All City & finance articles – Page 274
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NewsYoox Net-a-Porter sales jump as customer numbers grow
Yoox Net-a-Porter has posted a spike in full-year sales as the group hailed increases in order numbers and active customers.
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AnalysisAnalysis: Who could be on Asda's shopping list?
The past year has witnessed a monumental shift in strategy from the UK’s leading grocers as supermarket chains seek to open up new revenue streams.
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NewsCo-op boss Richard Pennycook to step down
The Co-op’s group chief executive Richard Pennycook is stepping down from the mutual, to be succeeded by food boss Steve Murrells.
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NewsToday in retail: Aldi topples the Co-op to hit high five
Aldi greeted this morning’s news that it has toppled the Co-op to become the fifth largest grocer in the UK with little fanfare.
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NewsBooker bids to convince retailers over Tesco deal
Booker bosses will kick-start a tour of the UK tomorrow as they bid to convince independent retailers of its shock £3.7bn merger with Tesco.
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NewsNew Look sales and profits plunge in third quarter
New Look suffered plunging sales and profits during the crucial Christmas quarter as it lamented the “extremely challenging” trading environment.
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NewsBoohoo.com on track to complete Nasty Gal acquisition
Booohoo.com is set to complete its acquisition of Nasty Gal as no other qualifying bids for the retailer have been received.
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OpinionOpinion: Mike Ashley can never be second-guessed
As Sport Direct’s founder Mike Ashley freely admits, he can’t be “house trained”.
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AnalysisAgenda: Dunelm, DFS and grocery market share updates
Retail Week looks ahead to the next seven days, with half year results from Dunelm, a pre-close update from DFS and the latest grocery market share data on the agenda.
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NewsMajority of retail chiefs primed for growth in 2017
The majority of retailers expect their businesses to grow in 2017, despite the headwinds brought by Brexit and general political uncertainty.
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OpinionOpinion: Cousins’ resignation an example to non-execs
Adamant the Booker deal is wrong for Tesco, Richard Cousins voted with his feet – so why does the acquisition have unanimous support from other non-execs?
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NewsShop prices fall in January amid post-Christmas Sales
Shop prices dropped last month as January Sales in the fashion, footwear, furniture, and electricals drove deflation.
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NewsToday in Retail: Ocado ramps up international efforts
Ocado didn’t make much of a song and dance about the eye-catching appointment of former Sainsbury’s executive Luke Jensen.
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OpinionOpinion: Ocado's need for an international deal is critical
Ocado’s business model means it has had to invest massively to build scale – and this has continued to weigh on the profitability of the etailer.
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OpinionWill Tesco and Booker create a Big Food Group Mk II?
Big Food Group revisited was the first reaction of many – or perhaps the second, after sheer surprise – when news of Tesco’s planned tie-up with Booker flashed up on screens.
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NewsScS pleased by orders rise against tough comparatives
Sofas and floorings specialist ScS has posted a rise in like-for-like order intake.
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NewsOcado full-year profits spike as customer base widens
Ocado has registered a jump in full-year profits and sales as its customer base continued to demonstrate strong growth.
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NewsJoules first-half profits rise as customer numbers grow
Fashion retailer Joules has posted a rise in sales and profits during its first half.
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NewsCarpetright celebrates return to sales growth in UK
Carpetright has reported a return to quarterly sales growth in the UK and said its turnaround strategy is on track.
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NewsH&M profits hit by discounting and higher sourcing costs
H&M said its full-year profits were dented by discounting and higher purchasing costs stemming from the strength of the US dollar.