All City & finance articles – Page 280
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OpinionOpinion: As Walden says farewell to Argos, he leaves a better business
Next week one chapter in the Argos story closes and another begins when its £1.4bn takeover by Sainsbury’s completes.
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NewsAsda offloads photo business as it sharpens focus on core supermarkets
Asda has sold its loss-making photo business in a £5.35m deal as the grocer increases its focus on its core supermarket operations.
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AnalysisAnalysis: Five lessons retailers can learn from Team GB's gold rush
As Team GB celebrates its best-ever Olympic medal haul on foreign soil, we analyse what retailers can learn from the success of British athletes.
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NewsLondon tourism spend soars post-Brexit vote but long-term picture uncertain
West End income from tourism has soared in the period following the Brexit vote, with American and Chinese visitors the highest contributors.
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NewsJD Sports mulls takeover bid for Go Outdoors to ramp up expansion plans
JD Sports is eyeing a takeover of rival high-street chain Go Outdoors as the retailer presses ahead with its ambitious growth plans.
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NewsDebenhams’ Irish business exits examinership, saving 1,330 jobs
Debenhams’ Irish business has been saved after the High Court approved a restructuring programme that will safeguard 1,330 jobs.
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OpinionThis week in retail: WHSmith takes centre stage as it issues pre-close update
High street and travel retailer WHSmith will find itself in the spotlight on Wednesday when it posts a pre-close update.
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NewsGap sales and profits decline as global restructure begins
Fashion retailer Gap has reported falling profits and sales in its second quarter, as it began to “execute restructuring plans”.
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NewsCalls for Theresa May to scrap Osborne's living wage over job cut fears
A leading think-tank has urged Theresa May to ditch the national living wage over fears it will cost thousands of jobs and not cut poverty.
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AnalysisKingfisher second-quarter sales jump: What the analysts say
Kingfisher reported a 7.2% rise in its second-quarter UK like-for-likes driven by a 13.3% jump at Screwfix. Here’s the City’s reaction.
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OpinionOpinion: Asda's latest sales setback shows turnaround will be a long slog
Asda’s second-quarter numbers are unsurprisingly disappointing, yet the 7.5% dip in like-for-likes is perhaps heftier than anticipated.
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NewsKingfisher second quarter like-for-likes up driven by B&Q and Screwfix
Kingfisher has posted improved like-for-likes in its second quarter, with growth driven by good performances at its British and Polish arms.
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AnalysisAnalysis: Recession lessons that will help retailers trade through Brexit
As retailers prepare for any Brexit storm, we look at what can be learned from the success stories of the recent recession.
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NewsTJX boosted by value credentials as its raises full-year forecast
TJX, the US-based value retailer, has raised its full-year guidance after a strong second-quarter driven by an increase in customer numbers.
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NewsLaura Ashley like-for-likes rise 4.1% while online sales soar
Laura Ashley has reported a healthy rise in full-year like-for-likes as strong furniture sales bolstered the retailer’s underperforming fashion arm.
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NewsJohn Lewis sales fall as hot weather sparks 'challenging' week
John Lewis sales dropped last week as the hot weather drove consumers away from shops during a “challenging” period of trading.
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NewsPoundland boss O’Byrne offered £2.7m in shares to stay under Steinhoff
Poundland boss Kevin O’Byrne has been offered a £2.7m share package to remain in charge under the ownership of Steinhoff.
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NewsRetail rich list 2016: The industry’s wealthiest 100
The tills are still jangling merrily for the world’s top retailers. But who has the most? Find out in Retail Week’s top 100 richest retailers.
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AnalysisInfographic: David Knight on the referendum plus the latest retail stats
The week in words and numbers, August 12, 2016: Strong trade for ScS, New Look’s LFLs fall 7% and Game’s UK gross transaction value drops 5%.
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NewsBHS: Top law firm to investigate retailer’s former directors
A leading law firm has been drafted in to help scrutinise the conduct of former BHS directors prior to the high-street chain’s collapse.