Latest finance news – Page 287
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NewsJohn Lewis fashion sales boosted by warmer weather
John Lewis posted a rise in revenues last week as the promise of warmer weather drove sales of casual clothing.
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NewsTopps Tiles launches new format amid ‘duff conditions’
Topps Tiles has introduced a new medium-sized store format as it acts to restore its fortunes after a challenging half year.
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NewsJacques Vert owner seeks investment as admin looms
Jacques Vert’s owner Style Group Brands is urgently seeking investment to avoid the risk of administration, with over 1,100 jobs at risk.
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NewsTopps Tiles profits fall in 'challenging' first half
Topps Tiles reported a decline in like-for-like sales and profits at the half-year mark which boss Matthew Williams attributed to “the more challenging macro-economic environment.”
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NewsToday in retail: McColl’s eyes c-store consolidation
McColl’s share price rallied this morning amid news that its boss Jonathan Miller had voiced an interest in acquiring Tesco’s One Stop.
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NewsClarks profits down-at-heel as sterling slump bites
Clarks warned that the slumped value of the pound will have a “profound effect” on cashflow and profit in the year ahead as the retailer reports a drop in earnings in 2016.
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NewsMcColl’s to target Tesco’s One Stop after Booker merger
McColl’s chief executive Jonathan Miller is eyeing a possible takeover of One Stop in the fallout from Tesco’s proposed merger with Booker.
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NewsThe Works to be sold or floated by owner Endless
The Works’ private-equity owner Endless is reportedly planning to either float the discount arts and books retailer on the stock market, or sell it.
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NewsBreakfast briefing: McColls, Ikea and more
Retail news round-up: McColls boss plans to buy Tesco’s One Stop chain; Ikea to move production to the UK; Terra Firma pays Wyevale's debt; and M&S revisits archives for new collection.
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NewsJoy rescued by owners in pre-pack administration deal
Joy has been bought out of administration by its owner Louche London in a pre-pack deal, saving 230 jobs.
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News
Tesco faces further legal fight over accounting scandal
Tesco may face another legal challenge arising from the accounting scandal that hit the retailer.
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NewsMoss Bros beats tough fashion market as sales rise
Moss Bros, the menswear specialist, has posted a rise in sales and is confident of meeting City earnings expectations despite uncertain retail conditions.
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NewsSports Direct increases stakes in US businesses
Sports Direct has upped its investments in Umbro-owner Iconix Brand Group and retailer Finish Line.
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NewsBooker's Wilson: Our retailers support Tesco merger
Booker boss Charles Wilson has insisted Premier, Londis and Budgens retailers are supportive of the group’s proposed merger with Tesco.
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NewsAsda suffers further sales decline but hails 'momentum'
Asda has suffered its 11th consecutive quarter of falling sales but bosses hailed continued “improvement” in performance.
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NewsMothercare boss: 'This is a watershed moment for us'
Mothercare boss Mark Newton-Jones has hailed the past year a “watershed moment” for the nursery specialist.
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NewsBurberry profits slip amid 'year of transition'
Burberry’s pre-tax profits slipped after what the luxury fashion business dubbed “a year of transition”.
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NewsJD Sports gets green light for Go Outdoors takeover
JD Sports’ £112m acquisition of Go Outdoors has been given the green light by the competition watchdog.
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NewsMothercare profits fall as core UK arm narrows losses
Mothercare has suffered a fall in full-year profits but hailed the performance of its core UK business during its second half.
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NewsBooker profits jump as Tesco merger progresses
Booker has posted a jump in full-year earnings despite suffering a dip in sales to retailers.