Latest finance news – Page 301
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NewsDreams owner eyes £400m sale of beds retailer
Beds specialist Dreams is being plumped for sale by its private-equity owner Sun European Partners, Retail Week understands.
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NewsScS pleased by orders rise against tough comparatives
Sofas and floorings specialist ScS has posted a rise in like-for-like order intake.
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NewsOcado full-year profits spike as customer base widens
Ocado has registered a jump in full-year profits and sales as its customer base continued to demonstrate strong growth.
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NewsJoules first-half profits rise as customer numbers grow
Fashion retailer Joules has posted a rise in sales and profits during its first half.
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NewsCarpetright celebrates return to sales growth in UK
Carpetright has reported a return to quarterly sales growth in the UK and said its turnaround strategy is on track.
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NewsH&M profits hit by discounting and higher sourcing costs
H&M said its full-year profits were dented by discounting and higher purchasing costs stemming from the strength of the US dollar.
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NewsConsumer confidence edges up despite big ticket turn off
Consumer confidence crept up in January but shoppers’ reluctance to make big ticket purchases hinted at a potential slowdown in spending.
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NewsTofs empowers local stores as Christmas sales climb
Tofs sales grew this Christmas, driven by seasonal products and a greater focus on local service.
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NewsConviviality swings to black but retail like-for-likes fall
Conviviality has hailed a return to profit during its first half, despite a fall in like-for-like retail sales.
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NewsAgent Provocateur offers flood in as sales talks progress
Troubled lingerie chain Agent Provocateur has attracted more than a dozen bidders, according to reports.
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NewsPaperchase appoints former Pets boss as new chairman
Paperchase has appointed former Pets at Home chief executive Nick Wood as its chairman.
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NewsToday in Retail: Tesco's new chapter with Booker buy
Tesco served up a surprise today with news that it is buying wholesaler Booker Group in a £3.7bn deal.
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NewsFrench Connection signals director departure
French Connection has reportedly indicated that two of its non-executive directors are to step down, in a victory for investor pressure.
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NewsTesco boss Lewis reveals Cousins quit over Booker deal
Tesco boss Dave Lewis has admitted that non-executive director Richard Cousins quit the grocer because he disagreed with the Booker deal.
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NewsTesco's Lewis downplays Booker deal competition concerns
Tesco boss Dave Lewis has shrugged off suggestions that competition authorities could hamper its proposed merger with food wholesaler Booker.
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NewsShop Direct owners the Barclays mull share sell-off
Shop Direct owners the Barclay brothers are considering selling off their stake in the business, in a deal that could value the etailer at £2bn.
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NewsTesco to buy wholesaler Booker in £3.7bn deal
Tesco and food wholesaler Booker have unveiled plans to merge in a deal that values the Londis and Budgens owner at £3.7bn.
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NewsConsumer confidence rises at quickest rate since August
Consumer confidence has grown at its quickest rate since August, as shopper sentiment continues to rally following the shock of the Brexit vote.
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NewsHammerson toasts festive sales rise at UK shopping centres
Hammerson posted an increase in sales across its UK shopping centres in December, as athleisure, electricals and department store retailers drove performance.
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NewsFindel sales soar as Express Gifts remains standout
Home shopping firm Findel has posted a jump in sales over Christmas as its Express Gifts business continued to perform strongly.