Latest finance news – Page 224
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NewsPets at Home picks up momentum as sales increase
Pets at Home has reported a “strong” Christmas quarter when momentum at its retail business “accelerated”.
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NewsDixons Carphone rings up Christmas sales boost
Dixons Carphone has posted a like-for-like sales advance over the peak Christmas period.
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NewsMountain Warehouse Christmas sales climb
Mountain Warehouse is on track to post its largest ever full-year profit after sales climbed during the crucial Christmas trading period.
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NewsSports Direct's Mike Ashley in rescue bid for HMV
Sports Direct tycoon Mike Ashley has emerged as one of the suitors bidding to rescue HMV from administration.
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NewsAgenda: Dixons Carphone, Joules and WHSmith Christmas updates
Retail Week looks ahead to the next seven days with Christmas updates from Dixons, Burberry, Joules, WHSmith and Pets at Home all on the agenda.
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NewsMahabis bought out of administration by YYX Capital
YYX Capital have bought upmarket slippers brand Mahabis out of administration.
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NewsThe Entertainer posts Christmas sales boost
The Entertainer recorded a rise in festive sales bolstered by strong like-for-likes which boss Gary Grant said “caps a tremendous year of growth”.
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NewsSofa.com seeks quick sale as losses mount
Online furniture retailer Sofa.com has drafted in KPMG to find a potential buyer within weeks.
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NewsDebenhams and New Look credit ratings downgraded
Moody’s has downgraded Debenhams’ credit rating following last week’s boardroom coup and poor Christmas trading update.
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NewsLovehoney sales and profits grow in ‘record year’
Lovehoney’s profits and global sales both grew in the 2017/18 financial year in the retailer’s “biggest year to date”.
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News'Several' offers made for HMV, KPMG says
Administrators KPMG today said several offers have been put forward for the 97-year-old high street stalwart.
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NewsN Brown sales fall as power brands fail to drive growth
N Brown sales were down over the festive period with its power brands failing to boost the group’s dismal performance.
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NewsGame sales fall over Christmas as it rolls out arenas
Game’s UK sales fell over the Christmas period with its Spanish business outperforming its British arm.
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NewsPrimark sales up but like-for-likes dip
Primark sales rose 4% over the festive period but like-for-likes fell slightly.
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NewsSears chairman ‘buys chain for $5.2bn' in bankruptcy auction
Sears chairman Eddie Lampert has rescued the business after triumphing in a bankruptcy auction with a takeover bid of around $5.2bn (£4bn).
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NewsThe Works losses widen but festive sales spike
The Works losses widened in its first half but toasted a “record” Christmas as festive sales jumped.
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