Retail Stocks

FTSE 100 edges up, midcaps hit by bleak U.S. tech results

  • February 03, 2023 10:53 AM GMT | Reuters
 FTSE 100 edges up, midcaps hit by bleak U.S. tech results

(Reuters) - UK's blue-chip index edged higher on Friday, boosted by gains in oil major Shell and retailer B&M European, while midcaps slid as U.S. tech majors' downbeat results offset optimism over

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Amazon's outlook disappoints as customer budgets stay tight

Amazon's outlook disappoints as customer budgets stay tight

  • February 02, 2023 10:51 PM GMT | Reuters

(Adds CFO, analyst comments on severance charges, consumer sentiment, cloud) By Jeffrey Dastin and Tiyashi Datta Feb 2 (Reuters) - Amazon.com Inc on Thursday said its operating profit could fall to

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REFILE-JD Sports' new CEO Schultz lays out growth plans

REFILE-JD Sports' new CEO Schultz lays out growth plans

  • February 02, 2023 06:28 PM GMT | Reuters

(Adds dropped words "on average" in paragraph 10) * New CEO sees capex of 3 bln stg over five years * To open 250-350 new stores per year * Sees annual revenue growth at more than 10% * Shares jump 8%

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Not clear that interest rates have peaked -BoE's Broadbent

Not clear that interest rates have peaked -BoE's Broadbent

  • February 02, 2023 01:04 PM GMT | Reuters

LONDON (Reuters) - The Bank of England's interest rate-setters remain "watchful" as it is not clear if interest rates in Britain have reached a peak, deputy governor Ben Broadbent said on Thursday. "

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Costcutter owner Bestway raises Sainsbury's stake to 4.47%

Costcutter owner Bestway raises Sainsbury's stake to 4.47%

  • February 01, 2023 12:31 PM GMT | Reuters

* Bestway declared 3.45% holding on Friday * Has said may raise stake but not planning takeover offer (Adds detail, shares) LONDON, Feb 1 (Reuters) - Retail and wholesale group Bestway, the owner of

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Costcutter owner Bestway raises Sainsbury's stake to 4.47%

Costcutter owner Bestway raises Sainsbury's stake to 4.47%

  • February 01, 2023 10:27 AM GMT | Reuters

LONDON (Reuters) - Retail group Bestway, the owner of Costcutter, has raised its stake in British supermarket group Sainsbury's to 4.47%, according to a regulatory filing published on Wednesday. Last

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Costcutter owner Bestway raises Sainsbury's stake to 4.47%

Costcutter owner Bestway raises Sainsbury's stake to 4.47%

  • February 01, 2023 10:27 AM GMT | Reuters

* Bestway declared 3.45% holding on Friday * Has said may raise stake but not planning takeover offer (Adds Bestway decline to comment) LONDON, Feb 1 (Reuters) - Retail group Bestway, the owner of

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Britain's Tesco buys Paperchase stationery brand

Britain's Tesco buys Paperchase stationery brand

  • January 31, 2023 02:09 PM GMT | Reuters

* Tesco not buying Paperchase stores * About 820 jobs at risk (Adds detail, administrators comment) LONDON, Jan 31 (Reuters) - Britain's biggest supermarket group Tesco said on Tuesday it had

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Banks battle to shed unsold buyout loans - sources

Banks battle to shed unsold buyout loans - sources

  • January 31, 2023 01:53 PM GMT | Reuters

By Chiara Elisei, Nell Mackenzie and Pablo Mayo Cerqueiro LONDON(Reuters) - Banks are whittling down a pile of unsold loans that backed private equity buyouts in the cheap-money era and trying to

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Britain's Tesco buys Paperchase stationery brand

Britain's Tesco buys Paperchase stationery brand

  • January 31, 2023 12:23 PM GMT | Reuters

(Adds detail) LONDON, Jan 31 (Reuters) - Britain's biggest retailer Tesco said on Tuesday it has purchased the Paperchase brand and related intellectual property after the stationery and gifts chain

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Britain's Tesco buys Paperchase brand

Britain's Tesco buys Paperchase brand

  • January 31, 2023 12:07 PM GMT | Reuters

LONDON, Jan 31 (Reuters) - Britain's biggest retailer Tesco has purchased the Paperchase brand, it said on Tuesday. “Paperchase is a well-loved brand by so many, and we’re proud to bring it to Tesco

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