All City & finance articles – Page 449
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OpinionMultichannel boost for N Brown
Home shopping group N Brown’s full-year profits came in a little shy of some analysts’ expectations but all sorts of developments are under way which should position the retailer well for the future.
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AnalysisNext: What the analysts say
Analysts said Next had a hard act to follow against tough comparatives as total retail sales dipped 3.9%
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AnalysisHome Retail Group: What the analysts say
Analysts are calling for Home Retail Group to tackle Argos after the group posted a 60% slump in pretax profit for the year to February 25.
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NewsNext sales nudge up in first quarter
Next brand sales edged up 1.4% in its first quarter despite its declining retail performance.
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NewsHome Retail profits slump as Argos struggles
Home Retail Group pre-tax profits slumped by 60% as Argos battled a weak electricals market.
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NewsBlacks boss Julia Reynolds set to stand down
Blacks chief executive Julia Reynolds is set to stand down from the outdoors retailer that was acquired by JD Sports Fashion in January.
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NewsFigleaves to post first ever profit
Lingerie etailer Figleaves is expected to post its first profit when it reports its full-year results tomorrow.
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NewsStruggling Clinton Cards delays publication of strategic review
The unveiling of Clinton Cards’ strategic review, expected today, has been delayed.
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OpinionComment: Return to recession is a red alert for retail
The UK has slipped back into recession. The dreaded double-dip, which most commentators expected us to avoid, is a reality for the first time since the 1970s.
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NewsAsos sales up as international powers growth
Etail fashion giant Asos sales increased 34% in its fourth quarter with international sales driving much of the growth.
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OpinionComment: Restoring Mothercare's fortunes won’t be child’s play for Calver
On Monday, Simon Calver takes control at Mothercare, where the wheels have come off the pram in the core UK market.
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NewsRecession sparks fears for retail recovery
Retailers fear further slump in consumer confidence as the UK plunges back into recession.
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NewsSports Direct reports strong spring sales
Sports Direct has recorded a 13.2% uplift in total sales to £267.6m.
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AnalysisCarpetright: What the analysts say
Carpetright; what the analysts are saying regarding the flooring giant’s sixth profit warning since February 2011.
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NewsCarpetright issues another profit warning as bed sales disappoint
Floorings giant Carpetright has issued another profit warning after sales in its beds business and in Europe disappointed.
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NewsSuperGroup's value destroyed after shock profit warning
Fashion retailer SuperGroup has issued a shock profit warning after uncovering maths errors in its forecasting.
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NewsDebenhams first half pretax profit exceeds expecations
Debenhams first half pretax profit has exceeded expectations, increasing 1.4% to £127.1m as its strategy to push international and multichannel drove growth.
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NewsWHSmith records 3% profit rise as like-for-likes slip
WHSmith recorded a 3% rise in trading profits to £74m but like-for-like sales fell 5%.
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InterviewQ&A: Philip Clarke, Tesco
Tesco chief executive Philip Clarke and group finance director Laurie McIlwee faced a grilling from the press as the grocer unveiled its £1bn turnaround plan for the UK business today. Clarke talks improving in-store experience, Richard Brasher and what went wrong. Alex Lawson reports.
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AnalysisTesco: What the analysts say
Tesco boss Phil Clarke unveiled his turnaround strategy for the UK this morning as full year trading profit dipped 1% in its home market. The analyst community has its say on his plans to revitalise the domestic business.