All City & finance articles – Page 344
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NewsNew Look to move into new London flagship in Oxford Circus
New Look is to move into a 31,800 sq ft flagship store in London’s Oxford Circus in 2017.
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NewsEtsy to float on New York Stock Exchange as it seeks to raise $100m
Online craft marketplace Etsy has filed its intention to float on the New York Stock Exchange as it seeks to raise $100m (£66m) from the IPO.
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NewsBreakfast Briefing: Retail news on Amazon, Farfetch and Harvey Norman
Retail news round-up on March 5, 2015: ASA bans Amazon’s misleading Prime ‘free trial’ ad, Farfetch raises financing, Harvey Norman reduces Irish losses
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OpinionComment: Ao.com may have wobbled but it has not wilted
Ao.com has had a turbulent year, with the retailer floating, soaring in value and issuing a profit warning within 12 months.
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OpinionComment: Thorntons strives to restore an eggcellent performance
The chocolatier’s efforts to turn itself into an FMCG business have turned soft as a Belgian truffle but its brand is still strong.
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NewsTK Maxx and HomeSense owner TJX records $325m full-year profit in Europe
TX Maxx owner TJX Europe’s profits increased 15% to $325m (£211.5m) this year.
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NewsMcColl’s demonstrates strength of convenience as it posts strong first quarter
McColl’s Retail Group has posted an increase in profits and revenue in its first full-year trading figures since its IPO last February.
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NewsWickes' 2014 profits jump 22.7% as transformation programme kicks in
Travis Perkins’ consumer arm, which largely consists of Wickes, has reported its adjusted operating profit increased 22.7% to £77m.
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NewsBreakfast Briefing: Retail news on Tesco, Morrisons, Reiss and more
Retail news round-up on March 3, 2015: Another manager poised to exit Tesco, Morrisons look to pay more sustainable dividend, Reiss to debut in Canada.
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NewsMarks & Spencer unveils China expansion as Asia boss steps down
Marks & Spencer has unveiled plans for further expansion in China on the same morning it was revealed its head of Asia quit the retailer.
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NewsTK Maxx airs its first ever Red Nose Day TV advert
TK Maxx aired its first ever TV advert for Red Nose Day during the week, starring singer Lily Allen wearing a charity T-shirt.
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NewsBillionaire Buffett admits 'embarrassment' over Tesco investment
Billionaire investor Warren Buffett has admitted he is “embarrassed” for taking too long to exit a £1.5bn investment in supermarket giant Tesco.
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NewsSports Direct faces City backlash over search for finance director
Sports Direct is facing growing unrest among its shareholders over the retailer’s ongoing search for a new finance director.
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NewsTPG 'in advanced talks' over £120m deal to acquire Poundworld
TPG is reportedly in advanced talks to buy Poundworld in a deal that could be worth more than £120m.
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NewsGame Digital acquires games festival organiser Multiplay for £20m
Video games retailer Game Digital has acquired games festival organiser Multiplay for £20m as it seeks to improve its fortunes.
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NewsBreakfast Briefing: Retail news on Poundworld, Morrisons, Sports Direct, Tesco and more
Retail news round-up on March 2, 2015: TPG could acquire Poundworld, Dunelm founder buys Morrisons stake, investors concern over Sports Direct’s delay on finance director and more.
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NewsAldi's brand value surges 11% as it surpasses Tesco
Aldi’s brand value rose 11% to £9.2bn in the past year, making it more valuable than Tesco whose brand value plummeted by £3.6bn this year.
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NewsTarget security costs reached $162m following 2013 data breach
Target has revealed its 2013 security breach, which compromised customer data, has cost the business $162m (£105m).
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NewsCo-op drafts in finance chief and reveals new heads of IT and communications
The Co-operative Group has confirmed that it has hired a new chief financial officer, but cannot reveal their name due to confidentiality clauses.
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NewsJC Penney shares take a hit after posting unexpected loss
US department store group JC Penney saw its shares take a tumble last night after the retailer posted lower than expected results.