All City & finance articles – Page 557
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News
Dunelm sales rise
Dunelm has posted strong sales for the 43 weeks to April 26 and its chief executive is bullish about the outlook for the value homewares retailer.
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News
Retailers slam ONS figures
Top retailers and economists have condemned puzzling data from the Office for National Statistics (ONS), which pointed to a 2 per cent rise in the volume of goods sold in the first quarter of the year.
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News
Battered retailers push forward despite another week of gloom
General retailers just managed to beat the FTSE All Share’s rise and some of the sector’s most bruised names – including Debenhams, Blacks Leisure and DSGi – led the pack.
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Opinion
Downturn can’t stop investment
The banks got a £50 billion bail-out on Monday, but who is going to rescue embattled retailers?
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News
Rose lambasted over Lane Fox investment
Marks & Spencer chief executive Sir Stuart Rose has come under fire for investing in a business venture of one of M&S’s non-executive directors.
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NewsNational Schoolwear Centres enters administration
National Schoolwear Centres – a nationwide chain of school uniform shops – went into administration last week.
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News
Pets at Home profits soar
Specialist retailer Pets at Home's profits rose more than 50 per cent in the year to March 27.
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News
Cash purchases on the up as credit crunch bites
More consumers are using cash to make retail purchases, as the credit crunch forces a scaling back of spending on plastic cards.
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News
M&S agrees India deal
Marks & Spencer this afternoon confirmed plans to open at least 50 stores in India over the next five years through a joint venture with Reliance Retail
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Analysis
Finding light in dark times
Retail is getting tougher in the developed world and this year’s World Retail Congress discussed the challenges facing retailers. Tim Danaher and Katie Kilgallen report from Barcelona
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News
Burberry bags 18% revenues jump as accessories perform
Revenues at upmarket fashion specialist Burberry soared 18 per cent to 546 million in its second half.
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News
Liberty commercial chief exits amid sale confusion
Liberty commercial director James Crespo has left the luxury retailer. His departure comes as confusion mounts over a potential sale of the business.
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News
Tesco full-year results lift spirits but general retailers disappoint
Tesco’s impressive full-year numbers helped recover sentiment, especially after bullish comment about the US, and grocers enjoyed a good week.
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News
Carphone Warehouse downgrades forecast
Carphone Warehouse has revealed robust mobile phone sales, but provided a weaker-than-expected outlook and growth in broadband customers.
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News
H&M like-for-likes drop 8%
Swedish fashion retailer H&M has reported a like-for-like sales fall for March of 8 per cent.
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News
Debenhams profits fall but targets hit
Department store group Debenhams managed to meet profit expectations in its first half and is to make efficiencies and improvements in expectation of continued tough trading conditions.
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News
JD Group enjoys solid year
JD Group has posted strong full-year results, with pre-tax profits soaring 103 per cent to 35 million.
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News
Tesco delivers strong profits and sales
Tesco has delivered bumper full-year profits and sales, and has mounted a robust defence of the performance of its fledgling US chain Fresh & Easy.