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High Street
Lenders prepare to take control of Matalan as bid deadline hits
Lenders are reportedly preparing to take control of Matalan after the deadline for its rescue bids was hit last Friday…
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DIY
Wickes reports stable Q3 trading but warns of energy costs
Wickes has reported stable trading in its third quarter, with sales rising by 2.6% against the 0.8% growth reported for…
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Online & Digital
Naked Wines axes roles in plan to ‘pivot to profit’
Naked Wines has made around 6% of its workforce redundant as part of a raft of measures to help the…
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Clothing & Shoes
Asos profits plunge 105% as group outlines turnaround strategy
Asos has seen its profits plummet 105% to a loss of £9.8m in its latest full-year results, down from profits…
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Online & Digital
Sosandar revenues soar 72% in H1
Sosandar has delivered a strong performance in the first half of the year, with revenues soaring 72% to £20.9m as…
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Online & Digital
Made.com seeks firm takeover offers by end of the month
Made.com has confirmed it has received a “number” of takeover proposals as it looks to secure a rescue deal by…
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Supermarkets
Ocado shares rise amid Kroger merger talks
Ocado shares have risen over 10% after reports that its largest technology client, Kroger, was in talks with US supermarket…
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People Moves
JD Sports CFO to step down next year
JD Sports has announced that Neil Greenhalgh will step down from his role as chief financial officer (CFO) next year. …
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High Street
Elliott in talks with Matalan founder over takeover bid
Elliott Advisors has reportedly entered talks with John Hargreaves, the founder of Matalan, regarding his bid to buy back the…
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Supermarkets
CMA set to greenlight Morrisons’ McColl’s takeover
The Competition and Markets Authority (CMA) is set to greenlight Morissons’ proposal to acquire McColl’s after accepting proposals for the…
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