Latest finance news – Page 427
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NewsPrimark eyes further European expansion as French debut impresses
Primark is eyeing further European expansion as its French debut gets off to a flying start.
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NewsEcommera attracts £25 million funding from investors including WPP
Software-as-a-service and big data company eCommera has secured £25 million in Series C funding from investors including advertising giant WPP.
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NewsRepublic stores in jeopardy as Sports Direct seeks further rent reductions
Sports Direct is asking for further concessions from landlords of its Republic stores, putting the future of some of its shops in doubt, Retail Week has learned.
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NewsTesco to further scale back new space growth
Tesco will today outline plans to cut back its investment in new space to no more than £2.5bn a year for the next three years.
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NewsBoohoo set to hire former Asos director Peter Williams as chairman
Fashion etailer Boohoo.com is set to hire former Asos non-executive director Peter Williams as its chairman as it finalises plans for its £500m float.
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NewsSir Terry Leahy urges Government to scrap out-of-date business rates system
Sir Terry Leahy, the former Tesco boss, has called for business rates to be reformed and “probably scrapped” and said the system “has not worked for years”.
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NewsMcColl's valued at £200m on stock market debut
Convenience store group McColl’s was valued at £200m as it listed on the Stock Exchange today.
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NewsBreakfast briefing: Retail news on business rates, Tesco, Argento, LK Bennett
Retail news round-up on February 25, 2014: Sir Terry Leahy calls for business rates system to be scrapped, Tesco to accelerate turnaround strategy, Argento to open new stores and LK Bennett boss leaves
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NewsUnited Carpets confident on outlook as like-for-likes rise 5.4%
United Carpets has reported a 5.4% increase in like-for-like sales in the 21 weeks of its second half to date.
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NewsDixons and Carphone Warehouse in merger talks
Electricals market leader Dixons and mobile technology specialist Carphone Warehouse have revealed they are in merger talks.
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NewsVariety retailers including Poundland more than fill the gap left by Woolies
Variety retailers more than fill the gap left by Woolies…….and more shop openings are planned as single-price retailer Poundland gears up for float.
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NewsInternacionale poised to enter administration with 1,500 jobs at risk
Fashion retailer Internacionale is poised to appoint administrators to the loss-making business with 1,500 job losses expected.
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NewsPrimark first-half like-for-like sales rise 4%
Like-for-like sales at Primark rose 4% in the first half buoyed by a strong performance at Christmas when its novelty jumpers flew off the shelves.
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NewsTesco mulls Turkish partnership as it focuses on UK turnaround
Tesco is mulling a partnership with a local player in Turkey to lessen its exposure in the market as it concentrates on turning around its UK business.
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NewsDFS invests in furniture brand Dwell
DFS has struck a partnership with furniture brand Dwell that involves the sofa giant providing financial support to the retailer.
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NewsMorrisons family in talks with banks on private equity financing deal
Morrisons family members are working with bankers on a debt financing package worth up to £5bn to back a potential sale of the grocer to private equity firms.
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NewsAo.com to be "significantly oversubscribed" as book-building kicks off tomorrow
Etailer Ao.com expects to be “significantly oversubscribed” as book-building on the offer is scheduled to begin in earnest tomorrow.
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NewsPets at Home's 'staff culture comes first' says boss Nick Wood
Pets at Home chief executive Nick Wood said ensuring a good culture among colleagues is a priority as the pets specialist offers staff the chance to buy shares in the business when it floats.
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NewsH Samuel owner Signet snaps up US jewellery giant Zale for $1.4bn
H Samuel owner Signet has bought US jewellery giant Zale Corporation for $1.4bn.
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NewsPets at Home confirms its intention to float
Pets at Home has confirmed its intention to float as it revealed sales surged 11.7% in the 40 weeks to January 2.