Latest finance news – Page 235
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NewsQuiz warns on profits as sales growth disappoints
Quiz, the multichannel fashion retailer that floated last year, has issued a profits warning.
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NewsAgenda: WHSmith, N Brown and retail sales
Retail Week looks ahead to the next seven days, with updates from WHSmith, N Brown and the latest BRC-KPMG retail sales data all on the agenda.
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NewsIntu deputy chairman plots takeover after share price plummets
Intu’s deputy chairman John Whittaker is plotting a takeover of the group following a fall of more than 40% in its share price this year.
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NewsWalgreens to launch in-store pilot with Birchbox
US pharmacy giant Walgreens has acquired a minority stake in beauty subscription business Birchbox and will trial selling the beauty etailer’s range in-store.
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NewsDFS profits plunge despite Sofology sales growth
DFS has reported a full-year profits slump, which outgoing boss Ian Filby attributed to “an exceptional downturn in market demand” in the fourth quarter.
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NewsTed Baker profits up despite 'challenging' market
Ted Baker has reported an increase in its interim profits and sales despite what boss Ray Kelvin said were “challenging external trading conditions”.
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NewsRetailers not ready for Brexit, 80% of chairmen say
Brexit has spurred the highest level of pessimism in retail chairman since 2012 as over 80% say their businesses are not ready for Brexit.
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NewsTesco boss Dave Lewis 'very happy' with Jack's trading
Tesco boss Dave Lewis has hailed early trading at its two Jack’s discount stores – and hit back at suggestions the format could confuse shoppers.
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NewsTopps Tiles to beat profit expectations
Topps Tiles achieved an increase in like-for-like sales of 1.2% in its fourth quarter and will beat full-year earnings expectations.
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NewsTesco 'delighted' with sales and profits boost
Tesco has reported a rise in first-half profits and sales as it made progress against its strategic objectives.
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NewsScS hails business 'resilience' as profits rise
ScS has hailed its “increased resilience” to “challenging” trading conditions after posting an increase in full-year profitability.
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NewsSports Direct boss Ashley fires House of Fraser top brass
Sports Direct tycoon Mike Ashley has fired department store group House of Fraser’s management.
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NewsWiggleCRC profits climb after year of investment
WiggleCRC has recorded a rise in interim profits which boss Will Kernan attributed to “a reset of the business model” in 2017.
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NewsHarrods profits jump despite heavy investment
Harrods’ profits and sales rose over its past year as the luxury department store attracted millennial consumers through its doors.
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NewsUK could tackle Amazon and global giants in new tax
Britain could “go it alone” with a new scheme designed to tackle tax avoidance by Amazon and other digital global giants.
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NewsSelfridges reports rise in sales and profits
Selfridges has posted a record operating profit of £181m for its last financial year, when sales climbed 11.5% to £1.75bn.
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NewsAldi profits jump as it wins one million new customers
Aldi has posted a jump in full-year profits and pledged to open 130 new stores over the next two years as it presses ahead with its aggressive expansion plans.
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NewsBusiness secretary Greg Clark hints at rates change
Business secretary Greg Clark has hinted that business rates could be set to change, in a move which would provide some relief to a stricken high street.
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NewsOffice chief executive Brian McCluskey retires
Office’s chief executive Brian McCluskey will step down in November after 15 years with the retailer.
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NewsAgenda: Tesco, Aldi, Ted Baker, DFS, ScS and Topps Tiles
Retail Week looks ahead to the next seven days, with updates from Tesco, Aldi, DFS, ScS, Ted Baker and Topps Tiles all on the agenda.