All City & finance articles – Page 226
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Analysis
Agenda: Asda and Hotel Chocolat update the market
Retail Week looks ahead to the next seven days, with Asda’s latest quarterly update and half year results from Hotel Chocolat both on the agenda.
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News
Homebase owner makes loss in UK amid Bunnings rebrand
Australian conglomerate Wesfarmers, which bought Homebase last February, said it made a pre-tax loss of £28m in the UK in its maiden half-year.
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News
Today in retail: Will inflation stunt consumer spending?
Retailers will have watched with interest today as the latest figures showed inflation has hit a two-and-a-half year high.
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Opinion
Opinion: Waitrose’s tough decisions are in its interests
Who’d have thought that just a year into his tenure, Waitrose managing director Rob Collins would be closing stores?
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Data
Data: Top 50 retailers by sales during 2015/16 financial year
Retail Week’s ranking of the UK’s top 50 retailers by sales for the 2015/16 financial year sees The Range, Inditex and Asos enter the table for the first time.
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News
Today in retail: Tesco plagued by pricing pitfalls
Tesco has dominated the retail headlines today after claims that promotional offers at the shelf edge were not being applied at the tills.
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News
Co-op Bank up for sale as finances falter
The Co-op Bank is putting itself up for sale, inviting offers to buy all shares.
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News
Agent Provocateur deal nears as Lion emerges as bidder
Agent Provocateur’s owners are reportedly close to securing a deal, with the circle of buyers narrowing to around three.
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News
Jaeger on the hunt for investors as turnaround continues
Jaeger is reportedly looking for investors, engaging Alix Partners to examine interest from potential partners or to find a buyer.
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News
Advent sells off remaining DFS shares as margin hit
Private-equity company Advent has sold remaining shares in DFS, which represent a 12.1% stake in the company.
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News
Agenda: Homebase Bunnings reveal latest sales figures
Retail Week looks ahead to the next seven days with financial updates from Homebase Bunnings owner Wesfarmers on the agenda.
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News
Today in retail: Dunelm dips as market bites
Dunelm revealed slumping profits today as a challenging market, disrupted supply chain and an acquisition-laden half took its toll.
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News
Dunelm half-year profits slip amid ‘weaker market’
Dunelm has suffered a slump in profit during the first half of its financial year as a “weaker market” and “supply chain disruption” hampered performance.
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News
Yoox Net-a-Porter sales jump as customer numbers grow
Yoox Net-a-Porter has posted a spike in full-year sales as the group hailed increases in order numbers and active customers.
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Analysis
Analysis: Who could be on Asda's shopping list?
The past year has witnessed a monumental shift in strategy from the UK’s leading grocers as supermarket chains seek to open up new revenue streams.
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News
Co-op boss Richard Pennycook to step down
The Co-op’s group chief executive Richard Pennycook is stepping down from the mutual, to be succeeded by food boss Steve Murrells.
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News
Today in retail: Aldi topples the Co-op to hit high five
Aldi greeted this morning’s news that it has toppled the Co-op to become the fifth largest grocer in the UK with little fanfare.
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News
Booker bids to convince retailers over Tesco deal
Booker bosses will kick-start a tour of the UK tomorrow as they bid to convince independent retailers of its shock £3.7bn merger with Tesco.
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News
New Look sales and profits plunge in third quarter
New Look suffered plunging sales and profits during the crucial Christmas quarter as it lamented the “extremely challenging” trading environment.
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News
Boohoo.com on track to complete Nasty Gal acquisition
Booohoo.com is set to complete its acquisition of Nasty Gal as no other qualifying bids for the retailer have been received.