All City & finance articles – Page 377
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NewsMcColl's posts operating profit up 14.6% as it appoints new chairman
McColl’s posted operating profit up 14.6% in its half year, as the convenience retailer promoted deputy chair John Coleman to chairman.
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NewsBreakfast briefing: Retail news on White Stuff, McColl's, New Look and Matalan
Retail news round-up on July 22, 2014: White stuff posts ‘strong’ full-year peformance, McColl’s posts half-year profits dip, Two New Look directors depart, Matalan to open its first ever Oxford Street store.
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AnalysisPhilip Clarke's departure from Tesco: What the analysts say
Tesco chief executive Philip Clarke is stepping down after a profit warning and will be replaced by Unilever personal care global president Dave Lewis. Retail Week takes a look at what the analysts say.
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NewsCo-op's former chief executive Euan Sutherland receives £1m payoff
The former Co-operative boss Euan Sutherland is to receive a £1m payoff after quitting as chief executive after only 10 months.
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NewsTesco boss Philip Clarke steps down as grocer warns on profits
Tesco chief executive Philip Clarke is stepping down after a profit warning and will be replaced by Unilever personal care president Dave Lewis.
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NewsBreakfast briefing: Retail news on Mothercare, Tesco, Argos and more
Retail news round-up on July 21, 2014: Mothercare finance chief poised to join Debenhams, Tesco to build 4,000 UK homes, Argos to trial same day delivery and more
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NewsDixons Carphone merger wins approval from shareholders
Carphone Warehouse and Dixons’ shareholders approved the merger of the two companies at separate general meetings held by both retailers yesterday.
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NewsExpress Gifts owner Findel reports sales decline of 2.2%
Findel’s sales decreased 2.2% for the 15-week period to March 31 despite Express Gifts increasing its sales for the period by 6.2%.
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NewsThe Co-operative Group sells pharmacies to Bestway for £620m
The Co-operative Group has agreed to sell its pharmacies to Sir Anwar Pervez’s Bestway in a deal valuing the health specialist at £620m.
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CartoonBlower’s retail cartoon: Newton-Jones arrives as Mothercare's new CEO
Retail Week’s cartoonist Patrick Blower’s take on Mothercare’s appointment of Newton-Jones as the retailer’s permanent chief executive.
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OpinionRetail surgery: How do I ensure my shop is compliant with the Energy Act?
Guidance from the Department for Energy and Climate Change (DECC) has been scarce, although a new consultation paper is expected.
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NewsMothercare’s first-quarter results: What the analysts say
Find out what the analysts make of Mothercare revealing a 0.9% rise in UK like-for-likes for the 15 weeks to July 12 as it welcomes new boss Mark Newton-Jones.
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NewsNick Bubb’s verdict: Sports Direct - challenging targets?
Mike Ashley is keen to encourage Sports Direct staff to work even harder to hit the company’s EBITDA target, but is this year’s target that challenging?
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AnalysisSports Direct's full-year results: What the analysts say
Sports Direct posted underlying pre-tax profit up 19.8% to £249.3m in its full-year to April 27. Retail Week takes a look at what the analysts say.
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NewsMothercare to take online sales hit as it shifts to full-price focus
Mothercare expects to take an online sales hit in the short term as new boss Mark Newton-Jones puts full-price sales at the heart of strategy.
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NewsAo.com quarterly like-for-likes jump 30% as it prepares for German launch
Electricals etailer Ao.com like-for-likes jumped 30% in the three months to June 30 as it prepares to launch Ao.de site in Germany.
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NewsSports Direct reports surging sales and profits in full year
Mike Ashley’s Sports Direct has reported retail like-for-like sales increased 10.5% and profits soared by 19.8% for its full year.
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NewsMothercare boss Newton-Jones unveils 'modernising' turnaround plan
Mothercare’s new chief executive Mark Newton-Jones has unveiled a turnaround plan to “fix the basics” at the maternity specialist.
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AnalysisAnalysis: Retailers and shopping centres join forces for new apprenticeship
The BCSC Educational Trust and the National Skills Academy for Retail have teamed up with Primark and Hammerson to launch a new apprenticeship. Retail Week takes a look at the project.
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NewsSainsbury’s AGM welcomes rival Philip Clarke in name only
At Justin King’s final AGM last week a questions came from one of the grocer’s shareholders, who shared his name with Tesco boss Philip Clarke.