Latest finance news – Page 424
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NewsBreakfast briefing: Retail news on M and M and Tesco
Retail news round-up on March 19, 2014: Clothing etailer M and M Direct for sale for £80m; Tesco loses market share in Ireland
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NewsTesco shares downgraded as grocery sector strife continues
Tesco has been downgraded to a ‘Sell’ by one of its longest-standing fans in the City as the grocery sector comes under pressure.
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News2,700 Pets at Home employees take shares in newly-listed retailer
Some 2,700 Pets at Home employees snapped up shares in the business, as it floated on the stock market this week.
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NewsAsos boss expects Russia to become more difficult amid Eastern Europe troubles
Asos boss Nick Robertson said he expects Russia to become more difficult to trade in as the troubles in Eastern Europe continue.
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NewsAsos warns on margins as it ramps up investment in supply chain and IT
Fashion etail giant Asos has reported retail sales up 26% to £136.7m but has warned on margins as it increases investment.
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NewsAnn Summers puts underwear brand Knickerbox up for sale
Ann Summers has hired KPMG to sell underwear brand Knickerbox with supermarkets and department stores leading the chase to buy the business.
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NewsBreakfast briefing: Retail news on Primark, Ann Summers, Tesco, Boohoo, Jimmy Choo and Alibaba
Retail news round-up on March 17, 2014: Primark to pay $!2m in aid to Rana Plaza factory collapse victims, Ann Summers puts Knickerbox up for sale, Tesco starts delivering pizzas from south London store and more.
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NewsBoohoo.com makes its stock market debut
Boohoo.com has become the latest retailer to float on the stock exchange this morning dealing in ordinary shares.
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NewsNick Bubb’s verdict: Morrisons - from dividends to discounters
Morrisons’ beleaguered management is focused on one D, the discounters, but shareholders are focused on another - the dividend.
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NewsRetail Week Live: Kiddicare founder speaks out on day Morrisons puts business up for sale
Kiddicare founder Scott Weavers-Wright speaks out on the day Morrisons puts the business up for sale.
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NewsHome Retail to exceed profit expectations as Argos and Homebase sales rise
Argos and Homebase like-for-like sales surged in the eight weeks to March 1 as it expects full-year profits to be ahead of expectations.
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NewsJack Wills to hire former trade minister Lord Davies as chairman
Young fashion retailer Jack Wills is expected to appoint former trade minister Lord Davies as its chairman today (March 13).
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NewsMorrisons reports huge losses as it unveils major restructuring
Morrisons has reported pre-tax losses of £176m as it reveals plans for a major restructuring of the business.
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NewsBreakfast briefing: Retail news on Jack Wills, Ocado and John Lewis
Retail news round-up on March 13, 2014: Jack Wills likely to announce chairman, Ocado founder doubles pay, and John Lewis to open at Heathrow Terminal 2.
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NewsRetail Week Live: Theo Paphitis slams Government's claim it recognises importance of retail
Theo Paphitis, the boss of Ryman and Robert Dyas, has questioned Business Secretary Vince Cable’s claim that retail is integral to the Government.
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NewsRetail Week Live: High street minister insists deferral to revaluation was 'right thing'
High street minister Brandon Lewis insists delaying the business rates revaluation to 2017 was the “right thing to do”.
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NewsRetail Week Live: 'No easy answer on business rates', says Cable
Business Secretary Vince Cable admits there is ‘a sense of unfairness’ between online and physical retailers over business rates.
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NewsRetail Week Live: UK entering sustained phase of growth for successful IPOs
The UK is entering a sustained phase of growth for successful IPOs thanks to a new generation of disruptive retailers.
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NewsFrench Connection turnaround initiatives narrow full-year losses
French Connection has narrowed full-year operating losses to £4.4m from £7.2m the previous year as its turnaround initiatives gained traction.
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NewsPets at Home and Poundland set prices as they list on stock exchange
Pets at Home and Poundland have set the prices for their floats as they have now listed on the London stock exchange.