All articles by Luke Tugby – Page 45
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NewsMajestic Wine name to disappear in business shake-up
Majestic Wine is to close retail stores and sell off assets as part of a radical transformation plan designed to focus on its Naked Wines business.
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NewsSports Direct slams Debenhams over rejected Magasin bid
Sports Direct has hit out at Debenhams’ board for rejecting its £100m offer for Magasin Du Nord and for failing to engage in discussions with the business.
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NewsSainsbury’s-Asda CMA probe flawed, say economists
The competition watchdog’s investigation into the proposed merger between Sainsbury’s and Asda was flawed, according to a group of economists.
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NewsSainsbury's-Asda offer to sell 150 supermarkets
Sainsbury’s and Asda have offered to sell up to 150 supermarkets in a bid to convince competition authorities to agree to their £13bn mega-merger.
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AnalysisAnalysis: Who could replace Laury as Kingfisher CEO?
As Kingfisher boss Véronique Laury prepares to stand down, we look at the runners and riders to succeed her at the helm of the DIY giant.
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NewsNew Look hires ex-House of Fraser boss Nigel Oddy
Former House of Fraser and The Range boss Nigel Oddy is to join New Look as chief operating officer.
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NewsUpdate: Battle for Debenhams heats up
Debenhams has secured a £200m funding injection as the business battles to secure its future amid the overtures of Sports Direct.
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NewsOffice Outlet collapse puts 1,200 jobs at risk
Office Outlet, the stationery chain formerly known as Staples, has tumbled into administration just two years after its rebrand.
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NewsSainsbury's-Asda vow to invest £1bn in price to woo CMA
Sainsbury’s and Asda have pledged to plough £1bn into price and establish a profit cap on fuel if their landmark £13bn merger is given the green light.
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VideoWatch: Is Mike Ashley Debenhams' only hope?
Mike Ashley is attempting to seize control of Debenhams. The team cuts through the noise to ask whether he represents its best chance of success.
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NewsDFS profits spike amid ‘solid’ sales performance
DFS has posted a surge in profits and sales as its acquisition of Sofology swelled its half-year figures.
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NewsSports Direct offers Debenhams £150m loan lifeline
Sports Direct has offered to bail out Debenhams with a £150m loan in exchange for additional equity in the business.
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NewsRetail welcomes MPs' vote to reject no-deal Brexit
Retail bodies have hailed MPs’ decision to reject a no-deal Brexit as “an encouraging first step” – but urged Government to find a new solution “very quickly”.
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OpinionOpinion: Should Morrisons make a move for McColl’s?
Morrisons’ impressive turnaround under the stewardship of David Potts and Trevor Strain gathered further momentum today as it unveiled its full-year results.
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NewsMorrisons' Potts shrugs off potential no-deal Brexit tariffs
Morrisons boss David Potts has shrugged off the potential introduction of no-deal Brexit tariffs and vowed to shield shoppers from price rises.
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NewsQuiz slashes profit guidance as sales slide
Quiz has launched a review of its business after slashing its full-year profit forecast for the third time in just six months.
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NewsData: Amazon Prime membership hits 15 million in UK
The number of British shoppers signed up to Amazon’s Prime subscription service has hit 15 million, new research has revealed.
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NewsJack Wills swings to loss amid director exodus
Jack Wills swung to a full-year loss in its latest financial year as it battled to compete in a “highly competitive” clothing market.
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NewsSports Direct lodges £139m bid for Findel
Sports Direct has made a takeover bid for online retailer Findel, valuing the business at just under £140m.
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VideoWatch: Is M&S-Ocado deal transformation or desperation?
Marks & Spencer and Ocado have joined forces on a £1.5bn online grocery venture – but does the move represent true transformation or an act of desperation?