All City & finance articles – Page 376
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AnalysisAnalysis: Dixons Carphone plugs in to the connected consumer
Electricals group Dixons and mobile specialist Carphone Warehouse have officially flicked the switch on their retail merger.
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NewsGame confident on profit forecasts as full-year sales surge 30%
Game’s sales jumped 30% in the 52 weeks to July 26 and the retailer expects to hit profit forecasts.
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OpinionComment: Tesco margin reset must be on the cards as food sales fall
Grocers still have a long hard road to travel before there’s peace in their troubled aisles, the BRC July sales figures showed.
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NewsNew Look quarterly profits surge as full-price sales increase
New Look reported a surge in profits in its first quarter as the retailer increased the amount of full-price sales it made on last year.
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NewsShort-sellers target Sainsbury's as Tesco margin reset expected
Short-sellers are targeting grocer Sainsbury’s amid fears that Dave Lewis, the new boss of rival Tesco, will reset margins when he arrives.
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NewsDixons Carphone unveils combined stores on day one of merger
Dixons and Carphone Warehouse made their merger retail reality overnight by opening Carphone shop-in-shops in Currys and PC World stores on the first formal day of the tie-up.
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NewsCard Factory like-for-likes jump 2.6% in half year
Card Factory like-for-likes jumped 2.6% in its half year and it has set new store openings and market share growth in its sights.
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NewsFat Face chief financial officer departs following aborted IPO
Fashion retailer Fat Face’s chief financial officer Helen Cowing has left the business following its aborted IPO.
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OpinionComment: P&G’s brand cull holds lessons for the big grocers
The appointment of Dave Lewis as chief executive of Tesco prompted discussion about what the established grocers might learn from FMCG businesses as they square up against the discounters.
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NewsNick Bubb’s verdict: Waitrose - wake up and smell the coffee?
The mighty Waitrose PR machine suffered a couple of jolts last week with some unhelpful headlines, but is anything really amiss?
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NewsFormer Halfords boss reportedly in running for Morrisons top job
Former Halfords boss Ian McLeod is said to be on a list of people incoming Morrisons chairman Andy Higginson is considering as a replacement for chief executive Dalton Philips.
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NewsCo-op sells farming business for £249m to focus on retail business
The Co-op is selling its farming business for £249m to the Wellcome Trust as it seeks to focus on its core retail and consumer services.
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NewsOffice is believed to be preparing for stock market flotation in 2015
Office is believed to be preparing for a stock market flotation of the business that would value the company at £300m.
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NewsHomebase circled by turnaround firms Apollo and OpCapita
Homebase has attracted the interest of turnaround investors Apollo and OpCapita, who are understood to be working on a takeover bid.
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NewsBreakfast briefing: Retail news on Homebase, Office and Industrie
Retail news round-up on August 1, 2014: Turnaround firms circle Homebase, Sir Terry Leahy invests in tech start-up, Office eyes flotation and more.
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OpinionComment: Low levels of profit warnings are testament to restructures' success
An unusually low level of profit warnings among retailers makes interesting reading as warnings across all companies hit three-year high.
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NewsBonmarché like-for-likes up as summer ranges and warm weather boosts sales
Value fashion retailer Bonmarché has reported a 13.5% surge in like-for-likes in the 13 weeks to June 28.
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NewsInfographic: Pets at Home expansion plans for 2015
Pets at Home has unveiled its expansion plans for next year after posting a like-for-like sales increase of 4.1% for its first quarter.
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InterviewQ&A: Pets at Home chief executive Nick Wood on its sales growth
Pets at Home reported a like-for-likes increase after strong performance from its loyalty programme. We speak to chief executive Nick Wood.
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News
Wickes turns to branded products as it eyes store estate expansion
DIY retailer Wickes is doubling the number of branded products it sells in response to customer demand as it eyes further store openings.