Latest finance news – Page 489
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NewsBeaverbrooks: Online investment boosts sales figures
The jeweller’s investment in online has helped its figures shine once again.
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NewsGrocers battle for frozen food market share
A fight for frozen food spend has broken out in the grocery sector as supermarkets launch a flurry of deals and specialist Iceland gains market share.
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NewsNew Look to grow online business and roll out store revamp
Value fashion retailer New Look aims to double its online business within two years as it seeks ways of boosting turnover beyond its 600 store portfolio.
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NewsAsos sales up as international powers growth
Etail fashion giant Asos sales increased 34% in its fourth quarter with international sales driving much of the growth.
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NewsRecession sparks fears for retail recovery
Retailers fear further slump in consumer confidence as the UK plunges back into recession.
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NewsUniqlo set to return to profit in 2013 despite widening losses
Uniqlo aims to return to profitability next year after posting widening losses in the year to August 31, 2011.
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NewsSports Direct reports strong spring sales
Sports Direct has recorded a 13.2% uplift in total sales to £267.6m.
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NewsRobert Dyas denies R Capital is among potential buyers
Hardware and homewares retailer Robert Dyas has denied reports that Little Chef owner R Capital is among potential buyers for the business.
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NewsPrimark profit growth to accelerate
Value fashion giant Primark expects accelerated profit growth as cotton prices fall and new space is added.
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NewsCarpetright issues another profit warning as bed sales disappoint
Floorings giant Carpetright has issued another profit warning after sales in its beds business and in Europe disappointed.
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NewsAllied Carpets bought in pre-pack administration deal
Allied Carpets has been bought in a pre-pack administration deal by a company associated with Floors-2-Go.
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NewsRobert Dyas eyed by Little Chef owner R Capital
R Capital, owner of Little Chef, is thought to be in the running to buy hardware and homewares chain Robert Dyas.
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NewsAurora: Focusing on growth
The fashion group is driving success by focusing on multichannel and overseas growth.
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NewsLandlords slam "underhand practice” of pre-pack administrations
Landlords have slammed the “growing underhand practice” of insolvency practices such as pre-pack administrations that they say siphons “tens of millions of pounds out of pensioners’ savings into the pockets of private investors profiting from retail failure”.
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NewsSuperGroup's value destroyed after shock profit warning
Fashion retailer SuperGroup has issued a shock profit warning after uncovering maths errors in its forecasting.
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NewsEllie Louise acquired out of administration
Ellie Louise has been bought out of administration by Liric Limited.
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NewsDebenhams first half pretax profit exceeds expecations
Debenhams first half pretax profit has exceeded expectations, increasing 1.4% to £127.1m as its strategy to push international and multichannel drove growth.
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NewsWHSmith records 3% profit rise as like-for-likes slip
WHSmith recorded a 3% rise in trading profits to £74m but like-for-like sales fell 5%.
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NewsFirst round bids for Aquascutum due next week
First-round bids for collapsed luxury fashion brand Aquascutum are expected towards the end of next week, Retail Week has learned.
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NewsMothercare’s Calver to drive online growth
Struggling maternity retailer Mothercare is relying on its new boss, former Amazon executive Simon Calver, to turn around its ailing online business as it seeks to emulate the etail giant in the face of
falling sales.