All City & finance articles – Page 410
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NewsSuperGroup records "disappointing" fourth quarter
Like-for-like sales at SuperGroup were flat in a fourth quarter chief executive Julian Dunkerton described as “disappointing”.
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OpinionHMV's fortunes are looking up
Entertainment group HMV’s shares were top of the pops last week as it flagged a likely return to profitability this financial year.
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NewsKing: Sainsbury's has the edge in the grocery market
Sainsbury’s boss insists the retailer is leading the way on quality and service.
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OpinionNick Bubb's verdict: The demise of Clinton cards
High street retailers that are losing money and have a lot of debt need the support of their banks, their suppliers and their landlords to keep going.
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NewsNew Look close to deal on debt terms
Fashion retailer New Look is poised to take another step forward in its refinancing, it is understood.
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NewsClinton Cards to collapse into administration
Clinton Cards has suspended its shares on the Stock Exchange and is on the point of collapse after its largest supplier American Greetings acquired the retailer’s debt from its banks last night.
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NewsCarphone Warehouse like-for-likes fall 5.5% in fourth quarter
Carphone Warehouse Europe like-for-likes dropped 5.5% in the 13 weeks to March 31.
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AnalysisSainsbury's: What the analysts say
The City welcomed another strong performance from Sainsbury’s against a tough economic background.
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NewsReturn to profitability in sight at HMV following Game demise
HMV expects to return to profitability next year in the wake of Game’s demise.
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NewsWolfson: Recession won't knock consumer confidence
Next boss believes GDP figures will be adjusted to show growth and Jubilee will deliver sales boost.
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OpinionThreat of store closures for Argos
Home Retail’s troubling full-year figures and the appointment of strategy consultants OC&C by new Argos boss John Walden has put the spotlight on the future of the general merchandiser’s store portfolio.
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AnalysisAnalysis: What does a poor quarter mean for Morrisons?
“We are prepared to sit back from this activity rather than trying to make small market share gains at any cost,” says Dalton Philips.
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AnalysisMorrisons: What the analysts say
The City gives a mixed view of Morrisons’ 1% like-for-like slip in its first quarter.
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NewsNext boss Wolfson sells £3.8m shares to help fund wedding and new house
Next chief executive Lord Wolfson has sold £3.8m of shares to help pay for his wedding and new home.
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NewsStrong Easter helps Thorntons like-for-like improvement
Struggling chocolatier Thorntons has revealed total sales fell 2.7% to £62.4m in the 16 weeks to April 28.
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OpinionMultichannel boost for N Brown
Home shopping group N Brown’s full-year profits came in a little shy of some analysts’ expectations but all sorts of developments are under way which should position the retailer well for the future.
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AnalysisNext: What the analysts say
Analysts said Next had a hard act to follow against tough comparatives as total retail sales dipped 3.9%
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AnalysisHome Retail Group: What the analysts say
Analysts are calling for Home Retail Group to tackle Argos after the group posted a 60% slump in pretax profit for the year to February 25.
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NewsNext sales nudge up in first quarter
Next brand sales edged up 1.4% in its first quarter despite its declining retail performance.
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NewsBlacks boss Julia Reynolds set to stand down
Blacks chief executive Julia Reynolds is set to stand down from the outdoors retailer that was acquired by JD Sports Fashion in January.