All City & finance articles – Page 271
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NewsSainsbury's Coupe: We have no idea of cost inflation
Sainsbury’s boss Mike Coupe admitted he has “no idea” of the inflationary pressures that will emerge next year, but vowed to maintain its price position.
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NewsBurberry profits drop despite soaring UK like-for-likes
Burberry reported a slump in its first-half profits as rising like-for-likes in the UK failed to offset falling sales in Europe and Hong Kong.
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NewsSainsbury’s profits fall as like-for-like sales dip
Sainsbury’s first-half profits dropped while like-for-like sales edged down as the grocer drives its initiative for everyday low prices despite “challenging market conditions”.
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VideoWatch: M&S's half-year results discussed
We reflect on Steve Rowe’s comments about how he intends to turn around Marks & Spencer’s fashion fortunes.
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NewsToday in retail: Rowe upbeat despite fashion sales fall
M&S boss Steve Rowe was on fighting form when I saw him earlier today at the interim results meeting.
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NewsM&S’s Rowe vows to keep prices down despite sterling fall
Marks & Spencer chief executive Steve Rowe has pledged to keep prices down for customers despite sterling’s plunge.
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AnalysisAnalysis: Are Rowe's fashion plans too late for M&S?
Despite Steve Rowe setting out in May plans to recover and grow Marks & Spencer’s struggling clothing division, there remains little visible improvement.
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OpinionOpinion: B&M is well placed to capitalise on economic downturn
Like its publicly listed counterparts, B&M has endured a difficult time on the stock market since Britain’s vote to quit the EU.
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OpinionOpinion: Rowe’s roadmap for M&S puts focus on better stores
Having trodden the time-honoured path from shopfloor to boardroom, M&S chief executive Steve Rowe won’t have taken the decision to close stores lightly.
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NewsNew Look narrows pre-tax losses but sales tumble
New Look has narrowed its pre-tax losses but suffered a sales slump amid an “extremely challenging” first half.
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NewsPrimark profits rise but weather dents UK like-for-likes
Primark has posted a rise in full-year profits but blamed “unseasonable weather” and “cautious” consumers for a fall in like-for-like sales.
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NewsBooths slumps to pre-tax loss as storms dampen sales
Booths has slumped to a pre-tax loss after food price deflation and Storm Desmond dampened its full-year performance.
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NewsToday in retail: Sainsbury's 'brain gain' gathers pace
It’s been a year of acquisitions for Sainsbury’s, most notably the additions of Argos and Habitat to its growing business.
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NewsToday in retail: Christmas ad TV battle blasts off
The starting gun has well and truly been fired on the battle for the most popular Christmas ad.
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NewsDFS private equity backer Advent halves stake
Private equity group Advent International has sold half its stake in furniture retailer DFS for £61.7m, cutting its holding to 12.1%.
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NewsBHS: Green could agree pension deal by Christmas
Sir Philip Green could strike a deal with the Pensions Regulator by Christmas over the BHS deficit, according to reports.
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NewsAgenda: M&S, Sainsbury's, Halfords and SuperGroup
Retail Week looks ahead to the next seven days with financial updates from Marks & Spencer, Sainsbury’s, Burberry, Halfords and SuperGroup all on the agenda.
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NewsPhilip Green’s pensions offer ‘£100m less than needed’
Sir Philip Green is reportedly offering £100m less than is necessary to fill the BHS pensions black hole.
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NewsToday in retail: Good shopkeeping lifts Morrisons’ sales
Morrisons impressed today when it reported like-for-like growth of 1.6% in the third quarter – quite an achievement in the hard-fought food market.
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OpinionOpinion: Big four are stabilising, but there's more to do
After years of food price deflation, the growth of online and the rise of the discounters, the big four are suddenly in serious danger of stabilising.