Latest finance news – Page 332
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NewsBreakfast briefing: Retail news on BHS and The Hut
Retail round-up on May 31, 2016: MPs to grill property tycoons and advisers who supported BHS takeover, and The Hut acquires rival Salu Beauty
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NewsSainsbury's bid for Argos faces probe by competition watchdog
The UK’s competition watchdog has launched an investigation into Sainsbury’s planned £1.4bn acquisition of Argos owner Home Retail.
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NewsSports Direct owner Mike Ashley’s bid to acquire Austin Reed collapses
Sports Direct tycoon Mike Ashley’s bid to acquire beleaguered fashion chain Austin Reed has collapsed, Retail Week has learned.
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NewsUK families had highest amount of disposable income in April on record
Disposable income hit £200 per week for the average UK family last month, the highest level of spending power on record.
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NewsConsumer confidence remains negative as 'Brexit gremlins' take hold
Consumer confidence remained in negative territory in May as “Brexit gremlins” continued to play on the minds of British shoppers.
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NewsBreakfast briefing: Retail news on BHS and Sports Direct
Retail round-up on May 27, 2016: Portuguese consortium closes in on deal to save BHS and Mike Ashley threatens to skip parliamentary appearance.
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NewsDarty posts sales lift as Fnac and Steinhoff bids await board approval
Darty has reported a jump in like-for-like sales as Fnac and Steinhoff wait to hear whether their bids have been recommended by its board.
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NewsJoules share price rockets to 195p on stock market debut
Joules has seen its share price soar by nearly a quarter since commencing its first day of trading on the London Stock Exchange this morning.
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NewsPets at Home profits and sales rise as pet market proves 'resilient'
Pets at Home has posted a rise in full-year profits and sales as its boss pointed to the “resilient” pet market, compared with general retail.
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NewsB&M profits jump as store expansion fuels full-year sales growth
Value operator B&M has reported a surge in full-year profits and sales as it opened a record number stores in its last financial year.
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NewsTwo BHS suppliers collapse into administration causing 350 job losses
BHS suppliers Cuk Clothing and Courtaulds Brands have entered administration and have attributed their demise to the retailer’s collapse.
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NewsBHS: Dominic Chappell had 'ambitious' plans to buy more UK retailers
Dominic Chappell had “ambitious” plans to acquire more retailers after Retail Acquisitions snapped up BHS, advisers have revealed.
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NewsM&S profits fall as boss Rowe unveils strategy: what the analysts say
Marks & Spencer has unveiled a drop in pre-tax profits as Steve Rowe revealed his plans for the retailer. This is what the analysts said.
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NewsFormer Next and Mothercare exec Tufnell emerges as BHS front runner
Former Next, Mothercare and Burton executive Greg Tufnell is spearheading a bid to rescue beleaguered department store chain BHS.
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NewsDixons Carphone hails 'excellent year' in UK as fourth-quarter sales rise
Dixons Carphone has posted a jump in fourth-quarter like-for-like sales as it hailed an “excellent year” for its UK business.
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NewsM&S full-year profits fall as Rowe warns strategy will dent earnings
M&S has posted a slump in full-year profits as new boss Steve Rowe warned his strategy will have an “adverse effect” on short-term earnings.
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NewsBreakfast briefing: Retail news on BHS and Sports Direct
Retail round-up on May 25, 2016: Former Burton boss ahead in the race to save collapsed BHS and MPs could reject Mike Ashley's offer to meet him at Shirebrook warehouse.
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NewsCard Factory first-quarter sales hit by 'softer' high-street footfall
Card Factory has warned that like-for-like sales growth was “softer” during its first quarter after being hit by a slump in footfall.
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NewsTopps Tiles' half-year profits jump amid sales and gross margin gains
Topps Tiles has unveiled a jump in half-year profits and sales after store revamps and new ranges gained traction with shoppers.
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NewsKingfisher first-quarter sales rise driven by B&Q and Screwfix
B&Q owner Kingfisher has posted a 3.6% uplift in like-for-like sales during its first quarter, driven by its performance in the UK and Poland.