Latest finance news – Page 584
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NewsMatalan’s ‘fruity’ £1.5bn asking price puts off potential buyers
Hopes of selling Matalan are likely to be dashed unless the reported asking price is cut.
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NewsGap sales improve for Christmas
Gap enjoyed a stronger Christmas this year with group like-for-like sales ahead 2% in the five weeks to January 2 compared to a drop of 14% for December 2008.
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NewsChristmas sales success for New Look
New Look, the value fashion group which is considering an IPO this year, has reported a strong Christmas performance.
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NewsJD Sports festive like-for-likes up 6.6%
JD Sports Fashion has reported group like-for-like sales for the five weeks to January 2 up 6.6%.
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NewsSainsbury's reports record Christmas
Sainsbury’s has reported a record Christmas performance, delivering like-for-like sales for its third quarter up 3.7% excluding petrol.
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NewsBest ever Christmas for Cash Generator
Buy, sell and loan store Cash Generator has unveiled record trading over Christmas.
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NewsMerry Christmas for Foyles
Sales rose sharply at independent book retailer Foyles over the Christmas period.
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NewsRecord Christmas for Republic
Young fashion chain Republic has reported a record Christmas with like-for-like sales up 11% in the eight weeks to January 4.
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NewsMajestic Wine festive like-for-likes up 11.7%
Wine specialist Majestic has reported like-for-like UK sales were up 11.7% over the festive period.
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NewsMarks & Spencer celebrates ‘good’ Christmas
Marks & Spencer has hailed Christmas trading a success after posting 0.8% like-for-like sales growth over the festive period but warned that prospects remain uncertain.
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NewsShop prices rise in December
Shop inflation rose sharply in December to 2.2%, from 0.2% in November, according to the BRC Nielsen Shop Price Index.
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NewsBooths reports 8.4% festive uplift
Regional grocer Booths has reported a 8.4% uplift in sales for the 12 trading days of Christmas and New Year, and like-for-like sales up by 2.5%.
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NewsSupergroup enjoys record Christmas
Supergroup, the young fashion retailer which owns the Superdry brand and Cult chain, scored a record Christmas with like-for-like sales up 29% in the five weeks to January 3.
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Fortnum & Mason December like-for-likes soar
Fortnum & Mason, the luxury department store, said that like-for-like sales rose more than 10% in the first three weeks of December.
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NewsLinks reveals record 2009
Jewellery retailer Links has revealed a record trading result for 2009.
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NewsShop Direct reports festive total sales up 6.3%
Home shopping retailer Shop Direct Group reported total sales up 6.3% for the six weeks ended January 1.
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NewsNext exceeds Christmas expectations
Stronger than expected Christmas sales rounded off a strong second half for Next with like-for-like sales in the 22 weeks to Christmas Eve up 3.2%.
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NewsOriginal Factory Shop reports record Christmas
Value department store chain Original Factory Shop has reported record sales over the Christmas period, with a year-on-year sales lift of 48.3%.
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NewsJohn Lewis reports bumper Christmas trading
John Lewis has delivered a bumper Christmas trading update, with like-for-like sales up 12.7% in the five weeks to January 2.
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NewsRetailers prepare to update on Christmas trading
Retailers including John Lewis, M&S, Next, Sainsbury’s, JD Sports Fashion are to reveal key Christmas trading updates this week which will be seen as key indicators to how successful the festive period was for the retail sector.