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Next has increased full-year expectations for the second time this year, following a bumper first half.

Next raises full-year profit guidance for second time this year

Next has increased its full-year expectations for the second time this year, following a bumper first half as it hits the expansion trail for its home format.

Latest news & analysis

Grocery market growth falls to lowest level in ten years as price war escalates

Grocery market growth falls to lowest level in 10 years as price war escalates

Grocery market growth fell to 0.9% in the 12 weeks ending July 20, the lowest level for 10 years, as the price war takes hold of the sector.

Next, Oxford St

Comment: As it revises full-year profits up again, what is Next doing right?

There’s no doubt that Next is now an established leader on the British high street. Its stores are everywhere and yummy mummies rave about it.

Debenhams

In the news: Debenhams incoming chief financial officer Matt Smith profiled

Mothercare’s Matt Smith was given one of the top jobs in retail finance over the weekend when he was unveiled as the new chief financial officer of Debenhams.

Carpetright has posted total sales up 5.2 per cent in the 13 weeks to July 26.

Carpetright records quarterly sales growth up 5.2%

Carpet and floor coverings specialist Carpetright has posted total sales up 5.2% in the 13 weeks to July 26.

TescoWatford2

Comment: Is a business rates 'Tesco tax' tax the right way to go?

The tables were turned again on major retailers this weekend when a coalition of local councils made a tough proposal to the Government.

Breakfast briefing

Breakfast briefing: Retail news on Morrisons, Next and Carpetright

Retail news round-up on July 29, 2014: Poundland appoints former Carpetright boss Darren Shapland as its chairman, Next raises full-year profit guidance for second time and Carpetright posts 5.2% sales jump

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