All City & finance articles – Page 272
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NewsMorrisons Potts: We will 'work very hard' to keep prices low
Morrisons boss David Potts has insisted the grocer will “work very hard” to reduce prices despite the slump in the value of the pound.
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NewsMorrisons like-for-likes lift in third quarter
Morrisons boss David Potts said “there is a lot more we plan to do” despite the grocer’s like-for-likes rising 1.6% in its third quarter.
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NewsAnalysis: What did we learn from Next's results?
Lord Wolfson’s warning earlier this year, that 2016 would be the toughest since the financial crisis began in 2008, was prophetic.
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NewsHarrods profits spike despite 'tough' conditions
Harrods has posted a jump in full year profits and sales despite “tough trading conditions” on British high streets.
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OpinionOpinion: Expect few sparks from M&S next week
As Marks & Spencer chief executive Steve Rowe prepares to unveil interim results next Tuesday, he looks back on a torrid start to his tenure.
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CartoonBlower’s retail cartoon: The bonfire of the margins
Cartoonist Patrick Blower’s take on Guy Fawkes Night as mild weather lights the gunpowder to burn fashion retailers’ profit margins.
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NewsDeflation continues as BRC warns of 'inevitable' inflation
Deflation continued apace in October, with shop prices falling 1.7%, as the BRC warned that imported inflation was “inevitable” next year.
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NewsNext’s sales drop again in 'difficult' third quarter
Next suffered during its third quarter before full-price sales were boosted by October’s cold weather.
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NewsToday in retail: HMV makes a chart hit of its own
There’s life in the old dog yet – Nipper that is, the HMV pooch.
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NewsBHS: Dominic Chappell 'bled it dry', says Paul Sutton
Former BHS owner Dominic Chappell “bled it dry”, according to the man who introduced him to the idea of buying the retailer.
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NewsRetailers urged to prepare for launch of new £1 coin
The Treasury has advised businesses to start preparing now for the introduction of the new £1 coin.
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AnalysisAnalysis: Can Jill McDonald take Halfords up another gear?
It is now a year since Halfords boss Jill McDonald unveiled her ‘Moving Up a Gear’ strategy for the cycling and motoring retailer.
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NewsTesco investors file damages claim for over £100m
A group of 125 shareholders have filed a claim for more than £100m in damages from Tesco following the grocer’s accounting scandal.
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NewsAll Saints profits rise as it targets overseas expansion
All Saints has posted its fourth consecutive year of rising profits and sales and targeted further international growth.
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NewsTK Maxx profits jump amid 'aggressive' cost controls
TK Maxx has posted a jump in full-year pre-tax profits after growing sales and focusing “aggressively” on cost controls.
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OpinionThis week in retail: MPs debate the living wage nightmare
Forget the ghosts and ghouls, black cats and bats that will come out for Halloween today – there’s something else giving retailers nightmares.
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NewsToday in retail: Zero Christmas profits from Amazon?
Imagine a quoted UK retailer telling the City that it might make no money over the peak Christmas trading period. Zilch. Not a sausage.
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NewsLenta to acquire rival Kesko's grocery business
Russia’s largest hypermarket chain Lenta has penned a multi-billion ruble deal to acquire rival Kesko’s grocery business.
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NewsAmazon sales soar but profits lower than expected
Amazon has revealed lower than expected profits despite soaring sales in its third quarter.
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NewsConsumer confidence drops as sterling declines
Consumer confidence has dropped two points, driven by the sharp decline in the value of the pound.