All City & finance articles – Page 445
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AnalysisSun European Partners: What do retailers need to know?
The bold acquisitions of Jacques Vert and American Golf prove that deals can be made during tough economic times.
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NewsOakley Capital plots bid for HMV's live music arm
Oakley Capital founder Peter Dubens is assembling a bid for HMV’s live music arm.
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NewsBlacks moves closer to pre-pack administration
Blacks Leisure has moved a step closer to entering pre-pack administration.
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NewsThorntons warns on profits
Thorntons has issued a profit warning after poor consumer spending and heavy high street promotions hit performance.
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OpinionMixed reactions to Tesco results
Opinion was divided in the City when Tesco revealed its third-quarter update last week.
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NewsTesco results top off another tough week
As Christmas loomed, store stocks headed south. Food specialists and general merchandisers alike underperformed the All Share index and were sharply down over the year.
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NewsNew year brings no joy for store stocks
At the end of the year general retailers had sadly underperformed the All-share index, while food groups were also down but not by as much as the market.
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News
Kesa shareholders give Comet sale to OpCapita the green light
Kesa Electricals shareholders have given the go-ahead for the sale of Comet to private equity firm.
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NewsAnalysts confident of Carpetright recovery
Analysts believe Carpetright is well positioned for when the recovery comes despite the floorings retailer reporting a first-half loss.
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NewsCarpetright IT and e-commerce director Ian Woosey made redundant
Carpetright group IT and e-commerce director Ian Woosey has been made redundant following a review of the business.
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NewsClintons FD Paul Salador quits
Clinton Cards group finance director Paul Salador has stepped down after 15 years at the business.
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NewsSupergroup profits dip despite like-for-like growth
Supergroup underlying profit before tax dipped £0.5m to £13m as like-for-likes grew 4% in its half year to October 30.
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NewsWickes like-for-likes plummet over past eight weeks
Wickes like-for-likes have plummeted 6.8% over the past eight weeks.
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NewsGo Outdoors and Mountain Warehouse join Sports Direct in race to buy Blacks
Sports and outdoor specialists including Sports Direct, Go Outdoors and Mountain Warehouse are lining up to takeover up-for-sale retailer Blacks Leisure.
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NewsGame set to appoint Deloitte to plot turnaround
Game Group is set to appoint the restructuring team at Deloitte to help it devise a plan to turn around the business next year.
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NewsPrivate equity firm Cinven weighs up Mothercare bid
Private equity houses including Cinven are vying to take over struggling maternity retailer Mothercare.
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OpinionCarpetright focused on the future
All eyes will be on floorings giant Carpetright next week, as it is expected to report its worst first-half figures as a listed company.
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NewsBleak sales growth adds to retail woe
It was another frustrating week for investors in retail companies as food and general merchandise groups put in a lacklustre showing versus a wider market advance.
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NewsSale on cards as profits rise at food specialist Abel & Cole
Profits have surged at grocery home shopping specialist Abel & Cole and the retailer could be put up for sale next year.