ConnexionSainsbury’s festive grocery sales sparkle but non-food arm and Argos struggle
The UK’s second largest supermarket chain posted a 5.1% rise in total grocery sales over the six weeks to January 3.
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Sainsbury’s festive grocery sales sparkle but non-food arm and Argos struggle
The UK’s second largest supermarket chain posted a 5.1% rise in total grocery sales over the six weeks to January 3.
Tesco boss lends weight to calls for business rates support for pubs
Chief executive Ken Murphy has urged the Government to completely overhaul the business rates system, which be branded ‘fundamentally unfair’.
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Tesco hails highest market share for more than a decade as festive sales rise
The group increased its share of the market to 28.7% in the three months to December 28.
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Primark owner warns over profits after disappointing festive sales
The figures come amid a group-wide review at Associated British Foods that could see Primark spun off with a separate stock market listing.
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Tesco hails highest market share for more than a decade as festive sales rise
The group increased its share of the market to 28.7% in the three months to December 28.
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Warner Bros tells investors to reject sweetened £80bn Paramount bid
Paramount updated its offer late last month with a £30 billion ‘irrevocable personal guarantee’ from Oracle founder Larry Ellison.
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Two former Carillion finance directors fined by FCA over misleading statements
The Financial Conduct Authority said it had fined Richard Adam and Zafar Khan £232,800 and £138,900 respectively.
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Oil prices drop as Trump vows to seize up to 50m barrels of Venezuelan crude
Brent crude dropped below 60 US dollars a barrel after the US leader said Venezuela would turn over oil worth close to £1.5 billion.
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Topps Tiles set for ‘another year of progress’ as sales continue to grow
The Leicestershire-based tile chain posted a 2% rise in like-for-like sales for the Topps Tiles brand in its first quarter to December 27.
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Next delivers latest profit outlook hike after festive trading boost
The retailer said sales growth is set to slow in the new financial year ahead.
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Mecca Bingo owner Rank sees boss retire after nearly eight years at the helm
Chief executive John O’Reilly will step down on January 29 and be replaced on an interim basis by chief financial officer Richard Harris.
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Burger King UK’s owner agrees proposed deal to buy Interpath
Private equity firm HIG Capital is selling Interpath five years after it bought the former restructuring arm of KPMG.
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How Aldi defied the odds to report a £1.65bn Christmas sales boost
The discount supermarket said sales jumped by more than 5% in run up to Christmas
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Supermarket giants and high street stalwarts to reveal festive figures
Tesco and Sainsbury’s will report updates after a hard-fought Christmas in the sector, while Next, M&S and Greggs will also give their verdict.
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Supermarket sees ‘record-breaking’ Christmas sales with over 50 million shoppers
The German-owned group generated more than £1.1bn in turnover in the lead up to Christmas Eve
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