Latest finance news – Page 267
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NewsShopper spending power falls as inflation bites
Consumers’ disposable income fell in 10 out of 12 UK regions last month as gains in salary were offset by the rising cost of household bills.
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NewsAgenda: Morrisons and Next update the market
Retail Week looks ahead to the next seven days, with third quarter updates from Morrisons and Next on the agenda.
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NewsSelfridges profits jump as investment plan pays off
Selfridges has posted a jump in profits as its ambitious investment strategy began to bear fruit.
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NewsNew Sports Direct hire to review strategic stakes
Sports Direct has recruited a head of strategic investments who will review all the retailer’s stakes in other businesses.
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NewsDebenhams posts profits fall but new strategy bearing fruit
Debenhams has suffered a fall in full-year profits but boss Sergio Bucher is pleased with the progress of his new strategy to reinvigorate the business.
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NewsWest End retailers poised for Christmas spending spree
Retailers across London’s West End are set to profit from a Christmas spending spree as international shoppers snap up Brexit bargains.
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NewsM&S fashion head leaves to run White Stuff
Marks & Spencer fashion boss Jo Jenkins is quitting the bellwether retailer to take the reins at White Stuff.
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NewsBunnings sales hammered by tough trading at Homebase
Bunnings parent company Wesfarmers, which bought Homebase last year, said first-quarter sales slumped 13.8% to £276m at its fledgling UK and Ireland business.
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NewsSports Direct gears up for cycling store roll out
Sports Direct has snapped up triathlon specialist brand Tri UK and plans to roll out six new stores next year, including a Nottingham flagship.
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NewsWiggleCRC boosts European presence with Bike24 deal
WiggleCRC has snapped up German cycling etailer Bike24 to ramp up its European reach in a reported £100m acquisition.
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NewsCarpetright revamps beds offer with shop-in-shop pilot
Carpetright is taking steps to shake up its beds proposition starting with an ‘under the radar’ trial of a new concept at eight stores.
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NewsShoe Zone sales shrink as store closures hit bottom line
Shoe Zone’s sales have shrunk as the impact of closing loss-making stores hit the retailer’s bottom line.
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NewsCarpetright UK like-for-likes up in 'volatile' market
Carpetright’s second-quarter UK like-for-likes have inched up despite a “volatile” market, the business has reported.
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NewsToday in retail: Business groups apply Brexit pressure
As if it wasn’t already feeling the heat, the Government is now under even more pressure to quickly secure a Brexit deal.
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NewsGear4music shrugs off results mess-up as revenues rise
Gear4music has posted a rise in sales and gross profit during its first half.
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NewsHut Group builds acquisition war chest with £515m credit
The Hut Group has secured a £515m revolving credit facility to bolster its acquisition war chest.
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NewsHobbs profits rise as turnaround plan bears fruit
Hobbs has posted an increase in full-year profits and sales as the retailer’s turnaround plan begins to pay dividends.
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NewsDebenhams dismisses claims of 'immoral' supplier demands
Debenhams has hit back at accusations that it demanded “immoral” discounts from its suppliers, following reports over the weekend.
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NewsAgenda: Debenhams updates the market
Retail Week looks ahead to the next seven days, with a preliminary update from Debenhams on the agenda.
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NewsShop Direct’s Barclay brothers to scoop £200m in deal
Shop Direct owners the Barclay brothers will receive over £200m in a refinancing deal, following their decision to abandon a sale of the business.