More finance – Page 86
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AnalysisGame invests 'heavily' in Multiplay and prepares for virtual reality gaming
Game is to invest “heavily” in its Multiplay business and is preparing to exploit the virtual reality gaming market as it adapts for the digital age.
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AnalysisWHSmith boss downplays living wage impact as 'business as usual'
The introduction of the national living wage in April will have minimal impact on WHSmith, according to boss Stephen Clarke.
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AnalysisBurberry's half-year results disappoint: What the analysts say
Burberry fell well short of forecasted sales growth in its half-year results, here’s what the analysts had to say about the results.
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AnalysisN Brown half-year profits slump as digital transformation costs hit retailer
N Brown has reported a slump in half-year profits and that is has closed 18 clearance stores as it continues to transform into a digital business.
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AnalysisBRC warns business rates will top £8bn despite UK deflation
The British Retail Consortium (BRC) has warned that the business rates burden on retailers could break the £8bn barrier despite the country falling into deflation.
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AnalysisMatalan expects profits to tumble as warehouse issues cause 'severe impact'
Matalan expects its full-year profits to tumble after it suffered the “severe financial impact” of problems at its new distribution centre during its second quarter.
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AnalysisWalmart expects profits to fall as it reinvests in staff and ecommerce
Walmart has said profits will drop between 6% and 12% in its next financial year as it ploughs cash into reviving its slowing sales growth.
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AnalysisToys R Us merchandise chief resigns months after European restructure
Toys R Us’ former UK boss Roger McLaughlan has resigned from the retailer a few months after being handed a new role following a European restructure.
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AnalysisSports Direct chiefs must act to address the retailer’s worsening reputation
Sports Direct is one of the greatest entrepreneurial success stories in contemporary retail, but its apparent disdain for the outside world is increasingly taking a toll.
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AnalysisUK returns to deflation after 'smaller than usual' rise in clothing prices
The UK has fallen back into deflation as a smaller than usual rise in clothing prices and falling fuel costs drove the inflation rate down.
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AnalysisTesco faces legal action from US investment funds over accounting scandal
Tesco is facing multimillion-pound legal action from four US pension and investment funds after its “massive restatement” of profits last year.
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AnalysisWaterstones sales up 5% after 'better vintage' releases on Super Thursday
Waterstones managing director James Daunt revealed Super Thursday boosted sales by 5% following a “better vintage” of book launches this year.
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AnalysisNext week in retail: N Brown interims, WHSmith results, Game and Zalando
Retail Week presents a round-up of what to look out for next week, including a half-year update from N Brown and full-year figures from WHSmith.
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AnalysisUniqlo Europe's operating profits contract after refurb of London flagship
Uniqlo Europe’s annual operating profits contracted following losses incurred from the refurbishment of its London flagship store.
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AnalysisAsda profits surpass £1bn mark despite falling sales and market share
Asda’s operating profits increased 1.9% to £1.012bn last year despite falling like-for-like sales and declining market share.
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AnalysisDFS sales and profits surge as it buys Spanish business to target expats
DFS has reported a surge in full-year revenues and profits as it buys a Spanish business to target the British expat community.
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AnalysisDunelm buys Fogarty linen brand as first-quarter like-for-likes jump
Dunelm has posted a jump in like-for-like sales in its first quarter and revealed the acquisition of 200-year old linen brand Fogarty
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AnalysisJaeger private equity owner Better Capital considers sale
The private equity owner of fashion retailer and brand Jaeger is considering a sale of the company according to reports.
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AnalysisThe devil is in the detail of business rates reform pledge
The devolution of the business rates system to local authorities was one of the biggest surprises of the Conservative conference this week.
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AnalysisSports Direct plans 'multi-million' investment in Heatons' sports offer
Sports Direct is planning a “multi-million investment” in Heatons’ store estate as it believes the group’s sports offer can be improved.