All News articles – Page 289
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NewsTesco raises guidance following 'strong' sales and profit surge
Tesco has raised its full-year profit expectations as boss Ken Murphy said the grocer is “outperforming the market” amid a sales uplift and profit spike.
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NewsScS back in the black after ‘strong recovery’ from the pandemic
Furniture and flooring specialist ScS has hailed a “strong year of recovery” after returning to profitability and reporting soaring sales.
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NewsHotel Chocolat reports soaring sales as online strategy pays off
Hotel Chocolat has reported profit before tax ahead of market expectations and rising sales as its online capital investment strategy helped insulate it from rolling store closures.
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NewsGreggs upgrades profit expectations as sales jump
Food-to-go specialist Greggs has upgraded its full-year outcome as both in-store and online sales jumped in the third quarter despite ongoing supply chain issues.
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NewsMarks & Spencer unveils first new Jaeger collection since acquiring brand
The first Jaeger collection since the brand’s acquisition by Marks & Spencer will go on sale this week.
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NewsBody Shop launches open hiring scheme to bring down barriers to work
The Body Shop has unveiled an open hiring programme designed to bring down employment barriers for marginalised people often excluded from work.
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NewsAsos discloses ethnicity pay gap in fashion retail first
Online fashion giant Asos has published ethnicity pay gap data for the first time, and is thought also to be the first big apparel retailer to do so.
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NewsLeahy returns to grocery as Morrisons board gives green light to CD&R deal
Morrisons’ board has recommended acceptance of private equity group CD&R’s takeover offer, marking a likely return to grocery for former Tesco chief executive Sir Terry Leahy.
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NewsExclusive: Dreams’ profits increase as online sales surge
Beds specialist Dreams reported a surge in underlying profits during the pandemic as online sales picked up the slack from closed stores.
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NewsAO warns supply chain ‘disruption’ will trigger profit decline
AO.com has said that “challenging market dynamics” across the UK and Germany have constrained its sales growth, and that it anticipates a decline in full-year profits as a result.
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NewsSainsbury’s launches Christmas recruitment drive for 22,000 jobs
Sainsbury’s is creating 22,000 new seasonal roles to deal with increased demand in its “biggest ever Christmas recruitment drive”.
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NewsDeliveroo targets rapid grocery market with launch of Hop with Morrisons
Deliveroo has waded into the growing rapid grocery delivery market with the launch of the Hop service with supermarket chain Morrisons.
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NewsH&M profits inch up as pandemic store closures drag on performance
Swedish fashion giant H&M has reported growth in both revenues and profits – but it flagged that international coronavirus restrictions continued to slow its growth.
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NewsBoohoo revenues rise but profits fall as market share in UK and US doubles
Fast-fashion giant Boohoo has seen its profits and sales soar compared to pre-pandemic levels, as its market share in both the UK and the US doubled.
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NewsMorrisons bidders to battle for the retailer in auction this Saturday
The ownership of Morrisons will be decided this Saturday when an auction between rival bidders will be held.
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NewsAldi to launch checkout-free trial in Greenwich store
German discount giant Aldi has chosen a store in Greenwich as the site of its first checkout-free concept trial after reaffirming its bricks-and-mortar growth focus earlier this week.
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NewsQuiz losses deepen as sales plummet due to pandemic store closures
Fashion retailer Quiz has reported deepening losses as rolling store closures due to pandemic restrictions hammered its revenues.
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NewsNext upgrades outlook as profits and sales soar beyond pre-pandemic levels
Next has reported significant increases in both full-price sales and profit before tax compared with 2019 levels and has upgraded its full-year profit guidance.
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NewsAsos to create 200 jobs at new Belfast tech hub
Fashion pureplay Asos plans to open a tech hub in Northern Ireland to support further growth.
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NewsCard Factory cuts losses as it targets omnichannel growth
Card Factory has reported a reduced first-half loss and said a transformation to an omnichannel model is under way.