All City & finance articles – Page 280
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NewsPaperchase secures £50m deal to drive domestic and international growth
Investment to drive Paperchase’s domestic and international growth comes just months after the owner rules out selling the retailer.
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NewsSelfridges posts record profits as it embarks on Oxford Street investment
Department store business Selfridges has posted record annual profits and expects continued strong performance as it overhauls its flagship store.
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NewsHarrods pre-tax profits up 4.2% despite "tough conditions"
Luxury department store Harrods has reported a 4.2% rise in full-year pre-tax profits despite “tough trading conditions” in which sales fell.
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NewsNext week in retail: M&S, Morrisons and Supergroup results
Retail Week looks ahead to the next seven days, with updates from Marks & Spencer, Morrisons and Supergroup all on the agenda.
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AnalysisPets at Home first-half sales below expectations: What the analysts say
Pets at Home experienced “weaker than expected” sales during its first half after seasonal challenges. This is what the analysts had to say.
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NewsChinese footwear firm C.banner agrees to buy Hamleys for £100m
Chinese footwear business C.banner Holdings has agreed to buy toy retailer Hamleys from French owner Groupe Ludendo for £100m.
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NewsPets at Home like-for-likes edge up 1.8% after seasonal trading challenges
Pets at Home like-for-likes have edged up 1.8% in its first half as the retailer experienced “weaker than expected” trading.
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NewsToys R Us profits rocket after four consecutive years of UK decline
Toys R Us has more than trebled its full-year pre-tax profits in the UK, putting an end to a run of four consecutive years of falling profits.
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NewsGo Outdoors doubles pre-tax profits after 'significant' online growth
Go Outdoors has doubled annual profits and recorded “significant growth” in home deliveries and in-store collections of online orders.
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NewsWoolworths warns first-half profits could fall up to 35%
Australian grocer Woolworths has issued its third profit warning of the year as its feels the pressures from rivals Coles and Aldi.
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InterviewSports Direct boss Forsey vows to tackle retailer's tarnished reputation
In a Retail Week video exclusive Sports Direct boss Dave Forsey talks about the need for it to do a better PR job and its future strategy.
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NewsWalgreens Boots Alliance agrees to acquire rival Rite Aid for £11.2bn
Walgreens Boots Alliance has agreed a deal to acquire US pharmacy rival Rite Aid in an all-cash deal worth $17.2bn (£11.2bn).
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NewsGear4music revenues surge 43% as it records maiden interim results
Musical instruments retailer Gear4music has reported a 43% surge in first-half revenues in its maiden results since floating.
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NewsNext third-quarter sales rise: What the analysts say
Next edged up its full-year profit guidance after third quarter like-for-likes increased 6%. This is what the analysts had to say.
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NewsBrantano and Jones Bootmaker sold to Alteri for £12m
Brantano and Jones Bootmaker have been sold to Alteri Investors for €17m (£12m) by Dutch parent company Macintosh.
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NewsNext confident on profits after 6% rise in third-quarter like-for-likes
Next has edged up its full-year profit guidance after like-for-like sales increased 6% during the fashion giant’s third quarter.
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OpinionPerhaps it’s time for Majestic to start selling cheese as well as wine
Wine specialist Majestic has jettisoned its six-bottle purchase rule, one of the first eye-grabbing initiatives under newish boss Rowan Gormley.
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NewsShoe Zone forecasts full-year sales fall after store closures
Shoe Zone said it expects a drop in full-year revenues “reflecting the continued planned closure of loss-making stores”.
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NewsCarpetright UK sales up as brand revamp remains 'on track'
Floorings giant Carpetright has reported UK like-for-likes up 4% in the 25 weeks to October 24 and said its aim to revitalise the brand is “on track”.
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OpinionRetail leaders need new strategies to challenge the competitive market
As the market grows ever more challenging, the retail industry needs more leaders with strategies focused on driving sales.