All City & finance articles – Page 254
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NewsTesco offloads opticians business to Vision Express
Tesco has sold its opticians business to Vision Express as the grocer continues a drive to “simplify its business.”
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NewsBurberry retail sales rise driven by UK performance
Burberry has registered a jump in retail sales during its second half, driven by the “exceptional performance” of its UK business.
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NewsBonmarché profits on track despite like-for-likes slump
Bonmarché expects full-year profits to meet expectations despite suffering a slump in like-for-like sales in its stores.
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NewsNext boss Wolfson's pay slashed after fall in profits
Next boss Lord Wolfson’s pay package was more than halved after the fashion giant suffered declining profits for the first time in eight years.
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NewsJaeger swings axe on stores and head office jobs
Jaeger’s administrators have swung the axe on the collapsed retailer’s “financially unviable” stores in a move that will result in more than 200 job losses.
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OpinionOpinion: A real brand is more than a name on a label
What makes a brand really worthy of the name?
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NewsB&Q boss Michael Loeve to leave after two years in role
B&Q chief executive Michael Loeve is to step down after almost two years at the helm of the DIY chain, Retail Week can reveal.
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NewsHouse of Fraser to reveal new boss by end of the month
House of Fraser will reveal its new chief executive by the end of this month, following the resignation of Nigel Oddy last October.
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NewsHouse of Fraser reports full-year profits rise
House of Fraser more than doubled its pre-tax profits last year to £3.4m from £1.3m.
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NewsSports Direct snaps up two US outdoor goods retailers
Sports Direct has bagged two US outdoor chains after making a debt purchase and loan.
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AnalysisBHS one year on: Repercussions of the retailer’s demise
The collapse of BHS had a far-reaching impact across retail and has influenced attitudes on everything from corporate governance to the future of department stores.
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NewsQuiz eyes £200m float as founding family seeks payday
Fashion retailer Quiz is considering a £200m stock market listing.
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AnalysisBHS one year on: Where are the key players now?
A large cast of characters featured in the bleak plot of BHS’s high-street demise. One year on, what’s happened to them all?
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OpinionTesco is on the up, even if its share price isn't
Sometimes the market moves in mysterious ways. If its reaction to Tesco’s prelims were anything to go by, you would have thought profits had nosedived.
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AnalysisData: Can Dave Lewis overcome Tesco’s margin challenge?
Tesco’s recovery is in full swing, but much work remains to reach its ambitious margin target
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OpinionWhat to expect from Debenhams' strategic update
When Debenhams’ new chief executive Sergio Bucher unveils his strategy next Thursday, expect to hear about what might be described as social shopping.
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AnalysisAgenda: Debenhams, Primark, Burberry and Zalando
Retail Week looks ahead to the next seven days, with financial updates from Primark, Debenhams, Burberry and Zalando all on the agenda.
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AnalysisAnalysis: Seven things we learned from Tesco’s results
Tesco’s turnaround gathered further momentum today as it unveiled a spike in operating profit. Here are seven things we learned from its full-year results.
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NewsToday in retail: Tesco and WHSmith celebrate progress
Today has brought a raft of financial results and Tesco’s prelims, inevitably, grabbed most of the attention.
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OpinionClive Black: Tesco under pressure to deliver good news
Tesco’s preliminary results reveal more good progress with the recovery that has been engineered and delivered through Dave Lewis.