All City & finance articles – Page 404
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AnalysisSports Direct's stake acquisition in Debenhams: What the analysts say
Sports Direct revealed this morning that it has taken a surprise 4.63% stake in troubled department store group Debenhams. Retail Week takes a look at the City reaction.
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NewsMike Ashley's Sports Direct acquires 4.63% stake in Debenhams
Mike Ashley’s Sports Direct has acquired a 4.63% in troubled department store group Debenhams.
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NewsJD posts increase in like-for-like sales over Christmas
JD Sports Fashion has reported a step up in like-for-like sales growth over Christmas, aided by a strong performance in its core sports arm.
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NewsCold Christmas for retail as sales growth stalls
Retailers’ hopes for a winning Christmas have been dashed after food suffered its worst performance for five years and non-food was saved by online.
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OpinionComment: For Next, imitation may offer more than just flattery
Next, the UK’s second largest clothing retailer, has raised its profit forecast following strong Christmas sales.
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OpinionBlog: Marks & Spencer's tale of two Christmases
Marks & Spencer told a tale of two Christmases when it posted seasonal figures today.
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AnalysisMarks & Spencer third quarter update: What the analysts say
Marks & Spencer today revealed struggling general merchandise sales pulled down its third quarter performance which it blamed on a warm October and pre-Christmas disocunting. Retail Week takes a look at what the analysts say.
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NewsM&S forced into Sale early by 'unprecedented' level of promotions, says Bolland
Marks & Spencer boss Marc Bolland said the retailer tried to hold its nerve over Christmas promotions but was forced into Sale early by “unprecedented” promotional activity.
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AnalysisMorrisons' Christmas trading: What the analysts say
Morrisons today brought forward its planned Christmas trading update to inform the City of its 5.6% fall in like-for-like sales over Christmas. Retail Week rounds up the reaction.
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NewsTed Baker Christmas sales jump 18%
Ted Baker sales increased 18.3% over the Christmas period in the eight weeks from November 10 to January 4.
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NewsMarks & Spencer blames warm weather and discounting for lacklustre quarter
Marks & Spencer has blamed warm weather in October and Christmas discounting for its lacklustre third-quarter performance, which was dragged down by general merchandise sales.
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NewsTesco reports UK Christmas like-for-likes down 2.4%
Tesco has reported like-for-like sales in the UK fell by 2.4% over Christmas, maintaining that weakness in the grocery market impacted its performance.
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OpinionComment: Next makes money in the middle market
Next was very much in fashion with shoppers over Christmas, when it posted better than expected sales.
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NewsWarm summer helps lift Bravissimo full-year figures
Lingerie retailer Bravissimo has revealed growth in sales and pre-tax profits in its full-year figures, as the company expects to open new stores this year.
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OpinionComment: Retail trends that are not just for Christmas
The concentrated nature of the festive trading period amplifies consumer trends like no other and there are already telling lessons to be drawn for the year ahead.
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AnalysisSainsbury’s third quarter: What the analysts say
Sainsbury’s today reported a 0.2% rise in like-for-like sales in the third quarter as the retailer experienced a flood of late shoppers. The City praised the performance against a tough market.
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NewsUpdated: Mothercare warns on profits amid 'highly promotional' Christmas conditions
Mothercare has issued a profit warning blaming the “highly promotional” Christmas environment and lower footfall impacting sales and margins.
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NewsSainsbury's like-for-likes edge up 0.2% over "best ever" Christmas
Sainsbury’s has reported like-for-likes were up 0.2% in its third quarter but still recorded its best ever Christmas.
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NewsTopps Tiles remains cautious despite first-quarter sales leap
Topps Tiles’ like-for-likes increased 9.3% in the 13 weeks to December 28.
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NewsDunelm second-quarter sales boosted by TV campaign and catalogue
Dunelm’s like-for-likes increased 2.9% in the second quarter boosted by its new catalogue and first TV ad campaign.