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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.
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Ocado IPO: Don't touch it with a bargepole
Features Ocado's flotation is like something out of the dotcom boom: an over-valued, loss making company in a desperate call for cash. But it's a great lesson in what to look out for in new issues, say Bengt Saelensminde.
Features