Latest finance news – Page 279
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NewsB&M sales soar as Arora hails best Q1 in years
Value retailer B&M’s sales have rocketed during what boss Simon Arora described as its strongest first quarter in three years.
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NewsStore Twenty One collapses into liquidation
Store Twenty One has collapsed into compulsory liquidation, sparking the loss of 900 jobs.
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NewsM&S boss Rowe downplays food like-for-like drop
Marks & Spencer boss Steve Rowe has downplayed the significance of the like-for-like dip in its grocery sales during the first quarter of the year.
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NewsM&S stems fashion decline as full-price sales spike
Marks & Spencer has stemmed the rate of sales decline in its crucial fashion division and hailed further growth in full-price sales.
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NewsJune retail sales rise helped by weather and inflation
Retail sales rose by 1.2% like-for-like in June as warm weather benefited categories ranging from summer clothing and outdoor toys to food.
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NewsToday in retail: Lidl's new boss lays down the gauntlet
He may be the new kid on the block, but Lidl UK’s boss Christian Härtnagel is proving he’s ready to mix it with his more experienced rivals.
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NewsMatalan’s full-price focus boosts profits and sales
Matalan’s profits and sales have rocketed in its first quarter, which the retailer has attributed to its ongoing focus on full-price sales.
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NewsFootasylum's owners consider selling stake
The owners of specialist retailer Footasylum are considering selling a stake in the business.
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NewsBrighthouse eyed by hedge funds in debt for equity deal
US hedge funds are aiming to take control of rent-to-own specialist Brighthouse as the retailer labours under the weight of its debt.
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NewsEvans Cycles profits punctured despite sales rise
Evans Cycles posted a slump in its preliminary profits, which new boss Andy King attributed to ongoing adverse market conditions.
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NewsSuperdrug stablemate Savers posts spike in profits
Superdrug stablemate Savers has posted a jump in profits and sales, buoyed by new store openings and strong like-for-like growth.
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NewsDunelm like-for-likes drop despite fourth quarter boost
Dunelm has suffered a decline in like-for-like sales across its full year despite a trading boost during its fourth quarter.
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NewsAgenda: Marks & Spencer, Burberry, Eve and Asos update
Retail Week looks ahead to the next seven days, with updates from Marks & Spencer, Eve and Asos on the agenda.
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NewsHolland & Barrett sales up but investment hits profits
Holland & Barrett posted a fall in profits in preliminary results, as the retailer ploughed investment into its multichannel proposition.
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NewsPeople moves: Koray Gul joins Jones Bootmaker
Koray Gul has been given the sizeable task of turning around the struggling Jones Bootmaker chain, rescued from the brink of collapse earlier this year.
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NewsBreakfast briefing: Holland & Barrett and eBay
Retail news round-up: L1 Retail set to receive £800m loan from banks for Holland & Barrett takeover and eBay will launch a price-match guarantee programme.
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NewsToday in retail: Is Amazon Ocado's white knight?
As Ocado seeks out international grocery partners to which it can license its Smart Platform, it may have found an unlikely catalyst for deals.
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NewsOcado's Steiner shrugs off Amazon Whole Foods deal
Ocado boss Tim Steiner has downplayed the impact of Amazon’s Whole Foods acquisition − and insisted it will help the etailer to sell its technology.
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NewsBooker posts sales rise in first quarter
Booker generated a like-for-like sales rise of 4.2% in its first quarter as its strategy paid off.
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NewsTopps Tiles records sales fall amid weak trading conditions
Topps Tiles’ like-for-like sales slid 4.7% in its third quarter as the trading environment toughened.