsDixons reveals it is a 'winner' in its full-year results
Dixons chief executive Sebastian James says the brand is becoming “a winner” after returning to growth in its full-year figures.
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OpinionComment: Majestic shows specialists can compete against big grocers
If Majestic Wine was a bottle of bubbly, it might appear to lack a little sparkle. Profits didn’t move much last year and sales were down.
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NewsDFS profit up 8.5% to £48.3m in first nine months of year
Furniture retailer DFS has reported EBITDA growth of 8.5% to £48.3m in the nine months to April 27, after opening eight stores this year.
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NewsHouse of Fraser like-for-likes up 4.8% driven by online sales surge
House of Fraser’s surging online sales drove a like-for-like increase across the business of 4.8% in the first quarter, according to figures leaked to Retail Week.
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OpinionComment: The online shopping experience needs human interaction
Burberry has just unveiled its latest attempt to humanise the online experience by allowing consumers to seal their electronic messages with a real kiss. ‘
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NewsMothercare's former boss Ben Gordon takes home £5m in shares and pay
Mothercare’s former boss Ben Gordon walked away from the maternity retailer with more than £5m after share schemes vested.
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NewsOriginal Factory Shop profits surge as new boss prepares to take reins
The Original Factory Shop has achieved a 30% surge in EBITDA as outgoing boss Angela Spindler prepares to hand the baton over to former Woolworths boss Tony Page.