All City & finance articles – Page 189
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NewsCarpetright issues profit warning after poor Christmas
Carpetright has issued a profit warning following a post-Christmas trading period that was “significantly behind expectations”.
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NewsPrimark like-for-like sales climb over Christmas
Primark has unveiled an increase in total and like-for-like sales over Christmas.
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NewsHalfords posts Christmas sales rise as new boss starts
Halfords has reported an uplift in Christmas sales but cautioned that the trading environment remains subdued.
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AnalysisDon’t begrudge Asos’ merry Christmas, learn from it
As some dire non-food Christmas trading results have rolled in, there were a couple of bright spots in an otherwise gloomy January sky.
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NewsDunelm registers rise in golden quarter revenues
Dunelm has hailed an increase in sales and market share during its golden quarter, despite margin pressures.
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NewsShop Direct names interim CEO as Christmas sales spike
Shop Direct has named group finance director Derek Harding as its interim chief executive following a spike in Christmas sales.
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NewsJD ups profit guidance after ‘encouraging’ Christmas
JD has edged up its full-year profit forecast off the back of “encouraging” trading during the crucial Christmas period.
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NewsB&M delivers ‘outstanding’ Christmas sales spike
B&M has reported a jump in sales over the golden quarter driven by its rapid bricks-and-mortar expansion and grocery offering.
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NewsAgenda: Dunelm, JD Sports, Primark and Bonmarché
Retail Week looks ahead to the next seven days, with updates from Dunelm, JD Sports and Primark on the agenda.
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AnalysisRetail's Christmas: Premium, promos and polarisation
With a slew of retailers including Tesco, M&S, John Lewis and House of Fraser updating today, much has been learned about the golden quarter. Retail Week picks out the key trends.
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DataData: Business rates turn up heat on department stores
The focus on department stores has intensified in recent weeks, as the big-box retailers grapple with changing shopping habits, increasing costs and a turbulent trading landscape.
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NewsTesco boss Dave Lewis: Food price inflation ‘abating’
Tesco boss Dave Lewis believes food price inflation will slow down this year as pressures on sourcing costs begin to ease.
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AnalysisAnalysis: House of Fraser or house of cards?
How will embattled department store group House of Fraser fare during the year to come?
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NewsM&S poaches Dixons Carphone finance boss Singer
Marks and Spencer has poached Dixons Carphone’s Humphrey Singer to become its chief finance officer.
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NewsMoss Bros cautions on profits as festive footfall drops
Moss Bros has cautioned profits will come in below market expectations after “lower than anticipated” footfall during the crucial Christmas trading period.
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NewsSuperdry sales jump as digital strategy bears fruit
Superdry revealed bumper Christmas sales and a jump in half-year profits as its “disruptive” multichannel approach starts to pay off.
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NewsMorrisons’ Potts: Premium festive lines ‘hit the spot’
Morrisons boss David Potts has hailed the impact of its premium ‘Best’ ranges as the grocer posted a consensus-busting jump in Christmas sales.
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NewsRetail administrations skyrocket to five-year high
The rate of retail insolvencies increased in 2017, driven by a dramatic uplift in the number of administrations from larger retailers.
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OpinionOpinion: Will 2018 be the year of the retail CVA?
“At this rate, you’ll only be writing about Amazon.”
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NewsNew Look under pressure as supplier insurance cover cut
New Look has been dealt a fresh blow as a credit insurer has stopped selling its suppliers cover against insolvency.