All City & finance articles – Page 36
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NewsB&M has driven profit and sales growth over golden quarter trading period
Value variety retailer B&M has recorded a rise in profit and sales following “disciplined operational execution” over the golden quarter trading period.
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NewsGreggs has surpassed £2bn in sales as it expects to maintain growth in 2025
Food-to-go retailer Greggs has reported it has surpassed £2bn in its full-year trading period, in what its chief executive described as a “another year of good progress”.
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NewsM&S sees ‘another good Christmas’ as investment in quality and value pays off
Marks & Spencer has recorded “another good Christmas” as sales across food, home and beauty rose over the festive period.
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NewsTesco sales jump as boss Murphy hails ‘biggest ever Christmas’
Tesco has delivered a jump in sales as boss Ken Murphy said the grocer’s focus on investing in value, quality and service led to it delivering its “biggest ever Christmas” trading period.
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NewsPrices will be higher in 2025 as Christmas trading fails to meet expectations
Shop prices will increase during the course of 2025 after the key festive trading period failed to meet expectations, according to the British Retail Consortium.
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NewsMamas & Papas to open 20 new international stores after record golden quarter
Mamas & Papas is set to expand its international store footprint after reporting a ‘record golden quarter’ in which it hit a new UK market share peak.
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NewsProCook sales have soared as Black Friday and Christmas campaigns pay off
ProCook has reported a “strong peak trading performance” as its focus on Black Friday and Christmas offers, product ranges and inventory levels paid off.
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NewsTopps Tiles has returned to sales growth as CEO announces retirement
Topps Tiles has reported surging sales during the first quarter as the search for a new chief executive begins to succeed long-serving boss Rob Parker.
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NewsSeasalt has posted ‘impressive’ sales growth but warns of Budget pressures
Cornish clothing brand Seasalt has recorded “impressive sales” over the festive trading period, with online, stores, wholesale and marketplace partner sales all increasing.
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NewsBrompton boss says bike industry ‘in turmoil’ as profits nearly wiped out
The chief executive of Brompton has said the industry is “in turmoil” and predicted that 2025 will be another tough year after profits nosedived.
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NewsThe Perfume Shop has seen a ‘successful’ Christmas trading period
The Perfume Shop has recorded another successful Christmas as 2 million bottles of perfume were sold between November 28 and December 24.
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NewsLidl celebrates its ‘most successful Christmas yet’
Discount supermarket Lidl has recorded its “most successful Christmas yet” as year-on-year sales and turnover increased.
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NewsIssa brothers are considering a multibillion US listing for their forecourt empire
The Issa brothers are looking at a potential £13bn US listing for their petrol station empire, EG Group, despite the business originating in the UK.
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FeatureBuyouts and boardroom bust-ups: the stories that rocked retail in 2024
Retail looks back at 2024. From political upheavals to well-known high street brands collapsing into administration, the year was also marked by the return of iconic brand promises and a few heavyweight city clashes.
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NewsQuiz is quitting the stock exchange to cut costs
Fashion retailer Quiz intends to cancel its listing on the AIM stock market and operate as a private company instead.
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NewsBoohoo has strengthened its balance sheet with office sale
Fashion retailer Boohoo has sold its office in London, helping the retailer to bolster its balance sheet.
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NewsBoohoo shareholders have given a slap in the face to Frasers Group
Attempts by Frasers Group to install founder Mike Ahsley on the board of online fashion specialist Boohoo have been rebuffed.
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NewsN Brown has received the green light to be taken private
Fashion retailer N Brown has received approval today for the business to be acquired and taken private by one of its non-executive directors and shareholders.
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NewsNetwork Rail retail sales have jumped ahead of Christmas rush
Network Rail Property saw a double-digit uplift in retail sales across its 19 managed stations over the summer ahead of the Christmas peak.
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NewsNike is vowing to ‘return sport to the centre of everything we do’ as sales fall
Nike’s new boss has pledged to act fast to restore the trainer brand and retail giant’s fortunes as he reported a quarterly sales fall.