All City & finance articles – Page 276
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NewsShop prices tumble as fashion retailers go on discount frenzy in December
Prices in British stores continued to fall in December, as retailers resorted to aggressive discounting in order to woo customers.
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AnalysisAnalysis: Sainsbury's bid interest in Home Retail - the key questions answered
Sainsbury’s revealed today it approached Home Retail about a takeover in November. The approach was rejected but the grocer may still try again.
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NewsWaterstones shrugs off high street gloom with Christmas sales rise
Waterstones recorded growth across all categories in the festive season, thanks to more books “under the Christmas tree” this year.
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AnalysisAnalysis: Next's disappointing Christmas sales update prompts fears
Alarm bells rang across the sector today when fashion bellwether Next reported a dramatically worse than expected Christmas trading period.
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AnalysisNext’s Christmas trading disappoints: What the analysts say
Next has been hit by mild weather and stock issues with sales up 0.4% in the two weeks to Christmas Eve. Here is what the analysts say.
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OpinionOpinion: Sports Direct made headlines, but JD Sports was the winner in 2015
The new year has started like the old one ended, as controversial sports retailer Sports Direct continues to hit the headlines.
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NewsJaeger’s private equity parent Better Capital pulls plug on sale
Better Capital, the private equity owner of Jaeger, has abandoned plans to sell the retailer after offers failed to match expectations.
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NewsSports Direct boss Ashley vows to be ‘best retail employer after John Lewis’
Sports Direct tycoon Mike Ashley has pledged to make the retailer a great employer after criticism of its alleged employment practices.
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NewsCompetition and Markets Authority to investigate sale of Sainsbury’s pharmacies
The Competition and Markets Authority (CMA) has referred Celesio’s planned acquisition of Sainsbury’s pharmacy business for detailed scrutiny.
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NewsTesco's largest investor sells 27m shares to take holding below 6%
Tesco’s biggest investor, Government Pension Fund Global, has sold off a large chunk of its stake in the embattled supermarket giant.
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NewsGame warns on profits as customers shelve switch to newer consoles
Game has issued a profit warning following a “faster than expected decline” for old format content and a “slower” switch to new consoles.
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NewsWave of insolvencies predicted as retailers face perfect storm
A “perfect storm” of high discounting and a lacklustre golden quarter could cause multiple insolvencies in the new year, experts have warned.
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NewsEx-Morrisons chairman Sir Ken Morrison builds £6m stake in Sainsbury's
Former Morrisons chairman Sir Ken Morrison has built up a £6m stake in the supermarket giant’s big four rival Sainsbury’s, it has emerged.
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NewsFashion retailer Joules eyes IPO as it hires Rothschild to explore options
Fashion brand Joules is said to be the latest retailer to consider an IPO after it hired Rothschild to explore options.
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NewsHolland & Barrett targets £1bn sales mark as full-year profits rise
Holland & Barrett is targeting an ambitious plan to almost double annual sales to £1bn after reporting an 11.7% hike in full-year revenues.
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NewsTed Baker buys its famous head office building for £55.3m
Ted Baker is to acquire its distinctive head office building, securing a base for continued expansion.
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NewsBHS owner appoints Aidan Treacy as chief financial officer
BHS owner Retail Acquisitions has appointed Aidan Treacy as its chief financial officer.
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OpinionOpinion: Dixons Carphone flags changing shape of seasonal trading
The latest results from Dixons Carphone demonstrate how the retail landscape of the all-important golden quarter continues to shift.
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NewsDixons Carphone half-year sales and profits boosted by white goods
Dixons Carphone has reported a rise in first-half group like-for-likes as white goods sales offset falling demand for tablets and PCs.
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NewsSuperGroup posts interim rising sales and profits after broadening its offer
Fashion retailer SuperGroup has posted rising profits and sales in its half year after broadening its offer into womenswear and sports.