All City & finance articles – Page 327
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NewsMountain Warehouse profits surge as cycling and ecommerce business booms
Mountain Warehouse sales and profits for the year have surged as it benefits from the cycling craze and its rapidly expanding ecommerce business.
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NewsGeneral election result dents consumer confidence in May
Consumer confidence fell in May, with a survey suggesting it could have been hit by the election of a Conservative government.
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NewsSports Direct reveals company profits ahead of expectations
Sports Direct owner Mike Ashley said the business’s performance is running ahead of expectations, at the retailer’s AGM yesterday.
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NewsFindel to keep hold of Kitbag business as it decides not to sell
Home shopping group Findel has decided not to sell its sports retail business Kitbag following a strategic review.
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NewsInfographic: Sunny weather hits bank holiday footfall at John Lewis
John Lewis sales dipped over the bank holiday as consumers basked in the sun, but Waitrose benefited from perfect picnic weather.
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VideoThe Retail Week: Mothercare results, new store Tapi and Amazon's sales
Content editor Nicola Harrison and executive editor George MacDonald discuss the top stories from the past seven days.
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AnalysisKingfisher's sales and profits edge up: What the analysts say
Kingfisher’s profits edged up in its first quarter despite the retailer being hit by currency fluctuations. Here is what the analysts say.
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NewsApplegreen seeks £50m from float as convenience battle hots up
Petrol forecourt retailer Applegreen aims to raise £50m from a float as convenience food market competition intensifies.
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NewsScrewfix boosts Kingfisher but profits dampened by currency woes
Kingfisher’s boss said it has made a “solid” start to the year helped by a 15.4% jump in like-for-likes at its Screwfix business.
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NewsUniqlo swings to profit in Europe after UK and France merger
Uniqlo has swung to a profit in Europe for the year after a merger of its UK and French operations helped it double sales.
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NewsAhold first-quarter revenues drop as price war takes toll on margins
Dutch grocery giant Ahold reported a drop in revenues during its first quarter as cut-price deals took their toll on profit margins.
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NewsCard Factory first-quarter sales climb 7.5% as new stores drive trade
Card Factory has reported that its first-quarter sales rose 7.5%, helped by the roll-out of new stores and online growth.
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NewsTiger continues rapid expansion as parent Zebra's profits soar
Zebra, the owner of value retailer Tiger, recorded a 68% jump in pre-tax profits to 196m krone (£18.6m), driven by rapid expansion.
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VideoWatch: The Booker Group – from ships to shops in 60 seconds
The Booker Group has purchased Budgens and Londis. Retail Week takes a look at how the business arrived at where it is today.
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InterviewInterview: Ann Summers boss on turning the business back to profitability
Ann Summers chief executive Jacqueline Gold reveals how she is bringing the sex toy and lingerie business back into the black.
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OpinionBooker’s Wilson ups convenience retail ante with Londis and Budgens deal
When Charles Wilson left Marks & Spencer to join Booker as chief executive in 2005, many observers’ eyebrows leaped in surprise.
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AnalysisAnalysis: What does the UK's drop into deflation mean for retailers?
Britain has fallen into deflation for the first time in more than half a century, driven by falling fuel costs and the grocery price war.
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NewsMoss Bros like-for-likes jump 7.4% as ecommerce momentum continues
Formalwear retailer Moss Bros has reported a 7.4% jump in like-for-likes as bosses remain “confident” of hitting targets.
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VideoThe Retail Week: M&S results, Asda Q1 and Kingfisher with Tony Shiret
Content editor Nicola Harrison sits down with Besi senior analyst Tony Shiret to discuss the top stories from the past seven days.
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NewsMothercare boss warns it's still "early days" as turnaround takes shape
Mark Newton-Jones has admitted it has been a “hell of a year” and is still “early days” as he bids to turn around the buggy and babywear retailer.