All General merchandise articles – Page 209
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OpinionPaperchase shows the way
In spite of the apparent emergence of Germany and France from recession (that’s what the figures indicate), retailers in those countries are under the cosh just as much as over here and store openings are as thin on the ground.
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NewsPets at Home data mining to bolster loss prevention
Pets at Home has embarked on the implementation of a data mining system to aid its loss prevention team.
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Target to bring the management of its ecommerce platform back in house,
Mass merchandiser Target plans to bring the management of its ecommerce platform Target.com back in house, bringing to an end what will be a 10-year outsourcing partnership with Amazon.The retailer expects to launch the new platform in advance of the holiday season in 2011. Amazon and Target linked up to ...
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News
Auchan signs revolving credit facility
Food and general merchandise retailer Auchan has signed an €800m (£686m) revolving credit facility with a syndicate of international banks, according to local press.The transaction raised a total of €1.3bn (£1.1bn) in syndication and was subsequently increased from the launch amount of €400m (£343m).The transaction was led by Banco Santander, ...
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NewsRed5 builds presence with Hamleys tie-up
Gadgets retailer Red5 has opened a concession in Hamleys’ famous Regent Street toy shop in which it now occupies about a third of the basement space.
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NewsPoundland trials contactless payments
Poundland is trialling contactless payment technology at two of its London stores.
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OpinionThe right thing for M&S would be the wrong thing for high streets
The presence of an unmodernised Marks & Spencer store is a tell-tale sign of a high street which has seen better days.
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NewsPaperchase profits plunge by 20%
Stationery retailer Paperchase saw pre-tax profits plunge by 20% from £8.1 million to £6.5 million for the 12 months to 31 January.
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NewsUS sales down 4.7% in July
US retail sales fell again in July marking the 11th consecutive month of sales declines in the country.
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NewsRetailers to gain if recovery of pound sustained
Retailers are poised to reap earnings and margin gains if the recovery of the pound is sustained and relieves pressure on buying costs.
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NewsFreemans Grattan relaunches website
Home shopping group Freemans Grattan will this month relaunch its Kaleidoscope homewares and fashion website to deliver an improved customer experience.
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NewsThe Entertainer ramps up digital marketing
Toy specialist The Entertainer is to extend its digital advertising efforts in anticipation of a bumper Christmas online.
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Staples International president to leave the business
Staples International president Peter Ventress is to leave the business for a chief executive position at an as-yet unnamed UK-based public company.Staples president and chief operating officer Mike Miles will assume Ventress’ responsibilities from September 1, making Miles responsible for all of Staples’ international businesses.Chairman and chief executive Ron Sargent ...
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NewsDisney Stores upbeat after return to profit
Disney Stores has bounced back into the black, recording a pre-tax profit of £2.8m in the year to September 27, 2008, after posting a loss of £6.6m the previous year.
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NewsRobert Dyas tests online kiosk at new-look store in Maidenhead
Hardware chain Robert Dyas is trialling an internet kiosk in its new-look store in Maidenhead, which opened last week.
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NewsFlying Brands improves trading after cost efficiency programme
Multichannel retailer Flying Brands has reported improved trading in its interim results as it reaps the benefits from its cost efficiency programme.
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NewsSainsbury’s launches non-food online to rival Tesco and Asda
Sainsbury’s this week locked horns with rivals Tesco and Asda as it launched its non-food online offer.
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Costco to invest in New South Wales expansion
Costco – the US-based international chain of membership warehouses selling food, general merchandise and electricals – plans to invest Aus$120m (£59.8m) in expanding into New South Wales, Australia.It will open its first discount warehouse in the region at Auburn in western Sydney. Costco, which may open more stores in the ...
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NewsHalfords remains cautious despite sales rise
Halfords like-for-likes increased 1.3 per cent in the 13 weeks to June 27 as the bikes and car maintenance retailer benefited from strong multi channel growth.
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NewsFashion sales suffer as swine flu rocks consumer confidence
Retail like-for-like sales were down 4.1 per cent in the week ending July 19 as swine flu shook consumer confidence.