All City & finance articles – Page 309
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NewsHalfords first-half profits drop after 'disappointing' cycling performance
Halfords has reported a drop in first-half pre-tax profits following a disappointing cycling performance in its second quarter.
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NewsBreakfast briefing: Retail news on Sunday trading, BhS, Asda and more
Retail news round-up on November 12, 2015: Liberal Democrats back longer Sunday trading, Bhs eyes more funding, and ex-Asda marketing boss joins Homebase
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NewsSainsbury's boss Coupe says grocer has 'over-delivered' despite profit drop
Sainsbury’s boss Mike Coupe insists the grocer has “over-delivered” on its strategy, despite reporting plunging profits during its first-half.
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AnalysisSainsbury's first-half profits fall: What the analysts say
Grocer Sainsbury’s underlying pre-tax profit slumped 17.9% to £308m for the half year. This is what the analysts said.
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NewsSainsbury's pre-tax profits fall 17.9% to £308m during its first half
Sainsbury’s underlying pre-tax profit slumped 17.9% to £308m for the half year as the grocer continued to slash its prices.
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NewsNew Look plans up to 20 more standalone menswear stores
New Look is aiming to open up to 20 more standalone menswear stores in the next 18 months as an initial roll-out has proved successful.
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Analysis£50m investment for Poundworld to open 60 new stores a year
Poundworld has secured £50m from Santander to support its store expansion plan and a new 500,000 sq ft warehouse.
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OpinionBlack Friday may be a nightmare before Christmas for retailers
Sales have already taken a hit in anticipation of Black Friday discounting, but the full extent of its impact remains to be seen.
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NewsNew Look half-year sales boosted by new standalone men's stores
Fashion retailer New Look has reported a healthy rise in half-year profits and sales, with its first standalone menswear stores performing strongly.
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NewsSex toy etailer Lovehoney full-year sales and profits soar
Sex toy etailer Lovehoney has revealed a 53% jump in full-year sales fuelled by the continuing popularity of Fifty Shades of Grey.
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NewsSports Direct calls for Findel general meeting over director appointment
Sports Direct has requested a general meeting be convened by home shopping group Findel to consider a director appointment.
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NewsMatalan downgraded by credit ratings agency S&P after profits plunge
Ratings agency Standard & Poor’s has downgraded value clothing and homewares retailer Matalan’s risk profile from weak to vulnerable.
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NewsAgenda: Kingfisher update, Sainsbury's and Halfords report interims
November 9-13, 2015: Retail Week looks ahead to the next seven days, with updates from Kingfisher, Sainsbury’s and Halfords all on the agenda.
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VideoThe Retail Week: Asda's Black Friday U-turn, Morrisons Q3 and M&S results
Catch up on this week’s big retail stories with analysis from news editor James Wilmore and reporter Luke Tugby.
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NewsMorrisons boss Potts argues price matching is wrong approach
Morrisons boss David Potts has said it has moved away from price matching as it aims to be recognised for its friendly staff, fresh food and good value.
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AnalysisSuperGroup's half-year results: What the analysts say
SuperGroup has pulled off another strong half, increasing like-for-like retail sales 17.2% while preparing the ground for further global expansion. Here’s what the analysts had to say.
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AnalysisMorrisons' third-quarter results: What the analysts say
Grocer Morrisons reported a 2.6% drop in third-quarter like-for-likes today as it continues to invest in price and reduces its voucher activity.
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NewsMorrisons like-for-likes drop 2.6% in third quarter as it cuts voucher activity
Morrisons recorded another fall in like-for-likes during its third quarter as it continues to invest in price and reduces its voucher activity.
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NewsSuperGroup like-for-likes surge as it appoints global retail director
SuperGroup like-for-likes surge in the second quarter against weak comparatives as it hires a global retail director to strengthen its logistics.
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NewsM&S signs up 1.8m Sparks members as customers shrug off data fears
M&S has so far signed up 1.8 million shoppers to its Sparks membership scheme and a website data scare has not hit applications to join.