Andrew Wade News
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H&T Group Plc, the pawnbroker that fell the most in 10 months yesterday after rival Albemarle & Bond Plc issued a profit warning, should recover as its store portfolio matures, according to Westhouse Securities.
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Ocado Group Plc, the U.K. online grocer that went public last year, reported a quarterly profit for the first time and said its full-year loss narrowed as a record number of customers ordered more frequently.
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Andrea Hamilton plans to spend about half her usual 150 pounds ($231) on Christmas gifts this year. It’s not job prospects, interest rates or the possibility of increased taxation that’s holding her back. It’s the snow.
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Andrea Hamilton plans to spend about half her usual 150 pounds ($231) on Christmas gifts this year. It’s not job prospects, interest rates or the possibility of increased taxation that’s holding her back. It’s the snow.
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Marks & Spencer Group Plc’s reign as the U.K.’s largest clothing retailer by market value is over after it was overtaken this week by competitor Next Plc.
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Blacks Leisure Group Plc, a U.K. outdoor clothing retailer, fell the most in a month after the company said sales were falling and debt levels increasing.
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Carpetright Plc , the U.K.’s biggest carpet retailer, said first-half profit fell 10 percent as demand in Britain and Ireland declined.
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Video-game software used to portray three-dimensional warriors, alchemists and dungeons is assisting U.K. online grocer Ocado Group Plc as it expands to take on supermarket giants such as Tesco Plc.
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Mothercare Plc will shut more than a quarter of its U.K. stores and expand overseas after full-year profit fell 72 percent. The stock rose the most in two years.
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Tesco Plc and J Sainsbury Plc may report stronger sales this week as the U.K.’s worst early snowfall in 17 years prompted Britons to do all their holiday shopping in a single supermarket visit or to order online.
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