All City & finance articles – Page 541
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News
Park Group lifted as cautious shoppers save for Christmas
Credit-crunched shoppers have helped performance at Christmas savings company Park Group, which supplies products such as seasonal hampers and vouchers.
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News
B&Q initiative a hit as Kingfisher profits leap
Kingfisher-owned DIY giant B&Q is reaping the benefits of a scheme to improve store standards, having cut gaps on shelves by 25 per cent.
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Analysis
Financial services: A market retail can bank on?
As a string of financial players collapse and consumers’ trust in high street banks falters, should retailers step up their own offerings? Jennifer Creevy investigates
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News
Ocado seeks cash injection from investors
Online grocer Ocado is seeking 20 million to pay down net debt in the current climate, but says it is trading well despite the decrease in consumer spending.
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News
Maxeda confident of weathering storm as profits rise
Maxeda, the Dutch store group run by former Asda boss Tony DeNunzio, generated a leap in interim profits despite difficult retail conditions.
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News
Moss Bros first-half losses widen
Losses at menswear specialist Moss Bros widened during the retailer’s first half, when sales also fell.
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News
Sales fall for majority of retailers
Sales have fallen for the majority of retailers on the high street, with no respite in sight for October.
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News
Park Group sales rocket as customers spread cost of Christmas
Christmas savings retailer Park Group has been buoyed by the economic downturn as cash-strapped families save further ahead for Christmas.
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News
Park Group sales rocket as customers spread cost of Christmas
Christmas savings retailer Park Group has been buoyed by the economic downturn as cash-strapped families save further ahead for Christmas.
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News
Gap acquires US sports brand
Fashion retailer Gap has acquired US women’s sports and active apparel retailer Athleta for about US$150 million ( 81.3 million) in cash.
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News
Gap acquires US sports brand
Fashion retailer Gap has acquired US women’s sports and active apparel retailer Athleta for about US$150 million ( 81.3 million) in cash.
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News
JD Sports profits jump
JD Sports Fashion has bucked the high street gloom with pre-tax profits rocketing 71 per cent to 9.1 million in the 26 weeks to August 2.
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News
JD Sports profits jump 71%
JD Sports Fashion has bucked the high street gloom with pre-tax profits rocketing 71 per cent to 9.1 million in the 26 weeks to August 2.
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News
MFI 'seeks emergency funding'
MFI parent company Merchant Equity Partners (MEP) has appointed Argyll Partners to find new investors that can pump money into the company as a matter of urgency.
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News
Cost of living soars in August
The cost of living in the UK rose 7.4 per cent in August, leaving the average family 11 worse off a week, according to Asda’s income tracker.
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News
Cost of living soars in August
The cost of living in the UK rose 7.4 per cent in August, leaving the average family 11 worse off a week, according to Asda’s income tracker.
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News
Financial turmoil set to add to retailers’ woes
Intense turmoil in the financial markets precipitated by Lehman Brothers’ collapse will pile pressure on retailers’ finances, bankers have warned.
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Opinion
A whiff of panic about Tesco
At a time when such excitement has been focused on the discount grocery retailers it was always going to be a question of when, rather than if, Tesco fought back.
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News
Dunelm: the city view
Value homewares retailer Dunelm was one of the week’s winners after posting strong prelims.
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News
Financial market shockwaves hit as FTSE reaches three-year low
Turmoil in the financial market following the collapse of Lehman Brothers and banking sector panic pushed the FTSE 100 to its lowest point in three years on Tuesday.