All City & finance articles – Page 318
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NewsBooker Group gets CMA approval for £40m Londis, Budgens deal
Booker Group has been given the green light by regulators to complete its £40m acquisition of convenience retailers Londis and Budgens.
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NewsChristo Wiese claims value trend is 'here to stay' as Pep & Co launch successful
South African billionaire Christo Wiese believes consumers’ obsession with value is “here to stay” and the opportunity for up to 500 Pep & Co stores in the UK remains.
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NewsTesco 'chooses preferred bidder' for South Korean business as sale nears
Tesco is remaining tight-lipped on the future of its South Korean business despite reports that it has chosen a preferred bidder for the chain.
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NewsHalfords warns of falling cycling sales but remains confident on profits
Halfords has warned that cycling sales have plummeted in its second quarter to date, but bosses remain confident it will meet profit forecasts.
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AnalysisAnalysis: Original Factory Shop's quest to become the UK's best-loved retailer
The Original Factory Shop chief executive Tony Page has lofty ambitions for a retailer that he has dubbed a “well-kept secret”.
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OpinionTesco under Lewis: A share price rollercoaster ride for investors
In the year since Dave Lewis joined Tesco, its share price has had just as much of a rollercoaster ride as the chief executive himself.
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NewsFashion retailer Joules' profits soar ahead of 100th store opening
British fashion retailer and brand Joules has reported a 36% jump in full-year pre-tax profits as its celebrates its 25th anniversary.
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NewsThe Hut Group eyes expansion and potential acquisitions with £210m loan
The Hut Group has secured loan terms with its banks as it eyes UK and international expansion as well as potential mergers and acquisitions.
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OpinionComment: Leadership lessons from Dave Lewis’s first year at Tesco
As Dave Lewis reaches his first anniversary as chief executive of Tesco, it is fair to say he’s had a pretty tough year.
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NewsWoolworths chairman exits as Australian grocer reports 12% profit slump
Woolworths chairman Ralph Waters will leave the struggling supermarket chain next week after the retailer revealed full-year profits nose-dived.
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AnalysisTesco under Lewis: A 'make or break' year looms large for the grocer’s boss
To say Dave Lewis has been on the proverbial rollercoaster ride since taking the Tesco hot seat a year ago would be an understatement.
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NewsFormer Tesco boss Philip Clarke summoned by Serious Fraud Office
Former Tesco chief executive Philip Clarke has been summoned for an interview by the Serious Fraud Office over the grocer’s accounting scandal.
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NewsBreakfast briefing: Retail news on Tesco, consumer confidence and TK Maxx
Retail news round-up on August 28, 2015: Fraud office summons ex-Tesco chief for interrogation and August consumer morale unexpectedly up.
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NewsFurniture Village profits surge as it gears up for website relaunch
Furniture Village has recorded a surge in profits for the year and cleared its bank debts as it gears up to relaunch its website.
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NewsSignet's UK sales hit in second quarter by exchange rates
Ernest Jones owner Signet has recorded a dip in total sales at its UK division during its second quarter after being hit by currency exchange rates.
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AnalysisRetail share prices: Stores fall amid China turmoil but Poundland deal approved
Food and general retailers alike were down with the market as the effects of financial turmoil in China were felt in markets globally.
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NewsThe Original Factory Shop profits surge as it overcomes supply chain issues
The Original Factory Shop has recorded a huge surge in full-year profits after a three-year transformation plan got off to a strong start.
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VideoWatch: How global grocery sales are forecast to rise by 2020
Grocery sales are poised to rocket in India and Nigeria according to IGD. Find out how other countries will fare over the next five years.
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OpinionChina crisis could take toll on UK retailers at home and abroad
China’s financial fortune cookie looks as if it may be in danger of being smashed to smithereens as investors worldwide dump equities.
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NewsPoundland to scrap 99p Stores fascia but retain all its shops
Poundland will scrap the 99p Stores fascia and replace it with its own name, following news of provisional regulatory clearance for the £55m takeover.