All City & finance articles – Page 242
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NewsM&S boss Rowe downplays food like-for-like drop
Marks & Spencer boss Steve Rowe has downplayed the significance of the like-for-like dip in its grocery sales during the first quarter of the year.
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NewsM&S stems fashion decline as full-price sales spike
Marks & Spencer has stemmed the rate of sales decline in its crucial fashion division and hailed further growth in full-price sales.
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NewsToday in retail: Lidl's new boss lays down the gauntlet
He may be the new kid on the block, but Lidl UK’s boss Christian Härtnagel is proving he’s ready to mix it with his more experienced rivals.
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NewsBrighthouse eyed by hedge funds in debt for equity deal
US hedge funds are aiming to take control of rent-to-own specialist Brighthouse as the retailer labours under the weight of its debt.
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InterviewInterview: Evans Cycles' new boss Andy King
Evans Cycles’ new chief executive Andy King talks to Retail Week about catering for commuters and his strategy to pedal the business into profit growth.
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NewsEvans Cycles profits punctured despite sales rise
Evans Cycles posted a slump in its preliminary profits, which new boss Andy King attributed to ongoing adverse market conditions.
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AnalysisDunelm trading update: What the analysts say
Homewares specialist Dunelm – which bought etailer Worldstores last November – reported better than expected sales in the fourth quarter, but downgraded profit expectations.
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NewsSuperdrug stablemate Savers posts spike in profits
Superdrug stablemate Savers has posted a jump in profits and sales, buoyed by new store openings and strong like-for-like growth.
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NewsDunelm like-for-likes drop despite fourth quarter boost
Dunelm has suffered a decline in like-for-like sales across its full year despite a trading boost during its fourth quarter.
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NewsAgenda: Marks & Spencer, Burberry, Eve and Asos update
Retail Week looks ahead to the next seven days, with updates from Marks & Spencer, Eve and Asos on the agenda.
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AnalysisPrimark sales surge as it stems margin decline
Primark has reported surging sales as it stemmed its declining profit margin with lower markdowns.
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NewsToday in retail: Is Amazon Ocado's white knight?
As Ocado seeks out international grocery partners to which it can license its Smart Platform, it may have found an unlikely catalyst for deals.
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CartoonBlower’s retail cartoon: Game under attack
Cartoonist Patrick Blower’s take on the tough conditions faced by Game that led to latest profit warning and share slide
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NewsOcado's Steiner shrugs off Amazon Whole Foods deal
Ocado boss Tim Steiner has downplayed the impact of Amazon’s Whole Foods acquisition − and insisted it will help the etailer to sell its technology.
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NewsBooker posts sales rise in first quarter
Booker generated a like-for-like sales rise of 4.2% in its first quarter as its strategy paid off.
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NewsTopps Tiles records sales fall amid weak trading conditions
Topps Tiles’ like-for-like sales slid 4.7% in its third quarter as the trading environment toughened.
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NewsSainsbury's numbers look tasty, but is Nisa a no go?
Argos was the jewel in Sainsbury’s crown during the Christmas period, raising questions as to the health of its core food division.
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NewsSainsbury’s keeps lid on key food prices amid inflation
Prices of many staple items at Sainsbury’s remain cheaper than they were three years ago, despite greater food price inflation.
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News
Tesco to compensate shareholders for accounting scandal
Tesco has unveiled plans to offer financial compensation for its 2014 accounting scandal to around 10,000 of its shareholders.
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OpinionOpinion: As Game loses a life, is M&S starting afresh?
Since Game floated at the bottom of its price range in 2014, the speciality retailer has faced one obstacle after another.