All City & finance articles – Page 212
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NewsNew Look profits slump as UK sales suffer
New Look has suffered a slump in full-year profits and like-for-like sales amid a stark warning that the coming year will “remain challenging”.
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NewsAO.com narrows losses despite ‘challenging’ UK market
AO.com has narrowed its full-year losses despite the “challenging trading environment” in the UK and continued losses in Europe.
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NewsToday in retail: Ocado and Iceland reap online rewards
It’s been years in the making – and today Ocado could finally bask in the limelight of its first international deal.
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AnalysisFive of the biggest pureplays you’ve never heard of
Our list of the biggest UK-based pureplay retailers by sales had some surprising entries. We take a look at five of the most successful, but perhaps less familiar, etailers giving the most established players a run for their money.
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OpinionOpinion: Was Ocado’s first overseas deal worth the wait?
It’s been a long time coming, but was news of Ocado’s hotly anticipated maiden international tie-up worth the rather protracted wait?
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NewsTesco PwC probe closed by accounting watchdog
The UK’s accounting watchdog has closed its investigation into Tesco’s accounts, which was launched in the wake of the grocer’s profits scandal.
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NewsTesco investor warns grocer over Booker deal
The boss of Tesco investor Artisan Partners has claimed he has not spoken to a single investor who backs the grocer’s proposed tie-up with wholesaler Booker.
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NewsProfits slide 16% at Topshop owner Arcadia
Profits at retail tycoon Sir Philip Green’s Arcadia business have fallen as the Topshop to Dorothy Perkins group confronted harsh trading conditions.
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NewsShop Direct private equity interest stalls
Some leading private-equity houses have decided against bidding for home shopping giant Shop Direct.
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NewsSchuh reveals rising profits to beat footwear market
Schuh has revealed rising profits and sales in its full-year results, as it continues to press ahead with store expansion.
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NewsFrench Connection investors issue Marks ultimatum
The bitter French Connection row has escalated further after one of the company’s biggest shareholders issued an ultimatum to its founder Stephen Marks.
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NewsAsda slashes small supplier payment terms to 14 days
Asda is reducing its payment terms for small suppliers to 14 days as it beefs up efforts to work “more effectively” with its supply base.
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NewsToday in retail: Tesco and Booker begin watchdog slog
If the competition watchdog’s recent record is anything to go by, Tesco and Booker should brace themselves for a long slog.
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NewsChinese healthcare firm in last-minute Body Shop bid
A Chinese healthcare company is considering making a late bid for the Body Shop, which has been put up for sale by its French owner L’Oréal.
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AnalysisAnalysis: Has Pets at Home got its bite back?
Pets at Home has been in the dog house of late, especially after City broker Morgan Stanley suggested it “faced a bleak future” earlier this month.
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NewsMountain Warehouse profits ascend as expansion beckons
Mountain Warehouse earnings soared last year as its chief executive Mark Neale hailed the “massive benefits” of its international stores and looked to future expansion.
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NewsBHS administrator could rack up more fees
BHS administrator Duff & Phelps stands to make further fees for work following the retailer’s collapse, which would bring its total remuneration to almost £4m.
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NewsArcadia tycoon Green hopes to rescue Topshop Australia
Arcadia owner Sir Philip Green aims to stage a rescue of the Topshop business in Australia following the collapse into insolvency of the retailer’s franchise partner Down Under.
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NewsToday in retail: Thursday’s throng of financial updates
Today brought a flurry of results as B&M, Pets at Home, Halfords, Card Factory and Conviviality updated the market.
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NewsConviviality sales jump amid 'unprecedented' change
Bargain Booze owner Conviviality has posted a jump in retail sales during what it called an “unprecedented year of change”.