All City & finance articles – Page 259
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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.
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NewsPaperchase appoints former Pets boss as new chairman
Paperchase has appointed former Pets at Home chief executive Nick Wood as its chairman.
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OpinionOpinion: Tesco and Booker could spark c-store consolidation
If question marks remained over whether Tesco was truly back on the front foot, a frenetic Friday has laid those doubts firmly to rest.
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NewsToday in Retail: Tesco's new chapter with Booker buy
Tesco served up a surprise today with news that it is buying wholesaler Booker Group in a £3.7bn deal.
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Opinion
Opinion: Tesco Lewis' love-in masks flies in the ointment
In a bid to convince this was a ‘merger’ not a takeover, Tesco and Booker’s bosses studiously took it in turns to speak during today’s press conference.
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News
French Connection signals director departure
French Connection has reportedly indicated that two of its non-executive directors are to step down, in a victory for investor pressure.
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NewsTesco boss Lewis reveals Cousins quit over Booker deal
Tesco boss Dave Lewis has admitted that non-executive director Richard Cousins quit the grocer because he disagreed with the Booker deal.
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AnalysisAt a glance: What do we know about Booker Group?
News this morning that Tesco is buying Booker Group in a £3.7bn mega-deal was a bolt from the blue. We take a closer look at the wholesale business.















