All City & finance articles – Page 368
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AnalysisIn the news: Tesco's new finance boss Alan Stewart
The departure of Marks & Spencer finance supremo Alan Stewart looks as if it came as unpleasant surprise to the food and fashion giant.
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AnalysisSuperGroup's full-year results: What the analysts say
SuperGroup has posted full-year pre-tax profits up 18.8% to £62m. Retail Week takes a look at what the analysts say about the fashion retailer.
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NewsMarks & Spencer chief finance officer Alan Stewart to join Tesco
Marks & Spencer chief finance officer Alan Stewart is stepping down from the retailer to join Tesco.
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OpinionComment: M&S fall in online sales highlights the risks of replatforming
The hostile reaction to M&S’s disclosure of an 8% decline in online sales, following the launch of its new website, is a timely reminder of the risks involved in major replatforming programmes.
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NewsBurberry warns foreign exchange rates could hit profits
Luxury brand Burberry has warned that volatile exchange rates could hit full year profits as it revealed a quarterly sales rise.
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NewsHalfords sales up 7.9% as Tour de France gives cycling a boost
Halfords revealed group revenue increased 7.9% in its first quarter as cycling sales were boosted by interest in the Tour de France.
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NewsPrimark sales rise 22% in third quarter as new stores boost growth
Primark posted a 22% sales surge in its third quarter to June 21, driven by new stores and like-for-like growth.
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NewsSuperGroup records 'solid' full-year performance as it eyes European expansion
SuperGroup delivered a “solid” full-year performance and plans to drive further growth through European expansion.
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NewsMothercare appoints Mark Newton-Jones as permanent chief executive
Mothercare has appointed interim boss Mark Newton-Jones as its permanent chief executive.
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OpinionComment: Retailers underwhelmed by ‘business-friendly’ government
Last week Labour wheeled out its creaky ‘business-friendly’ bandwagon ahead of next year’s election campaign.
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NewsHMV reveals UK sales of £470m in first year out of administration
HMV has reported UK sales of $804m (£470m) in its first full year since being bought out of administration.
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NewsBreakfast briefing: Retail news on Kiddicare, Sunday trading and Mothercare
Retail news round-up on July 10, 2014: Sainsbury’s unsupportive of relaxing Sunday trading rules, Endless close to buying Kiddicare
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OpinionComment: Sainsbury’s Justin King succeeded by listening to customers
Sainsbury’s CEO Justin King was able to rekindle the retailer’s core values by putting customers back at the heart of company strategy.
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NewsTed Baker appoints finance director Lindsay Page as chief operating officer
Ted Baker has appointed long-serving group finance director Lindsay Page as its chief operating officer.
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AnalysisLive blog: Sainsbury's AGM 2014
Keep track of events at Sainsbury’s AGM today, with live comments from Retail Week’s deputy editor Jen Creevy.
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NewsThorntons full year retail like-for-likes rise 1.1%
Chocolatier Thorntons retail like-for-likes increased 1.1% in its full year but fell 3.9% in its fourth quarter.
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OpinionComment: Now is the time to commit to business rates reform
If a week is a long time in politics, then 24 weeks – the period that has passed since we published The Road to Reform – must be the retailer’s equivalent of an aeon.
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OpinionComment: When will Marks & Spencer fire on all cylinders?
If it’s not one thing it seems to be another at Marks & Spencer.
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NewsLive blog: Marks & Spencer AGM 2014
Keep track of events at Marks & Spencer’s AGM today, with live comments from Retail Week’s executive editor George MacDonald.
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NewsMarks & Spencer benefits from focus on full-price fashion sales
Reduced promotions and a customer shift towards ‘better’ and ‘best’ product helped Marks & Spencer make progress in the key clothing category in the first quarter.