All City & finance articles – Page 373
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NewsCo-operative Group names Richard Pennycook chief executive on permanent basis
The Co-operative Group named Richard Pennycook as chief executive on a permanent basis as it issued half-year results.
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NewsSuperGroup sales on improving trend after falling 3.7% in first quarter
Fashion retailer SuperGroup has posted a first-quarter like-for-like sales fall but performance has improved since.
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NewsBreakfast briefing: Retail news on Marks & Spencer, Amazon and JD Williams
Retail news round-up on September 5, 2014: M&S will not rebrand Isis range, Amazon chief financial officer to retire and JD Williams launches first TV ad campaign
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NewsDixons Carphone poised to enter FTSE 100 following merger
Dixons Carphone is poised to enter the FTSE 100 index after being formed last month through the merger of Dixons Retail and Carphone Warehouse.
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NewsBreakfast briefing: Retail news on eBay, House of Fraser, shop prices and more
Retail news round-up on September 3, 2014: Shop prices fall; Metro sells stake in Booker; Mike Ashley holds onto House of Fraser stake; and more.
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NewsMy-Wardrobe reviews options as it cancels spring 15 orders
Fashion etailer My-Wardrobe has hit troubled waters again as it reviews its strategic options after cancelling all of its spring 15 orders.
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NewsHouse of Fraser's new owners outline global ambitions as £480m deal goes through
House of Fraser’s new owners have outlined ambitions to build the business internationally as its sale to Chinese firm Nanjing Cenbest formally went through.
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NewsCo-operative Group sells Sunwin business for up to £41.5m
The Co-operative Group is to sell its Sunwin Services business to Cardtronics for up to £41.5m in the latest phase of its restructuring.
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OpinionComment: Dixons Carphone benefits from Vodafone’s split with Phones 4U
Now that the main summer holiday period is over the reporting season kicks off again in earnest next week, when Dixons Carphone is among those updating.
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NewsVodafone hangs up on Phones 4u and ups distribution with Dixons Carphone
Vodafone has decided to withdraw its products from Phones 4u leaving the retailer with only EE as a full mobile operator partner.
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NewsFurther Tesco shareholders rush to dump shares in struggling grocer
A raft of major banks and fund managers have joined Harris Associates in dumping Tesco shares following its profit warning on Friday.
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NewsBreakfast briefing: Retail news on Phones 4u, Co-op Food, Terry Duddy and Made.com
Retail news round-up on September 2, 2014: Vodafone ends Phones 4u network agreement, Co-op Food unveils more price cuts, Made.com develops mobile app and ex Home Retail boss Terry Duddy to chair Retail Trust.
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NewsTesco investor slashes stake as Dave Lewis takes over as CEO
Tesco’s major shareholder Harris Associates has sold two thirds of its stake in the business and blasted the supermarket for having no clear strategy.
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NewsHome Retail Group shareholder vetoes Homebase sell-off
Home Retail Group’s shareholder Taube Hodson Stonex Partners has vetoed a sell-off of the Homebase business.
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NewsCo-op members overwhelmingly approve governance reform proposals
The Co-op’s members have overwhelmingly backed governance reform proposals aimed at modernising and professionalising the business.
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NewsBreakfast briefing: Retail news on Iceland, Aldi, and Tesco
Retail news round-up on September 1, 2014: Iceland completes £950m refinancing, Aldi to create 700 deputy store manager positions and major Tesco investor reduces stake in business.
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AnalysisTesco in turmoil: What the analysts say
Tesco’s has warned on profits and new chief executive Dave Lewis has been parachuted in a month early. Here’s what City analysts are saying.
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NewsTesco issues profit warning as new boss Dave Lewis parachuted in month early
Tesco has issued a profit warning today, as it parachutes in new chief executive Dave Lewis on Monday, a month earlier than originally planned.
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NewsH Samuel owner Signet posts sales surge in second quarter
Signet’s UK division, which comprises H Samuel and Ernest Jones, posted total sales up 17% to $162.9m (£98.3m) in its second quarter.
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NewsAlibaba profits triple to £1.2bn as it prepares to float in the US
Chinese ecommerce giant Alibaba has almost tripled its profits as it prepares for a float on the US stock exchange that could value it at $200bn.