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Topshop owner says trading "extremely challenging"
News Arcadia Group, the private owner of Topshop, Miss Selfridge and BHS says it will be forced to close 260 stores in the coming year as tough conditions on the high street and higher input costs make life difficult for retailers.
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Dixons beats expectations but losses grow
News Dixons Retail, the struggling electrical retailer, appears to be stemming losses as it seeks to transform itself into a service led company.
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LFL sales slow at JD Sports
News High street sports retailer JD Sports Fashion has seen the growth of like-for-like (LFL) sales slow down in the sixteen weeks ended 19 November due to the ongoing troubles facing the everyday consumer.
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Capital Shopping signs new finance deal with banks
News Capital Shopping Centres (CSC), the FTSE 100 real estate investment trust focused on the retail sector, has put in place a £375m revolving credit facility which will be used to "provide general group liquidity".
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Game Group peers in to the abyss
News Game Group, the computer game retailer, has seen its share price collapse this morning after issuing a warning that revenues will be worse than it predicted back in September.
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Burberry ramps divi as profits top expectations
News Burberry, the FTSE 100 luxury fashion retailer, has seen profits before tax rise 26% to £162m on revenues of £830m, up 29% on the equivalent period of 2010.
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Sales down at WH Smith
News Books and stationary retailer WH Smith has reported that its sales in the first 10 weeks of the financial year were down 3%, with like-for-like sales (LFL) down 6% compared to the same period last year.
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Kesa sells Comet for £2
News Electrical good retailers Comet is to be sold to a private equity firm for just £2.
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Tesco's Leahy cashes in before checking out
Features Tesco's departing chief executive Sir Terry Leahy has pocketed more than £3.3m from a sale of shares in the UK's number one supermarket.
Features