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Blacks Leisure in death spiral as Sports Direct pulls out
News Sports Direct, the discount sports clothing chain, has withdrawn its offer for Blacks Leisure, sending the hobbled high street retailer's shares into a potential death spiral.
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Sport Direct sales rise 8.4% in first half, debt reduced
News Sports Direct, the high street sports retailer, has seen group revenue rise 8.4% in the first half, helped by a strong second quarter and significant growth in online sales.
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Thursday preview: Sports Direct, Moss Bros, UK retail sales
News Retailers will be in focus on Thursday, with retail sales data for November due out at 9:30, and at least two High Street chains set to report.
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eXpansys posts half year profit
News Online wireless and consumer technology retailer eXpansys reported a half year profit compared to a loss during the same six months a year earlier after strong growth particularly in the US and Asia.
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Tesco sees UK LFL sales down, US business strong
News Tesco, the FTSE 100 retailing giant, has seen like-for-like sales drop in its UK stores by 0.9% in the third quarter compared to the equivalent period of 2010. The figure excludes income from VAT and Petrol but is in line with the performance during the second quarter.
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Sports Direct to give Blacks a helping hand
News FTSE 250 high street retailer Sport Direct has reportedly offered to share its warehousing, supply chain and IT capability with struggling peer Blacks Leisure, according to the Financial Times.
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Comet a drag on Kesa
News Anglo-French firm Kesa saw its first half results dragged down by Comet, the electrical retailer it has agreed to sell for just £2.
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Kingfisher puts in strong performance
News DIY retailer Kingfisher saw group retail profit soar 13% during the third quarter after total group sales rose 3.5%.
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Topps Tiles hit by consumer squeeze
News Topps Tiles, the specialist tile and wood flooring retailer, saw full year profits fall amid 'very challenging trading conditions'.
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