All City & finance articles – Page 243
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News
Maplin owner considering £40m bid for French Connection
The owner of Maplin Electronics and Pizza Hut is reportedly eyeing a bid for fashion retailer French Connection.
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News
Etailer Notonthehighstreet lands £21m in venture capital funding
Online retailer Notonthehighstreet.com has secured £21m from its investors in a move to expand in the UK and international markets.
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News
Agenda: McColl's trading update and Ikea opens at Westfield Stratford
Retail Week looks ahead to the next seven days with a trading update from McColl’s and Ikea’s Westfield Stratford opening both on the agenda.
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News
Sports Direct faces fresh pressure as investor group urges review
The Investor Forum has placed fresh pressure on Sports Direct with a call for an independent review of its corporate governance.
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News
WHSmith profits on track as travel business performs strongly
WHSmith expects its full-year profits to be in line with expectations as it reported a continuing strong performance from its travel business.
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Opinion
Opinion: Asda's fightback must be about more than just price
Asda’s nightmarish Q2 update was good news for its rivals, not just because the 7.5% LFL tumble was further evidence of how far it lags its peers.
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Opinion
Opinion: As Walden says farewell to Argos, he leaves a better business
Next week one chapter in the Argos story closes and another begins when its £1.4bn takeover by Sainsbury’s completes.
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News
Asda offloads photo business as it sharpens focus on core supermarkets
Asda has sold its loss-making photo business in a £5.35m deal as the grocer increases its focus on its core supermarket operations.
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Analysis
Analysis: Five lessons retailers can learn from Team GB's gold rush
As Team GB celebrates its best-ever Olympic medal haul on foreign soil, we analyse what retailers can learn from the success of British athletes.
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News
London tourism spend soars post-Brexit vote but long-term picture uncertain
West End income from tourism has soared in the period following the Brexit vote, with American and Chinese visitors the highest contributors.
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News
JD Sports mulls takeover bid for Go Outdoors to ramp up expansion plans
JD Sports is eyeing a takeover of rival high-street chain Go Outdoors as the retailer presses ahead with its ambitious growth plans.
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News
Debenhams’ Irish business exits examinership, saving 1,330 jobs
Debenhams’ Irish business has been saved after the High Court approved a restructuring programme that will safeguard 1,330 jobs.
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Opinion
This week in retail: WHSmith takes centre stage as it issues pre-close update
High street and travel retailer WHSmith will find itself in the spotlight on Wednesday when it posts a pre-close update.
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News
Gap sales and profits decline as global restructure begins
Fashion retailer Gap has reported falling profits and sales in its second quarter, as it began to “execute restructuring plans”.
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News
Calls for Theresa May to scrap Osborne's living wage over job cut fears
A leading think-tank has urged Theresa May to ditch the national living wage over fears it will cost thousands of jobs and not cut poverty.
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Analysis
Kingfisher second-quarter sales jump: What the analysts say
Kingfisher reported a 7.2% rise in its second-quarter UK like-for-likes driven by a 13.3% jump at Screwfix. Here’s the City’s reaction.
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Opinion
Opinion: Asda's latest sales setback shows turnaround will be a long slog
Asda’s second-quarter numbers are unsurprisingly disappointing, yet the 7.5% dip in like-for-likes is perhaps heftier than anticipated.
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News
Kingfisher second quarter like-for-likes up driven by B&Q and Screwfix
Kingfisher has posted improved like-for-likes in its second quarter, with growth driven by good performances at its British and Polish arms.
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Analysis
Analysis: Recession lessons that will help retailers trade through Brexit
As retailers prepare for any Brexit storm, we look at what can be learned from the success stories of the recent recession.
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News
TJX boosted by value credentials as its raises full-year forecast
TJX, the US-based value retailer, has raised its full-year guidance after a strong second-quarter driven by an increase in customer numbers.