Latest finance news – Page 417
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NewsBreakfast briefing: Retail news on B&M Bargains, Boots, Tesco, Iceland and more
Retail news round-up on May 16, 2014: B&M set to announce plans for £2bn IPO, Boots UK staff miss out on bonus, Tesco to pilot high-speed checkouts, Iceland’s Irish store growth stalls,
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NewsAsda boss Clarke: 'We're taking share from the rest of the big four'
Asda boss Andy Clarke has claimed the grocer is stealing share from its rivals while stemming ground lost to the discounters.
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NewsAo.com boots up for World Cup as it kicks off television offer
Ao.com will kick off the fight for football fans’ spend with the launch of its television offer today, in time for the pre-World Cup rush.
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NewsCard Factory sets IPO share price as conditional dealings begin
Card Factory priced its IPO at 225p per share as conditional dealing began in the value greetings cards retailer.
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NewsFrench Connection like-for-likes rise despite scrapping mid-season Sale
French Connection underlying like-for-likes rose 5.6% in its first quarter despite scrapping its mid-season Sale as its turnaround progresses.
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NewsBreakfast briefing: Retail news on Carphone, Dixons, Burberry and more
Retail news round-up on May 15, 2014: Dixons and Carphone confirm merger, Burberry gives Bailey £7.5m golden hello, Ann Summers rolls out click-and-collect and more.
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NewsCarphone Warehouse and electricals giant Dixons unveil merger deal
Mobile phones specialist Carphone Warehouse and electricals giant Dixons have unveiled terms of a merger to create a £4bn technology retail giant.
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NewsSports Direct eyes fitness market as it plans 30 gym acquisition
Sports Direct is set to acquire the leases of around 30 LA Fitness gyms as founder Mike Ashley makes a play for the fitness market.
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NewsBRC joins forces with manufacturers to strengthen business rates fight
The British Retail Consortium (BRC) has joined forces with other industries to tackle the issue of burdensome business rates.
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NewsCard Factory lowers IPO guidance to 225-240 pence per share
Card Factory is understood to have lowered the price guidance on its IPO offering to 225-240 pence per share, with the book due to close today.
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NewsBidders including Hilco, Jon Moulton and Endless eye Kiddicare
Bidders circling Morrisons-owned maternity specialist Kiddicare are understood to include City financier Jon Moulton and investment firms Hilco, R Capital and Endless.
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NewsCarphone Warehouse Dixons merger deal expected this week
Carphone Warehouse and Dixons are expected to reveal a £3.6bn merger deal on Thursday, to become the UK’s biggest electronics retailer.
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NewsWiggle weighs up future options with advisers as it eyes IPO
Cycling etailer Wiggle is looking at a potential flotation on the stock market with advisers at investment bank Rothschild.
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NewsMusgrave Group posts 16% fall in pre-tax profits
Musgrave Group has posted a 16% fall in pre-tax profits and warned that challenging trading conditions have led to a €131m asset write-down.
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NewsMidcounties Co-op boss hits back at Myners over 'personal' criticism
The boss of the UK’s biggest independent co-operative has hit back at Lord Myners over his attack on him and other Co-op board members.
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NewsMorrisons boss: 'Investors will hold our feet to the fire over strategy'
Morrisons boss Dalton Philips insisted his plan has the backing of investors but said they would “hold our feet to the fire” over its execution.
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NewsSupergroup like-for-likes down and full-year profits may suffer
Supergroup retail like-for-likes fell 3.1% in its fourth quarter as it revealed it is likely to post full-year profit at the lower end of expectations.
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NewsMorrisons blames competitive market for first quarter sales fall
Morrisons like-for-like sales excluding fuel slumped 7.1% in its first quarter due to the “continued” competitive market.
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NewsPoundland full-year sales near £1bn mark as they grow 13.3%
Poundland has revealed sales of almost £1bn in its full-year update, which jumped 13.3% to £997.8m, as it plans new store openings.
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NewsBreakfast briefing: Retail news on the Co-op, John Lewis and Ocado
Retail news round-up on May 8, 2014: Banks ready £300m to back Co-op Pharmacy sale, John Lewis teams up with LG to make own brand smart TV and Ocado investors vote against remuneration policy