Latest finance news – Page 178
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NewsMatalan Christmas sales edge up despite ‘unprecedented’ uncertainty
Matalan registered an uptick in sales during its peak trading period despite “unprecedented levels of political uncertainty”.
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NewsSosandar to beat full-year sales target after record Christmas
Sosandar, the online womenswear specialist, will beat full-year sales expectations after a strong Christmas performance.
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NewsIntu to raise new equity in battle to repair balance sheet
Retail property giant Intu intends to raise new equity as it seeks to fix its balance sheet.
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NewsBeales collapses into administration
Department store Beales has fallen into administration today after a crunch meeting about the future of the business failed to prevent collapse.
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NewsCentral England Co-op ‘outperforms’ grocery sector as sales rise
Central England Co-op registered an increase in sales during the crucial Christmas trading period.
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NewsSignet Jewelers UK sales fall due to ‘difficult operating environment’
Ernest Jones and H Samuel owner Signet Jewelers sales fell during the golden quarter due to the tough trading environment in the UK.
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NewsFrasers Group set to close six Jack Wills stores
Struggling fashion brand Jack Wills, owned by Mike Ashley’s Frasers Group, is set to shutter more stores.
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NewsSpar posts festive sales rise as it focuses on fresh
Spar has recorded an increase in sales during the crucial Christmas trading period as its focus on availability and fresh categories bore fruit.
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NewsN Brown blames profit warning on ‘highly promotional market’
N Brown has issued a profit warning following tough trading conditions and declining revenue from its financial services arm.
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NewsPrimark steals market share as sales increase
Primark has registered increased sales during the Christmas period as it continues to expand its store footprint.
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NewsMoss Bros sales fall amid ‘challenging’ marketplace
Moss Bros has hailed “good progress” with its strategy despite a fall in sales during the second half of its financial year.
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NewsThe Works profits fall as boss Keaney steps down
The Works posted a fall in half-year profits as it was revealed that chief executive Kevin Keaney is stepping down with immediate effect.
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NewsHalfords maintains profit guidance after ‘solid’ festive sales
Halfords has maintained its full-year profit guidance after clocking up a “solid” sales performance during the golden quarter.
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NewsGoogle acquires retail tech start-up in multimillion-pound deal
Google has acquired a tech start-up that helps local retailers share product inventory online to help consumers discover smaller, local stores on a much bigger scale.
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NewsDobbies sales soar during ‘strong’ Christmas trading period
Dobbies has registered soaring sales and increased like for likes during the crucial golden quarter.
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NewsTravis Perkins names new Wickes chair as demerger progresses
Travis Perkins has appointed a new chair designate of Wickes as part of its ongoing process to demerge the businesses this year.
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NewsBooths Christmas sales rise boosted by own brand
Booths has posted a rise in Christmas sales as the grocery retailer’s like for likes increased, driven by sales of English wine and own-brand party food.
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NewsVery posts Christmas sales rise bolstered by credit offering
Very.co.uk enjoyed a Christmas sales boost, but sister brand Littlewoods hampered parent company The Very Group’s overall festive trading.
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NewsQuiz Christmas sales slump in ‘disappointing’ festive performance
Quiz has posted a fall in sales over the festive period across stores and online against what boss Tarak Ramzan has described as a “challenging” trading backdrop.
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NewsDFS suffers sales fall but reassures on profits
DFS has reported a decline in sales but should hit earnings expectations despite tough trading conditions.