All City & finance articles – Page 154
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NewsJoules profits hit by later fall of Black Friday
Joules has blamed the later fall of Black Friday for a slump in half-year profitability.
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NewsSosandar to beat full-year sales target after record Christmas
Sosandar, the online womenswear specialist, will beat full-year sales expectations after a strong Christmas performance.
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NewsIntu to raise new equity in battle to repair balance sheet
Retail property giant Intu intends to raise new equity as it seeks to fix its balance sheet.
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NewsBeales collapses into administration
Department store Beales has fallen into administration today after a crunch meeting about the future of the business failed to prevent collapse.
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NewsMoss Bros sales fall amid ‘challenging’ marketplace
Moss Bros has hailed “good progress” with its strategy despite a fall in sales during the second half of its financial year.
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NewsHalfords maintains profit guidance after ‘solid’ festive sales
Halfords has maintained its full-year profit guidance after clocking up a “solid” sales performance during the golden quarter.
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NewsTravis Perkins names new Wickes chair as demerger progresses
Travis Perkins has appointed a new chair designate of Wickes as part of its ongoing process to demerge the businesses this year.
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NewsBooths Christmas sales rise boosted by own brand
Booths has posted a rise in Christmas sales as the grocery retailer’s like for likes increased, driven by sales of English wine and own-brand party food.
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NewsVery posts Christmas sales rise bolstered by credit offering
Very.co.uk enjoyed a Christmas sales boost, but sister brand Littlewoods hampered parent company The Very Group’s overall festive trading.
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NewsQuiz Christmas sales slump in ‘disappointing’ festive performance
Quiz has posted a fall in sales over the festive period across stores and online against what boss Tarak Ramzan has described as a “challenging” trading backdrop.
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NewsDFS suffers sales fall but reassures on profits
DFS has reported a decline in sales but should hit earnings expectations despite tough trading conditions.
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NewsBoohoo sales rocket over Christmas
Online fashion specialist Boohoo has posted a strong Christmas sales performance.
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OpinionOpinion: Aldi’s Leader Price takeover will step up discounter push in Europe
Compared to other parts of the food retail business, the discounters are not renowned for their track record in mergers and acquisitions.
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NewsThe Fragrance Shop smells success with Christmas sales boost
The Fragrance Shop has reported an uplift in Christmas sales bolstered by online growth, but full-year profits slipped in “tough” market, Retail Week can reveal.
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NewsDebenhams to offload £200m executive pension scheme
Debenhams is reportedly in talks with Aviva about a buyout of its executive pension scheme.
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NewsBeales on brink of collapse after disappointing Christmas
The heritage department store has reportedly filed notice of intention to appoint administrators as it scrambles to secure a buyer.
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NewsHobbycraft Christmas sales buoyed by eco-conscious shoppers
Hobbycraft has posted a “strong” uplift in festive sales driven by online growth and demand for recyclable products.
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NewsJoules boss blames spreadsheet error for festive availabilities crisis
The boss of fashion brand Joules has blamed an error on a spreadsheet for the availabilities issue that cratered online sales over the festive period and forced the retailer to warn on profits for the year.
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NewsHolland & Barrett sales rise in ‘early stages’ of transformation
Holland & Barrett has posted a jump in festive sales as its clean beauty and vitamins categories drove growth.
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NewsLidl Christmas sales soar as non-food bucks sector trend
Lidl saw sales soar over the Christmas period as customer footfall increased and its general merchandise offering bucked the wider downward trend.