All City & finance articles – Page 594
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News
Sports Direct share price nosedives
Sports Direct shares dipped to less than a third of the price it floated at yesterday after Merrill Lynch issued a damning note on the company.
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News99p Stores outlines aggressive growth agenda to revive profits
Discount retailer 99p Stores has vowed to return to profitability next year following two years of losses.
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Opinion
Expansion must factor in global trends
We recently held our retail and wholesale 2007 conference, which was based on strategic thinking and included three renowned futurists, who provided some insight into how the world might look in 2050.
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Opinion
Specialism and scale are crucial
Hopefully by the time you read this article there will have been a cut in interest rates.
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News
Bank of England cuts interest rate
The Bank of England cut interest rates by 0.25 per cent today handing retailers a much-needed pre-Christmas boost.
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News
Wal-Mart takes control of Seiyu
The world’s biggest retailer Wal-Mart has completed its tender offer to take total control of Japanese supermarket chain Seiyu.
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Opinion
The Retail Week – November 30, 2007
Retailers seeking reassurance about the prospects for Christmas trading probably didn’t want to be on Oxford Street yesterday afternoon.
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News
SCS Upholstery: The City View
Fears are growing that the springs have gone at upholstered furniture specialist ScS, which holds its AGM on Monday.
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News
Retailers' unease grows as shares continue to slump across the board
Punch-drunk retailers took more blows as both grocers and general merchandisers underperformed.
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News
Sports Direct’s Ashley plans to up stake
Sports Direct founder Mike Ashley has set out plans to buy back a further 5 per cent of its shares, sparking fresh speculation that he plans to buy back the business he floated 10 months ago.
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News
Positive John Lewis sales could kick-start Christmas
Fears of a retail slowdown this Christmas may abate as John Lewis reported a 10 per cent jump in sales last week.
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News
US enters critical festive trading period
All eyes will be on US retail sales today, at the start of the country’s crucial Christmas spending season in the midst of its credit crunch.
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News
Retail shares plummet as fears grow over consumer spending
General retailers took a knock-out blow over the week when their shares slid almost 6 per cent as worries persisted about the health and direction of the consumer economy.
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News
Clinton’s reports slowing October sales
Clinton Cards has reported like-for-like sales up 2 per cent for the 16 weeks to November 18.
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News
Monsoon shareholders back Simon's buy-out
Monsoon shareholders have voted overwhelmingly in favour of the acquisition of the fashion retailer by chairman and founder Peter Simon.
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News
Poor November for fashion bodes ill for festive trading
UK fashion retailers have endured awful trading in November, putting down an ominous marker for Christmas.
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News
3i buys Agent Provocateur
Private equity group 3i is to acquire lingerie retailer Agent Provocateur and intends to expand the business.
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News
Metro mulls sale of its Extra chain to fuel global growth
German retail giant Metro Group is understood to be in talks to sell its Extra supermarket chain and a transaction could be completed by the end of the year.
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News
Burberry profits soar
First half operating profits at luxury group Burberry rose 30 per cent to 97.3 million in the six months to September 30.
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News
Asda posts strong Q3 as it readies for Christmas
Grocer and general merchandiser Asda achieved “very positive sales results” in its third quarter, according to its parent company Wal-Mart.