All City & finance articles – Page 596

  • Analysis

    Chrunch time at Christmas

    2007-11-01T10:08:28.130Z

    The golden quarter for retailers has now begun, but consumer confidence has rarely been so difficult to gauge. Charlotte Dennis-Jones reports on a nail-biting countdown to Christmas as our exclusive poll reveals consumer attitudes

  • Opinion

    Browett faces a tough job at DSGi

    2007-11-01T10:08:28.567Z

    Next year could be a watershed for electricals giant DSGi. In December, former Tesco operations director John Browett will take the helm as chief executive and he will have to tackle several key areas as a matter of urgency.

  • News

    Flying Brands profits hit but expansion continues

    2007-11-01T10:08:28.630Z

    Home shopping retailer Flying Brands is to push ahead with global expansion, despite issuing a profit warning this week.

  • News

    Mothercare sales skyrocket as ELC deal begins to bear fruit

    2007-11-01T10:08:28.753Z

    Mothercare’s acquisition of Early Learning Centre (ELC) helped push group sales up 38.3 per cent in the 13 weeks to October 13, exceeding City expectations.

  • News

    Land of Leather like-for-likes slump

    2007-11-01T09:37:29.443Z

    Land of Leather recorded a poor first-quarter performance as it began to feel the effects of five successive interest rate rises.

  • News

    US bond issue first for Tesco

    2007-10-30T16:24:21.540Z

    Supermarket giant Tesco has raised US$2 billion ( 967.7 million) in its first bond issue in the US.

  • News

    Metro Q3 sales climb

    2007-10-30T11:31:09.723Z

    Metro has forecast a positive performance for the remainder of this year after recording healthy sales in its third quarter.

  • News

    United Carpets tells AGM trading as expected

    2007-10-29T14:23:16.820Z

    United Carpets has reported at its Annual General Meeting this morning that trade is continuing in line with expectations, driven by its strategy to maximise revenues from existing stores and expand its franchise business.

  • Opinion

    Browett faces a tough job at DSGi

    2007-10-25T11:52:45.380Z

    Next year could be a watershed for electricals giant DSGi. In December, former Tesco operations director John Browett will take the helm as chief executive and he will have to tackle several key areas as a matter of urgency.

  • News

    Home Retail: The City View

    2007-10-25T11:44:30.250Z

    Interim group profits at the general merchandise and DIY retailer soared 40 per cent to 149.8 million on sales up 3 per cent to 2.74 billion, powered by Argos.

  • News

    Mothercare sales skyrocket as ELC deal begins to bear fruit

    2007-10-25T11:42:41.450Z

    Mothercare’s acquisition of Early Learning Centre (ELC) helped push group sales up 38.3 per cent in the 13 weeks to October 13, exceeding City expectations.

  • News

    Flying Brands profits hit but expansion continues

    2007-10-25T11:41:56.700Z

    Home shopping retailer Flying Brands is to push ahead with global expansion, despite issuing a profit warning this week.

  • News

    Kingfisher and DSGi shares drop as Debenhams revives fortunes

    2007-10-25T11:36:28.890Z

    A swathe of updates, deal gossip and big swings in share prices characterised the week.

  • News

    House of Fraser slashes debt

    2007-10-25T10:39:44.493Z

    House of Fraser dramatically cut its net debt in the few months following its acquisition by a Baugur-led consortium in November last year.

  • News

    Morrisons posts jump in profits

    2007-10-25T10:24:56.600Z

    Morrisons posts a sharp jump in profits, but analyst warn on sales growth

  • News

    Blacks calls off sale of Freespirit

    2007-10-25T10:01:34.360Z

    Blacks Leisure has announced that it will not sell its Freespirit boardswear business, the subject of a controversial row with tycoon Mike Ashley earlier this year.

  • News

    Amazon profits soar in third quarter

    2007-10-24T09:45:00.390Z

    Online retail giant Amazon revealed a four-fold leap in profits to US$80 million ( 39.1 million) in the three-months to September 30, boosted by strong sales of the final Harry Potter book, which became the fastest selling book of all time.

  • News

    Asda slashes prices by £150m for Christmas

    2007-10-24T09:21:57.323Z

    Asda has unveiled its biggest Christmas price cuts of 150 million as it steps up its price war with rival Tesco.

  • News

    Flying Brands downgrades expectations

    2007-10-23T12:02:59.170Z

    Strikes, the weather and Australian launch cited as home shopping group Flying Brand posts downbeat trading update.

  • News

    Debenhams full-year profits rise

    2007-10-23T09:48:32.313Z

    Debenhams has reported pre-tax profits up 11.5 per cent in the year to September 1.