All Department stores articles – Page 205
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NewsRetail collapses trigger £1bn losses for Crown Estate
The collapse of retailers in the recession has contributed to the Queen’s Crown Estate suffering a £1bn loss.
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NewsBeales plots ‘aggressive’ strategy to regain profits
Beales is confident of returning to profitability when the recession abates after outlining its strategy to see it through the downturn.
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NewsNew Look and Next take over Ballymena Bhs
Fashion retailers New Look and Next have signed to take space in the former Bhs store in County Antrim, Northern Ireland.
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NewsEast of England Co-op to sell non-food stores
The East of England Co-operative Society is to sell the majority of its non-food stores as it seeks to offload most of its department and home stores business to Vergo Retail.
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NewsRetailers work with Google to optimise their sites
Retailers including Next, Debenhams and Schuh have completed a research project with Google to investigate how their sites could be improved.
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NewsEuropean Union approves state loan for Arcandor
The European Union has given approval for the German state to loan insolvent retailer Arcandor €50m (£43m).
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NewsMarks & Spencer reports improved sales in first quarter
Marks & Spencer reported an improvement in UK sales in its first quarter, buoyed by its 125th anniversary campaign and the timing of Easter.
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NewsM&S shareholder backs Sir David Michels to replace Sir Stuart Rose
Marks & Spencer shareholder the Local Authority Pension Fund Forum (LAPFF) is backing Sir David Michels to replace Sir Stuart Rose as the retailer’s chairman.
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NewsBeales first-half profits slide as outlook remains uncertain
Department store operator Beales has revealed its pre-tax profits fell from £570,000 to £540,000 in the 26 weeks to May 2.
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NewsTepid fundraising does job for Debenhams
City analysts have labelled the subdued take-up of Debenhams’ shares as part of its £323m fundraising a “disappointment” but said the department store group is nevertheless stronger as a result.
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NewsDebenhams launches Blue Cross Sale
Debenhams has launched a Blue Cross Sale today in its latest move to cash-in on bargain hungry shoppers.
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NewsDebenhams open offer gets subdued response
The response from investors to Debenhams’ open offer to raise £323m has been subdued, after only 30.3 per cent of the total shares offered were taken up.