Latest finance news – Page 187
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NewsMoss Bros sales fall amid ‘challenging’ marketplace
Moss Bros has hailed “good progress” with its strategy despite a fall in sales during the second half of its financial year.
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NewsThe Works profits fall as boss Keaney steps down
The Works posted a fall in half-year profits as it was revealed that chief executive Kevin Keaney is stepping down with immediate effect.
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NewsHalfords maintains profit guidance after ‘solid’ festive sales
Halfords has maintained its full-year profit guidance after clocking up a “solid” sales performance during the golden quarter.
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NewsGoogle acquires retail tech start-up in multimillion-pound deal
Google has acquired a tech start-up that helps local retailers share product inventory online to help consumers discover smaller, local stores on a much bigger scale.
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NewsDobbies sales soar during ‘strong’ Christmas trading period
Dobbies has registered soaring sales and increased like for likes during the crucial golden quarter.
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NewsTravis Perkins names new Wickes chair as demerger progresses
Travis Perkins has appointed a new chair designate of Wickes as part of its ongoing process to demerge the businesses this year.
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NewsBooths Christmas sales rise boosted by own brand
Booths has posted a rise in Christmas sales as the grocery retailer’s like for likes increased, driven by sales of English wine and own-brand party food.
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NewsVery posts Christmas sales rise bolstered by credit offering
Very.co.uk enjoyed a Christmas sales boost, but sister brand Littlewoods hampered parent company The Very Group’s overall festive trading.
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NewsQuiz Christmas sales slump in ‘disappointing’ festive performance
Quiz has posted a fall in sales over the festive period across stores and online against what boss Tarak Ramzan has described as a “challenging” trading backdrop.
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NewsDFS suffers sales fall but reassures on profits
DFS has reported a decline in sales but should hit earnings expectations despite tough trading conditions.
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NewsBoohoo sales rocket over Christmas
Online fashion specialist Boohoo has posted a strong Christmas sales performance.
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NewsThe Fragrance Shop smells success with Christmas sales boost
The Fragrance Shop has reported an uplift in Christmas sales bolstered by online growth, but full-year profits slipped in “tough” market, Retail Week can reveal.
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NewsDebenhams to offload £200m executive pension scheme
Debenhams is reportedly in talks with Aviva about a buyout of its executive pension scheme.
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NewsBeales on brink of collapse after disappointing Christmas
The heritage department store has reportedly filed notice of intention to appoint administrators as it scrambles to secure a buyer.
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NewsHobbycraft Christmas sales buoyed by eco-conscious shoppers
Hobbycraft has posted a “strong” uplift in festive sales driven by online growth and demand for recyclable products.
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NewsKohl’s boss defends Amazon returns tie-up after ‘disappointing’ festive trading
The chief executive of US department store chain Kohl’s has defended its tie-up on returns with ecommerce giant Amazon following a torrid holiday trading period.
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NewsJoules boss blames spreadsheet error for festive availabilities crisis
The boss of fashion brand Joules has blamed an error on a spreadsheet for the availabilities issue that cratered online sales over the festive period and forced the retailer to warn on profits for the year.
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NewsChristmas footfall fell as Black Friday bought trading forward
Retail footfall declined in December as Black Friday and Cyber Monday sales in November brought Christmas trading forward.
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NewsHolland & Barrett sales rise in ‘early stages’ of transformation
Holland & Barrett has posted a jump in festive sales as its clean beauty and vitamins categories drove growth.
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NewsLidl Christmas sales soar as non-food bucks sector trend
Lidl saw sales soar over the Christmas period as customer footfall increased and its general merchandise offering bucked the wider downward trend.