All Retail Week UAT articles in December 18, 2009 – Page 6
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NewsBest Buy sales and profits rise in third quarter
Electricals giant Best Buy has posted a leap in third quarter sales and profits and upped full-year earnings guidance.
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OpinionIs there the stomach for a fresh battle on upward-only rents?
Irish retailers, and particularly the high-profile campaigners on Dublin’s Grafton Street, have been celebrating the country’s ban on upward-only rent reviews. Inevitably it has led to the a debate about whether it’s time for the same step in the UK.
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NewsConsumer price inflation rises to 1.9%
The rate of consumer price inflation rose to 1.9% in November from 1.5% the previous month, official statistics showed.
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NewsH&M sales grow 1% in November
Sales at Swedish fashion group H&M increased by 1% in local currencies in November compared to the same month last year.
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NewsASA throws out M&S ‘sexist’ ad claims
The Advertising Standards Authority has thrown out claims of sexism over the Life on Mars actor Philip Glenister’s part in Marks & Spencer’s Christmas TV campaign following about 100 complaints.
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NewsJaeger looks to Europe as sales improve
Jaeger is set to re-enter the European market after revealing sales are on an improving trend.
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NewsDunelm founder transfers 10% stake
Dunelm founder Bill Adderley has offloaded more shares in the family-run business, transferring around a 10% share of the retailer to his son and Dunelm chief executive Will.
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NewsTesco music and DVD boosted by X-Factor
Tesco has said the X-Factor effect has boosted music and DVD sales since Sunday’s final, and the grocer predicts winner Joe McElderry’s single will be the fastest-selling of the year.
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NewsCarpetright notches up best half-year performance in five years
Carpetright pre-tax profit grew 15.8% to £11m in the 26 weeks to October 31 as the domestic arm clocked up it strongest half year performance since 2004.
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NewsAsda borrows Sainsbury’s slogan
Asda borrowed one of rival Sainsbury’s advertising catchphrases at the weekend, declaring “Good food costs less at Asda”.
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NewsSpar Q2 like-for-likes climb 4.8%
Convenience store group Spar has reported like-for-like sales up 4.8% in the three months to October 31.
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NewsNew look for Jones Bootmaker
Jones Bootmaker has launched a new retail identity at its Milton Keynes store.
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NewsSpecsavers profit edges up 3%
The UK’s largest opticians Specsavers pre-tax profits rose 3% to £26.5m in the year to February 2008.
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OpinionWhat’s the point of a door?
Unusually, I was asked to appear on TV last week to talk about shop doors, or rather the lack of them.
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NewsLondon retail sales rise in November
London retail sales in November were the best since October 2006, raising hopes for a good Christmas period.
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NewsJohn Lewis has record week
John Lewis has had another record week of sales, taking £110m in the week to Saturday December 12, the most the department store has ever taken in a week.
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NewsHobbyCraft to be put up for sale
Arts and crafts retailer HobbyCraft is to be sold for £70m after it appointed Grant Thornton to consider its strategic options.
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NewsHabitat sold to Hilco
Habitat has been sold to Hilco in a deal that will see chief executive Mark Saunders remain in his position.