All City & finance articles – Page 266
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NewsMike Ashley claims Odey backing is 'highly significant'
Sports Direct boss Mike Ashley has welcomed backing from one of the retailer’s key investors and said the support is “highly significant”.
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NewsToday in retail: Aldi brings good tidings for discounters
Aldi proved plenty of soothsayers wrong today, hitting back at the weekend’s gloomy headlines by grabbing plenty of positive column inches with its best-ever Christmas.
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NewsAldi’s premium ranges drive Christmas sales spike
Aldi has posted a jump in December sales, driven by the success of its expanded luxury ranges.
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NewsBoohoo.com bid for Nasty Gal moves step closer
Boohoo.com’s acquisition of US brand Nasty Gal has moved a step closer after the US Bankruptcy Court approved the process to sell its assets.
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NewsMaplin Christmas sales soar as drones take off
Maplin has hailed “one of its strongest Christmas trading periods” as drones helped sales fly during the golden quarter.
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AnalysisListen: Top economist Bootle on Brexit and 2017 outlook
Retailers should prepare for a slowdown in consumer spending this year but it may not be as bad as feared, believes leading economist Roger Bootle.
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NewsMountain Warehouse toasts bumper Christmas sales
Outdoor clothing specialist Mountain Warehouse has toasted an “outstanding” Christmas trading performance as like-for-likes jumped 13.6%, Retail Week can reveal.
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VideoThe Retail Week: Next, B&M Bargains and grocery results
The Retail Week team sits down to discuss the first results to come in after Christmas and look ahead to how the grocers will fare.
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NewsHMV and Staples owner Hilco names Henry Foster as new boss
HMV owner Hilco Capital has appointed Henry Foster as its new chief executive, replacing Paul McGowan at the helm.
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NewsNisa sales rise over Christmas as promotions pay off
Nisa’s like-for-likes climbed during the Christmas trading period as investments in seasonal promotions drove sales.
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NewsThe Fragrance Shop posts jump in Christmas sales
The Fragrance Shop registered an increase in like-for-like sales during the Christmas period, driven by the performance of luxury brands.
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NewsB&M Bargains sales soar in run-up to Christmas
B&M Bargains sales rocketed in the three months to Christmas Eve, with UK like-for-likes rising 7.2%.
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NewsShop prices fall but rate of decline starts to slow
Shop prices fell once more in December but the rate of decline has begun to slow.
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NewsNext's pre-Christmas sales slump as price rises loom
Next’s full-price sales fell in the all-important fourth quarter, contrary to the retailer’s expectations.
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NewsJigsaw Christmas sales up as retailer resists discounting
Jigsaw’s sales rose 10% over the Christmas period, with the retailer maintaining its full-price offer.
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OpinionOpinion: House of Fraser doesn’t need a bank
Banks are banks and shops remain shops. Putting one into the other will not equate to additional sales.
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NewsBHS liquidator probes Green and Chappell property deals
BHS’s liquidators are investigating a swathe of property transactions that took place under the ownerships of Sir Philip Green and Dominic Chappell.
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NewsGoldsmiths owner Aurum set for auction amid sales boom
The owner of luxury watch and jewellery group Aurum could call time on its ownership of the business as it eyes a potential sale.
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NewsAgent Provocateur owner 3i mulls sale of lingerie chain
Agent Provocateur’s owner 3i is considering selling the struggling lingerie business as the private equity firm weighs up its options for the retailer.
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NewsBreakfast briefing: Scottish retail sales and UK fashion retailers
Retail news round-up: Rising inflation and council taxes affect Scottish retail sales and UK fashion retailers to face financial crisis.