All Retail Week UAT articles in December 20 2013 – Page 10
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NewsTesco attacked over rising prices and ‘unconvincing’ strategy
Tesco has been accused of putting up its prices faster than its major rivals and giving Sainsbury’s and Waitrose a “free ride”.
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AnalysisCarpetright's half-year update: What the analysts say
Carpetright revealed underlying profits fell by a third to £3m in its half-year to October 26. Retail Week takes a look at reactions from the analysts.
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NewsHouse of Fraser EBITDA edges up in third quarter
House of Fraser like-for-likes increased 0.8% in its third quarter to October 26 as adjusted EBITDA edged up £100,000 to £1.7m.
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OpinionComment: The four main delivery trends of 2013
UK consumers will wait at home for an average of over 140 minutes for online shopping deliveries this Christmas, costing the country an equivalent of over £850m. There is clearly a way to go to ensure that the retail back end catches up with the promise of an omnichannel world.
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News99p Stores plans 70 stores with new funding
99p Stores has extended its £25m banking facility with Barclays to fund a raft of new stores.
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NewsCarpetright records a fall in first-half sales and profits
Carpetright has posted a fall in first-half sales and profits as it battled “volatile” trading conditions and suffered losses in its European arm.
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NewsTesco acquires stake in Asian non-food etailer Lazada
Tesco has acquired a minority stake in Asian general merchandise etailer Lazada, which sells products including electronics and clothing.
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NewsFormer WHSmith boss Kate Swann departed with up to £13m
Former WHSmith chief executive Kate Swann left the retailer after holding bonus payments, shares and options worth up to £13m, it has emerged.
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NewsBreakfast briefing: Retail news on TK Maxx, Tesco and Boohoo.com
Retail news round-up December 10, 2013: TK Maxx accused of inflating prices, Boohoo.com full-year sales rise and Tesco acquires stake in Lazada.
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AnalysisIn numbers: Cath Kidston's success story
Cath Kidston is eyeing a sale in the new year which would potentially value the business at £250m. Retail Week takes a look at the kitsch homewares retailer’s numbers.
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NewsTesco Metro launches augmented reality store fronts
Tesco has launched interactive Christmas window shops in twelve Metro stores around the country, including on Regent Street, with augmented reality technology enabling shoppers to scan and shop using their mobile phones.
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OpinionComment: Why the constant focus on flagships?
Why is it that retailers seem hell-bent on opening flagships and sometimes little else?
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AnalysisMapped: London's retail and technology start-ups
London is full to bursting of innovative technology start-ups, many of which are directly or indirectly related to retail.
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AnalysisTwitter debate: Reactions to the Autumn Statement announcements
Retail Week asked Twitter what they thought of the announcements made in the Autumn Statement. Here are the key points made by retailers and property experts.
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OpinionComment: Chancellor must be commended on business rates but revaluations are critical
I have always addressed the position of business rates from one of fairness. A taxation policy must be fair and we all know rates for retail are not fair.
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NewsEtailers Ao.com, Photobox and Achica selected for Future Fifty programme
Etailers including Ao.com, Photobox and Achica.com have been named in the second wave of 25 companies to join Shoreditch-based initiative Tech City UK’s Future Fifty programme.
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NewsCath Kidston eyes £250m sale next year after hiring UBS
Cath Kidston is eyeing a sale in the new year which could value the retailer at £250m.
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NewsGovernment unveils £1bn support package for high streets and pledges to tackle parking
Communities secretary Eric Pickles has unveiled a £1bn package of support to boost UK high streets including tackling parking.
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NewsFormer Halfords boss David Wild joins board of consultancy Practicology
Former Halfords chief executive David Wild has joined the board of multichannel consultancy Practicology.
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AnalysisInfographic: Which Christmas ads generated the most awareness?
Which retail Christmas ads generated the most buzz? Data from YouGov’s Brandindex highlights whose ads worked and who didn’t.