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DEBFri, 10th Aug 2018 09:05
* UK retail sales cool slightly in Dec, despite Christmas surge * Retailers expect prices to spiral higher in next few months * EC survey shows record increase in shop price inflation gauge (adds European Commission figures) By James Davey and Andy Bruce LONDON, Jan 6 (R
Read moreLONDON, Jan 6 (Reuters) - A spending spree by British shoppers in the week before Christmas failed to prevent sales in December from falling short of the previous year's level, industry data showed on Friday. Robust growth in consumer spending has been one of the main factors sustaining Bri
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(Repeats with no changes to text) * Next has worst start to trading in 25 years * Weaker pound, online shopping hurt traditional retailers * Short-selling ticks higher in Debenhams, M&S By Alasdair Pal LONDON, Jan 4 (Reuters) - The worst start to a trading year for N
Read more* FTSE 100 steadies at the close * Next tanks after profit warning * Housebuilders find support (Updates at market close) By Helen Reid and Kit Rees LONDON, Jan 4 (Reuters) - Britain's top share index closed slightly firmer and near a record high on Wednesday as a rally
Read more* Next has worst start to trading in 25 years * Weaker pound, online shopping hurt traditional retailers * Short-selling ticks higher in Debenhams, M&S By Alasdair Pal LONDON, Jan 4 (Reuters) - The worst start to a trading year for Next PLC shares since 1991 underscores th
Read more(ShareCast News) - Fashion retailers' shares got whacked after Next posted lower-than-expected sales for the period over Christmas and warned that further weakness may lie ahead. Group sales from the start of November until Christmas Eve shrank 0.4%, as a 3.5% decline in shop sales was largely of
Read more(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * FTSE 100 flat * Next shares tank after profit warning * Housebuilders find support from note By Kit Rees LONDON, Ja
Read more(ShareCast News) - BP: UBS reiterates buy with a target price of 550p. InterContinental Hotels Group: Barclays upgrades to overweight, 4000p target. Debenhams: Deutsche Bank downgrades to sell with a 5200p target. Amerisur: Barclays reiterates equal weight with a 36p target. Next: Deutsche Bank d
Read more(ShareCast News) - Deutsche Bank cut its stance on a number of UK retailers as it said demand is likely to soften in 2017. "Retail stocks are typically early-cycle but there are risks a prolonged downturn means many could be value traps, particularly as the sector is typically showing average rather
Read more(ShareCast News) - Barclays has selected Debenhams chairman Ian Cheshire as its number one candidate to lead its new ring-fenced UK bank as it prepares to adopt a new regulatory framework designed to insulate taxpayers in the event of a future financial crisis, according to a report by Sky News. An
Read more(ShareCast News) - Debenhams: JP Morgan keeps at underweight with a target price of 54p. AA: Berenberg stays at buy, 315p target. National Express: RBC reiterates outperform with a 405p target. LLoyds: UBS reiterates buy with a 67p target. GlaxoSmithKline: Credit Suisse reiterates neutral with a
Read more* FY profit up 0.5 pct at 114.1 mln stg, in line with forecasts * Shares up 1.8 pct (Adds executive, analyst comments, share price) By Sarah Young LONDON, Oct 27 (Reuters) - Debenhams, Britain's second-largest department store group, achieved minimal growth in a tough clothing
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