Latest finance news – Page 225
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NewsAgenda: The Budget, Next and consumer confidence
Retail Week looks ahead to the next seven days with the Budget, a Next trading statement and the latest consumer confidence data all on the agenda.
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NewsAmazon third quarter profits rocket as sales surge
Amazon has posted a surge in third quarter profits but delivered a muted festive sales forecast.
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NewsDebenhams suffers biggest ever loss, plans 50 closures
Debenhams has slumped to its biggest ever statutory loss and revealed it is to accelerate store closures in a bid to transform its fortunes.
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NewsSchuh profits slip after ‘lacklustre’ Christmas
Schuh has suffered a drop in full-year profits after it slashed prices to compete in what it called an “overtly promotional retail environment”.
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NewsDr Martens kicks up full-year profits as sales surge
Dr Martens has posted a stomping set of full-year results spurred by strong sales in what chief executive Kenny Wilson heralded as a “fantastic year”.
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NewsHome Bargains profits soar as sales surpass £2bn
Home Bargains has recorded a spike in full-year profits as it plots an aggressive store expansion drive.
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NewsZara UK profits rocket as shoppers flock to Spanish giant
Zara’s UK arm has reported soaring profits and sales as shoppers flocked to the fast-fashion giant.
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NewsAgenda: Debenhams and Travis Perkins update the market
Retail Week looks ahead to the next seven days with updates from Debenhams and Travis Perkins on the agenda.
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NewsIntu mulls potential bid from Whittaker-led consortium
Property giant Intu is considering a preliminary takeover offer from a consortium formed by Saudi Arabian and Canadian investors and led by John Whittaker.
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NewsOasis and Warehouse dealt credit insurance blow
Oasis and Warehouse have suffered a fresh blow after a clutch of credit insurers stopped offering cover to their suppliers.
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NewsGovernment hammers retail with £180m rate hike
Retail faces “yet another eye-watering rise in business rates” following the publication of September’s inflation figures.
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Asos profits soar as customer numbers rise
Asos has reported a 28% increase in full-year profits to £102m in “a year of substantial progress”.
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NewsSainsbury's-Asda: CMA to consider Aldi and Lidl impact
The competition watchdog will consider the impact Aldi and Lidl have had on the UK grocery market during its probe of the proposed Sainsbury’s-Asda merger.
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NewsFootasylum staggers to half-year loss as sales rise
Footasylum has recorded a pre-tax loss at the half-year mark in what executive chairman Barry Bown described as “a difficult trading period”.
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NewsAccessories specialist Claire’s considers CVA
Claire’s, the accessories specialist with about 350 shops, is understood to be pondering a CVA.
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NewsSears files for bankruptcy as debt pile mounts
Sears has filed for bankruptcy protection after buckling under the weight of falling sales and a $134m (£102.1m) debt payment.
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NewsSuperdry warns on profit amid ‘unseasonably’ hot weather
Superdry has warned that sluggish demand for its autumn and winter ranges is expected to “adversely impact” its bottom line.
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NewsBooths hails 'progress' as full-year losses narrow
Booths has narrowed its losses as the retailer’s bosses ramp up plans to “transform the business”.
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NewsAgenda: Asos, Footasylum, Gear4Music and grocery sales
Retail Week looks ahead to the next seven days with updates from Asos, Footasylum and Gear4Music, plus the latest grocery sales data, all on the agenda.
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NewsHamleys plunges to £12m loss as sales fall
Hamleys has swung to a full-year loss in what chief executive Ralph Cunningham described as “one of the most challenging years in UK retail history”.