All City & finance articles – Page 253
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NewsAgenda: Sainsbury's, Home Retail, Ao.com and Bonmarché updates
Retail Week looks to next week with updates from Sainsbury’s and Home Retail, plus full-year figures from Ao.com and Bonmarché on the agenda.
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OpinionBHS's demise reflects how brutal the UK high street can be
BHS’s demise throws into sharp relief how unforgiving the British high street can be, and proves that retailers must thrive to survive.
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NewsBHS to be wound down as rescue effort falls apart
The administrators for BHS have revealed the chain will be wound down, with 11,000 jobs at risk and all stores to be closed down.
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VideoWalmart AGM video blog: Walton’s 5&10, Walmart museum and welcome concert
Retail Week has crossed the pond to Bentonville, Arkansas this week for a front-row seat at Walmart’s annual shareholders’ event.
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NewsHalfords boss upbeat on cycling growth despite sales dip
Halfords’ boss has said she remains confident about long-term growth in cycling sales as participation in the UK is still “quite low”.
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NewsHalfords' full-year profits decline: what the analysts say
Halfords has reported a drop in full-year profits as the strength of its motoring division picked up the slack. Here’s the City’s reaction.
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NewsAustin Reed: the full list of stores to close this month
Austin Reed administrators said yesterday that all stores will close, following the sale of the Austin Reed and Country Casuals brands to Edinburgh Woollen Mill.
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NewsHalfords profits dip but cycling sales boosted in second half
Halfords has revealed a slight dip in full-year profits but its cycling division recovered in its second half despite “weaker market conditions”.
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OpinionOpinion: New chief must reignite lacklustre Debenhams
After months of speculation, false starts and near misses, we learned last week who has been tasked with leading Debenhams.
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NewsLess than one third of retail bosses confident about next six months
Just 29% of major retail bosses are confident about the industry’s prospects over the next six months, according to a survey by PwC.
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OpinionOpinion: Steve Rowe should be given leeway as M&S's new broom
The honeymoon period is over for M&S boss Steve Rowe after he revealed a sharp fall in profits and saw the retailer’s share price dive last week.
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NewsThe Hut snaps up brand from Walgreens Boots Alliance to drive beauty offer
The Hut Group has acquired rival upmarket etailer Salu Beauty from Walgreens Boots Alliance in an ongoing drive to bulk up its beauty proposition.
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NewsSports Direct owner Mike Ashley’s bid to acquire Austin Reed collapses
Sports Direct tycoon Mike Ashley’s bid to acquire beleaguered fashion chain Austin Reed has collapsed, Retail Week has learned.
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VideoThe Retail Week with Tony Shiret: M&S results, Debenhams' boss and Dixons
Analyst Tony Shiret joins the team to discuss Steve Rowe’s first big test as M&S boss, Debenhams’ new boss and Dixons’ strong showing
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NewsJoules share price rockets to 195p on stock market debut
Joules has seen its share price soar by nearly a quarter since commencing its first day of trading on the London Stock Exchange this morning.
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NewsPets at Home profits and sales rise as pet market proves 'resilient'
Pets at Home has posted a rise in full-year profits and sales as its boss pointed to the “resilient” pet market, compared with general retail.
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NewsB&M profits jump as store expansion fuels full-year sales growth
Value operator B&M has reported a surge in full-year profits and sales as it opened a record number stores in its last financial year.
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AnalysisAnalysis: How is M&S's new boss Steve Rowe refocusing the business?
M&S’s new chief executive Steve Rowe today claimed retail is “a very simple business” as he unveiled plans to revitalise its ailing clothing arm.
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OpinionNick Bubb’s verdict: Is Marks & Spencer stepping back (again)?
So is Marks & Spencer right to take a short-term profit hit in order to build the foundations for a turnaround in the long term?
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NewsBHS: Dominic Chappell had 'ambitious' plans to buy more UK retailers
Dominic Chappell had “ambitious” plans to acquire more retailers after Retail Acquisitions snapped up BHS, advisers have revealed.