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Tesco Extra Watford has devoted floor space to concessions Harris + Hoole and Euphorium Bakery

Tesco profits fall as trading environment changes 'more rapidly than ever'

Tesco’s group trading profit plunged 6% to £3.3bn last year and boss Philip Clarke warned that the trading environment is changing more rapidly than ever.

Tesco chief executive Philip Clarke on the grocer\'s full-year results

Video: Tesco chief executive Philip Clarke on the grocer's full-year profits fall Video

Tesco reported a fall in full-year profits today. Here, chief executive Philip Clarke talks about the results.

Breakfast briefing

Breakfast briefing: Retail news on Tesco and Burberry

Retail news round-up on April 16, 2014: Tesco profits fall as trading environment ‘changes more rapidly than ever before’ and Burberry second half sales rise.

Debenhams_sale

Debenhams revises promotional strategy as profits tumble

Debenhams is revising its promotional strategy as first-half profits plunged owing to excessive discounting and weakness in its multichannel offer.

JD Sports has posted strong full year results

JD Sports full-year profits soar 27.3% driven by growth in core fascias

JD Sports full-year profit before tax and exceptional items surged 27.3% to £77m powered by growth at the retailer’s core JD fascia.

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The retailer has posted a fall in its half-year results

Debenhams half-year figures: What the analysts say

A flurry of promotions hit Debenhams’ half year results, with the department store group reporting a 24.5% fall in pre tax profit. Retail Week rounds up what the analysts are saying.

Sanpower is now the majority owner of House of Fraser

Analysis: Who is House of Fraser's new owner Sanpower?

Chinese Sanpower has acquired an 89% stake in House of Fraser, valuing it at £480m. Retail-Week.com takes a look at the story behind Sanpower.

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