All City & finance articles – Page 337
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OpinionSports Direct should leave zero-hours behind and focus on overseas growth
Few retail personalities polarise opinion as strongly as Sports Direct founder and executive deputy chairman Mike Ashley.
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NewsDunelm chairman Geoff Cooper to be replaced by non-exec Andy Harrison
Dunelm chairman Geoff Cooper is stepping down after more than 10 years, to be replaced by non-executive director Andy Harrison.
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NewsBreakfast Briefing: Retail news on Morrisons, Dunhumby, M&S and more
Retail news round-up on April 28, 2015: Former Morrisons chief to get further £1.1m payoff, Dunhumby ends US joint venture, M&S to unveil Lulu Kennedy collection, and more.
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NewsAmazon to continue heavy investment in Prime despite losses
Amazon will continue heavily investing in its Prime service despite revealing another big loss in its first quarter.
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NewsJones Bootmaker and Brantano owner appoints advisors ahead of sale
Macintosh Fashion has appointed BNP Paribas and KPMG as advisors to find a buyer for its Jones Bootmaker and Brantano fascias.
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News
LK Bennett to expand abroad as it reports rise in profits
LK Bennett recorded a rise in turnover and profits as it expands internationally and continues to assess underperforming UK stores.
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NewsInfographic: John Lewis sales drop amid tough conditions and Easter timing
Sales at both John Lewis and Waitrose fell last week as the timing of Easter and challenging trading conditions took their toll.
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NewsFrench Connection warns on retail sales after 'challenging' conditions
Fashion retailer French Connection has warned that its first-half retail sales will come in “materially lower than expected”.
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NewsBreakfast Briefing: Retail news on wearable tech, retail sales and Amazon
Retail news round-up on April 24, 2015: Netatmo June wristband goes on sale at SpaceNK, Surprise fall in March retail sales, Amazon incurs quarterly loss of $57m
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VideoVideo: Tesco's 'very difficult year' reviewed in 60 seconds
As Tesco reveals record losses, grocery reporter Luke Tugby sums up the supermarket giant’s ups and downs throughout a turbulent 12 months.
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VideoThe Retail Week: Tesco's loss, Sainsbury's to axe 800 staff and Home Retail
Grocery reporter Luke Tugby and Kantar Retail retail insights director Bryan Roberts analyse the big stories from the past week.
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CartoonBlower’s retail cartoon: Tesco’s long road to recovery
Retail Week cartoonist Patrick Blower’s take on Tesco reporting its statutory pre-tax loss of £6.38bn from the year to the end of February.
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News
Karen Millen boss Shearwood: Don’t make knee-jerk exits from foreign markets
Karen Millen boss Mike Shearwood has advised retailers not to make rash decisions about struggling international markets.
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NewsMorrisons launches bonus scheme based on customer service scores
Morrisons has revealed a new staff bonus scheme that will reward employees based on customer satisfaction levels at their stores.
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NewsPayments business aids eBay results, despite hit from US dollar
EBay posted better than expected profits of $626m (£416m), as payments revenues counteracted the strengthening of the dollar.
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NewsBreakfast Briefing: Retail news on eBay, Holland and Barrett, Amazon and more
Retail news round-up on April 23, 2015: eBay posts $626m quarterly profits, Holland and Barrett opens ‘free from’ store, Amazon to trial delivery to Audi cars and more
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NewsFood retail employment continues to fall as customers change shopping habits
Employment in the food retail sector has continued to decrease as consumers shift towards convenience shopping and online.
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NewsTesco boss Dave Lewis: We'll behave our way out of trouble
Tesco boss Dave Lewis said the embattled grocer will “behave our way out” of trouble after reporting the biggest loss in its history today.
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NewsWickes reports continued sales growth up 8.7% in first quarter
Travis Perkins’ consumer arm, which largely consists of Wickes, has reported continued sales growth of 8.7% for its first quarter in 2015.
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AnalysisAnalysis: Tesco's full-year performance in numbers
Tesco has revealed its worst-ever pre-tax loss of £6.38bn. Retail Week takes a look at the headline figures.















