Latest finance news – Page 261
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NewsThe Hut grows beauty empire with Illamasqua acquisition
The acquisitive Hut Group has added cult cosmetics brand Illamasqua to its fast-growing beauty empire.
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NewsToday in retail: Tesco's triumphant turnaround
Three years since Dave Lewis took the reins at grocery Goliath Tesco, the transformation under his leadership has been nothing short of remarkable.
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NewsMade.com generates maiden UK profits as sales rise
Online furniture retailer Made.com became profitable in the UK last year as its sales “fast approach” the £100m mark.
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NewsClive Black: Tesco is back on its grocery throne
Tesco’s recuperation from the depths of corporate despair has been a time-consuming one.
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NewsTesco's Lewis: We're narrowing price gap to discounters
Tesco boss Dave Lewis insists Britain’s biggest retailer has narrowed the price gap to discount duo Aldi and Lidl, despite the inflationary grocery market.
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NewsTopps Tiles says ‘tougher’ market will hit profits
Topps Tiles full-year profits are expected to come in at the lower end of expectations amid “tougher” market conditions.
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NewsTesco profits rocket as turnaround gathers pace
Tesco has posted surging half-year profits as the retailer clocked up seven consecutive quarters of sales growth in its core UK business.
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NewsShop prices herald imminent return of inflation
Shop prices are “teetering” on the edge of inflation, with deflation at its shallowest in four years.
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NewsScS sidesteps big-ticket slowdown with value credentials
Sofa and carpet specialist ScS issued some reassurance to those operating in the big-ticket sector today.
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NewsScS profits and sales up as it reaches 100th store
Sofa specialist ScS’ profits and sales rose in its full year as it reached the milestone of opening its 100th store.
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NewsShop Direct profit rise boosted by mobile and athleisure
Shop Direct recorded its fifth consecutive year of rising profits and sales as purchases made on smartphones comprised over half of the retailer’s overall sales.
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NewsAngling Direct reels in rival fishing retailer Fosters
Angling Direct has snapped up rival Fosters Fishing as it presses ahead with its ambitious expansion plans.
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NewsBody Shop poaches Charles Tyrwhitt boss for CEO role
The Body Shop has snapped up Charles Tyrwhitt’s chief executive David Boynton to take the helm of its global business.
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NewsSmiggle pens European expansion as global sales rise
Smiggle has hatched plans to expand its European business next year as the UK becomes the kid’s stationery retailer’s largest market.
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NewsConsumer confidence rises as shoppers in defiant mood
Consumer confidence edged up one point to -9 in September as shoppers were in a defiant mood.
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NewsIkea enters gig economy as it acquires TaskRabbit
Ikea has bought odd-jobs firm TaskRabbit, which sends workers to people’s homes to carry out chores such as assembling flat-pack furniture.
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NewsAgenda: Tesco, DFS, SCS and Topps Tiles update the market
Retail Week looks ahead to the next seven days, with financial updates from Tesco, DFS, SCS and Topps Tiles all on the agenda.
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NewsBrightHouse up for sale as it races to refinance bonds
Rent-to-own retailer BrightHouse is up for sale as the business races to refinance £220m of bonds that are due next year.
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NewsToday in retail: Moss Bros suits up for overseas push
After delivering a jump in pre-tax profit at its half-year stage, Moss Bros is in a confident enough mood to step up its overseas plans.
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NewsWiggle losses widen despite climbing sales
Sports etailer Wiggle has posted widening losses in its full-year results despite a sales increase as its Chain Reaction Cycles acquisition punctured its bottom line.