All City & finance articles – Page 320
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NewsFerrero extends offer deadline to remaining Thorntons shareholders
Ferrero has extended the deadline for Thorntons’ remaining shareholders to accept its offer for a second time as the Italian chocolate maker bids to take full control of the UK firm.
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VideoThe Retail Week: CMA pricing report, Apple Pay and Matalan's bath venture
Executive editor George MacDonald and reporter Luke Tugby give their insights into the week’s biggest retail stories.
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NewsSports Direct 'confident' over future deals despite House of Fraser miss
Sports Direct’s boss Dave Forsey has said the group is still active in the acquisitions market despite missing out on deals in the last year.
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AnalysisDixons Carphone pre-tax profits rise 21%: What the analysts say
Dixons Carphone delivered “excellent” performance in its first full year as a merged business as sales and profits rose. This is what the analysts said.
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NewsSports Direct reports profits rise but cuts bonus scheme EBITDA target
Sports Direct underlying pre-tax profit surged 20.5% to £300.3m in its full year to April 2 but it has cut its bonus scheme EBITDA target.
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AnalysisHalfords first-quarter update: What the analysts say
Like-for-likes at Halfords notched up 3.5% for the first quarter, helped by sales of premium bikes. Here is what the analysts say.
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NewsHalfords' first-quarter revenues boosted by premium bike sales
Halfords has reported a 3.5% rise in first-quarter group like-for-likes driven by sales of premium bikes and its cycle repair services.
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NewsBurberry posts retail sales rise, but warns of 'challenging' luxury market
Burberry has reported underlying retail sales rose 8% to £407m during its first quarter, but warned the trading environment “remains challenging”.
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VideoWatch: Did retail sales rise or fall in June? Why BRC and BDO’s figures differ
Your questions answered on why there are contrasting reports from the BRC and BDO on June’s retail sales reports.
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NewsMatalan calls time on Sporting Pro as Dave Whelan circles stores
Matalan is scrapping its sports fascia Sporting Pro and is in advanced talks to sell some of the stores to Dave Whelan’s DW Sports.
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NewsComment: Might Barclays come knocking on the door of Tesco’s Benny Higgins?
Following the ousting of Barclays boss Antony Jenkins, people-watchers believe Tesco’s Benny Higgins may feature on the bank’s list of replacements.
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NewsFerrero's £112m takeover of Thorntons on the verge of completion
Ferrero’s takeover of Thorntons is on the verge of completion after the retailer’s shareholders agreed to sell almost 80% of shares.
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NewsDeadline nears for Thorntons shareholders to decide on £112m Ferrero bid
Thorntons shareholders will this week decide whether to accept a £112m takeover bid from confectionery business firm Ferrero.
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NewsBargain Booze owner Conviviality's full-year profits rise 4.4% to £9.7m
Bargain Booze owner Conviviality Retail has reported a 4.4% jump in pre-tax profits to £9.7m, despite a fall in like-for-like sales over the year.
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NewsMaplin incoming boss reveals plans to open up to 30 stores
Maplin is targeting between 20 and 30 sites across the UK, the incoming chief executive of the electricals specialist has revealed.
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NewsN Brown to cut jobs as part of move to 'digital-first' approach
N Brown is offering its workforce the chance to apply for voluntarily redundancy, but only a “small percentage” of staff are expected to leave.
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NewsReiss founder mulls selling minority stake to fund overseas expansion
The founder of fashion retailer Reiss is considering offloading a stake in the business to outside investors for the first time in its history.
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VideoThe Retail Week: Budget bombshell, living wage, Sunday trading and M&S
Content editor Nicola Harrison talks to Peel Hunt retail analyst John Stevenson about the Budget and this week’s retail news.
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NewsConviviality Retail in talks to acquire drinks supplier Matthew Clark
Bargain Booze and Wine Rack owner Conviviality Retail has revealed it is in talks to acquire drinks supplier Matthew Clark Holdings.
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NewsSuperGroup profits and Chinese expansion: What the analysts say
SuperGroup has reported a rise in full-year profits and unveiled plans to expand into China. This is what the analysts said.