Latest finance news – Page 228
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NewsCarrefour denies making Casino merger approach
Carrefour has refuted claims from French grocery rival Casino that it approached the business over a possible tie-up.
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NewsRiver Island profits decline as it invests in strategy
River Island’s profits fell last year as the business ploughed investment into keeping up with “evolving consumer habits and expectations”.
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NewsNext, Boohoo, Hotel Chocolat, Card Factory and Halfords
Retail Week looks ahead to the next seven days, with updates from Next, Boohoo, Hotel Chocolat, Card Factory and Halfords.
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Central England Co-op posts first-half profits rise
Central England Co-op has reported first-half trading profit up by £1m to £12.9m despite tough trading conditions.
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NewsEvans Cycles seeks buyer to fund rescue bid
Evans Cycles has put itself up for sale and is seeking fresh funding to secure its future.
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NewsMoss Bros swings to red in volatile first half
Menswear retailer Moss Bros swung into the red in what chief executive Brian Brick said was the “most volatile” first half trading for many years.
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NewsFrench Connection 'on track' to achieve profitability
French Connection is “on track” to achieve profitability by the end of the year, according to founder, chairman and chief executive Stephen Marks.
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NewsHarvey Nichols EBITDA rockets amid Knightsbridge refurb
Harvey Nichols has reported a doubling of EBITDA and rising sales following a complete refurbishment of its Knightbridge store.
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NewsKingfisher profits crash as UK like for likes dial back
Kingfisher has reported a drop in interim profits with chief executive Vèronique Laury blaming the French market for its woes.
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NewsShop Direct swings to loss as Birch takes reins
Shop Direct has swung to a loss in its first results under new chief executive Henry Birch.
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NewsSports Direct could block Debenhams’ Magasin du Nord sale
Sports Direct owner Mike Ashley is threatening to derail Debenhams’ £200m sale of its Magasin du Nord business, according to reports.
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NewsAgenda: Kingfisher, Shop Direct and French Connection
Retail Week looks ahead to the next seven days, with updates from Kingfisher, Shop Direct and French Connection in the diary.
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NewsCo-op buys healthcare tech start-up as profits climb
The Co-op has posted a jump in profitability during the first half of its financial year and confirmed the acquisition of healthcare tech start-up Dimec.
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NewsMorrisons sales up as second quarter hits nine-year high
Morrisons’ like for likes rose over its half year with the grocer reporting its best second quarter in nearly a decade.
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NewsJohn Lewis profits crash 99% despite sales rise
John Lewis Partnership’s profits have crashed 98.8% despite rising sales in the “most promotional market in almost a decade”.
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NewsDunelm posts profits fall after ‘complicated’ year
Dunelm has reported a fall in full-year profits as the integration of the Worldstores business took a toll.
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NewsJD Sports plans to take gym chain 'nationwide'
JD Sports finance boss Brian Small says the retailer has lofty ambitions expand its 20-strong chain of gyms, which he describes as the retailer’s “secret weapon”.
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NewsDebenhams chairman Cheshire slams speculation 'circus'
Debenhams chairman Sir Ian Cheshire has hit out at “nosy neighbours” who he says have created a “circus” of speculation regarding its future.
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NewsJD Sports streaks ahead with 'record' profits and sales
JD Sports recorded a spike in interim sales and profits in what boss Peter Cowgill dubbed a “resilient” performance amid “widely reported UK retail challenges”.
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NewsPrimark posts sales rise but like for likes fall
Primark’s full-year sales are expected to be up 5.5% year on year, parent company ABF said in a pre-close update.