All City & finance articles – Page 29
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NewsPoundland owner weighs changes as it calls in advisers
The owner of UK value retailer Poundland has drafted in advisers to explore options to arrest the business’ slump.
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NewsBudget is hurting part-time workers and women, warns Pets at Home boss
The boss of Pets at Home has said the changes to national insurance set out in the budget are damaging opportunities for “young, flexible workers”, part-time workers and women.
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Opinion‘Why we are more downbeat on the UK retail outlook’
It’s hard to believe how the mood music of shoppers and retailers has changed since last year’s general election, observes Shore Capital’s Clive Black
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Opinion‘Are the lights turning back on in the home and furniture market?’
Updates from DFS and Dunelm this week struck a cautious note, but there are signs of life in the home goods category, including a big move by Primark, believes George MacDonald
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NewsDFS ‘cautiously optimistic’ following profit and sales growth during first half
Furniture retailer DFS has reported profit growth during the first half as it continues to establish position as “the clear market leader”.
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NewsSuperdrug has seen its ‘best Christmas ever’ driven by gift sets and hair care
Superdrug has recorded its “best Christmas ever” as gift sets and hair care saw high sales over the festive period.
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NewsDeliveroo reports ‘strong growth’ at grocery business
Delivery specialist Deliveroo has reported “robust” fourth-quarter trading when its food proposition performed well.
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NewsPoundland suffers sales plunge in Christmas quarter
Value specialist Poundland’s like-for-likes fell in the Christmas quarter, parent Pepco reported.
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NewsDunelm posts ‘solid’ sales growth in challenging conditions
Homewares powerhouse Dunelm has reported a “solid performance” in what it described as a “challenging” and “volatile trading environment.
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AnalysisHow Currys plans to keep charging ahead following a strong Christmas
A raised profit outlook, higher Christmas sales and an improvement in the Nordics market, Currys recorded strong growth over peak trading.
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NewsBoohoo shareholders are urged to vote against Frasers’ bid to remove Mahmud Kamani once again
Independent proxy adviser Glass Lewis has recommended fast-fashion retailer Boohoo’s shareholders to vote against the demands of Frasers Group at the upcoming general meeting.
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NewsUK high street spend declined as shoppers took part in a ‘cautious Christmas’
UK high streets saw a drop in sales in December as shoppers decided to take a cautious approach to Christmas spending, according to data from Rendle Intelligence and Insights shared exclusively with Retail Week.
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NewsCurrys has raised its profit outlook following ‘strong peak trading’
Electricals giant Currys has raised its profit outlook for the year after boss Alex Baldock hailed “strong peak trading” over the Christmas period.
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NewsBooths has reported record Christmas trading
Independent grocery chain Booths has hailed a record Christmas period, driven by what the retailer said was its service, quality and availability.
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NewsFortnum & Mason outlines investment plans after profits and Christmas sales climb
Landmark department store business Fortnum & Mason intends to invest in a raft of initiatives after reporting a strong annual and Christmas performance.
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AnalysisAfter a very merry ecommerce Christmas, Ocado aims to keep the cheer rolling into 2025
After delivering a record-breaking Christmas on the back of the best part of a year of constant growth, Ocado is riding high. How does it plan to keep up the momentum?
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NewsVery Group has recorded increase in golden quarter sales
Very Group has recorded a strong Christmas and Black Friday trading, mainly driven by a rise in annual sales across home, toys, gifts and beauty.
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NewsJD Sports has seen revenue increase despite a ‘challenging and volatile market’
JD Sports has recorded a growth in revenue across its golden quarter trading period, despite what the retailer called a “challenging and volatile market”.
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NewsOcado has delivered 'another record-breaking Christmas' and strong performance across 2024
Ocado has achieved “another record-breaking Christmas” with its highest-ever level of sales over the festive trading period, along with a strong performance throughout 2024.
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NewsMajestic Wine toasts ‘best-ever Christmas’ as new customers splash out
Majestic Wine has toasted its biggest ever Christmas, as new customers splashed out on fine wines, champagne and sparkling during the festive period.