All City & finance articles – Page 2
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NewsPret a Manger hails ‘encouraging start’ to the year as sales rise
Food-to-go specialist Pret a Manger has reported an “encouraging start” to the year as sales continued to rise following positive growth in 2025.
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NewsHobbycraft pays out to creditors as it makes early exit from CVA
Specialist retailer Hobbycraft has exited its CVA two years earlier than envisaged and distributed a pot of cash to creditors, Retail Week can reveal
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NewsBoots in talks with potential buyers at $10bn valuation
Health and beauty giant Boots has held talks with potential suitors over a sale which could value the retailer at as much as $10bn.
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NewsHeatwave drives jump in retail sales in May
The twin bank holidays and a heatwave helped drive a jump in retail sales during May, according to the latest BRC-KPMG retail sales monitor.
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NewsBritish Heart Foundation to close 150 shops amid rising costs
The British Heart Foundation (BHF) is to close around 150 of its charity shops over the next two years, citing “exceptionally challenging” trading conditions on Britain’s high streets.
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NewsBritish Land criticises TGJones’ ‘unacceptable’ and ‘unfair’ restructuring proposals
Commercial property group British Land has slammed TGJones’ restructuring proposals, labelling them “unacceptable” and “unfair”.
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NewsFootasylum enters partnership with Trapstar
Footasylum has entered a strategic partnership with British streetwear brand Trapstar.
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AnalysisHow value retailer B&M aims to bounce back with focus on basics
Low-price retailer B&M may have suffered a fall in full-year profits, but a strategic focus on the basics that originally made it such a success gives grounds for encouragement.
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NewsModella Capital agrees deal with former Poundland owner for Dealz
Modella Capital has continued its retail buying spree with a bid to snap up Polish discounter Dealz.
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NewsDebenhams ‘back to growth’ following strong May trading
Online retailer Debenhams Group “returned to growth” in the first quarter after the “heavy lifting” of its turnaround strategy began to pay off.
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NewsB&M reports profits fall after ‘difficult year’
Value retailer B&M has suffered a fall in annual profits but its boss says it has “moved at pace” to address problems.
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NewsZara owner Inditex reports ‘solid’ first quarter
Fashion giant Inditex has posted a “solid” first quarter performance after spring/summer collections were ”very well received”.
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NewsHome Bargains eyes up heritage brand acquisition
Value retailer Home Bargains is pondering the purchase of famous pottery brand Denby out of administration.
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AnalysisAsda and Ocado: Fulfilment partnership is much-needed win for both businesses
As supermarket giant Asda strikes a fulfilment deal with Ocado, Retail Week analyses what it means for both retailers and how it will work
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NewsAsda hails turnaround progress as like-for-like sales improve
Asda executive chair Allan Leighton has hailed progress in the brand’s turnaround plan.
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NewsBurberry CEO could see £12m pay day as brand scales back climate goals
Burberry boss Joshua Schulman could be in line to receive £12.2m under the luxury brand’s new bonus scheme, according to its annual report that also revealed the company had revised its green ambitions.
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NewsCo-op prices £350m sustainability bond
The Co-operative Group has priced a bond offering of £350m of 8.25% sustainability senior notes due in 2031.
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AnalysisLidl vs Morrisons: Seismic moment or statistical footnote?
As today’s Worldpanel grocery market share data showed Lidl overtaking Morrisons, Retail Week analyses whether this is a seismic moment for UK grocery, or will come to be seen as a statistical footnote in all but the most niche histories?
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NewsAmazon UK tax payments climb by 20%
Online giant Amazon’s tax bill climbed last year, making it one of the biggest tax contributors in the UK.
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NewsNew Pets at Home boss hails turnaround momentum despite falling profits and sales
New Pets at Home chief executive James Bailey said he can see “material progress” being made in the business’ turnaround, despite reporting falling profits and sales.