Latest finance news – Page 250
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NewsBHS.com hails festive sales spike as momentum grows
BHS.com is toasting festive success after sales surged in the all-important golden quarter.
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NewsAsda claims Christmas supermarket sales crown
New Asda boss Roger Burnley proclaimed victory in the Christmas sales battle, with like-for-likes exceeding those reported by its big four rivals.
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NewsB&M delivers ‘outstanding’ Christmas sales spike
B&M has reported a jump in sales over the golden quarter driven by its rapid bricks-and-mortar expansion and grocery offering.
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NewsFortnum & Mason Christmas sales up despite ‘uncertainty’
Fortnum & Mason has posted strong festive sales rises driven by its travel and ecommerce arms and against a backdrop of “financial uncertainty” for shoppers.
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NewsAgenda: Dunelm, JD Sports, Primark and Bonmarché
Retail Week looks ahead to the next seven days, with updates from Dunelm, JD Sports and Primark on the agenda.
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NewsMaplin seeks funding and rent reductions amid tough trading
Maplin is seeking new investment and aims to slash its rental bill amid tough trading conditions, Retail Week can reveal.
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NewsTesco boss Dave Lewis: Food price inflation ‘abating’
Tesco boss Dave Lewis believes food price inflation will slow down this year as pressures on sourcing costs begin to ease.
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NewsCard Factory: Headwinds to hit full-year profits
Card Factory has warned that continued headwinds and margin pressures will impact its full-year profits.
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NewsBoohoo sales soar helped by record Black Friday
Boohoo doubled sales growth in its latest quarter as the fashion etailer celebrated its most successful Black Friday period to date.
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NewsFootasylum Christmas sales jump in maiden update
Footasylum has reported a leap in festive sales in its debut stock market update driven by its online arm.
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NewsGame stems decay with positive festive update
Game’s sales jumped during the golden quarter as it capitalised on high demand for new games consoles and “appealing” game releases.
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NewsHouse of Fraser posts Christmas sales slump
House of Fraser boss Alex Williamson dubbed the retailer “a business in transition” as its Christmas sales declined.
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NewsTesco sales climb over Christmas and third quarter
Tesco has registered a jump in sales during the crucial golden quarter, driven by its fresh food proposition.
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NewsAO.com delivers sales rise over Christmas peak
AO.com reported double-digit sales growth in the UK across the vital golden quarter spanning Black Friday and Christmas.
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NewsM&S festive quarter like-for-likes decline
M&S’ like-for-likes dipped across the business in its last quarter with boss Steve Rowe blaming a poor October for the performance.
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NewsJohn Lewis Christmas sales soar but margins suffer
John Lewis and Waitrose have both reported healthy upticks in festive sales bolstered by online but chairman Charlie Mayfield says pressure on margins “intensified”.
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NewsBooker posts festive sales rise in ‘good’ third quarter
Booker has reported an uplift in its Christmas sales amid Tesco’s takeover bid as flagging demand for tobacco failed to offset growth.
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NewsM&S poaches Dixons Carphone finance boss Singer
Marks and Spencer has poached Dixons Carphone’s Humphrey Singer to become its chief finance officer.
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NewsSainsbury’s boss Coupe defends Argos sales slowdown
Sainsbury’s boss Mike Coupe has defended Argos’ festive performance despite suffering a slowdown in sales during the crucial golden quarter.
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NewsShoe Zone full-year profits and sales stumble
Shoe Zone has reported a slip in pre-tax profits in its last financial year as the retailer felt the impact of post-Brexit vote currency fluctuations.