All City & finance articles – Page 3
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Opinion‘In Primark’s bleak midwinter, one guiding star gives hope’
Despite tough conditions, the UK was the standout performer as Primark’s overseas business slumped. Applying lessons learned at home internationally should help the retailer recover, believes George MacDonald
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AnalysisMarks & Spencer Christmas trading – the City reaction
Marks & Spencer’s Christmas trading update is always among the most anticipated in the industry. How did City analysts view performance?
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NewsTesco sees highest market share in a decade as Christmas sales rise
Supermarket Tesco has recorded its highest market share in over a decade thanks to investments across the shopping journey, while Christmas sales also grew.
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NewsMarks & Spencer sees record number of customers at Christmas
Marks & Spencer has seen a record number of customers shop with the retailer at Christmas as group sales soared.
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NewsGreggs outperforms market as it seeks ‘new opportunities’ in 2026
Greggs has outperformed the market against a backdrop of subdued consumer confidence in the food-to-go market as full year sales rise.
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NewsPrimark reins back expectations after sales in Europe plunge
Value clothing giant Primark has reported tough trading overseas, prompting it to cut sales growth expectations and hit profitability.
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NewsWaterstones close to appointing IPO adviser
Waterstones owner Elliott Management is close to hiring bankers to work on a multi-billion-pound listing of the bookseller.
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NewsTopps Tiles ‘outperforms’ market as sales rise
The eponymous business achieved a 2% increase in like-for-likes in the first quarter to December 27, helped by a 3.7% advance in its trade business and category extensions. The group, which notched up record revenues in its last financial year, posted revenue growth of 3.7% year ...
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NewsTesco joins New York OTC trading platform
Tesco has joined the growing list of UK firms to begin trading on the OTC market in the US.
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NewsNext eyes rescue bid for LK Bennett
Next is reportedly exploring a rescue offer for premium womenswear brand LK Bennett.
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NewsFewer businesses expect sales rise in 2026 as confidence drops
Business confidence has deteriorated within SMEs, with companies reducing investment in response to tax increases and rising labour costs, a leading survey has found.
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Opinion‘Our hard-earned taxes are being misallocated on an epic scale’
Tech platform and ticket seller Trainline’s share price performance raises questions about the impact of the government on business, argues Matt Truman
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NewsFormer Waitrose boss named chief executive of Pets at Home
Pets at Home has appointed the former managing director of Waitrose as its new chief executive.
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NewsLK Bennett seeks out a buyer
Luxury fashion retailer LK Bennett is looking for a potential buyer and investor six years after being rescued from administration.
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NewsDune trading strongly following ‘painful’ period
Footwear and accessories retailer Dune has reported good trading in the autumn/winter period after a fall in sales and profits in its last financial year.
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NewsWHSmith admits ‘much to do to rebuild confidence’ as profits fall
Travel retail specialist WHSmith has reported a slip in earnings after an accounting controversy in the US that cost its chief executive his job.
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NewsWaterstones’ owner prepares for potential IPO next year
A flotation is on the cards next year for bookseller Waterstones and its US stablemate Barnes & Noble.
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NewsMamas & Papas posts record-breaking Black Friday sales
Early years retailer Mamas & Papas reported record sales during the Black Friday trading period.
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NewsAmazon in talks to invest $10bn in OpenAI
The world’s largest online retailer would reportedly sell the ChatGPT developer chips and computing power as part of the proposed deal
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NewsCurrys grows revenue and profit despite higher UK costs
Currys’ earnings before interest and taxes (EBIT) dropped slightly in the UK, attributed to higher employment costs, but was offset by strong performance in its Nordics business.