Latest finance news – Page 343
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NewsHome Retail agrees £340m Homebase sale to Australian retailer Wesfarmers
Home Retail has entered into an agreement to sell DIY retailer Homebase to Australian retail group Wesfarmers for £340m.
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NewsBurberry says Christmas trading down because of Paris terrorist attacks
Burberry finance boss Carol Fairweather said lower footfall and sales in France were expected following the attacks in Paris in November.
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NewsAgenda: WHSmith, Pets at Home, N Brown and Halfords updates
Retail Week looks ahead to next week with trading updates from WHSmith, Pets at Home, Halfords and N Brown all on the agenda.
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NewsBonmarché sales stabilise in aftermath of pre-Christmas profit warning
Sales at Bonmarché have returned to “more normal levels” since the retailer issued a profit warning in the run-up to Christmas.
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NewsSir Ian Cheshire: 'I intend to be a fully involved chairman at Debenhams'
Sir Ian Cheshire said he intends to be “fully involved” at Debenhams as he aims to leverage opportunities at the “underappreciated business”.
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NewsHome Retail Group predicts lower annual profits: What the analysts say
Home Retail Group’s trading update revealed a drop in like-for-likes for Argos and growth at Homebase. Here’s the City’s reaction.
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NewsB&M hit by warm weather as third quarter like-for-likes slip
Value retailer B&M has reported a slide in third quarter UK like-for-likes after unseasonal weather and supply chain disruption hit sales.
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NewsBooker Group's third-quarter sales rise boosted by Londis and Budgens
Food wholesaler and retailer Booker has revealed a 10.5% hike in third-quarter sales, boosted by the acquisition of Londis and Budgens.
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NewsWesfarmers plans assault on UK DIY market with Homebase rebrand
Wesfarmers will rebrand Homebase stores to its Bunnings fascia within five years if the deal to acquire the business completes.
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NewsTesco like-for-likes rise over Christmas: What the analysts say
Tesco delivered UK like-for-like growth during Christmas trading as it focused on price and quality. Here’s the City’s reaction.
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NewsFortnum & Mason records best day in its history as Christmas sales surge
Fortnum & Mason has hailed an “impressive” Christmas performance after like-for-likes jumped and it enjoyed the best day in its history.
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NewsMcColl's hails 'strong' sales of Christmas products as like-for-likes dip
McColl’s has reported a 0.7% dip in like-for-likes during the Christmas trading period, boosted by a “strong range” of seasonal products.
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NewsPrimark sales up but unseasonable weather hampers Christmas trading
Primark has reported a healthy sales rise for the last four months of 2015, but margins were hit by the strong US dollar.
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NewsHome Retail warns full-year profits will be at "bottom" range of forecasts
Home Retail has warned full-year profits will be at the lower end of its forecast as like-for-like sales fell 2.2% at Argos.
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NewsBreakfast briefing: Retail news on Sports Direct and Dunelm
Retail news round-up on January 14, 2016: Crispin Odey ups his holding in Sports Direct to more than 5%, and Dunelm chief denies interest in acquiring Homebase.
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NewsWhite Stuff delivers strong Christmas like-for-likes and online growth
White Stuff reported strong Christmas trading online and in-store as like-for-likes jumped 11% alongside a sharp increase in online sales.
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NewsAnalysis: The detail behind Sainsbury's interest in Home Retail Group
Sainsbury’s has revealed more detail as the grocer puts forward its case to acquire Argos and Homebase owner Home Retail Group.
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NewsSports Direct takes stakes in US firms Iconix and Dick’s Sporting Goods
Mike Ashley-owned Sports Direct has revealed it has taken an 11.5% stake in US sports firm Iconix and a 2.3% stake in Dick’s Sporting Goods.
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NewsGame sales slide over Christmas but claims trends are improving
Game Digital has reported a slide in sales over the Christmas period but the retailer claimed trends are improving in the market.
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NewsDunelm like-for-likes down 0.8% as home delivery soars
Dunelm has reported a 0.8% drop in like-for-likes for the 13 weeks to January 2, and results including the 53rd week of the last financial year.