All City & finance articles – Page 369
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NewsMulberry first-half profits fall as it invests in international growth
Mulberry first-half pre-tax profits dropped 28% to £7.2m as it continued to invest in its international expansion.
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OpinionComment: McColl’s must highlight its USP in competitive market
Convenience store specialist McColl’s has joined retailers including Ao.com, Poundland and Pets at Home with its ambition to float on the stock market.
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NewsBathstore breaks into the black as it relaunches website
Bathstore is back in the black after its first year under private equity owner Endless and the retailer has relaunched its website.
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OpinionNick Bubb’s verdict: Tesco - no easy solution
The stockmarket had been softened up for bad news on Q3 sales, so, with no profit warning today, Tesco’s shares have rallied.
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AnalysisTesco third quarter sales fall: What the analysts say
Tesco this morning revealed its UK like-for-like sales fell 1.5% in its third quarter. Retail Week takes a look at the response from the City.
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NewsTesco UK like-for-likes fall 1.5% in Q3 as it blames tough market
Tesco has reported UK like-for-like sales fell 1.5% in its third quarter, and blames pressure on UK household finances for its performance.
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NewsConsumer confidence falls for second successive month
Consumer confidence fell for the second month in a row as shoppers felt the cost of rising energy bills.
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NewsJD Sports posts third-quarter like-for-like sales rise
JD Sports Fashion has recorded a rise in third-quarter like-for-like sales across its fashion and sportswear fascias.
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NewsAlliance Boots accused of ‘avoidance of tax’
Alliance Boots has been accused of breaking disclosure and taxation guidelines set by the Organisation for Economic Co-operation and Development.
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NewsKingfisher profits rise in third quarter as Screwfix sales soar
DIY group Kingfisher’s retail profits edged up 1.7% in constant currency to £271m in its third quarter as like-for-likes increased 1.4%.
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NewsBreakfast briefing: Retail news on Kingfisher, Alliance Boots, Clintons and Next
Retail news round-up November 28, 2013: Kingfisher profits advance in third quarter, Alliance Boots accused of ‘avoidance of tax’ and Alliance Boots accused of ‘avoidance of tax’.
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OpinionComment: Occa aims to emulate Asos
While big retailers that are likely to attract big valuations rush to market, there’s action at the other end of the scale too.
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NewsConvenience store giant McColl's eyes float
Convenience store giant McColl’s is the latest retailer to eye a float on the stock market, Retail Week has learned.
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OpinionNick Bubb’s verdict: Poundland - will investors in the IPO be quids in?
Five years on from the demise of Woolworths, fund managers will soon have a new discount retailer to invest in.
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NewsBoohoo.com reveals plans to float early next year
Young fashion etailer Boohoo.com has revealed plans to float in the first quarter of next year.
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NewsFindel narrows losses in first half as turnaround gains pace
Home shopping retailer Findel narrowed its losses in its first half with sales jumping 5.2% as its turnaround plan gathered pace.
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NewsTopps Tiles reveals profits rise as it grows its market share
Tile specialist Topps Tiles has recorded a rise in full-year profits and said it has achieved its goal to grow profitable market share.
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NewsBreakfast briefing: Retail news on Tesco, Asos and Christmas price cuts
Retail news round-up November 26, 2013: Tesco losing market share in Ireland, Asos non-executive director departs and small and medium online retailers to cut prices for Christmas
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OpinionComment: The retail competition for transport hubs has begun
This week it was revealed that London Underground will offer a 24-hour service on Fridays and Saturdays from 2015.
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NewsPoundland steps up plans to float next year
Poundland’s plans to float on the stock market have gathered pace as the value retailer targets an IPO in early 2014.