All City & finance articles – Page 14
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NewsAdanola sells minority stake to American-based private equity firm
Adanola has sold a minority stake to a Los Angeles-based private equity firm which focuses on “growth and long-term value creation”.
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NewsTHG issues profit warning as it sells nutrition product supplier
THG has warned on profits for the first half of the year, at the same time as announcing it has divested one of its nutrition suppliers after receiving a “highly competitive offer”.
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Opinion‘Now’s the right time to assess the potential for retail M&A’
The current environment presents a unique opportunity for astute buyers of businesses, maintains PwC’s Lisa Hooker
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NewsMorrisons credits focus on availability and value for profits surge
Morrisons has credited its return to profits due to its “significant focus” on improved availability and value.
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Opinion‘Unemployment fears could weigh on consumers’ minds even more than price rises’
A cautionary comment from fashion powerhouse Next that rising unemployment could be a threat in the months to come will resonate with other retailers, observes Retail Week executive editor George MacDonald
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NewsOutlet Shopping at The O2 sees double-digit sales growth backed by increased footfall
Outlet Shopping at The O2 has recorded a strong sales performance with double-digit growth as the entire scheme saw more visits, Retail Week can reveal.
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NewsRetailers warn Reeves tax increases would raise prices
Some of Britain’s biggest retailers have warned that tax rises in the autumn Budget could trigger higher prices.
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NewsAdidas sees double-digit growth across all channels and markets
Adidas has achieved double-digit growth across all of its channels and markets in the first half of 2025.
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NewsRiver Island vote goes to the wire as retailer bets its survival on High Court judgement
Friday’s vote on River Island’s restructuring plans is likely to go to the wire with disgruntled landlords set to vote against it, although a High Court ‘cramming down’ judgement could yet save the brand
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NewsGucci sales drop as luxury retail slump continues
Gucci sales dropped by 25% year on year in the second quarter as a challenging period for the world’s high-end retailers continues.
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AnalysisHas the UK reached peak Greggs?
After wilting in the unseasonable summer heat, and with investors questioning the brand’s direction, the food-to-go specialist’s boss Roisin Currie remains vehement that the UK hasn’t hit peak Greggs
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NewsCard Factory acquires Funky Pigeon from WHSmith
Card Factory has agreed to buy online greetings card business Funky Pigeon from WHSmith.
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NewsGreggs reports profit fall in challenging market
Food specialist Greggs has posted a fall in first-half profits as tough trading conditions and costs took a toll.
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NewsAldi becomes first UK supermarket to top staff pay at £13 an hour
Discounter Aldi is set to become the first UK supermarket to pay all of its frontline staff at least £13 an hour.
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NewsConfidence falls as consumers sense ‘stormy conditions ahead’
The British public is cautious about what’s to come when looking at the economy and their personal finances, according to the latest GfK consumer confidence index.
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NewsRiver Island at risk of collapse “within weeks” without rescue plan - report
River Island is set to collapse “within weeks” unless a rescue plan can be agreed with creditors, according to a report in The Telegraph.
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NewsDebenhams “close” to refinancing deal with past department store funder
Debenhams Group is in advanced talks about securing a £175m refinancing package with one of the companies behind the 2003 delisting of the former department store potentially involved, according to a Sky News report.
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NewsWickes sees strong growth as shoppers seek timber and garden fixes
The DIY and home improvement business saw like-for-like retail revenue growth of 6.4% in the six months ending June 28, 2025 vs the year before
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AnalysisBack to basics: how premium homeware retailer Oka is rebuilding after a crisis
Oka chief executive Mark Saunders and chief customer officer Aalish Yorke-Long speak to Retail Week about digital replatforming, store expansion plans and when to stick to your knitting.
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NewsThe Works profits jump as cost saving measures kick in
The Works has reported a jump in profits, despite total sales slipping, as it managed to offset financial headwinds through cost saving and improved margins.