All City & finance articles – Page 307
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NewsMountain Warehouse bucks the trend as Christmas like-for-likes jump
Mountain Warehouse has revealed a 14.7% jump in like-for-likes over Black Friday and Christmas and aims to open 15 more UK stores this year.
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NewsUniqlo owner Fast Retailing cuts profits forecast as warm weather hits sales
Fast Retailing’s first-quarter group profits have dived after mild weather hampered sales at its Uniqlo business.
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NewsSports Direct warns on profits after mild weather hampers sales
Sports Direct has warned it will miss its full-year profits forecast as worsening trading conditions and mild weather have hit its performance.
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NewsBoots gets boost from online as first-quarter sales rise
Boots has revealed a slight lift in sales in its first quarter driven by an 11.2% jump in online sales.
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AnalysisAnalysis: Marc Bolland's successes and failures as M&S boss
Marc Bolland is stepping down as boss of M&S in April after six years at the helm. Retail Week looks back at his key milestones.
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VideoWatch: Day of drama at M&S as Marc Bolland announces departure
With Marc Bolland leaving Marks & Spencer in April, we examine his impact and the journey taken by Steve Rowe from shopfloor to chief exec.
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NewsPoundland boss admits disappointment over Christmas trading
Poundland boss Jim McCarthy has admitted he is “disappointed” by Christmas trading and said the threat of terrorism may have deterred shoppers.
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AnalysisProfile: New Marks & Spencer chief executive Steve Rowe
New Marks & Spencer boss Steve Rowe is used to life on the frontline having been with the retailer for most of the last 26 years.
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NewsBolland hands M&S baton to Steve Rowe: What the analysts say
Following a “disappointing” Christmas in its general merchandise division, M&S boss Marc Bolland is to exit. This is what the analysts said.
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NewsPoundland sales rise dampened by quieter high street over Christmas
Poundland’s full-year profits will come in at the lower end of consensus after decreased high street footfall dampened its Christmas sales.
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NewsRowe named M&S boss as Bolland departs following clothing sales fall
Marks & Spencer boss Marc Bolland is quitting the retailer and will and hand the baton to executive director of general merchandise Steve Rowe.
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OpinionOpinion: Consumer focus will mark out retail winners in 2016
While the golden quarter may have disappointed, 2016 is a new opportunity for retail to return to growth by focusing on consumer experience.
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NewsMamas & Papas reports rise in Christmas sales as turnaround continues
Maternity retailer Mamas & Papas has revealed a strong Christmas performance as its management presses on with a turnaround of the business.
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NewsBreakfast briefing: Retail news on Home Retail share trading and Next
Retail news round-up on January 6, 2016: City regulator to probe Home Retail share trading, Dunnes Stores parts way with auditor E&Y and Next's Israel plans.
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NewsShop prices tumble as fashion retailers go on discount frenzy in December
Prices in British stores continued to fall in December, as retailers resorted to aggressive discounting in order to woo customers.
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AnalysisAnalysis: Sainsbury's bid interest in Home Retail - the key questions answered
Sainsbury’s revealed today it approached Home Retail about a takeover in November. The approach was rejected but the grocer may still try again.
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NewsWaterstones shrugs off high street gloom with Christmas sales rise
Waterstones recorded growth across all categories in the festive season, thanks to more books “under the Christmas tree” this year.
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AnalysisAnalysis: Next's disappointing Christmas sales update prompts fears
Alarm bells rang across the sector today when fashion bellwether Next reported a dramatically worse than expected Christmas trading period.
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AnalysisNext’s Christmas trading disappoints: What the analysts say
Next has been hit by mild weather and stock issues with sales up 0.4% in the two weeks to Christmas Eve. Here is what the analysts say.
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OpinionOpinion: Sports Direct made headlines, but JD Sports was the winner in 2015
The new year has started like the old one ended, as controversial sports retailer Sports Direct continues to hit the headlines.