All City & finance articles – Page 484
-
NewsTopps Tiles profits and sales up
Topps Tiles pre tax profit grew from £9.9m to £12.4m in the 53 weeks to October 2 as the retailer kept a tight control on costs.
-
NewsAll Saints boss Stanford forced to pay out £2.5m
Retail entrepreneur Kevin Stanford has reportedly been forced to pay out £2.5m of his own money after personally guaranteeing a bank loan to his former premium womenswear business Ghost which fell into administration in 2008.
-
NewsOffice edges closer to £150m deal with Silverfleet
Retail entrepreneur Sir Tom Hunter has entered exclusive talks with private equity firm Silverfleet Capital to sell footwear retailer Office for about £150m.
-
NewsTesco's Brasher dismisses Clubcard concerns
Tesco’s incoming UK chief executive Richard Brasher has dismissed suggestions that its ramped-up loyalty programme is inflating UK sales.
-
NewsHalfords puts acquisitions on hold to make core business top priority
Halfords has put potential acquisitions on the back burner as it focuses on the core business.
-
OpinionTed’s quirky style adds up
While trendy apparel retailer SuperGroup has been fashionable with investors since its flotation earlier this year, Ted Baker’s shares have been pretty natty too. In the last three months they have climbed almost 25%.
-
NewsRetail bears up as FTSE slides on Irish bailout
Stores of all types were down over the week but a little less than the market as a whole, which took fright at the emergency bailout of Ireland.
-
NewsBroker sees big potential in WHSmith
Bookseller and stationer WHSmith is undervalued and deserves to be classed alongside retailers such as Next, SuperGroup and Dunelm Mill, broker Oriel believes.
-
NewsLondon retailers’ fears over Boxing Day Tube strikes
Potential Tube strikes in the run-up to Christmas and on Boxing Day could hit retailers’ sales in the key festive trading period.
-
OpinionChristmas will be fine, but...
With December just around the corner, consumers and retailers are preparing for the annual game of cat and mouse.
-
OpinionA white-knuckle ride into Christmas
It’s ironic that while Christmas decorations come into stores earlier every year, customers are leaving their spending even later.
-
NewsTakeover gossip prompts Kesa share price to climb
Electricals group Kesa was once again at the centre of takeover speculation, prompting its share price to reach a two-year high of 166p on Monday.
-
NewsLondon store disposal is ‘good deal for HMV’
Analysts welcomed last week’s disposal by entertainment retailer HMV of one of its Oxford Street stores for £13.7m.
-
NewsEtailers primed for Mega Monday sales
Etailers are gearing up for Mega Monday, the busiest online shopping day of the year. Trade body IMRG expects year-on-year sales to increase 16% that day.
-
NewsAlexon Group like-for-likes edge up 0.4%
Womenswear group Alexon, which includes the Ann Harvey and Kaliko chains, experienced a marginal group like-for-like sales rise for the period from August 1 to November 23, and remains cautious on the outlook.
-
NewsSignet post strong Q3 performance despite dip in UK sales
Retail jewellery giants Signet reported like-for-likes up 7.2% across the Group despite a slight dip in UK sales in its third quarter results.
-
NewsClinton Cards "well prepared" for Christmas despite sales fall
Greetings cards retailer Clinton Cards group like-for-likes fell 3% in the 16 weeks to November 21.
-
NewsJohn Lewis weekly sales surge as cold weather sets in
John Lewis said total sales surged 12% to £88m in the week to Saturday, after a strong performance from cold weather clothing.
-
NewsTesco sales "strong" in Asia as analyst trip kicks off
Tesco said its performance in its Asian business continues to be “strong” as it kicked off an analyst event in the region yesterday.
-
AnalysisWill the Emerald Isle sparkle again?
With EU pressure to accept a bailout, Ireland’s economy is a mess. Will its retailers recover, asks Charlotte Hardie and Greg Lawless