All City & finance articles – Page 275
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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.
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NewsAgenda: Next and Morrisons post updates
Retail Week looks ahead to the next seven days with third-quarter trading updates from Next and Morrisons both on the agenda.