All City & finance articles – Page 7
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NewsDebenhams warns some suppliers of late payments
Debenhams Group, formerly Boohoo, has warned some of its suppliers that they may experience late payments amid mounting fears that the business is facing a cash crunch.
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NewsJohn Lewis heir chairs newly created Trust
Toy specialist The Entertainer has formed a dedicated trust as ownership is transferred by the founding Grant family to employees, Retail Week can reveal.
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NewsJD Sports posts first-half profit fall as tough US conditions take toll
JD Sports has reported what it described as a “resilient” performance in the first half of its financial year.
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Opinion‘Retailers must continue to make noise about unsustainable cost burdens’
Government-imposed financial pressures are inflicting pain on the heart of the retail industry – its people, believes Charlotte Hardie
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AnalysisKingfisher: the factors powering its success – and warning on business rates’ impact
DIY giant Kingfisher, owner of B&Q and Screwfix in the UK, lifted its full-year profit forecast to the upper end of expectations on the back of strong interims
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NewsKingfisher hails performance of B&Q and Screwfix as it upgrades profits
Kingfisher has singled out its strong UK performance across both B&Q and Screwfix as it upgraded its full-year profit guidance.
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NewsBRC warns government against further tax rises in autumn Budget
The British Retail Consortium has warned the government against any further tax rises on retailers in the coming autumn Budget, saying any such moves risks “losing the battle against inflation”.
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NewsVery Group transformation boss steps down to join mayoral race
Online retailer Very Group’s chief finance and transformation officer is to step down and run as a mayoral candidate.
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Chart of the WeekChart: Next shares its vacancy figures in warning on UK jobs market
Next sounded a warning about the UK economy alongside their results last week, pointing to rising unemployment and rising application numbers
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NewsDebenhams reshuffles non-executive board
Debenhams Group has announced that it has appointed Tom Handley to its board of independent non-executive directors, after Alistair McGeorge stepped down earlier today (Friday, September 19).
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InterviewQ&A: Next CEO Lord Wolfson on navigating an ‘anaemic’ economic outlook
Next shares fell this morning as the retail bellwether cautioned that the UK economy is set for “anaemic” growth in the coming months.
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NewsDeliveroo CEO to step down after DoorDash deal completes
Deliveroo founder and chief executive Will Shu is set to leave the business, once the £2.9bn acquisition of the delivery firm is completed by DoorDash.
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NewsNext posts big sales and profits rise, but sounds warning on UK job market
The fashion retailer reported group sales up by 10.3% and profit before tax up by 13.8% in the six months to July 2025 from 2024.
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OpinionWhat the 2026 business rates revaluation means for major chains
Forthcoming changes represent a structural shift for big retailers, and they need to be prepared, observes Ryan’s tax services specialist Alex Probyn
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NewsConsumer confidence drops to lowest level since spring as food inflation rises
Consumer confidence in the economy has hit its lowest level since spring as reports of growing food prices and UK economic struggles take hold.
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NewsMorrisons marks eleventh consecutive quarter of growth
Morrisons has reported an uptick in group like-for-like sales and an eleventh straight quarter of growth, despite the “challenging” consumer environment.
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NewsMoonpig credits AI and product personalisation for ‘strong start to the year’
Online greetings card retailer Moonpig has credited its growing suite of AI services and product personalisation for its “strong” start to the financial year.
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NewsQuiz records double digit sales growth after restructuring
Scottish fashion brand Quiz has reported double digit sales growth in July and August, after completing what it called a “wide-reaching operational streamlining strategy” of the business.
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NewsBoden returns to profit as sales surge
Boden has returned to profit and increased its revenues following a “resoundingly positive” response to its refreshed product ranges.
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NewsFood inflation inches down but customers still cling to value
Food inflation dipped in August, but value remains at the forefront of customers’ minds as the UK headed back to school.