All City & finance articles – Page 178
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NewsScS ‘continues to outperform’ in tough climate
ScS expects its full-year results to be in line with expectations as like-for-like order intake growth has increased consecutively for two years.
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NewsWestfield’s UK income hit by retail CVAs and leasing delays
Westfield’s UK rental income over the first half of the year fell amid an increase in vacancies due to the rash of retail CVAs and administrations and delays with leasing due to Brexit.
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Retail VoiceThree ways to protect your payments data
Cyber-security is vital for safeguarding customers’ sensitive payment information. Consider using these three technologies, as outlined by Sage Pay, to ensure the best protection for them.
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AnalysisAnalysis: How retailers can avoid a pounding from a weak sterling
After sterling slumped to a two-year low as the threat of a no-deal Brexit looms ever larger, Retail Week analyses what retailers can do to mitigate the pain of a weak pound.
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NewsApple profits drop amid slump in iPhone sales
Apple has suffered a drop in quarterly profits sparked by a further decline in sales of iPhones.
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NewsTravis Perkins firms up plans to offload Wickes
Travis Perkins has firmed up plans to offload DIY chain Wickes – and hopes to complete the demerger within the next year.
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NewsIntu launches ‘transformational’ strategy as rental income slumps
Shopping centre owner Intu has launched what it has dubbed a “transformational” five-year strategy as it bids to arrest tumbling rental income and asset values.
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NewsNext ups profit guidance as second-quarter sales rise
Next has increased its full-year profit guidance after reporting a rise in sales during its second quarter.
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NewsConsumer confidence rallies as shoppers show ‘resilience’
Consumer confidence edged up in July, with increases recorded across all but one measure.
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OpinionLeader: Who will dare challenge Mike Ashley?
Whatever else he may be, Sports Direct tycoon Mike Ashley is commendably plain-spoken.
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CartoonRetail cartoon: Sports Direct's all-singing, all-dancing new model
Patrick Blower’s take on Mike Ashley and his mechanics “putting a beautiful, shiny new car on the outside” of Sports Direct’s retail engine.
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NewsGreggs sales and profits climb in ‘exceptional first half’
Greggs has recorded a jump in its interim profits as demand rose driven by the popularity of its new vegan sausage roll.
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NewsSports Direct auditor to quit over €674m tax bill bombshell
Sports Direct’s auditor Grant Thornton told regulators that it intended to quit due to concerns regarding the disclosure of the retailer’s 11th hour Belgian tax bill.
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NewsHammerson hit by retail CVAs and administrations
Rental income at retail property giant Hammerson’s top destinations has slid as retailers’ woes undermined performance.
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Retail VoiceHow retailers can make data work for them
Business intelligence helps retailers make smart decisions and supports sustainable growth. Here are five ways data can be applied to add value.
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NewsHouse of Fraser closures loom as Ashley’s Sports Direct takes hit
Sports Direct has laid bare the scale of problems at House of Fraser, the department store business it bought out of administration last year, as it posted a fall in full-year earnings.
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NewsAgenda: Next, Pets at Home and Travis Perkins update
Retail Week looks ahead to the next seven days with updates from Next, Pets at Home, Travis Perkins, Hammerson and Intu all on the agenda.
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NewsMothercare warns on profits as it seeks to offload UK arm
Mothercare has warned that its full-year losses are likely to be in line with its previous financial year’s as it kicks off talks to sell struggling UK stores.
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NewsAmazon misses profit forecasts while Prime costs bite
Amazon has reported lower-than-forecast second-quarter profits as it ploughed investment into its one-day delivery services.
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VideoWatch: Is Boris Johnson as PM good or bad for retail?
Following Boris Johnson entering Downing Street and promising to deliver Brexit by October 31 “do or die”, the team debate what impact the new prime minister will have on retailers.