Latest finance news – Page 387
-
NewsMarks & Spencer third-quarter results: What the analysts say
Marks & Spencer delivered a poor Christmas trading performance after a warm autumn and fulfilment troubles. Here’s the analysts’ view.
-
NewsTesco’s Christmas trading: What the analysts say
Tesco has improved performance over Christmas and unveiled the appointment of Matt Davies as UK boss. Retail Week looks at the analysts’ view.
-
NewsComment: Dave Lewis will take decisive action at Tesco
You would be hard pressed to think of a retailer that had focused on cost as much as market leader Tesco, says Steve Dresser.
-
NewsUSC prepares to shutter stores as it falls into administration
Young fashion retailer USC is planning to close around a third of its stores as it enters administration, putting hundreds of jobs at risk.
-
NewsM&S boss Bolland: no turning back from Black Friday
Black Friday is here to stay and retailers must get used to it, Marks & Spencer boss Marc Bolland believes.
-
NewsTed Baker reports strong Christmas after remaining steadfast on price
Premium fashion brand Ted Baker has reported retail sales up 22.8% in the 8 weeks to January 3 after avoiding promotions before Christmas.
-
NewsMarks & Spencer sales hit by warm autumn and online delivery woes
Marks & Spencer has delivered a poor Christmas trading performance after the warm autumn and fulfilment troubles hit womenswear sales.
-
NewsTesco unveils improved trading and hires Matt Davies as UK boss
Tesco has improved performance over Christmas, unveiled the appointment of Halfords boss Matt Davies and is to close its Cheshunt headquarters.
-
NewsThe Entertainer's Christmas sales jump as use of click-and-collect surges
The Entertainer has recorded a jump in Christmas sales on the back of strong online growth as shoppers turned to its click-and-collect service.
-
NewsBoux Avenue the Christmas star as sales rise at Paphitis-owned retailers
Boux Avenue was the star performer of entrepreneur Theo Paphitis’ retail group over Christmas but all his businesses recorded like-for-like increases.
-
NewsFoyles and Waterstones reap rewards of print resurgence as online slows
Booksellers Foyles and Waterstones have both recorded bumper Christmas sales of print books as online trading growth slows.
-
NewsIceland boss Malcolm Walker: Christmas trading was 'bloody awful'
Frozen food specialist Iceland has had a difficult Christmas according to boss Malcolm Walker, who has described the trading period as “bloody awful”.
-
NewsTopps Tiles reports 6% jump in first-quarter like-for-like sales
Topps Tiles posted a 6% increase in sales over the quarter ended December 27, as it built on strong trading in the same period of last year.
-
NewsBoohoo.com issues profit warning after heavy discounting on high street
Boohoo.com has issued a profit warning after investing in a marketing push that failed to pay off due to heavy promotional activity on the UK high street.
-
NewsMajestic Wine sales up over Christmas but discounting hits margins
Majestic Wine has reported Christmas like-for-likes up 1.1% but margins were hit as the retailer invested in price in a competitive environment.
-
NewsSainsbury's reports Q3 like-for-likes down 1.7% and outlook challenging
Sainsbury’s has reported like-for-like retail sales for its third quarter down 1.7% excluding petrol, and boss Mike Coupe warns of challenging times ahead.
-
NewsThe Works drives Christmas sales growth as it holds off from 'heavy discounting'
The Works has increased like-for-like sales by 6% over Christmas while maintaining its margins as it held off from “heavy discounting”.
-
NewsShop price inflation falls for 20th consecutive month in December
Shop price inflation fell again in December, declining for the 20th consecutive month, according to the BRC-Nielsen Shop Price Index.
-
NewsFortnum & Mason posts record Christmas trading results
Fortnum & Mason has posted record Christmas trading results, as the company experienced unprecedented demand for luxury items.
-
NewsAnn Summers falls into the red with £3.6m full-year loss
Ann Summers has plunged into the red with a full-year pre-tax loss of £3.6m and has abandoned plans to sell off its Knickerbox brand.