All City & finance articles – Page 267
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News
Ocado first-quarter sales soar as weekly orders pass 250,000 for first time
Ocado has posted a 13.8% rise in first-quarter retail sales as it shipped 250,000 orders in a week for the first time.
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News
Sainsbury's fourth-quarter like-for-likes inch up as online sales jump
Sainsbury’s has revealed a 0.1% rise in like-for-likes for its fourth quarter, while online sales surged 14% over the period.
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News
Sir Philip Green could be asked to pay £280m over BHS pension deficit
Sir Philip Green could be asked to pay £280m into BHS’s pension pot to stop the department store chain’s staff having their pensions cut.
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News
Sports Direct tycoon Ashley ‘disgusted’ by ‘deliberately antagonistic’ MPs
Sports Direct tycoon Mike Ashley has reacted angrily to MPs who threatened him with being in contempt of Parliament.
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Video
The Retail Week: John Lewis, Waitrose, Morrisons and Sunday trading discussed
The John Lewis Partnership and Morrisons share results, and the Government is defeated over Sunday trading in The Retail Week for March 11.
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News
Agenda: Sainsbury's, Ocado, Ted Baker results and Argos deadlines
Retail Week looks ahead to next week with full-year figures from French Connection, Ted Baker and bid deadlines for Argos on the agenda.
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News
Morrisons boss Potts insists there are 'no concerns' over Amazon tie-up
Morrisons boss David Potts insists he has “no concerns” over the nature of the grocer’s relationship with online giant Amazon.
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News
Home Retail boss Walden: Argos has delivered 'clear value' for bidders
Home Retail boss John Walden said Argos demonstrated “clear value” for bidders Sainsbury’s and Steinhoff following its full-year results.
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Analysis
Morrisons profits fall but trading improves: What the analysts say
Morrisons posted a decline in full-year profits but trading performance improved during its fourth quarter. This is what the analysts said.
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News
John Lewis Partnership reports fall in full-year profits
John Lewis Partnership has reported a 10.9% decline in full-year pre-tax profits to £305.5m, in line with expectations.
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News
Argos like-for-likes fall but retailer reports improving trend over the year
Argos like-for-likes fell 1.1% in the eight weeks to February 27, hampered by declining sales of electricals.
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News
Morrisons full-year profits fall but trading improves in fourth quarter
Morrisons full-year profits and sales have declined but the grocer has delivered an improving performance and will continue to invest in its turnaround.
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News
Yoox Net-a-Porter unveils stellar results as EBITDA and revenues rocket
Fashion etailer Yoox Net-a-Porter has increased profits and revenues 31%, following the merger between the two luxury ecommerce rivals.
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Analysis
Analysis: Hotel Chocolat’s flotation on the AIM in numbers
After revealing its intention to float, Retail Week takes a closer look at the numbers potential Hotel Chocolat investors will be poring over.
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News
Hotel Chocolat float marks retailer's 'coming of age', says boss Thirlwell
Hotel Chocolat co-founder and boss Angus Thirlwell has hailed the retailer’s intention to float as “a coming of age” for the business.
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News
Zara owner Inditex’s profits jump as like-for-likes up 8.5%
Zara owner Inditex has posted a sharp rise in full-year profits and sales as it continued its global store expansion plans.
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News
Hotel Chocolat to float on AIM to 'accelerate' growth plans
Hotel Chocolat intends to float on the London Stock Exchange market for smaller firms, AIM, as it plots more store openings.
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Opinion
Opinion: Why the Budget needs to bring action on business rates
George Osborne must deliver a better business rate deal, not just for the survival of bricks-and-mortar retail but for the sake of communities
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Opinion
Opinion: Value retailers face intense battle for the pennies never mind pounds
As Kevin O’Byrne prepares to settle into the chief executive’s chair at Poundland, it’s not just personnel that are changing in the value variety store market.
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News
BHS collapse could cost its creditors £1.3bn, CVA document warns
BHS has told its creditors they could lose up to £1.3bn if they do not agree to proposals to slash the beleaguered retailer’s rents.