All City & finance articles – Page 7
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NewsDobbies optimistic on turnaround prospects as restructuring costs hit earnings
Garden centre group Dobbies has posted steeper storical losses but bosses are pleased by the early results of a revival plan.
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NewsFrasers call for suspension of Boohoo founder and investigation into loan claims
Tycoon Mike Ashley’s Frasers Group has demanded the suspension of Boohoo founder and executive vice-chair Mahmud Kamani and a probe into allegations about loans to suppliers.
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AnalysisMad for it: How Oasis’ reunion has delivered a £1bn boost for the high street
Oasis’ long-awaited reunion tour has been a golden boost for the UK’s otherwise struggling high streets and city centres. Retail Week crunches the numbers to see how the band has boosted footfall and spend.
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NewsShoe Zone blames Budget as it halves profit guidance
High street retailer Shoe Zone has halved its profit guidance as it has been experiencing tough trading since the Budget.
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NewsWaterstones secures £125m in new funding to support growth plans
Waterstones has secured £125m in new funding facilities, which it said is designed to support the company’s ongoing financing needs and future growth.
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Opinion‘As it wins approval for restructuring, River Island still faces fundamental questions’
Any restructuring of River Island will only be a small step towards recovery. The retailer needs to find its sense of purpose, believes George MacDonald
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NewsRiver Island secures lifeline after High Court approves restructuring plan
River Island has successfully secured High Court approval for its restructuring plan, providing a crucial lifeline for the embattled chain as it works to transform its business model.
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AnalysisTariffs set to cost UK non-food retailers £618.5m
The tariffs are also driving 76% of UK retail exporters to diversify beyond the US, according to research by Retail Economics and ecommerce firm ESW
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NewsGrocery takes a bigger share of Deliveroo transactions
The on-demand delivery app said grocery represented 18%, or £682m, of group gross transaction value (GTV) in the first half of 2025, up from 15% during the same period in 2024.
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NewsClaire’s files for bankruptcy for the second time
The fashion accessories chain, based in the US, has struggled to find a buyer for its 280 UK stores according to reports.
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NewsZalando raises guidance following About You acquisition
German ecommerce fashion retailer Zalando has raised its full-year profit guidance after a strong second quarter that included the completion of its acquisition of About You.
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NewsAdanola sells minority stake to American-based private equity firm
Adanola has sold a minority stake to a Los Angeles-based private equity firm which focuses on “growth and long-term value creation”.
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NewsTHG issues profit warning as it sells nutrition product supplier
THG has warned on profits for the first half of the year, at the same time as announcing it has divested one of its nutrition suppliers after receiving a “highly competitive offer”.
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Opinion‘Now’s the right time to assess the potential for retail M&A’
The current environment presents a unique opportunity for astute buyers of businesses, maintains PwC’s Lisa Hooker
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NewsMorrisons credits focus on availability and value for profits surge
Morrisons has credited its return to profits due to its “significant focus” on improved availability and value.
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Opinion‘Unemployment fears could weigh on consumers’ minds even more than price rises’
A cautionary comment from fashion powerhouse Next that rising unemployment could be a threat in the months to come will resonate with other retailers, observes Retail Week executive editor George MacDonald
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NewsOutlet Shopping at The O2 sees double-digit sales growth backed by increased footfall
Outlet Shopping at The O2 has recorded a strong sales performance with double-digit growth as the entire scheme saw more visits, Retail Week can reveal.
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NewsRetailers warn Reeves tax increases would raise prices
Some of Britain’s biggest retailers have warned that tax rises in the autumn Budget could trigger higher prices.
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NewsAdidas sees double-digit growth across all channels and markets
Adidas has achieved double-digit growth across all of its channels and markets in the first half of 2025.
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NewsRiver Island vote goes to the wire as retailer bets its survival on High Court judgement
Friday’s vote on River Island’s restructuring plans is likely to go to the wire with disgruntled landlords set to vote against it, although a High Court ‘cramming down’ judgement could yet save the brand