All City & finance articles – Page 281
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Analysis£50m investment for Poundworld to open 60 new stores a year
Poundworld has secured £50m from Santander to support its store expansion plan and a new 500,000 sq ft warehouse.
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OpinionBlack Friday may be a nightmare before Christmas for retailers
Sales have already taken a hit in anticipation of Black Friday discounting, but the full extent of its impact remains to be seen.
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NewsNew Look half-year sales boosted by new standalone men's stores
Fashion retailer New Look has reported a healthy rise in half-year profits and sales, with its first standalone menswear stores performing strongly.
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NewsSex toy etailer Lovehoney full-year sales and profits soar
Sex toy etailer Lovehoney has revealed a 53% jump in full-year sales fuelled by the continuing popularity of Fifty Shades of Grey.
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NewsSports Direct calls for Findel general meeting over director appointment
Sports Direct has requested a general meeting be convened by home shopping group Findel to consider a director appointment.
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NewsMatalan downgraded by credit ratings agency S&P after profits plunge
Ratings agency Standard & Poor’s has downgraded value clothing and homewares retailer Matalan’s risk profile from weak to vulnerable.
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NewsAgenda: Kingfisher update, Sainsbury's and Halfords report interims
November 9-13, 2015: Retail Week looks ahead to the next seven days, with updates from Kingfisher, Sainsbury’s and Halfords all on the agenda.
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VideoThe Retail Week: Asda's Black Friday U-turn, Morrisons Q3 and M&S results
Catch up on this week’s big retail stories with analysis from news editor James Wilmore and reporter Luke Tugby.
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NewsMorrisons boss Potts argues price matching is wrong approach
Morrisons boss David Potts has said it has moved away from price matching as it aims to be recognised for its friendly staff, fresh food and good value.
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AnalysisSuperGroup's half-year results: What the analysts say
SuperGroup has pulled off another strong half, increasing like-for-like retail sales 17.2% while preparing the ground for further global expansion. Here’s what the analysts had to say.
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AnalysisMorrisons' third-quarter results: What the analysts say
Grocer Morrisons reported a 2.6% drop in third-quarter like-for-likes today as it continues to invest in price and reduces its voucher activity.
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NewsMorrisons like-for-likes drop 2.6% in third quarter as it cuts voucher activity
Morrisons recorded another fall in like-for-likes during its third quarter as it continues to invest in price and reduces its voucher activity.
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NewsSuperGroup like-for-likes surge as it appoints global retail director
SuperGroup like-for-likes surge in the second quarter against weak comparatives as it hires a global retail director to strengthen its logistics.
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NewsM&S signs up 1.8m Sparks members as customers shrug off data fears
M&S has so far signed up 1.8 million shoppers to its Sparks membership scheme and a website data scare has not hit applications to join.
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NewsMarks & Spencer half-year update: What the analysts say
M&S reported a 6.1% jump in underlying pre-tax profit during its first half, but non-food sales slipped. This is what the analysts said.
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NewsMarks & Spencer half-year profits rise but non-food sales slip again
Marks & Spencer has reported a 6.1% jump in underlying profit during its first half, but sales slipped again in its troubled non-food division.
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News‘Black Friday in the UK is pointless,’ says Primark boss George Weston
Primark will run Black Friday promotions in the US but boss George Weston believes taking part in the event in the UK is pointless.
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OpinionABF shows no fear that its Primark expansion model has turned cannibal
Is the well-oiled value fashion machine that is Primark showing signs that the engine needs a little fine-tuning?
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AnalysisPrimark full-year sales and profits edge up: What the analysts say
Primark’s like-for-likes increased 1% and adjusted operating profits edged up 2% for the year. This is what the analysts had to say.
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NewsSelfridges Group acquires Irish department store rival Arnotts
Department store business Selfridges has acquired Irish rival Arnotts from owner Fitzwilliam Finance Partners for an undisclosed sum.