Latest finance news – Page 338
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NewsMySale posts first-half profit as improvements to business take hold
MySale, the fashion etailer, has posted an improved first-half performance as strategic initiatives bore fruit.
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NewsMcColl's focuses on enhancing offer as like-for-like sales fall
Convenience store group McColl’s managed to nudge up profits last year, despite reporting a fall in like-for-like sales.
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NewsBreakfast briefing: Retail news on Sports Direct and Poundstretcher
Retail news round-up on March 1, 2016: Sports Direct looks interested in Clerys and Poundstretcher faces lawsuit for selling fake shampoo bottles.
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NewsBreakfast briefing: Retail news on Sunday trading, Sainsbury's and more
Retail news round-up on February 29, 2016: Churches against extension of Sunday trading hours and Sainsbury's mulls higher bid for Argos.
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NewsGap’s sales and profits tumble over Christmas and full year
Fashion retailer Gap has posted declines in both its profits and sales for its full year, after being plagued by below-par product.
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NewsTK Maxx parent TJX reports profits and sales up over full year
TK Maxx owner TJX has posted rising sales and profits over its full year as the US retailer “gains market share around the world”.
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NewsSports Direct ups credit facility and halts borrowing from Mike Ashley
Sports Direct has increased its revolving credit facility with banks to £788m after “unjustified criticism” over loans from owner Mike Ashley.
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NewsConsumer confidence dips as concerns surrounding the UK economy rise
Consumer confidence dropped in February as customers’ outlook on the general economic situation suffered a sharp decline.
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NewsAgenda: MySale interims and Wickes owner Travis Perkins full-years
Retail Week looks ahead to next week with MySale’s interim results and full-year figures from Wickes owner Travis Perkins on the agenda.
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NewsBreakfast briefing: Retail news on Asda and consumer confidence
Retail news round-up on February 26, 2016: Asda announces return of permanent collection points for food banks and consumer sentiment falls to zero in February.
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NewsMobile sales exceed desktop purchases for first time ever
Online sales via mobile devices surpassed those made from computers in the fourth quarter of 2015/16, research by IMRG has revealed.
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NewsThe Hut Group boosts beauty presence with haircare brand deal
The Hut Group has boosted its presence in the beauty market by acquiring haircare brand Grow Gorgeous, according to reports.
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NewsBreakfast briefing: Retail news on Hut Group and Amazon
Retail news round-up on February 24, 2016: The Hut Group snaps up haircare brand Grow Gorgeous, and Amazon starts selling own-label fashion brands.
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NewsEx-Asda boss Andy Bond advising Steinhoff over Home Retail bid
Former Asda boss Andy Bond is believed to be advising retail giant Steinhoff on its bid for Home Retail Group.
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NewsBreakfast briefing: Retail news on Burberry and SuperValu
Retail news round-up on February 23, 2016: Burberry unveils patchwork coats for women at London Fashion week and SuperValu reports €2.6bn in annual sales.
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NewsSainsbury's handed extension in battle for Argos owner Home Retail
Sainsbury’s has been granted an extension to its looming deadline to table a firm bid for Home Retail Group, which owns Argos.
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NewsWhole Foods swings to profit in UK but warns of future 'uncertainties'
Whole Foods has swung to full-year profit but warned of “uncertainties” surrounding its future growth prospects in the UK.
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NewsSainsbury's to seek extension from Takeover Panel in Home Retail bid
Sainsbury’s is poised to ask for an extension to tomorrow’s cutoff to make a bid for Home Retail Group, following Steinhoff’s rival offer.
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NewsNordstrom fourth-quarter profits dented following heavy discounting
Nordstrom has suffered a steep drop in fourth-quarter profits after heavy discounting took its toll on the US retailer’s bottom line.
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NewsJoules looks poised for £150m stock market listing this spring
Joules, the fashion retailer famous for its colourful clothes, is eyeing an IPO that could value the business at about £150m.