All City & finance articles – Page 262
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Analysis
Analysis: Eight things we learnt from Tesco’s full-year results
Tesco swung into profit and moved back into sales growth as it continued its turnaround. Here are eight things we learnt from its results.
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News
Halfords fourth-quarter sales rise: What the analysts say
Halfords earlier today posted a 2.6% rise in fourth-quarter like-for-likes as bike sales increased for a second consecutive quarter.
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Opinion
Opinion: Tesco has calmer seas ahead, but still faces headwinds
Tesco’s full-year results represented a sea of calm compared with the turbulent and chaotic waters that investors encountered a year ago.
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Analysis
WHSmith half-year profits up 11%: What the analysts say
WHSmith has posted an 11% jump in half-year profits with a strong performance from its travel division. Here’s the City’s reaction.
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Analysis
Tesco back in the black: What the analysts say
Tesco revealed this morning it has bounced back into the black in its full year. Here’s the City’s reaction.
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News
Tesco boss Lewis insists ‘the job is not done’ despite sales growth
Tesco boss Dave Lewis has insisted that the grocer’s job is far from done as he continues his bid to transform the business.
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News
WHSmith half-year profits up 11% as travel sales offset flat high street
WHSmith has posted an 11% jump in half-year profits as the business reported a strong performance from its travel division.
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News
Halfords sales rise 2.6% in fourth quarter as full-year profits on track
Halfords has posted a healthy rise in fourth-quarter like-for-likes as sales of bikes rose for a second consecutive quarter.
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News
Tesco back in the black as UK like-for-likes return to growth
Tesco has reported its first rise in quarterly UK like-for-likes in three years and is back in the black for its full year.
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News
ScS boss bids to strengthen concessions to attract ‘aspirational’ shoppers
ScS boss David Knight insists its tie-up with House of Fraser has attracted a “more aspirational” customer and wants to strengthen its concession offer.
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News
Tesco sells stake in Lazada to Alibaba as it sheds more non-core assets
Tesco is offloading part of its stake in South East Asian ecommerce platform Lazada to etail titan Alibaba for $129m (£90.5m).
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News
ScS losses narrow amid 'significant' growth in total order numbers
ScS has narrowed its half-year losses following “significant” improvements in total order numbers as its ecommerce platform gained traction.
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News
Asos pre-tax profits rise as retail sales and mobile traffic surge
Asos has unveiled an 18% jump in half-year pre-tax profits as retail sales and mobile traffic soared during the period.
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News
Breakfast briefing: Retail news on Austin Reed and BRC retail sales
Retail round-up on April 12, 2016: Austin Reed could undergo financial restructuring and March retail sales suffer due to bad weather and early Easter.
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News
Darty board recommends cash bid from Steinhoff-owned Conforama
Steinhoff-owned Conforama’s acquisition of Darty has moved a step closer after the retailer’s board “unanimously” recommended its offer.
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News
Pets at Home reverses decision to hire Graeme Jenkins as new finance boss
Pets at Home has reversed its decision to appoint Graeme Jenkins as finance boss following an investigation into his former employer Target.
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Analysis
Analysis: Can Steve Rowe put M&S clothing back in fashion?
As Steve Rowe takes charge at Marks & Spencer following his promotion to chief executive, he has one overriding objective.
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News
Analysis: Why Spar South Africa's move into Switzerland stacks up
Spar South Africa has acquired a 60% stake in Spar Switzerland. Planet Retail’s Franziska Schmidt runs the rule over the deal.
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Opinion
Opinion: Retail restructuring? You ain’t seen nothin' yet
As customers demand more services and retailers keep reaching for their ‘holy grail’, the future of retail is becoming harder to predict.
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News
Uniqlo parent Fast Retailing slashes its profits forecast
Uniqlo’s parent, Fast Retailing, has slashed its profits forecast for the second time in three months, as it struggles at home and abroad.