More finance – Page 87
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AnalysisTesco boss Dave Lewis snaps up shares 13 months into reign
Tesco boss Dave Lewis has purchased a stake in the retailer, 24 hours after the board lifted a ban on trading shares.
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AnalysisTesco boss Lewis 'confident' the grocer is on the up despite tumbling profits
Tesco boss Dave Lewis believes the grocer has “stepped forward” as a business after hitting its lowest ebb, but warned “nothing is guaranteed”.
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AnalysisPoundland hires Hilco to renegotiate 99p Stores rents following acquisition
Poundland has hired adviser Hilco to renegotiate rents on 99p Stores, the business it acquired last month, Retail Week has learned.
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Analysis
Food prices slip back into deflation in September
Food prices returned to deflation in September after dropping deeps falls in fresh groceries drove overall food prices down 0.5%.
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AnalysisKurt Geiger pre-tax profits leap 242% on back of surging sales
Premium footwear brand Kurt Geiger’s pre-tax profits jumped 242% to £11.3m for the year on the back of surging sales.
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AnalysisConvivality completes acquisition of supplier Matthew Clark and rebrands
Bargain Booze owner Conviviality Retail has completed the acquisition of supplier Matthew Clark and dropped the word ‘retail’ from its name.
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Analysis
Sports Direct's proposed acquisition of Heatons: What the analysts say
Sports Direct has lined up a deal to acquire Irish department store group Heatons, as tipped by Retail Week. What do the analysts think?
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AnalysisIs Tesco on the road to recovery? What the analysts say
Tesco has reported a 55% slide in half-year profits as boss Dave Lewis continues his attempts to turn around the business.
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AnalysisBryan Roberts: Why Tesco still has big worries after a first-half mixed bag
Like almost every grocer’s results at the moment, Tesco’s update was a mixed bag – but the big worry is the underperforming superstore estate.
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AnalysisAnalysis: five things we learned from Tesco's first-half results
Tesco reports a 55% fall in operating profits, but hails improving like-for-likes, volumes and transactions in its core UK business.
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AnalysisBusiness rates reform – 'devolution revolution' or con-trick?
At first glance, the devolution of business rates looks like good news, but is it smoke and mirrors from George Osborne?
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AnalysisUPDATED: Sports Direct strikes £35m deal to fully acquire Ireland's Heatons
Billionaire retail tycoon Mike Ashley’s Sports Direct has lined up a move to take full ownership of Irish department store chain Heatons.
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AnalysisTed Baker sales and profits rise driven by growth online and in the US
Ted Baker has reported “strong growth” in half-year sales and pre-tax profits, driven by booming performance online and in the US.
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AnalysisComment: Ocado hunts international expert to join board as it seeks overseas deals
Food etailer Ocado is recruiting 2,000 more staff ahead of Christmas, but is also on the lookout for one new hire in particular.
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AnalysisTed Baker launches in Mexico and Hawaii on back of North American success
Ted Baker will open stores in Mexico and Hawaii following its success in the US as the fashion retailer widens its reach abroad.
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AnalysisGeorge Osborne to hand local authorities power to set business rates
Chancellor George Osborne has revealed plans to abolish the uniform business rate and hand local authorities the power to set rates.
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AnalysisAmerican Apparel files for bankruptcy protection in the US
Troubled US fashion retailer American Apparel has filed for bankruptcy protection, buy its boss says it can become a “stronger” company.
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Analysis
Christo Wiese's Brait ups stake in frozen food retailer Iceland to 57%
Brait, the investment vehicle of South African billionaire Christo Wiese, has boosted its shareholding in frozen food chain Iceland to 57%.
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AnalysisPoundland's head of ecommerce to speak at Retailing in 2020 masterclass
Hear from Poundland about how it is disrupting discount retail with its transactional website, and its tactics to engage connected consumers.
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AnalysisAustin Reed losses balloon as unprofitable stores hit performance
Premium menswear retailer Austin Reed has reported ballooning full-year losses and falling sales in the year to January 31.















