All City & finance articles – Page 255
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NewsBooker bids to convince retailers over Tesco deal
Booker bosses will kick-start a tour of the UK tomorrow as they bid to convince independent retailers of its shock £3.7bn merger with Tesco.
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NewsNew Look sales and profits plunge in third quarter
New Look suffered plunging sales and profits during the crucial Christmas quarter as it lamented the “extremely challenging” trading environment.
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NewsBoohoo.com on track to complete Nasty Gal acquisition
Booohoo.com is set to complete its acquisition of Nasty Gal as no other qualifying bids for the retailer have been received.
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OpinionOpinion: Mike Ashley can never be second-guessed
As Sport Direct’s founder Mike Ashley freely admits, he can’t be “house trained”.
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AnalysisAgenda: Dunelm, DFS and grocery market share updates
Retail Week looks ahead to the next seven days, with half year results from Dunelm, a pre-close update from DFS and the latest grocery market share data on the agenda.
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NewsMajority of retail chiefs primed for growth in 2017
The majority of retailers expect their businesses to grow in 2017, despite the headwinds brought by Brexit and general political uncertainty.
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OpinionOpinion: Cousins’ resignation an example to non-execs
Adamant the Booker deal is wrong for Tesco, Richard Cousins voted with his feet – so why does the acquisition have unanimous support from other non-execs?
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NewsShop prices fall in January amid post-Christmas Sales
Shop prices dropped last month as January Sales in the fashion, footwear, furniture, and electricals drove deflation.
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NewsToday in Retail: Ocado ramps up international efforts
Ocado didn’t make much of a song and dance about the eye-catching appointment of former Sainsbury’s executive Luke Jensen.
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OpinionOpinion: Ocado's need for an international deal is critical
Ocado’s business model means it has had to invest massively to build scale – and this has continued to weigh on the profitability of the etailer.
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OpinionWill Tesco and Booker create a Big Food Group Mk II?
Big Food Group revisited was the first reaction of many – or perhaps the second, after sheer surprise – when news of Tesco’s planned tie-up with Booker flashed up on screens.
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NewsScS pleased by orders rise against tough comparatives
Sofas and floorings specialist ScS has posted a rise in like-for-like order intake.
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NewsOcado full-year profits spike as customer base widens
Ocado has registered a jump in full-year profits and sales as its customer base continued to demonstrate strong growth.
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NewsJoules first-half profits rise as customer numbers grow
Fashion retailer Joules has posted a rise in sales and profits during its first half.
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NewsCarpetright celebrates return to sales growth in UK
Carpetright has reported a return to quarterly sales growth in the UK and said its turnaround strategy is on track.
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NewsH&M profits hit by discounting and higher sourcing costs
H&M said its full-year profits were dented by discounting and higher purchasing costs stemming from the strength of the US dollar.
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NewsTofs empowers local stores as Christmas sales climb
Tofs sales grew this Christmas, driven by seasonal products and a greater focus on local service.
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OpinionOpinion: Making sense of retail’s Christmas updates
What are we to make of the Christmas trading statements? And what are we to make of the latest Office for National Statistics numbers for December?
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NewsConviviality swings to black but retail like-for-likes fall
Conviviality has hailed a return to profit during its first half, despite a fall in like-for-like retail sales.
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NewsAgent Provocateur offers flood in as sales talks progress
Troubled lingerie chain Agent Provocateur has attracted more than a dozen bidders, according to reports.