All City & finance articles – Page 400
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Opinion
Comment: Ted Baker’s unique appeal
The retail industry has frequently been home to maverick business people who have created unique and highly successful companies.
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Opinion
Comment: Tesco UK recovery likely to accelerate
Tesco boss Philip Clarke will not have thanked the way the financial stars aligned this week to bring Tesco and Sainsbury’s results on the same day, albeit for different reporting periods.
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News
Profits climb at Abel & Cole as sale speculation mounts
Home delivery grocer Abel & Cole’s profits rocketed in the year to August 12 and a sale is thought likely.
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News
United Carpets bought in pre-pack administration deal
A parcel of 73 United Carpets stores have been bought out of pre-pack administration.
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News
Ted Baker posts first-half profits rise
Ted Baker has delivered a 10.4% profit before tax increase to £9.4m for the 28 weeks to August 11 as it opened stores in London, New York and Tokyo.
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News
Halfords like-for-likes up 5.6% in second quarter
Car part and bike specialist Halfords has posted like-for-likes up 5.6% in its second quarter, reversing the decline it reported in the first quarter.
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Opinion
Comment: Competition in sports retail
Mike Ashley’s Sports Direct was the market leader in its category last week and remains so this week following the drawn-out demise of JJB Sports.
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Opinion
Comment: Does Hong Kong still appeal to retailers?
For European retail, consumer and luxury goods companies looking to launch IPOs, the Hong Kong Stock Exchange (HKEx) once had tremendous appeal.
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Analysis
Analysis: Exploring the challenges of retail acquisitions
Over the past year a number of acquisitions have been made by retailers. Liz Morrell explores the challenges of the deals and subsequent integration.
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News
Matt Davies to become Halfords chief executive
Former Pets at Home boss Matt Davies is to become chief executive of Halfords, Retail Week can reveal.
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Opinion
Comment: Clarke may face a tough road ahead
The fact that Tesco has announced a drop in profits this morning hasn’t come as a surprise to many – and yet that doesn’t make the news any more comforting to investors.
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Analysis
Sainsbury's: What the analysts say
Sainsbury’s posted like-for-like sales grew 0.9% and total sales advanced 3.3% for the first half of the year but analysts welcome the figures but believe the grocer still has some work to do.
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News
Promotions drive sales rise at Findel
Home shopping group Findel has revealed robust trading figures for its retail businesses in the first half of the year following a troubled period for the group.
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Analysis
Analysis: Is Tesco’s turnaround plan working?
Tesco revealed an improved performance in its UK like-for-likes this morning. Retail Week takes a look at how chief executive Philip Clarke’s £1bn strategy to revive the domestic business is faring.
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News
Sainsbury's like-for-likes grow after 'unique' summer
Sainsbury’s reported an increase in sales and like-for-like growth in the second quarter aided by its Paralympic sponsorship.
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News
Dunelm like-for-likes up 3%
Value homewares retailer Dunelm’s like-for-likes rose 3% in the first quarter as it grew share.
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News
Tesco profits fall 11.6% despite Q2 sales growth
Tesco has reported its first decline in profits since 1994 after investing £1bn in its UK turnaround plan.
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Analysis
Analysis: Who is Optical Express?
Optical Express is calling in the administrators for one of its nine subsidiary groups, with 40 stores set to close. But who is the optician chain?
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Opinion
Nick Bubb's verdict: Sports Direct - Ashley 5, the OFT 0?
Mike Ashley has been running rings around Sports Direct’s rivals in sports retailing.
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News
Dixons hires managing director for its Scandinavian business
Dixons has hired a managing director for its Northern Europe business.