Latest finance news – Page 227
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NewsTesco 'delighted' with sales and profits boost
Tesco has reported a rise in first-half profits and sales as it made progress against its strategic objectives.
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NewsScS hails business 'resilience' as profits rise
ScS has hailed its “increased resilience” to “challenging” trading conditions after posting an increase in full-year profitability.
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NewsSports Direct boss Ashley fires House of Fraser top brass
Sports Direct tycoon Mike Ashley has fired department store group House of Fraser’s management.
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NewsWiggleCRC profits climb after year of investment
WiggleCRC has recorded a rise in interim profits which boss Will Kernan attributed to “a reset of the business model” in 2017.
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NewsHarrods profits jump despite heavy investment
Harrods’ profits and sales rose over its past year as the luxury department store attracted millennial consumers through its doors.
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NewsUK could tackle Amazon and global giants in new tax
Britain could “go it alone” with a new scheme designed to tackle tax avoidance by Amazon and other digital global giants.
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NewsSelfridges reports rise in sales and profits
Selfridges has posted a record operating profit of £181m for its last financial year, when sales climbed 11.5% to £1.75bn.
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NewsAldi profits jump as it wins one million new customers
Aldi has posted a jump in full-year profits and pledged to open 130 new stores over the next two years as it presses ahead with its aggressive expansion plans.
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NewsBusiness secretary Greg Clark hints at rates change
Business secretary Greg Clark has hinted that business rates could be set to change, in a move which would provide some relief to a stricken high street.
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NewsOffice chief executive Brian McCluskey retires
Office’s chief executive Brian McCluskey will step down in November after 15 years with the retailer.
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NewsAgenda: Tesco, Aldi, Ted Baker, DFS, ScS and Topps Tiles
Retail Week looks ahead to the next seven days, with updates from Tesco, Aldi, DFS, ScS, Ted Baker and Topps Tiles all on the agenda.
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NewsConsumer confidence dips amid Brexit ‘uncertainty’
Consumer sentiment declined two points in September as confidence about the general economy in the run-up to and wake of Brexit fell.
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NewsSainsbury's-Asda may threaten competition in 460 locations
The proposed merger between Sainsbury’s and Asda could result in a “substantial lessening of competition” in almost 500 locations, the competition watchdog has warned.
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NewsBonmarché warns on profits as store sales slump
Bonmarché has warned that full-year profits would come in below previous expectations following a “downturn in store trading” during its second quarter.
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NewsBoohoo posts profit rise as it wins market share
Fashion etailer Boohoo has reported first-half sales ahead 50% to £395.3m at group level, powering pre-tax profits up 22% to £24.7m.
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NewsLabour pledges action to revive embattled high streets
The Labour Party has unveiled proposals to reinvigorate high streets which have suffered as result of high business costs and the rise of online retail.
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NewsOasis and Warehouse profits boosted by store closures
Oasis and Warehouse Group’s full-year profits have jumped despite what boss Liz Evans described as a “challenging” environment for retail generally.
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NewsHotel Chocolat targets US and Japan as profits jump
Hotel Chocolat will launch its first store in Japan and take a second crack at the US as the business ramps up its overseas push.
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NewsCard Factory profits grow despite ‘challenging’ trading
Card Factory has registered an increase in half-year profits as it grew sales amid what it dubbed a “challenging consumer environment”.
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NewsNext raises profit guidance as interim earnings edge up
Next has increased its profit guidance for the full year after sales and earnings bettered expectations in its first half.