All City & finance articles – Page 593
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NewsFat Face sales jump
Fat Face has revealed sales soared 19 per cent to £61.7 million in the six months to December 1.
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News
Carpetright: The City View
Founder Lord Harris called off his attempt to take Carpetright private just before Christmas.
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Opinion
Grocers dominate 2007’s risers as all eyes are on January totals
Last year was a tale of two retail sectors. While grocers’ valuations – buoyed by bid speculation – raced ahead of the All Share index, general merchandisers’ stock sank by almost 26 per cent.
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News
Kesa enters exclusive talks to sell BUT
Anglo-French electricals giant Kesa has confirmed that it is in exclusive talks to sell its French furniture and electricals business BUT to a private equity consortium.
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News
Second term for West End BID
Retailers have voted in favour of a second term for the New West End Company, which operates the area's Business Improvement District.
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News
Instore snaps up Ponden Mill stores
Value retailer Instore has bought 33 of the stores that trade as Ponden Mill, the homewares retailer that went into administration last week.
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News
Carpetright sale collapses
The proposed 850 million sale of Carpetright to its founder Lord Harris has fallen victim to the credit crunch.
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News
Retail sales volumes creep up
The volume of retail sales increased 1.1 per cent in the three months to November, according to the Office for National Statistics.
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News
Retail profit warnings soar in 2007
UK retailers have issued a record number of profit warnings this year, fuelling fears of a high street meltdown this Christmas.
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Opinion
Why Landmark is one to watch
Debenhams’ shares may have hit a record low of 75.5p on Monday, but one party sees value in the department store group.
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News
Stead & Simpson up for sale as fears mount over trading
Footwear chain Stead & Simpson has raised a for-sale sign just six months after refinancing, as speculation mounted that it continues to struggle.
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News
Mastercard ordered to axe cross-border charges
Mastercard charges imposed on retailers for consumers’ cross-border card transactions are likely to be abolished following a European Commission ruling this week.
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News
CBI survey reveals slow high street sales
Sales for the first half of December were the slowest on the high street for over a year.
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News
Landmark acquires 7% stake in Debenhams
Middle Eastern retail giant Landmark has taken a 7 per cent stake in UK department store chain Debenhams through investment vehicle Milestone, raising speculation that a bid for the UK store group may be in the offing.
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News
Baugur poised to make a move on Debenhams next year
Baugur is expected to launch a bid for Debenhams in partnership with an overseas department store business early next year.
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News
Baugur poised to make a move on Debenhams next year
Baugur is expected to launch a bid for Debenhams in partnership with an overseas department store business early next year.
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News
Arrogant Cat to expand shop base in retail push
Arrogant Cat has earmarked 5 million to quadruple its UK store numbers and kick off international expansion. expand shop base in retail push
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News
Duke Street Capital buys Original Factory Shop
Value store group Original Factory Shop has been sold to private equity giant Duke Street Capital for 68.5 million.
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AnalysisHome shopping sector at home with consumer credit
Credit crunch? What credit crunch? As the consumer debt squeeze takes its toll on the UK retail industry, the home shopping sector is continuing to reap the benefits of credit.
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News
Elvi owners rebuff fire-sale talk as it seeks buy-out or investors
Plus-size fashion retailer Elvi is pursuing a sale or new investment little more than a year after being acquired by Langholm Capital for 10 million.