All City & finance articles – Page 285
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NewsJohn Lewis boss warns post-Brexit sterling fall is "big issue"
John Lewis managing director Andy Street has said that the depreciation of the pound following Brexit could be a “big issue” for the retailer.
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NewsDebenhams' London flagship lease sold by British Land to private investor
British Land has sold Debenham’s Oxford Street store lease as part of a ‘strategic focus’, to a private investor following Brexit.
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NewsRetail Acquisitions planned to write off BHS debt in Sports Direct rescue deal
Retail Acquisitions planned to waive debt to BHS and keep a stake in the retailer as part of a proposed rescue deal with Sports Direct.
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AnalysisAnalysis: After Brexit, who will be retail's winners and losers?
Retailers across the UK have been left to ponder an uncertain future following the country’s shock vote to leave the European Union.
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NewsAgenda: SuperGroup full-years plus Asos, Halfords and Mothercare updates
Retail Week looks to next week with full-year results from SuperGroup, plus trading updates from Asos, Burberry, Halfords, Mothercare all on the agenda.
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AnalysisOpinion: Retailing after Brexit vote – why is the City so gloomy?
General retailer share prices have slumped since the Brexit vote – so why has the City moved so brutally to discount a UK recession?
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NewsM&S forced to re-publish quarterly results following 'clerical error'
Marks & Spencer has been forced to re-publish its first quarter results after incorrectly claiming that group sales had increased.
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NewsOpinion: Fight Brexit uncertainty by getting on with business as usual
Someone said to me the other day that anyone claiming to be able to predict the path of British politics is either a liar or a fool.
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NewsSports Direct boss Forsey monitoring fate of EU workers post-Brexit
Sports Direct has admitted it is keeping a close eye on how Brexit could affect EU workers, but said other retailers would also be hit.
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NewsDunelm reports 'retail slow-down' in the run-up to the EU referendum
Dunelm boss John Browett said trading was “volatile” in its fourth quarter because of “changeable weather” and a general “retail slow-down”.
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NewsSports Direct full-year profits slide after 'tough trading' in second half
Sports Direct has posted an 8.4% drop in annual pre-tax profits as boss Dave Forsey branded it a “disappointing” year.
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NewsM&S clothing sales fall 8.9% after Brexit build-up and fewer promotions
Marks & Spencer has posted a sharp drop in UK first-quarter like-for-likes as it felt the impact of running fewer promotions in its clothing and homewares division.
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InterviewInterview: Poundland's Jim McCarthy looks back on his 43 years in retail
Jim McCarthy is rarely stuck for words. Anyone who knows the gregarious retail veteran will testify to that.
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NewsFrank Field: Tina Green made £28m last year from BHS acquisition
The MP leading the select committee on BHS has hit out at Lady Tina Green, calling to attention the sums she continues to earn from BHS.
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NewsTopps Tiles reports increased like-for-likes in third quarter
Topps Tiles has reported a rise in like-for-likes in its third quarter, saying it is “confident in [its] ability to outperform the market”.
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NewsSainsbury's boss Coupe 'absolutely convinced' by Argos deal despite Brexit
Sainsbury’s boss Mike Coupe has downplayed fears over Brexit and remains “absolutely convinced” of the rationale to acquire Home Retail Group.
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NewsEx-M&S boss Marc Bolland set to join investment group Blackstone
Former Marks & Spencer boss Marc Bolland is set to join investment group Blackstone, to lead its European private equity arm.
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OpinionOpinion: Sainsbury's split from Netto reflects its shifting priorities
When Sainsbury’s boss Mike Coupe unveiled its Netto venture, the grocery chief said it could “open up a new long term growth opportunity”.
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NewsSainsbury's cuts ties with Netto – all stores to close by August
Sainsbury’s is ending its joint venture with Netto following a “comprehensive review” of the business and will close all 16 stores next month.
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NewsStaples reviewing UK business following blocked Office Depot merger
Staples is reviewing the future of its UK business following the US stationery chain’s blocked merger attempt with Office Depot.