All City & finance articles – Page 555
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News
Retail stocks pick up in line with market
Retailers were popular as the market rose generally. Value opportunities, defensive stocks and riskier turnaround situations were all in vogue – only nine main market-listed store groups lost value over the week.
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News
Ted Baker is still on the right course
Idiosyncratic fashion retailer and brand Ted Baker reveals full-year numbers on Wednesday.
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News
Signet renegotiates loan agreements
Jewellery group Signet has successfully negotiated a new borrowing deal.
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News
City bullish on retail stocks as it focuses on recovery potential
Global stock markets rallied on Tuesday but general retailers’ recent outperformance was not sustained over the week.
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News
February sales figures leave analysts divided
City opinion was divided over whether February retail sales data backed a bull or bear view of the sector’s prospects.
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NewsWeakness of pound means pain lies ahead
Paul Smiddy: I take no solace from the official December and January sales figures. Demand will fall a lot further as unemployment spreads into the wider economy
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News
French Connection: finals next week
Spiky Steven Marks’ fashion group posts preliminary results on Wednesday – its first news since last November’s update.
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News
Profits plunge at Carrefour
International stores giant Carrefour is to cut prices and slash costs after profits slumped last year.
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News
Morrisons profits surge as like-for-likes climb
Morrisons' like-for-like sales climbed 7.9 per cent in the year to February 1, excluding fuel.
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News
Argos sales beat expectations
Home Retail Group has posted better than expected trading at its flagship Argos chain.
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News
Baugur court decision expected today
An Icelandic court will decide today whether to extend battered investor Baugur’s moratorium.
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Opinion
Without Principles
Last week another store chain hit the outer circle of hell known as administration. This time it was Principles and the news is that the stores are to go, but Debenhams will mop up the stock, keeping the brand alive in its branches - for the time being, at least.
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Analysis
Westminster and the high street: Worlds apart?
Politicians seem to treat retail like the forgotten stepchild of UK industry, but are things improving? George MacDonald reports on the state of retail influence in the corridors of power
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OpinionSir Stuart Rose and Tony Shiret: the dream team?
Tony Shiret caused a stir on Monday with a damning note on Marks & Spencer.
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Opinion
Only well-led retailers will get backing
In testing times it’s human nature to turn to the knowledge and experience of leaders.
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News
Sterling's frailty poses threat to retail stocks
The impact of sterling’s collapse against the dollar threatens to end the retail sector’s share price rally within months.
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News
Dunelm stands by expansion plan after reassuring first half
Value homewares group Dunelm is ploughing ahead with expansion plans after posting robust first-half trading figures.
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News
City remains cynical over retail despite recent rally in non-food
The likely longevity of retail’s recent rally was once again one of the big City talking points.
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News
Morrisons: preliminary results next week
Morrisons posts full-year results next Thursday and profits are expected to come in at about 630m.
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News
Interest rate cut to 0.5%
The Bank of England has cut the interest rate to a record low of 0.5 per cent.