All City & finance articles – Page 591
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News
Morrisons’ soaring growth dents rival supermarkets’ share prices
Following share price rises in recent weeks, retail stocks went into reverse and food groups were hit most heavily.
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News
Jagtiani reignites Debenhams bid speculation
Retail tycoon Micky Jagtiani has renewed speculation that he may yet make a bid for department store Debenhams.
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News
Shop price inflation climbs 1.2 per cent
Shop price inflation in the UK was 1.2 per cent higher in January compared with the previous year, up from 1 per cent in December.
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News
Disposable incomes continue to fall in UK
British families are facing increasingly smaller disposable incomes, as bills and taxes grow faster than most incomes.
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Opinion
A case for the big two?
Speculation was swirling around the grocery sector this week that Asda is poised to make a bid for local grocery chain Somerfield.
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Opinion
The Retail Week – February 1, 2008
Surveying the wreckage of pub company Mitchells & Butlers, you have to conclude that Sainsbury's had a lucky escape when Qatari bid interest collapsed.
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Opinion
Non-food cannot afford to slip the net
Even against modest forecasts, the January trading statement season was miserable.
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News
Carrefour to refocus stores and own-label food brands
Carrefour is expected to focus on a radical overhaul of the branding of stores and its own-label food business in France to deliver a “breakthrough year”.
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News
N Brown: the city view
The home shopping giant took analysts to dinner on Tuesday night, when it impressed them with its business strengths as well as its cocktails.
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News
Hopes rise for retailers as City says prospects are looking up
Another good week for the sector meant brokers chewed over whether it is once again the right time to buy on the back of retailers’ sharp re-ratings.
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News
Kinnaird set on Dolcis revival as landlords rally
John Kinnaird remains confident of launching a bid next week for footwear chain Dolcis, as he continues to rally landlord support.
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News
Sports Direct invites City for peace talks
Sports Direct has offered an olive branch to the City – the first sign that the retailer is willing to play ball as a public company.
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News
Otto begins review that could lead to UK sell-off
Otto UK is conducting a wide-ranging strategic review of its UK operation, which could result in its German parent selling off the UK home shopping group.
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News
WHSmith to return £90m to shareholders
WHSmith reported a 2 per cent fall in like-for-like sales over the festive period and is to return 90 million to shareholders.
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News
Woolworths agrees £385 million refinancing
Woolworths has agreed a refinancing package, with new four-year loan facilities totalling 385 million.
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News
Kesa share buy-back to follow BUT sale
Electricals group Kesa expects to complete the €550 million ( 409 million) sale of French furniture chain BUT next month and will return cash to investors via a share buy-back programme.
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News
JJB gives green light for Nike’s Umbro deal
JJB Sports has backed sports brand Nike’s proposed acquisition of England football shirt manufacturer Umbro.
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News
Alliance Boots seals China partnership
Alliance Boots has completed the formation of its joint-venture company in China, Guangzhou Pharmaceuticals Corporation (GP Corp), for approximately 41 million.
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News
Sir Tom Hunter sells D2
Sir Tom Hunter has sold his clothing and footwear chain D2 in a multimillion-pound management buy-out in an effort to 'declutter' West Coast Capital's retail operation.
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News
Littlewoods moves on Empire Stores
Littlewoods has announced that it intends to buy Empire Stores' debtor book after it was reported that its owner Redcats was closing the business.