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Analysis
Made.com for sale: what went wrong?
Made.com has officially put itself up for sale amid fears the business will be unable to raise fresh equity due…
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Clothing & Shoes
Frasers makes mandatory offer for MySale
Frasers Group has made a mandatory cash offer for the entire issued and to be issued share capital of Australian…
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Supermarkets
Lidl ups pay rise to become highest paying supermarket
Lidl GB has announced plans to increase the hourly pay rate of all store and warehouse colleagues next week, representing…
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Clothing & Shoes
JD remains ‘cautious’ on trading as H1 profits slip
JD Sports has reported its pre-tax profits and exceptional items dropped 12% year-on-year in the 26 weeks ended 30 July…
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Supermarkets
Ocado shares drop amid HSBC downgrade
Ocado Retail Ltd shares dropped on Tuesday (20 September) after analysts at HSBC downgraded the retailer’s rating from ‘hold’ to…
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People Moves
Naked Wines hires former CEO as advisor
Naked Wines has announced it has appointed former-CEO and material shareholder, Rowan Gormley, as an advisor to the board as…
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Department Stores
John Lewis swings to H1 loss of £99m
John Lewis has swung to a loss of £99m for the first half of 2022 (H1 FY22) which it attributed…
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Clothing & Shoes
Zara owner Inditex’s H1 sales hit ‘historic highs’
Zara’s owner, Inditex, has announced its sales, income and EBITDA has reached “historic highs” in the first half of 2022…
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Supermarkets
Ocado lowers outlook as customers cut back
Ocado Retail Ltd has lowered its outlook for FY22 as revenue growth in Q4 is not expected to generate full-year…
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Economy
BoE delays interest rates decision
The Bank of England (BoE) has delayed its interest rates decision for one week, following the death of Queen Elizabeth…
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