Latest finance news – Page 313
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NewsConsumer confidence grows fastest since 2013 as Brexit jitters ease
Consumer confidence has risen at the fastest month-on-month rate since February 2013, but it has not yet recovered to pre-Brexit levels.
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NewsAgenda: McColl's trading update and Ikea opens at Westfield Stratford
Retail Week looks ahead to the next seven days with a trading update from McColl’s and Ikea’s Westfield Stratford opening both on the agenda.
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NewsBreakfast briefing: Retail News on Burberry, CBI retail sales and more
Retail round-up: Burberry boss offloads shares, August retail sales are best in six months and consumer confidence improves in August
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NewsSports Direct faces fresh pressure as investor group urges review
The Investor Forum has placed fresh pressure on Sports Direct with a call for an independent review of its corporate governance.
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NewsWHSmith profits on track as travel business performs strongly
WHSmith expects its full-year profits to be in line with expectations as it reported a continuing strong performance from its travel business.
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NewsAsda offloads photo business as it sharpens focus on core supermarkets
Asda has sold its loss-making photo business in a £5.35m deal as the grocer increases its focus on its core supermarket operations.
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NewsLondon tourism spend soars post-Brexit vote but long-term picture uncertain
West End income from tourism has soared in the period following the Brexit vote, with American and Chinese visitors the highest contributors.
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NewsJD Sports mulls takeover bid for Go Outdoors to ramp up expansion plans
JD Sports is eyeing a takeover of rival high-street chain Go Outdoors as the retailer presses ahead with its ambitious growth plans.
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NewsDebenhams’ Irish business exits examinership, saving 1,330 jobs
Debenhams’ Irish business has been saved after the High Court approved a restructuring programme that will safeguard 1,330 jobs.
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NewsBreakfast briefing: Retail news on BHS, JD Sports, Hawkin’s Bazaar and more
Retail round-up: JD Sports eyes Go Outdoors’ takeover, Hawkin’s Bazaar to almost double stores, and Debenhams to exit examinership in Ireland.
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NewsGap sales and profits decline as global restructure begins
Fashion retailer Gap has reported falling profits and sales in its second quarter, as it began to “execute restructuring plans”.
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NewsCalls for Theresa May to scrap Osborne's living wage over job cut fears
A leading think-tank has urged Theresa May to ditch the national living wage over fears it will cost thousands of jobs and not cut poverty.
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NewsKingfisher second quarter like-for-likes up driven by B&Q and Screwfix
Kingfisher has posted improved like-for-likes in its second quarter, with growth driven by good performances at its British and Polish arms.
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NewsTJX boosted by value credentials as its raises full-year forecast
TJX, the US-based value retailer, has raised its full-year guidance after a strong second-quarter driven by an increase in customer numbers.
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NewsKaren Millen loses battle to regain the rights to her name for trading
The founder and namesake of Karen Millen has lost a legal battle with her old company to use her name for future business ventures.
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NewsLaura Ashley like-for-likes rise 4.1% while online sales soar
Laura Ashley has reported a healthy rise in full-year like-for-likes as strong furniture sales bolstered the retailer’s underperforming fashion arm.
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NewsInflation hits 20-month high while cost of food falls at slower rate
UK inflation has hit its highest level since November 2014 driven by higher prices for fuel, alcoholic drinks and hotels, latest figures show.
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NewsJohn Lewis sales fall as hot weather sparks 'challenging' week
John Lewis sales dropped last week as the hot weather drove consumers away from shops during a “challenging” period of trading.
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NewsPoundland boss O’Byrne offered £2.7m in shares to stay under Steinhoff
Poundland boss Kevin O’Byrne has been offered a £2.7m share package to remain in charge under the ownership of Steinhoff.
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NewsRetail rich list 2016: The industry’s wealthiest 100
The tills are still jangling merrily for the world’s top retailers. But who has the most? Find out in Retail Week’s top 100 richest retailers.