All City & finance articles – Page 344
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Analysis
In the news: Tesco chairman Sir Richard Broadbent profiled
The Tesco chairman faced harsh words at the grocer’s AGM last week, but he remains committed to a considered, long-term approach.
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Analysis
Poundland full-year figures: What the analysts say
Poundland has reported rising full-year sales and profits in its maiden prelim update since floating in March. Retail Week takes a look at the City reaction.
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News
Poundland reveals rising sales and profits in maiden results update
Value retailer Poundland has reported rising full-year sales and profits in its maiden prelim update since floating in March.
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News
Breakfast briefing: Retail news on Marks & Spencer, Sainsbury's and Mothercare
Retail news round-up on July 3, 2014:M&S and Sainsbury’s face investor revolt over pay policies in boardroom, Mothercare recalls two sizes of luxury cot mattresses
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News
Hopes for La Senza sale fade in wake of second collapse in two years
Lingerie business La Senza is increasingly unlikely to be sold in its entirety as retailers look to snap up its best stores.
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Opinion
Comment: Is Mothercare suitor Destination Maternity a heroic prince or a frog?
An overseas suitor offering to solve all a retailer’s financial woes sounds like a dream, but on closer inspection, the American retailer keen to buy Mothercare could be a frog rather than a prince.
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Interview
Q&A: Bathstore chief executive Gary Favell on the management buyout
The management team at Bathstore has bought out the bathroom retailer from turnaround specialist Endless with the backing of US billionaire Warren Stephens.
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News
Mothercare: Destination Maternity bid "significantly undervalues" the business
Mothercare said that it rejected US retailer Destination Maternity’s offer for the company as it “significantly undervalued” the business.
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News
Sports Direct investors vote in favour of Mike Ashley's bonus
Sports Direct investors have voted in favour of rewarding owner Mike Ashley with a bonus through a new share scheme.
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News
Sports Direct steps up row with 'anti-competitive' Adidas
Sports Direct has stepped up its row with sportswear giant Adidas and is understood to have reported it to the competition authorities.
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News
Mothercare rejects two bids from US firm Destination Maternity
Mothercare has rejected two bids from US firm Destination Maternity, which plans to merge the two companies with a new proposal on the table.
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News
Topps Tiles like-for-likes jump 6.3% in third quarter
Topps Tiles like-for-likes jumped 6.3% in its third quarter as it continues to build on strong sales momentum.
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News
Breakfast briefing: Retail news on Sports Direct, Greggs and the IoD
Retail news round-up on July 2, 2014: Sports Direct boss on Adidas, Greggs expects profit and IoD concerned about bonus proposal.
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Analysis
Ocado’s first half results: What the analysts say
Find out what the analysts make of Ocado’s move into the black by generating £7.5m pre-tax profit before exceptionals in its first half.
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Opinion
Comment: Dixons' multichannel model brings online sales success
As it prepared to merge with Carphone Warehouse, electricals giant Dixons looked in good shape as it issued prelims showing a rise in sales and profits.
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Opinion
Comment: Recovery in sight for general retailers but life’s still tough for grocers
Dixons boss Seb James said last week that he sees “the early glimmers of a consumer recovery”.
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News
Ocado makes profit in its first half as sales and EBITDA soar
Online grocer Ocado has moved into the black in its first half, generating £7.5m pre-tax profit before exceptionals from a loss last year.
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News
Poundworld secures £26m funding for UK expansion
Value retailer Poundworld has secured £26m in new funding as it seeks to expand its overseas supply chain and grow its UK business by opening up to 150 new stores.
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News
Adidas offers olive branch to Sports Direct after replica shirt row
The boss of Adidas has insisted he still wants to work with Sports Direct but admits he is not happy with “presentation” in store.
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News
Breakfast briefing: Retail news on Kiddicare, Dixons, Carphone Warehouse and Sports Direct
Retail news round-up on June 30, 2014: Morrisons down to two bidders for Kiddicare, Dixons Carphone merger fees hit £22.6m, Adidas offers olive branch to Sports Direct and more.