All City & finance articles – Page 371
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NewsPhase Eight owner hires Rothschild to handle £300m sale
Phase Eight owner TowerBrook has hired Rothschild to conduct a sale of the womenswear retailer, which is expected to fetch £300m.
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NewsMySale full-year sales grow as it buys stake in Scandinavian rival
Etailer MySale, which counts Sir Philip Green and Mike Ashley among its investors, grew its full-year profits and has snapped up 60% of Invite to Buy.
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NewsBreakfast briefing: Retail news on Phones 4u, Phase Eight and footfall
Retail news round-up on September 15, 2014: Phones 4u goes into administration, Phase Eight owner hires Rothschild for sale, UK footfall drops 2.8% in August.
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AnalysisAnalysis: Why Will Adderley is back at the helm of Dunelm
The sudden departure of Nick Wharton of chief executive at Dunelm came as a surprise to many, but gives a clear idea of the future direction of the company.
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AnalysisBoohoo's half year: What the analysts say
Boohoo sales soared 31% in its half year. Retail Week takes a look at what the analysts say.
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NewsBoohoo's revenues surge 31% as all regions record growth
Boohoo’s revenues have jumped 31% year on year as it recorded growth across all regions for the half year.
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NewsBreakfast briefing: Retail news on Amazon, Aldi, Scottish independence and Ocado
Retail news round-up on September 12, 2014: Amazon to open new London office, Aldi to double UK stores, Justin King warns Scottish independence will increase prices and more.
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AnalysisMorrisons' half-year results: What the analysts say
Morrisons’ underlying pre-tax profit has plunged after a drastic change in strategy, but the grocer says it has made “good progress” in its three-year ‘self-help’ plan.
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NewsHome Retail boss John Walden: 'Homebase is not for sale'
Home Retail Group boss John Walden has quashed speculation that Homebase is up for sale and said no decision has been made to divest the retailer.
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NewsMorrisons to launch loyalty scheme by Christmas as part of fight back
Morrisons boss Dalton Philips said its long-awaited loyalty scheme will launch before Christmas and will “reinforce our value credentials”.
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NewsWill Adderley returns to chief executive role at Dunelm as profits rise
Dunelm founding family member Will Adderley has become chief executive again following the resignation of Nick Wharton.
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NewsOcado sales surge in third quarter despite 'competitive' market
Ocado delivered “steady” growth in its third quarter, with group sales up 22.5%, despite the “competitive” market.
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NewsNext profits surge after 'strongest sales growth for many years'
Next’s pre-tax profit surged 19.3% to £324.2m in its first half as it experienced its “strongest sales growth for many years”.
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NewsHome Retail warns of 'inconsistent' recovery as sales edge up
Home Retail Group has warned of an inconsistent recovery as Argos’s like-for-likes edged up and Homebase’s sales remained flat in the second quarter.
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NewsMorrisons reveals plunge in first-half profits
Morrisons’ underlying pre-tax profit has plunged by more than half in its half-year results but the grocer says it has made “good progress” in its three-year ‘self-help’ plan.
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NewsBreakfast briefing: Retail news on Sports Direct and Debenhams
Retail news round-up on September 11, 2014: Sports Direct shareholder revolt over pay and Debenhams partners with Buyapowa
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OpinionNick Bubb’s verdict: Kingfisher’s changing of the guard
A change of chief executive has tended to be seen as a sign of bad news in retailing lately, so why has Kingfisher’s share price risen today?
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AnalysisKingfisher's first half and management change: What the analysts say
Kingfisher boss Sir Ian Cheshire is to stand down and be replaced internally by Castorama head Véronique Laury. Retail Week examines the analyst reaction
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AnalysisAnalysis: Departing Kingfisher boss Sir Ian Cheshire's legacy
As Kingfisher boss Sir Ian Cheshire prepares to step down after seven years as group chief executive, Retail Week looks at his legacy.
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OpinionComment: All change at Kingfisher – and all change in retail's boardrooms
The impending departure of Kingfisher chief executive Sir Ian Cheshire is the latest instance of dramatic change in retail boardrooms.