Latest finance news – Page 327
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NewsSainsbury's boss Coupe 'absolutely convinced' by Argos deal despite Brexit
Sainsbury’s boss Mike Coupe has downplayed fears over Brexit and remains “absolutely convinced” of the rationale to acquire Home Retail Group.
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NewsEx-M&S boss Marc Bolland set to join investment group Blackstone
Former Marks & Spencer boss Marc Bolland is set to join investment group Blackstone, to lead its European private equity arm.
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NewsSainsbury's cuts ties with Netto – all stores to close by August
Sainsbury’s is ending its joint venture with Netto following a “comprehensive review” of the business and will close all 16 stores next month.
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NewsSuperdrug reports soaring annual profits and online growth
Superdrug has reported a jump in full-year profits and sales as the health and beauty retailer benefited from upping its in-store services.
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NewsStaples reviewing UK business following blocked Office Depot merger
Staples is reviewing the future of its UK business following the US stationery chain’s blocked merger attempt with Office Depot.
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NewsDreams poised for £400m sale just three years after administration
Dreams is being lined up for a £400m sale just three years after the retailer slumped into administration, according to reports.
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NewsNisa returns to full-year profit as strategic review bears fruit
Nisa has swung to full-year profit after improving own-label sales and tighter cost controls drove a “transformational year” for the business.
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NewsMike Ashley launches bid for Findel chairmanship
Sports Direct boss Mike Ashley bids to become chairman of home shopping group Findel, months after raising his stake in the business.
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NewsWaitrose full-year profits slip following spike in pension costs
Waitrose has suffered a 17% slip in full-year pre-tax profits, driven by rising pension costs across the John Lewis Partnership.
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NewsAgenda: Sports Direct full years plus M&S, Primark and Dunelm updates
Retail Week looks at what’s coming up this week, with full-year results from Sports Direct and updates from Marks & Spencer and Primark.
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NewsWiggle on final lap to acquire Chain Reaction Cycles after CMA approval
Wiggle’s acquisition of online rival Chain Reaction Cycles has been approved by the competition authorities with the deal due to complete “shortly”.
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NewsBHS administrators strike deal to sell 70 stores and online operations
BHS’s administrators have struck a deal to sell the collapsed retailer’s international business and its website, according to reports.
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NewsMy Local founder Mike Greene 'truly sorry' for c-store chain's collapse
The convenience store founder and boss Mike Greene said he is “truly sorry” for the retailer’s collapse after it plunged into administration yesterday.
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NewsWilko bounces back with 'year of recovery' as profits shoot up
Wilko’s profits before tax have risen 15% in what the company has hailed a “year of recovery” following a “challenging” few years.
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NewsBrexit prompts consumer confidence crash as recession fears loom
Consumer confidence has crashed following the UK’s vote to leave the European Union, according to the latest YouGov/CEBR index.
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NewsMy Local formally enters administration putting 1,658 jobs at risk
My Local, the convenience chain born out of Morrisons’ failed c-store business, has formally entered administration putting 1,658 jobs at risk.
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NewsBHS: MP Frank Field demands 'a very large cheque from the Green family'
Frank Field MP told Arcadia directors today that “a very large cheque from the Green family” was necessary to fill BHS’s pension black hole.
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NewsAs it happened: BHS inquiry hears from Goldman Sachs chiefs
Goldman Sachs’ most senior London director appeared before MPs over the collapse of BHS continues. Catch up on how the action unfolded on our live blog:
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NewsBHS: Fraudster denies claims he said Green would not sell to rivals
Claims that Sir Philip Green would not sell BHS to a rival because he wanted to preserve his reputation have been denied.
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NewsDixons Carphone full-year profits jump as boss hails 'momentous' year
Dixons Carphone has reported a 17% jump in full-year profits, while boss Seb James has shrugged off Brexit concerns.