All City & finance articles – Page 376
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NewsFat Face abandons float blaming market conditions
Fat Face has abandoned its IPO citing “equity market conditions” as the new retail Stock Exchange market entrants fail to impress.
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NewsB&M Bargains 'to become Dollar General of Europe' as it aims for 900 UK stores
B&M Bargains plans to emulate US value retailer Dollar General as it eyes ambitious growth, starting with a target of 880 stores in the UK.
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NewsB&M Bargains pushes button on IPO as it reveals ambitious growth plans
B&M Bargains has today pushed the button on its IPO as it reveals plans to replicate the success of US value retailer Dollar General.
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NewsHalfords records sales and profits up as three-year strategy gains pace
Halfords’ profits and sales increased in its first full year under chief executive Matt Davies’ three-year plan to create sales of £1bn.
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NewsMothercare full-year pre-tax profits increase as it hits market expectations
Mothercare’s underlying pre-tax profit rose from £5.9m to £9.5m in its full year, hitting market expectations as it continues its UK turnaround.
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OpinionComment: M&S has a long way to go on its journey
Marks & Spencer boss Marc Bolland has stressed the idea that M&S is on a journey as he has fought off criticism of ongoing performance.
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OpinionComment: Consumers will reward ethical retailers
There has been a toxic mixture of corporate, financial and personal failings at the Co-op, but how has the corporate brand suffered?
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NewsBreakfast briefing: Retail news on Fat Face, Halfords, Asos, Tesco, Mothercare and more
Retail news round-up on May 22, 2014: Fat Face scraps IPO, Halfords accused of demanding fees from retal suppliers, Lush voted best retailer, Asos forced to apologise after Jodie Marsh tweet and more
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NewsCarpetright looks forward to 'new era' as Wilf Walsh joins as chief executive
Carpetright group finance director Neil Page said the retailer is poised to welcome a “new era” after overhauling its management team.
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AnalysisCarpetright's management shake up: What the analysts say
Carpetright has appointed Wilf Walsh as its new chief executive, following a management overhaul. Retail Week takes a look at what the analysts say.
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NewsBurberry full-year profits rise as it targets Japanese growth
Burberry’s adjusted pre-tax profit rose 8% to £461m in its full year to March 31 as it targets growth in the Japanese market.
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NewsCarpetright appoints new boss as management team overhauled
Floorcoverings giant Carpetright has overhauled its management team resulting in a new boss being appointed and the exit of founder Lord Harris and two directors.
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NewsBreakfast briefing: Retail news on M&S, Apple, inflation and food waste
Retail news round-up on May 21, 2014: M&S rules out bonuses; inflation grows faster than expected; Apple’s stores lose appeal; £1bn of food wasted.
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NewsMarks & Spencer abandons plans for London Gateway distribution centre
Marks & Spencer has abandoned plans to open a distribution centre at London Gateway, the super-port on the Thames estuary.
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OpinionComment: After years of missing the mark, when will M&S get its clothing right?
Getting clothing right has been the challenge for every new CEO since 1999 when M&S began to lose its dominance of the market, but it always seems to elude them.
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NewsTopps Tiles half-year profits soar helped by improving consumer confidence
Topps Tiles pre-tax profit soared from £4.7m to £8m in its half year to March 29 helped by improving consumer confidence.
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NewsShoe Zone to float on Friday as it confirms share price
Footwear retailer Shoe Zone has priced its shares at 160p, valuing the business at £80m, as it plans to list on AIM on Friday.
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NewsMarks & Spencer general merchandise sales hit by web launch as profits dip
Marks & Spencer full-year pre-tax profit dipped 3.9% and it warned general merchandise sales had faltered in its new financial year.
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NewsClarks posts annual pre-tax profits up 5.5% to £119.8m
Clarks has unveiled a pre-tax profits rise of 5.5% to £119.8m for the year to January 2014, driven by strong back-to-school sales in the UK.
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OpinionComment: Dixons and Carphone Warehouse earn a new lease of life
Dixons and Carphone Warehouse last week announced a merger deal to create Dixons Carphone, estimated to be worth £3.8 billion.