All City & finance articles – Page 189
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NewsWilko chief operating officer and digital director exit
Wilko’s chief operating officer Sean Toal and the boss of its digital division Sean Emmett have both stepped down amid a board reshuffle, Retail Week can reveal.
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AnalysisOpinion: Debenhams' future is in Mike Ashley's hands
Mike Ashley’s spectacularly engineered coup at Debenhams’ AGM sent shockwaves through the industry at the tail end of Super Thursday.
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NewsNew Look strikes deal to slash £1.3bn debt pile
New Look has struck a debt-for-equity deal with a group of key stakeholders in a bid to shore up its balance sheet.
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NewsJD Sports targets ‘upper end’ of profit guidance
JD Sports is on track to register earnings “at the upper end” of market expectations after hailing “further significant progress” during the Christmas trading period.
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VideoWatch: What next for Debenhams after AGM coup?
Debenhams chair Sir Ian Cheshire and boss Sergio Bucher were both ousted from the retailer’s board following a dramatic AGM yesterday.
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NewsAgenda: Retailers update on Christmas trading
Retail Week looks ahead to the next seven days with Christmas updates from JD Sports, Boohoo, Primark, The Works and N Brown all on the agenda.
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NewsLidl woos shoppers with premium lines as festive sales jump
Lidl has recorded a spike in sales during the crucial Christmas trading period as its premium ranges wooed shoppers from mainstream grocery rivals.
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NewsAO.com cashes in on Black Friday with record November
AO.com has registered an increase in third-quarter sales, fuelled by its “highest sales month ever” in November.
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NewsMoss Bros hails sales progress in ‘challenging’ market
Moss Bros has toasted improvements in sales during the second half of its financial year, against what it called a “challenging consumer backdrop”.
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NewsQuiz warns on profits as festive discounting hits margins
Quiz has issued a fresh profit warning after sales during the crucial Christmas trading period fell “below expectations”.
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AnalysisAnalysis: Were grocers hit by Christmas ‘downtrading’?
As the countdown to Christmas ticked into December – and political uncertainty continued to swirl – two schools of thought appeared to emerge among grocery retailers.
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NewsB&M sales dip after 'difficult' November
B&M suffered a 1.6% fall in like-for-like revenues in its third quarter.
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NewsHalfords warns on profits as Christmas sales skid
Halfords recorded a fall in Christmas sales as “exceptionally mild weather and ongoing weak consumer confidence” impacted its performance.
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NewsCard Factory hails 'strong' Christmas trading period
Card Factory has hailed a “strong” Christmas trading period despite flat full-year like for likes.
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NewsM&S Christmas sales slump in 'difficult' market
Marks & Spencer posted sales declines across its clothing, food and international divisions over the Christmas period, but boss Steve Rowe hailed the retailer’s “steady” performance.
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NewsJohn Lewis Christmas sales boost driven by fashion
John Lewis has posted an increase in festive sales bolstered by record Black Friday and Christmas Eve sales.
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NewsTesco 'outperforms' grocery rivals with festive sales lift
Tesco has racked up its 12th consecutive quarter of growth as Britain’s biggest grocer said it “outperformed” the market in the crucial Christmas period.
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NewsDFS sales rise despite challenging conditions
DFS has reported a rise in gross sales of 10% over a five-month period, despite what it described as a “challenging consumer environment”.