All City & finance articles – Page 13
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NewsRevolution Beauty enters formal sales process following takeover approach
Revolution Beauty has started a formal sales process after it received a preliminary takeover approach from an unnamed company.
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NewsJD Sports profits slide due to slower than anticipated market
JD Sports has reported a drop in profits due to heavy promotions and slower than anticipated market growth.
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NewsMarks & Spencer in ‘best financial health for 30 years’ but cyber attack cost bites deep
While M&S reported its highest profits in over 15 years, it has also revealed the true cost of the cyber attack which continues to wreak havoc on the retailer.
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NewsCurrys upgrades profit guidance as board reinstates dividend
Electricals giant Currys has upgraded its full year profit expectations and its board has said its performance is good enough to warrant resuming the payment of cash dividends.
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AnalysisWhy things might be looking up again for Greggs and Topps Tiles
While not usually two businesses analysed together, updates from both food-to-go giant Greggs and the homewares retailer Topps Tiles point to possibly more optimistic times ahead for retail.
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NewsGreggs sales rise as ‘better trading conditions’ bolster growth
Food-to-go retailer Greggs has reported a rise in sales as “better trading conditions” in the last 11 weeks have supported growth.
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NewsTopps Tiles sales increase as it records progress in all five areas of growth
Topps Tiles has recorded a rise in sales and profit as well as seeing good progress in its five key growth areas.
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NewsLandsec to grow retail estate by £1bn as it records strong results
Major property group Landsec has said it aims to grow its retail estate by £1bn in the next one to three years as it records strong results.
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NewsHolland & Barrett sees double-digit sales growth as it continues transformation
Health and wellness retailer Holland & Barrett has reported a second consecutive year of double-digit growth as its customer-first approach and transformation strategy to meet growing demand ramps up.
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NewsWatches of Switzerland to hit expectations as sales rise
Watches of Switzerland returned to growth in crucial markets in its second half and will meet full-year profit expectations.
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NewsB&M appoints new chief executive with transformation track record
Value retailer B&M has named a new chief executive.
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Opinion‘No growth strategy, tech investment or innovation can compensate for poor human interaction’
As the biggest private sector employer in the UK, retailers should be applauded for their stellar efforts in making retail a great place to work and build your career, says Retail Week editor-in-chief Charlotte Hardie.
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Chart of the WeekMarks & Spencer cyber attack could have £40m weekly sales impact
A new estimate from the Bank of America (BofA) suggests the cyber-attack could be costing the retailer over £40m per week.
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InterviewQ&A: B&Q’s Andy Moat on pay, culture and the end of minimum wage in retail
B&Q people director Andy Moat talks about today’s competitive pay landscape, increasing expectations for staff on the shop floor and why retailers should be more transparent about their employees’ pay.
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NewsWickes hails ‘strong start’ to the year as warm weather drives sales
Wickes has said the business has seen “good growth momentum” in the first quarter of the year, as the warm weather drove sales growth.
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NewsRevolution Beauty trims profit forecast but points to green shoots of recovery
Revolution Beauty has again trimmed its profit forecast for the 2025 financial year but has pointed to green shoots of recovery in current trading and future outlook.
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DataData: Consumers plan spending cuts on almost all categories bar grocery
Falling consumer sentiment suggests consumers will focus their spending on supermarket shops over the next 12 months.
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NewsDebenhams Group in discussions over debt refinancing deal
Debenhams Group, formerly the Boohoo Group, is reportedly in discussions over a debt refinancing package worth as much as £175m.
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NewsDigital Services Tax survives UK-US trade agreement
The 2% tax on US tech giants for UK revenues will remain in place as the countries work on a digital trade deal, the government said.
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NewsMothercare sales and profits fall as uncertainty grips key Middle East markets
Mothercare has reported falling sales and profits, blaming the “continued impact of the uncertainty in the Middle East” on its franchise partner.