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Marks & Spencer has suffered a further erosion of fashion market share, the latest Kantar fashion retail data has shown.
99p Stores has unveiled rising profits and is preparing to expand its grocery offer in its biggest investment programme.
SuperGroup has become the latest fashion retailer to issue a profit warning after the unseasonably warm weather in September and October.
Paperchase has increased pre-tax profits for the year to £741,000 on the back of improving turnover as it gears up for a sale.
Harrods operating profit jumped 13% to £122.9m in its year to February 1 as sales rose 10.8% to £794m for the luxury department store.
The Serious Fraud Office (SFO) has launched a criminal probe into accounting irregularities that resulted in Tesco’s overstatement of profits.
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Tesco and Morrisons are both battling to turn themselves around in the face of an extraordinary structural shift in grocery.
It’s a sign of the closeness of Asos’s top directors, the chief executive and finance boss, that they are often referred to simply as the Nicks.
Tesco was dumped in the remainder bin by the City after new boss Dave Lewis lifted the lid on results delayed by the grocer’s accounting scandal.
The fall in consumer spending in September is not good news for the long-suffering high street retailer.