Latest finance news – Page 404
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NewsBreakfast briefing: Retail news on footfall, Amazon, Furniture Village and East
Retail news round-up on August 26, 2014: Footfall plunges over rainy Bank Holiday, Furniture Village gets £6m investment, Amazon acquires gaming firm and more.
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NewsInfographic: John Lewis sales surge 13.4% helped by 'good retailing weather'
Department store John Lewis sales surged 13.4% to £74.5m last week helped by “good retailing weather” as its second half gains momentum.
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NewsEBay mulls spin-off of payments firm PayPal next year
Ecommerce giant eBay is mulling a spin-off of its online payments business PayPal as early as next year, according to reports.
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NewsBurberry boss Christopher Bailey sells more than £5m of company's shares
Burberry chief executive Christopher Bailey has pocketed more than £5m from selling shares in the luxury retailer yesterday.
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NewsBreakfast briefing: Retail news on Burberry, eBay, Co-op and Gap
Retail news round-up on August 22, 2014: Burberry boss cashes in £5.19m in share sale, eBay eyes PayPal sale, Co-op Bank shareholders call for speedier overhaul and Gap targets India.
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NewsWHSmith to hit year-end expectations as it delivers 'good performance'
WHSmith expects to hit year-end market forecasts as its travel and high street businesses deliver “good performances”.
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NewsThe Works owners explore strategic options as sales surge
The Works owners, private equity firm Endless and retail entrepreneur Anthony Solomon, are thought to be exploring options for exiting the discount retailer.
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NewsHobbs' unpopular product changes lead to spiralling losses
The unpopular changes Hobbs made to last autumn’s collection led to losses spiralling in its full year, but it feels confident its product “refocus” will improve performance.
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NewsDFS acquires furniture brand Dwell to attract 'young urban shoppers'
Sofa giant DFS has acquired furniture retailer Dwell in full to attract “younger, more urban customers” who it hasn’t traditionally targeted.
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NewsBreakfast briefing: Retail news on Shop Direct, Harris + Hoole and inflation
Retail news round-up on August 20, 2014: Shop Direct to release transactional apps; British inflation down and Harris + Hoole close coffee shops.
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NewsHeavy fashion discounting slows July consumer price growth
Consumer price inflation slowed at a sharper-than-expected rate to 1.6% in July driven by a significant drop in clothing prices.
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NewsBusiness rates appeals to cost Government £4.2bn according to the DCLG
Business rates appeals are expected to cost the Government £4.2bn according to new data from the Department for Communities and Local Government.
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NewsBreakfast briefing: Retail news on footfall, Morrisons and business rates
Retail news round-up on August 18, 2014: Footfall drops 0.6% in July, Morrisons extends opening hours across half its estate, Business rates appeals to cost £4.2bn.
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NewsInfographic: John Lewis sales jump 6.1% in face of hurricane Bertha
John Lewis sales increased 6.1% to £69m for the week to August 9 as consumers battled hurricane Bertha to go shopping or turned to online.
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NewsToys R Us records fourth consecutive fall in UK profits
Toys R Us has recorded a fourth consecutive profit drop in the UK as pre-tax profits for the year ending February 1, 2014 fell 24% to £4.55m.
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NewsBreakfast briefing: Retail news on Toys R Us, Asda and John Lewis
Retail news round-up on August 15, 2014:Toys R Us profits fall for fourth consecutive year, Asda boss Andy Clarke predicts Christmas growth and John Lewis Partnership beats Bertha and capitalises on Bake Off return.
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NewsGame confident on profit forecasts as full-year sales surge 30%
Game’s sales jumped 30% in the 52 weeks to July 26 and the retailer expects to hit profit forecasts.
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NewsDixons’ investor relations boss David Lloyd-Seed motors away
Dixons’ David Lloyd-Seed has left after ten years, having seen the retailer’s Russian roulette and Carphone Warehouse merger.
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NewsNew Look quarterly profits surge as full-price sales increase
New Look reported a surge in profits in its first quarter as the retailer increased the amount of full-price sales it made on last year.
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NewsShort-sellers target Sainsbury's as Tesco margin reset expected
Short-sellers are targeting grocer Sainsbury’s amid fears that Dave Lewis, the new boss of rival Tesco, will reset margins when he arrives.