All City & finance articles – Page 374
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NewsHalfords sales and profits rise in first half as retail strategy kicks in
Halfords’ profit before tax and non-recurring items increased 10.8% to £49.4m in the first half as its retail strategy bore fruit.
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NewsMorrisons 'encouraged by progress' despite 6.3% like-for-like fall
Morrisons’ like-for-likes excluding petrol slumped 6.3% in the 13 weeks to November 2 and total sales excluding fuel were down by 3.6%.
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AnalysisIn the news: John Lewis’s marketing director Craig Inglis profiled
The man responsible for John Lewis’s Christmas campaign had to fight scepticism of marketing at the department store group.
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AnalysisInfographic: Marks & Spencer first half results beat expectations
Marks & Spencer posted better than expected first-half results despite unseasonably warm weather taking a toll on sales at its pivotal clothing division.
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OpinionComment: What do M&S’s results mean for CEO Marc Bolland?
A year ago the Marks & Spencer interims on November 5 were a damp squib, but today the shares have taken off like a rocket.
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NewsMarks & Spencer's first half results: What the analysts say
Marks & Spencer beat expectations as underlying pre-tax profits rose 2.3% to £268m in its first half. Retail Week takes a look at the City’s reactions.
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OpinionComment: As profits rise, M&S may at last be moving in the right direction
There’s not much in retail that’s worse than a minus in front of a sales or profit figure but M&S looks as if it’s going the right way.
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NewsMarks & Spencer first-half results beat expectations
Marks & Spencer has posted better than expected first-half results despite warm autumn weather taking a toll on sales at its pivotal clothing division.
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OpinionComment: What to expect from Sainsbury’s strategic review
Hot on the heels of Netto’s touchdown again in the UK Sainsbury’s, a joint venture partner of the Danish discounter, will update next week.
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NewsPrimark reports profits up 30% and sales growth of 17%
Value fashion chain Primark has reported adjusted operating profit up 30% at constant currencies to £662m and a sales increase of 17%.
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NewsWiggle sales and profits soar following 'fast growth' in Europe
Online cycling retailer Wiggle has recorded a jump in annual sales and profits driven by fast growth across Europe and strong UK performance.
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NewsSelfridges profits hit record £150m on the back of surging sales
Selfridges has revealed record operating profits on the back of surging sales following rapid growth of its international online business.
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NewsIkea sales jump 11.3% as it prepares biggest ever investment in price cuts
Ikea has increased annual sales by 11.3% and unveiled plans for its largest investment into lowering prices.
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NewsTesco eyes partial sale of banking arm as part of £1bn flotation
Tesco is considering the sale of a stake of its banking arm to raise money as it battles to turnaround the business after an accounting scandal.
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NewsPaperchase increases pre-tax profits and turnover as it prepares for sale
Paperchase has increased pre-tax profits for the year to £741,000 on the back of improving turnover as it gears up for a sale.
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AnalysisAnalysis: Best of a bad bunch? Morrisons trumps Tesco according to Moody’s
Tesco and Morrisons are both battling to turn themselves around in the face of an extraordinary structural shift in grocery.
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NewsSuperGroup latest fashion retailer to warn on profits amid warm autumn
SuperGroup has become the latest fashion retailer to issue a profit warning after the unseasonably warm weather in September and October.
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News99p Stores enhances grocery offer as profits rise at the retailer
99p Stores has unveiled rising profits and is preparing to expand its grocery offer in its biggest investment programme.
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NewsHarrods full-year profits rise as it hails 'another record year'
Harrods operating profit jumped 13% to £122.9m in its year to February 1 as sales rose 10.8% to £794m for the luxury department store.
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NewsGem of an idea for as Gerald Ratner is linked to Tesco chairman role
As speculation over who will take over as Tesco chairman reaches fever pitch, one unlikely candidate has emerged.