Latest finance news – Page 292
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NewsBreakfast briefing: Tesco, high street sales and more
Retail news round-up: Tesco benefits from business rate cut, high street reports boost in sales owing to Easter, and Burberry to report surge in sales
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NewsPep & Co suffers loss as investment hits bottom line
Pep & Co suffered a pre-tax loss in its first 15 months of trading after ploughing investment into its rapid store opening programme.
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NewsBreakfast briefing: Pep & Co, Soletrader and more
Retail news round-up: Soletrader reports surge in profit and Pep & Co sales reach £29m
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NewsToday in retail: Tesco and WHSmith celebrate progress
Today has brought a raft of financial results and Tesco’s prelims, inevitably, grabbed most of the attention.
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NewsTesco's Lewis: Booker deal won't spark overseas disposals
Tesco boss Dave Lewis has categorically ruled out any further disposals of international businesses, despite the grocer’s planned takeover of Booker.
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NewsDunelm like-for-likes slip in ‘volatile’ environment
Homewares retailer Dunelm suffered a drop in same-store sales as, it said, the homewares market continues to decline.
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NewsWHSmith travel arm takes off but high street sales fall
WHSmith’s travel division was once again the star performer for the retailer in its half-year, but sales fell at its high street business.
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NewsTesco profits surge as grocer performs ahead of plan
Grocery giant Tesco has reported a steep rise in earnings and expects to sustain momentum as its strategy bears fruit.
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NewsJD Sports to invest to hike up outdoor profits
JD Sports’ outdoor fascia turned a full-year profit for the first time, and finance boss Brian Small said the division’s profits will “undoubtedly” continue to grow.
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NewsMissguided calls in Rothschild to explore options
Missguided has called in City advisers Rothschild to help it explore its sale or float options.
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NewsJD reveals rocketing profits and sales at full-years
JD Sports has reported soaring profits and sales in what executive chairman Peter Cowgill termed “another period of very significant progress” for the group.
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NewsBreakfast briefing: Missguided and Tesco
Retail news round-up: Missguided explores option for sale, and court agrees Tesco and Serious Fraud Office settlement
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NewsJaeger tumbles into administration, 680 jobs at risk
Jaeger has tumbled into administration leaving the future of its 680 staff and 46 stores hanging in the balance, Retail Week can reveal.
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NewsBreakfast briefing: Tesco, Primark and more
Retail news round-up: Tesco to reveal annual increase in profits, Primark owner seeks new chairman, and UK spending increases.
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NewsToday in retail: Anglo-French relations looking good
Brexit negotiations have failed to sour the appetite for international expansion in the beauty world, as today’s deal between Feel Unique and The Beautyst proves.
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NewsJaeger files intention to appoint administrators
Jaeger has filed a notice of intention to appoint administrators in an effort to ward off potential action from creditors.
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NewsAnn Summers profits flat as it eyes overseas expansion
Ann Summers posted flat full-year profits and a rise in like-for-like sales as the retailer prepares to expand its wholesale operation internationally.
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NewsFeelunique buys The Beautyst to drive French expansion
Feelunique has acquired French beauty etailer and social media platform The Beautyst to bolster its European expansion plans.
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NewsInsolvency Service chases former BHS owner Chappell
The Insolvency Service is taking legal action against former BHS owner Dominic Chappell for failure to provide information relevant to its inquiry into the retailer’s collapse.
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NewsToday in retail: Co-op makes £132m full-year loss
The Co-operative swung to a £132m loss in its full-year results today, but the group’s grocery arm is growing at pace.