All City & finance articles – Page 221
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NewsTesco boss Lewis 'completely committed' to Booker deal
Tesco boss Dave Lewis has insisted the grocer remains “completely committed” to the Booker acquisition despite shareholder opposition.
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OpinionOpinion: Administration should only be a last resort
Retail’s recent insolvency activity, both real and threatened, reignites arguments surrounding the legitimacy of the procedure as a means of cutting loose loss-making stores.
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NewsCard Factory eyes openings in retail parks and Ireland
Card Factory has identified big growth opportunity in retail parks and in the Republic of Ireland.
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OpinionTesco’s Booker deal deserves benefit of the doubt
A shareholder revolt against Tesco’s proposed merger with Booker has called into question the merits of the deal.
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NewsCard Factory profits dented by 'lower' footfall
Card Factory’s full-year profits were dented as “lower levels of footfall” to its stores slowed sales growth.
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NewsMoss Bros profits jump amid store and online investment
Moss Bros has posted surging full-year profits as investments in ecommerce and store refits bore fruit.
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NewsTesco’s Booker deal in doubt as it agrees SFO fine
Tesco’s takeover of food wholesaler Booker has been thrown into doubt after two of its largest shareholders slammed the proposed £3.7bn deal.
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OpinionOpinion: Asos is blazing a post-Brexit trail
If the defeatists and doom-mongers are to be believed, the triggering of Article 50 will be a proverbial bullet to the brain of many retailers.
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NewsToday in retail: 99p Stores' contentious administration
As fiercely competitive market dynamics continue to take their toll on retailers, today has brought another controversial administration.
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NewsPoundland-owned 99p Stores falls into administration
Value chain 99p Stores has tumbled into administration less than two years after it was bought by Poundland, Retail Week can reveal.
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NewsToday in retail: Foyles books a jump in profits
The resurgence of physical book sales was given another shot in the arm today as Foyles unveiled a spike in pre-tax profits.
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AnalysisInfographic: Sainsbury's inflation and FCUK problems
The week in words and numbers, March 24, 2017: Sainsbury’s boss Mike Coupe promises to limit inflation impact on customers; French Connection investor slams chief
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AnalysisAgenda: Moss Bros, Card Factory, DFS and Booker
Retail Week looks ahead to the next seven days, with financial updates from Moss Bros, Card Factory, DFS and Booker all on the agenda.
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NewsRay Kelvin: We don’t need a chief customer officer
Ted Baker boss Ray Kelvin has questioned the trend of employing chief customer officers, insisting that his business can run without one.
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AnalysisAnalysis: How is Lord Wolfson going to fix Next?
Next reported its first negative year since the recession this morning, marking the end of its tenure as a bullet-proof business.
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AnalysisWhat’s next for Kingfisher in its five-year rebuild?
B&Q and Screwfix owner Kingfisher has completed the first leg of its five-year mission to become a unified company.
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NewsBlue Inc CVA 'unanimously' approved by creditors
Blue Inc’s company voluntary arrangement (CVA) has been “unanimously” approved by creditors following a crunch vote.
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OpinionNick Bubb’s verdict: Headwind versus tailwind at Next
Today’s questions: how cautious would Next be about the economic headwinds for the sector? And how optimistic is it about any tailwinds for the business?
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AnalysisAnalysis: How Next is stress-testing its store portfolio
As online sales grow, fashion giant Next has assessed the viability of its stores. In this extract from Next chief executive Lord Wolfson’s preliminary results business review, he considers three scenarios and explains why he is confident shops ”will remain a profitable asset”.
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NewsTed Baker profits jump as its global retail sales surge
Ted Baker has posted a jump in full-year profit, driven by sales growth in all of its key markets.