All City & finance articles – Page 297
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NewsFashion giant Gap defends itself over 'opaque' tax practice claims
Fashion retailer Gap has rejected claims that its tax practices are “opaque”, saying it is a taxpayer in “good standing” in the UK.
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NewsAnalysis: Was Tesco right to take full ownership of Harris + Hoole?
Three years after buying into Harris + Hoole alongside venture partners the Tolley family, Tesco has acquired the remainder of the business.
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NewsDunelm like-for-likes and profits soar: What the analysts say
Dunelm has reported strong half-year pre-tax profits and like-for-like sales buoyed by curtains and bedding. Here’s the City’s reaction.
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DataData: Retail share price index – February 5, 2016
February 5, 2016: This week’s data on the biggest risers and fallers plus a comprehensive list of share price results in the retail sector.
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NewsDunelm boss Browett targets London as part of store expansion plans
Dunelm boss John Browett is targeting more London stores for the homewares retailer and has not ruled out trying to acquire Argos sites.
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NewsDunelm boosted by curtains and bedding as profits and sales rise
Dunelm has posted a 10.7% rise in half-year pre-tax profits, while sales were driven by a “strong” performance in curtains and bedding.
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OpinionOpinion: DFS and ScS well upholstered as shoppers make big-ticket buys
It looks as if the upholstered furniture market, in contrast with some retail sectors, has plenty of spring left in it.
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VideoThe Retail Week: Retail pay rates, easyFoodstore and Morrisons price cuts
Catch up on this week’s big retail stories with analysis from Retail Week executive editor George MacDonald and news editor James Wilmore.
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NewsAgenda: New Look and Dunelm updates and Kantar grocery figures
Retail Week looks ahead to next week with updates from New Look, Dunelm and the latest grocery update from Kantar.
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NewsDFS reports rise in half-year sales as finance boss steps down
DFS has reported a jump in half-year sales as its expansion strategy bore fruit amid a “healthy furniture market”.
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NewsHome Retail Group investor Old Mutual backs Sainsbury's takeover bid
Home Retail Group’s third largest shareholder, Old Mutual, has backed the £1.3bn takeover bid from supermarket giant Sainsbury’s.
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NewsSainsbury’s agrees asking price for Argos offer: What the analysts say
Sainsbury’s has reached an agreement with Home Retail, valuing the business at approximately £1.3bn. Here’s the City’s reaction.
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NewsSainsbury's boss Coupe gunning for John Lewis and Amazon with Argos bid
Sainsbury’s boss Mike Coupe has declared the grocer can compete with John Lewis, Amazon and M&S, if it completes a takeover of Argos.
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AnalysisAnalysis: Sainsbury's bid for Home Retail Group in numbers
Sainsbury’s and Home Retail Group announced today they have agreed terms on a deal for the grocer to acquire the Argos owner for £1.3bn.
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NewsMatalan placed in bank’s special measures unit over trading fears
Matalan has been placed into its bank’s special measures division for struggling businesses as concerns grow over its weak trading.
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NewsOcado customer service focus helps full-year profits rise
Online grocer Ocado’s pre-tax profits surged 65.3% to £11.9m in the year to November 29, 2015 as its focus on customer service paid off.
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NewsSainsbury’s agrees Home Retail asking price ahead of takeover deadline
Sainsbury’s has reached an agreement with Home Retail over the asking price for the business ahead of this evening’s takeover deadline.
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DataData: Retail share price index – January 29, 2016
January 29, 2016: This week’s data on the biggest risers and fallers plus a comprehensive list of share price results in the retail sector.
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NewsBargain Booze owner Conviviality posts half-year profits rise
Bargain Booze owner Conviviality’s pre-tax profit before exceptionals edged up 2.8% to £3.3m in its half year, despite a like-for-like decline of 1.3%.
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NewsSainsbury's talks to acquire Home Retail Group stall over valuation
Sainsbury’s hopes of acquiring Argos owner Home Retail Group hang in the balance because the retailers cannot agree a price.