More finance – Page 84
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AnalysisMatalan expects profits to tumble as warehouse issues cause 'severe impact'
Matalan expects its full-year profits to tumble after it suffered the “severe financial impact” of problems at its new distribution centre during its second quarter.
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AnalysisWalmart expects profits to fall as it reinvests in staff and ecommerce
Walmart has said profits will drop between 6% and 12% in its next financial year as it ploughs cash into reviving its slowing sales growth.
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AnalysisToys R Us merchandise chief resigns months after European restructure
Toys R Us’ former UK boss Roger McLaughlan has resigned from the retailer a few months after being handed a new role following a European restructure.
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AnalysisSports Direct chiefs must act to address the retailer’s worsening reputation
Sports Direct is one of the greatest entrepreneurial success stories in contemporary retail, but its apparent disdain for the outside world is increasingly taking a toll.
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AnalysisUK returns to deflation after 'smaller than usual' rise in clothing prices
The UK has fallen back into deflation as a smaller than usual rise in clothing prices and falling fuel costs drove the inflation rate down.
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AnalysisTesco faces legal action from US investment funds over accounting scandal
Tesco is facing multimillion-pound legal action from four US pension and investment funds after its “massive restatement” of profits last year.
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AnalysisWaterstones sales up 5% after 'better vintage' releases on Super Thursday
Waterstones managing director James Daunt revealed Super Thursday boosted sales by 5% following a “better vintage” of book launches this year.
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AnalysisUniqlo Europe's operating profits contract after refurb of London flagship
Uniqlo Europe’s annual operating profits contracted following losses incurred from the refurbishment of its London flagship store.
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AnalysisNext week in retail: N Brown interims, WHSmith results, Game and Zalando
Retail Week presents a round-up of what to look out for next week, including a half-year update from N Brown and full-year figures from WHSmith.
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AnalysisAsda profits surpass £1bn mark despite falling sales and market share
Asda’s operating profits increased 1.9% to £1.012bn last year despite falling like-for-like sales and declining market share.
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AnalysisDFS sales and profits surge as it buys Spanish business to target expats
DFS has reported a surge in full-year revenues and profits as it buys a Spanish business to target the British expat community.
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AnalysisDunelm buys Fogarty linen brand as first-quarter like-for-likes jump
Dunelm has posted a jump in like-for-like sales in its first quarter and revealed the acquisition of 200-year old linen brand Fogarty
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AnalysisThe devil is in the detail of business rates reform pledge
The devolution of the business rates system to local authorities was one of the biggest surprises of the Conservative conference this week.
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AnalysisTesco boss Dave Lewis snaps up shares 13 months into reign
Tesco boss Dave Lewis has purchased a stake in the retailer, 24 hours after the board lifted a ban on trading shares.
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AnalysisJaeger private equity owner Better Capital considers sale
The private equity owner of fashion retailer and brand Jaeger is considering a sale of the company according to reports.
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AnalysisSports Direct plans 'multi-million' investment in Heatons' sports offer
Sports Direct is planning a “multi-million investment” in Heatons’ store estate as it believes the group’s sports offer can be improved.
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AnalysisTesco boss Lewis 'confident' the grocer is on the up despite tumbling profits
Tesco boss Dave Lewis believes the grocer has “stepped forward” as a business after hitting its lowest ebb, but warned “nothing is guaranteed”.
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AnalysisPoundland hires Hilco to renegotiate 99p Stores rents following acquisition
Poundland has hired adviser Hilco to renegotiate rents on 99p Stores, the business it acquired last month, Retail Week has learned.
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AnalysisFood prices slip back into deflation in September
Food prices returned to deflation in September after dropping deeps falls in fresh groceries drove overall food prices down 0.5%.
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AnalysisKurt Geiger pre-tax profits leap 242% on back of surging sales
Premium footwear brand Kurt Geiger’s pre-tax profits jumped 242% to £11.3m for the year on the back of surging sales.