All City & finance articles – Page 253
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NewsTesco UK like-for-likes rise 0.3% as Harris + Hoole sale agreed
Tesco has reported a second consecutive rise in quarterly UK like-for-likes and struck a deal to sell its coffee chain Harris + Hoole to rival Caffè Nero.
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AnalysisBHS: Following the money - the creditors report in numbers
BHS’s administrators have filed their report to creditors. Retail Week takes a look at the key facts and figures from the 102-page document.
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NewsH&M first-half profits fall as currency conversions continue to bite
H&M profits continued to fall in its first-half despite increased sales as unseasonable weather and volatility of the US dollar hurt results.
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NewsDebenhams like-for-likes slip after weak clothing performance
Debenhams has reported a 0.2% fall in its third-quarter like-for-likes after weak fashion sales, but online and non-clothing purchases rose.
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NewsJoules posts jump in full-year sales months after floating on AIM
Joules has posted an increase in full-year sales just months after the fashion and home retailer listed on the London Stock Exchange.
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NewsReiss turnaround plan bears fruit as full-year profits and sales soar
Reiss has posted a jump in full-year profits and sales as the luxury fashion retailer’s three-year turnaround plan bears fruit.
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NewsZara outshines fashion rivals as UK sales and profits rise
Zara reports an increase in full-year sales and profits at its UK business despite the subdued performance of its rivals in the last year.
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OpinionOpinion: The timing is right for Steinhoff's move on Poundland
South African retail group Steinhoff failed to pounce on Home Retail and Darty earlier this year, but is now chasing a Poundland acquisition.
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NewsMajestic boss warns a Brexit would push up price of wine
Majestic Wine boss Rowan Gormley has warned a Brexit would push up the price of wine as the cost of imported goods will inevitably rise.
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NewsMajestic Wine full-year sales fizz but profits hit by Naked Wines deal
Majestic Wine has reported a 41% jump in annual sales but its bottom line was hit by the costs from its acquisition of Naked Wines.
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NewsJD boss Cowgill expects ‘excellent’ first-half results after Euro 2016 boost
JD Sports boss Peter Cowgill expects the retailer to unveil “excellent” results for the first half of its current financial year.
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AnalysisInfographic: Amazon Fresh is launched, plus the latest retail sales stats
The week in words and numbers, June 17, 2016: Ajay Kavan on the launch of Amazon Fresh, Sports Direct on its BHS bid and the latest retail stats
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NewsAgenda: Tesco update, Majestic Wine full-year results and the EU referendum
Retail Week looks to next week with Tesco’s first-quarter update, full-year results from Majestic Wine and the EU referendum on the agenda.
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NewsBHS inquiry: Sir Philip Green insists he did not block Ashley's rescue bid
Sir Philip Green has insisted he did not block any bids to save collapsed department store chain BHS as it plunged into administration.
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NewsBHS inquiry: Sir Philip Green vows to 'find solution' to pension deficit
Former BHS owner Sir Philip Green has vowed to “find a solution” to the collapsed department store chain’s £571m pension scheme.
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NewsHolland & Barrett profits soar as UK drives like-for-like growth
Holland & Barrett’s full-year sales and profits rose in what finance boss Christian Keen deemed a “strong financial performance”.
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NewsEx-BHS owner Sir Philip Green confirms he will face MPs
Former BHS owner Sir Philip Green says he will appear before a parliamentary inquiry as questioning over the retailer’s collapse continues.
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NewsMy Local hires KPMG to explore strategic options following tough trading
My Local, the convenience chain born from the ashes of Morrisons’ c-store estate, is in talks with advisers over strategic options following lacklustre trading.
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NewsFindel admits ‘need to improve’ after drop in full-year profits
Findel has reported a 10.6% drop in pre-tax profits before exceptionals to £24.8m following a “more challenging than expected” year.
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NewsCost of national living wage and Brexit uncertainty hits retail jobs
Jobs in the retail sector could fall to their lowest level in five years as the cost of the national living wage (NLW) starts to take its toll on retailers.