Latest finance news – Page 227
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NewsMorleys festive sales rise after ‘record’ Christmas Eve
Morleys has hailed an increase in sales during the crucial festive trading period as “record” Christmas Eve sales drove performance.
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NewsFootasylum cautions on profits as margins hit
Footwear specialist Footasylum suffered a margin hit over Christmas and now predicts profit to come in at the lower end of expectations.
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NewsJoules posts Christmas sales rise as online grows
Fashion retailer Joules delivered a “strong” Christmas performance across all categories.
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NewsMorrisons’ wholesale arm powers Christmas performance
Morrisons has reported a rise in sales over Christmas, driven by its wholesale business.
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NewsDunelm to beat forecasts after sales advance
Homewares specialist Dunelm generated a sales uplift of 9% in its second quarter, when stores and online both did well.
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NewsRecipe box specialist Mindful Chef wins new investment
Specialist consumer business investor Piper has taken a £6m stake in recipe box subscription business Mindful Chef.
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NewsSelfridges celebrates record Christmas trading
Selfridges has reported a record-breaking Christmas sales performance, helped by a programme of in-store events.
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NewsHobbycraft fashions strong Christmas sales boost
Hobbycraft has recorded an upswing in festive sales across its shops and online spurred by in-store Christmas workshops.
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NewsRetail CVAs increase seven-fold in 2018
The number of large retailers launching company voluntary arrangements (CVAs) increased seven-fold last year, according to Deloitte.
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NewsAgenda: Retailers update on Christmas trading
Retail Week looks ahead to the next seven days with festive figures from M&S, Tesco, John Lewis, Sainsbury’s and Morrisons all on the agenda.
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NewsDobbies Christmas sales bloom as shopper numbers rise
Dobbies has posted an increase in Christmas sales as the business cashed in on growing shopper numbers.
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NewsApple warns on profits, blames China sales slowdown
Apple has reduced its first-quarter sales forecast over the crucial Christmas trading period as boss Tim Cook said the business did not anticipate China’s “economic deceleration”.
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NewsNext posts Christmas sales rise, trims profit guidance
Next has recorded an increase in fourth-quarter sales as strong trading in the run-up to Christmas “made up for disappointing sales in November”.
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NewsJohn Lewis sales rise in crucial Christmas fortnight
John Lewis & Partners has posted an increase in sales during the final two weeks of December, boosted by a “very strong” Christmas Eve performance.
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NewsIceland faces £21m bill from HMRC over Christmas club
Iceland has been accused by HM Revenue & Customs of breaking minimum wage rules over a staff Christmas savings scheme.