Retail giant Tesco marked the end of the supermarket "space race" today as it scrapped more than 100 major store developments and admitted future growth would be focused more online.
Wed, 17 Apr, 2013
Tesco insisted its UK business was on the road to recovery today despite the supermarket giant’s first drop in profits in two decades.
Wed, 03 Oct, 2012
Supermarket giant Tesco failed to win over investors with its £1bn plan to revive its UK arm today as the grocer followed world markets into the red.
Wed, 18 Apr, 2012
A drop in oil prices triggered by a joint US and UK move to release strategic reserves pulled energy stocks and the wider FTSE 100 Index into the red today.
Thu, 15 Mar, 2012
Luxury handbag maker Mulberry today said annual profits would beat expectations after a “very strong” Christmas.
Fri, 21 Jan, 2011
A STRONG performance at Tesco’s Irish outlets has pushed the company’s like-for-like in Europe into positive territory.
Wed, 16 Jun, 2010
PRIMARK, which trades as Penneys in Ireland, saw sales jump 19% in the months leading up to Christmas but Irish sales suffered slightly.
Fri, 15 Jan, 2010
JJB Sports founder David Whelan was today being linked to a £100m (€117m) bid for the ailing sportswear firm’s health club chain.
Tue, 25 Nov, 2008
The owner of fashion brands Kaliko and Ann Harvey today said like-for-like sales were down 11% after trading became “increasingly challenging”.
Mon, 24 Nov, 2008
Debenhams slashed its shareholder payout today as it focused efforts on coping with the consumer downturn and cutting a £1bn (€1.2bn) debt mountain.
Tue, 21 Oct, 2008
The owner of British electrical retailer Comet said the high street chain would slump to a first half loss this year after sales of white goods dived.
Wed, 10 Sep, 2008
Marks & Spencer chief executive Stuart Rose faces the prospect of a humiliating shareholder rebellion at the firm’s annual meeting today.
Wed, 09 Jul, 2008
Talk of a possible bid for Marks & Spencer sent shares in the struggling retailer soaring today after its recent steep falls.
Tue, 08 Jul, 2008
Beleaguered Marks & Spencer was under fresh stock market pressure today amid City fears that the current consumer squeeze could wipe a third or more off profits.
Mon, 07 Jul, 2008
The sales woe at Marks & Spencer sent shudders through some of the FTSE 100 Index’s biggest retail stocks today.
Wed, 02 Jul, 2008
Shares in Comet owner Kesa Electricals were deep in the red today after gloom settled over its future trading prospects.
Tue, 24 Jun, 2008
The owner of retail chain Sports World drew a mixed reaction from the City today, despite revealing it remained on course to hit earnings targets.
Thu, 24 Apr, 2008
UK retail giants endured another torrid day on the stock market today amid concerns over the festive trading performance of some of the high street’s biggest names.
Mon, 07 Jan, 2008
The two takeover attempts for Sainsbury’s this year have overshadowed a healthy trading performance from the group in a more challenging retail environment.
Mon, 05 Nov, 2007
Supermarket giant Tesco is expected to unveil a sharp sales slowdown today as wet weather and belt-tightening consumers take their toll on the company’s results.
Tue, 02 Oct, 2007
Supermarket giant Tesco today underlined its dominance of the UK’s retail landscape after ringing up record profits of £2.55 billion.
Tue, 17 Apr, 2007
The UK's biggest supermarket chain will regain the spotlight this week as Tesco is expected to unveil annual profits of more than £2.5bn (€3.66bn) on Tuesday - more than £4,800 (€7,040) a minute.
Sun, 15 Apr, 2007
A shortened trading week will see Halfords and Mothercare publish updates, while publisher Bloomsbury will look to restore confidence after its profits warning in December.
Sun, 01 Apr, 2007
Marks & Spencer’s admission of interest in a potential bid for Sainsbury’s could press the retailer’s private equity suitors into tabling a firm offer for the company, a leading retail analyst said today.
Thu, 01 Mar, 2007
Catalogue and internet sales came to the rescue of Next today after the fashion chain endured a worse-than-expected time on the high street.
Thu, 04 Jan, 2007
Music store and bookshop owner HMV became the latest retailer to count the cost of the World Cup as it reported plummeting sales today.
Thu, 06 Jul, 2006
Supermarket giant Tesco saw its shares hit a record high today on a report that it wanted to unlock more value from its £12bn (€17bn) property empire.
Fri, 24 Mar, 2006
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