All City & finance articles – Page 330
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NewsCard Factory first-quarter sales climb 7.5% as new stores drive trade
Card Factory has reported that its first-quarter sales rose 7.5%, helped by the roll-out of new stores and online growth.
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News
Tiger continues rapid expansion as parent Zebra's profits soar
Zebra, the owner of value retailer Tiger, recorded a 68% jump in pre-tax profits to 196m krone (£18.6m), driven by rapid expansion.
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VideoWatch: The Booker Group – from ships to shops in 60 seconds
The Booker Group has purchased Budgens and Londis. Retail Week takes a look at how the business arrived at where it is today.
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InterviewInterview: Ann Summers boss on turning the business back to profitability
Ann Summers chief executive Jacqueline Gold reveals how she is bringing the sex toy and lingerie business back into the black.
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OpinionBooker’s Wilson ups convenience retail ante with Londis and Budgens deal
When Charles Wilson left Marks & Spencer to join Booker as chief executive in 2005, many observers’ eyebrows leaped in surprise.
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AnalysisAnalysis: What does the UK's drop into deflation mean for retailers?
Britain has fallen into deflation for the first time in more than half a century, driven by falling fuel costs and the grocery price war.
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NewsMoss Bros like-for-likes jump 7.4% as ecommerce momentum continues
Formalwear retailer Moss Bros has reported a 7.4% jump in like-for-likes as bosses remain “confident” of hitting targets.
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VideoThe Retail Week: M&S results, Asda Q1 and Kingfisher with Tony Shiret
Content editor Nicola Harrison sits down with Besi senior analyst Tony Shiret to discuss the top stories from the past seven days.
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NewsMothercare boss warns it's still "early days" as turnaround takes shape
Mark Newton-Jones has admitted it has been a “hell of a year” and is still “early days” as he bids to turn around the buggy and babywear retailer.
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NewsTesco boss Dave Lewis paid £4.1m in first six months in role
Tesco boss Dave Lewis has been paid £4.1m in his first six months at the struggling grocer, the retailer’s annual report has revealed.
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OpinionWill Marc Bolland have a fairytale ending at Marks & Spencer?
After years of disappointing the City, Marks & Spencer boss Marc Bolland was finally able to present a cheerful set of figures yesterday.
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NewsBooker Group to acquire Londis and Budgens in £40m deal
Booker Group has agreed a deal to buy Musgrave Retail Partners’ GB business – which includes convenience retailers Londis and Budgens – for £40m.
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Analysis
How Marks & Spencer plans to ensure continued profit momentum
After revealing a healthy lift in full-year profits, Retail Week looks at how M&S plans to continue the momentum.
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NewsM&S boss: I’m happy with health of the business, but still more to do
Marks & Spencer’s boss Marc Bolland believes it still has plenty to do as part of its turnaround, but said he is “enjoying” the challenge.
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NewsInterview: Charles Tyrwhitt founder Nick Wheeler on succeeding in menswear
Charles Tyrwhitt founder Nick Wheeler reveals his thoughts on the direction of the menswear retailer, service and men’s shopping habits.
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AnalysisM&S reports first profit rise in four years: What the analysts say
Marks & Spencer has reported its first profit rise in four years after a strong performance from its food business. Here is what the analysts say.
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NewsBurberry full-year profits rise but profit guidance for next year lowered
Burberry has posted a rise in underlying pre-tax profits but has lowered its profit guidance for next year due to foreign exchange movements.
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NewsMarks & Spencer profits grow but fashion remains challenging
Marks & Spencer has reported its first profit rise in four years but posted disappointing results in fashion, blaming the warm autumn.
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NewsBreakfast Briefing: Retail news on Scotland, Walmart and Which?
Retail news round-up on May 20, 2015: Scottish retail sales down, Walmart’s first-quarter profits slump, Which? accuses grocers still misleading shoppers, and more.
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Video
Watch: HMV's long and winding road to recovery in 60 seconds
From administration to reporting a profit and expanding its estate, Short Cuts explores the ups and downs of HMV’s retail journey.

















