News

A chain of electrical stores under the Comet name is to be launched in a bid to fill the gap in the market left by the now-defunct retailer.

Market Report: Lloyds fails to save blue chips from insurers

It was a bumpy day for the City, as financial stocks played tug of war with the top tier. Two of the banks were flying, with Lloyds Banking Group topping the blue-chip index throughout the day, closely followed by Barclays.

Rent day for retailers piles on pressure at troubled chains

Quarterly rent demands arrive as retailers' problems mount up

Could some of Britain's biggest high-street names be forced to shut up shop?

A world without M&S? It couldn't happen... could it? One retail analyst and one style expert deliver their candid (and anonymous) verdicts on which of our stalwarts are streets ahead – and who might have to shut up shop

JJB rejects chief executive's resignation

JJB Sports has dramatically rejected the resignation of its chief executive Chris Ronnie, arguing that the statement issued by his lawyers to the press was done without its agreement.

Hundreds of job losses at JJB Sports

More than 400 workers in the lifestyle division of JJB Sports lost their jobs today after its OSC fashion retailer and Qube footwear stores went into administration.

Jobs in doubt at JJB Sports' lifestyle division

The future of 800 jobs was thrown into doubt today after JJB Sports said it planned to appoint administrators to its lifestyle division.

Which? survey unveils worst high street shops

Two of the best-known sports shops, JD Sports and JJB Sports, have been voted the worst retail chains on the high street.

JJB to investigate chief executive's share transfer

JJB Sports is to launch an investigation into its chief executive, Chris Ronnie, after discovering that his 27.5 per cent stake in the company was transferred to a stricken Icelandic bank at some point last year.

JD Sports and Jessops buck sales trend

Sportswear chain JD Sports Fashion bucked the Christmas retail gloom today with a bullish forecast of better-than-expected profits this year.

Market Report: Bright start in Asia helps the new year glow

The first session of the new year offered a little hope for those beleaguered traders in the Square Mile, although activity isn't really expected to start in earnest until Monday.

Credit crisis diary: 13/12/2008

Sorry is suddenly not the hardest word

Bankers are suddenly falling over themselves to say sorry. Joining the ever-growing list of bank directors who have apologised to their shareholders, Andy Hornby and Lord Stevenson, chief executive and chairman respectively of HBOS, were both at great pains to use the s-word during yesterday's EGM. Sadly, while the pair were expressing their remorse, HBOS shares were plunging another 23 per cent on the bank's soaring bad-debt figures. Looks like they'll soon have to apologise all over again.

Carnage on the high street as retailers feel the chill

The Pier and Envy chains collapse into administration

Market update - 7 November

The FTSE 100 was up 67.15 points at 4339.56 and the FTSE 250 climbed to 6623.54, up 102.52 points, at 11.57am today.

The high street: Ailing bank to be nationalised as UK shops feel the pinch

Sales and shares falling – and now the rent is due

Retailers on the brink as downturn deepens

*MFI, Hardy Amies near administration
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