Latest finance news – Page 342
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NewsCarpetright third-quarter like for likes rise 2.4%: What the analysts say
Floor covering specialist Carpetright saw like-for-likes edge up 2.4% in the UK over its third quarter. Here’s what the analysts said.
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NewsTesco breaches Groceries Code on supplier payments, says grocery watchdog
Tesco has breached the Groceries Code on payment delays and must introduce “significant changes” to its practices and systems.
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NewsCarpetright like-for-likes rise but margins hit by promotions
Carpetright like-for-likes edged up 2.4% in its third quarter, although promotions are set to impact full-year profit margin.
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NewsPretty Green confident of continued growth as international sales take off
Menswear retailer Pretty Green, launched by Liam Gallagher in 2009, has reported strong online and international sales over Christmas.
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NewsKingfisher unveils plan to boost bottom line by £500m a year
DIY group Kingfisher will unveil plans to investors today on how it will add £500m a year to its bottom line in five years’ time.
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NewsOutdoor retailer Mountain Warehouse eyes £200m stock market debut
Mountain Warehouse is mulling a £200m IPO and the outdoor retailer has hired investment banker Rothschild to advise on the process.
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NewsAgenda: Carpetright and Dixons Carphone trading updates
Retail Week looks ahead to next week with trading updates from floorings specialist Carpetright and Dixons Carphone on the agenda.
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NewsBrantano collapses into administration following tough trading
Administrators have been called in to the value shoe shop Brantano three months after it was bought by restructuring firm Alteri Investors.
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NewsHalfords reports flat like-for-likes over Christmas: What the analysts say
Halfords like-for-likes were flat as the retailer’s servicing offer offset the impact of the mild weather. Here’s the City’s reaction.
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NewsHalfords slashes senior management bonuses after weak winter sales
Halfords has revealed it slashed its senior management bonuses in its last quarter after weak sales caused by the mild weather.
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NewsN Brown posts 4.1% jump in like-for-likes as online sales outpace stores
N Brown has reported a 4.1% jump in like-for-likes during the third quarter as online growth outstripped its bricks-and-mortar performance.
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NewsHalfords reports flat third-quarter like-for-likes as cycling business grows
Halfords has posted flat retail like-for-likes in its third-quarter as sales of bikes and cycle repairs offset a dip in parts, accessories and clothing.
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NewsPets at Home Christmas like-for-likes rise: What the analysts say
Pets at Home’s Christmas likes-for-likes are up 2.2% and it is piloting a new format called Whiskers ‘n Paws. Here’s the City’s reaction.
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NewsWHSmith like-for-likes rise over Christmas: What the analysts say
WHSmith reported a 2% like-for-like rise over Christmas and expects growth to be “slightly ahead” for the year. Here’s the City’s reaction.
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NewsPets at Home eyes high streets with convenience spin-off Whiskers 'n Paws
Pets at Home’s new Whiskers ‘n Paws format is “potentially important”, according to its boss, as it eyes a bigger presence on high streets.
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NewsInflation rises to 11-month high but food prices remain at record low
Inflation reached its highest level for almost a year in December despite food prices remaining at a record low during the month.
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NewsZalando sales slow in fourth quarter as warm weather dents performance
Online fashion retailer Zalando’s sales growth slowed during its fourth quarter, but bosses hailed continued “strong” performance.
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NewsNext admits Companies Act infringement over dividend payments
Next has admitted a technical infringement of the Companies Act after a “procedural oversight” over the payment of special dividends.
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NewsScS raises full-year profits forecast after strong Christmas and January Sales
Furniture and floorings specialist ScS has raised its full-year profits forecast after strong trading over the festive period and January Sales.
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NewsMySale back in the black after southeast Asia sales boost
Flash-Sales etailer MySale is back in the black in its first half after being boosted by strong trading in southeast Asia.