Latest finance news – Page 341
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NewsOcado customer service focus helps full-year profits rise
Online grocer Ocado’s pre-tax profits surged 65.3% to £11.9m in the year to November 29, 2015 as its focus on customer service paid off.
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NewsSainsbury’s agrees Home Retail asking price ahead of takeover deadline
Sainsbury’s has reached an agreement with Home Retail over the asking price for the business ahead of this evening’s takeover deadline.
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NewsBreakfast briefing: Retail news on Sainsbury's, Lidl and more
Retail news round-up on February 2, 2016: Sainsbury's close to take control of Home Retail, EasyJet founder opens discount grocery store and Lidl's expansion.
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NewsBargain Booze owner Conviviality posts half-year profits rise
Bargain Booze owner Conviviality’s pre-tax profit before exceptionals edged up 2.8% to £3.3m in its half year, despite a like-for-like decline of 1.3%.
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NewsBiggest Argos shareholder demands £1.4bn from Sainsbury’s
Home Retail’s largest shareholder, Schroders, which owns 20% of the group, has told Sainsbury’s it will have to pay £1.4bn for Argos.
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NewsBreakfast briefing: Retail news on Tesco, Morrisons and Sainsbury's
Retail news round-up on February 1, 2016: Tesco to cut pay rates, Morrisons' food price cuts and Sainsbury's told to up offer value for Home Retail.
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NewsSainsbury's talks to acquire Home Retail Group stall over valuation
Sainsbury’s hopes of acquiring Argos owner Home Retail Group hang in the balance because the retailers cannot agree a price.
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NewsConsumer confidence rises but negativity surrounding UK economy persists
Consumer confidence rose in January as shoppers eyed big purchases despite outlooks on the general economic situation remaining pessimistic.
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NewsFindel warns on profits after tough trading and currency woes
Findel has warned that its full-year profits will be lower than expected after a tough third quarter and the impact of currency movements.
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NewsAmazon misses estimates despite posting most profitable quarter ever
Amazon has swung to a full-year profit driven by its most profitable quarter ever, but the etailer’s earnings failed to impress investors.
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NewsAgenda: Online grocer Ocado to reveal full-year trading figures
Retail Week looks ahead to next week with full-year figures from Ocado and half-year updates from Conviviality and DFS all on the agenda.
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NewsBreakfast briefing: Retail news on Reiss, John Lewis and Amazon
Retail news round-up on January 29, 2016: Reiss seeks minority investor to help fuel international growth and John Lewis picks Cortexica's image recognition software.
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NewsStrong dollar and mild weather dent H&M profits in fourth quarter
H&M has revealed a strong dollar and mild weather affected profits but the fashion giant said it would continue its global store expansion.
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NewsHotel Chocolat swings to profit after sales growth and cost controls
Hotel Chocolat has swung to a full-year profit driven by tighter control of costs and sales growth within its stores and online.
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NewsSainsbury's speaks out over Qataris' stance on Home Retail deal
Sainsbury’s has said its largest shareholder has yet to decide on its position over the grocer’s bid for Home Retail Group.
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NewsBreakfast briefing: Retail news on Amazon, eBay and more
Retail news round-up on January 28, 2016: Amazon to launch its first-ever Super Bowl campaign, eBay profits slip 12% and Ireland calls for independent retail ombudsman.
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NewsSainsbury's set to win Qatari support for last-minute Argos bid
Sainsbury’s is set to gain the support of its largest shareholder, the Qatar Investment Authority, for a renewed bid for Argos.
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NewsBreakfast briefing: Retail news on grocery laws, Sainsbury’s and Tesco
Retail news round-up on January 27, 2016: Irish government to introduce new grocery regulations and Sainsbury’s Qatari owner could support its new bid for Home Retail.
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NewsDixons Carphone reports better than expected Q3: What the analysts say
Dixons Carphone has revealed full year profits will be slightly ahead of expectations due a stronger than expected third quarter. Here’s what the analysts said.
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NewsCard Factory delivers full-year growth: What the analysts say
New stores and a transactional website helped total full-year sales at Card Factory to jump 8.1% to December 31. Here’s the City’s reaction.