All General merchandise articles – Page 379
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Carrefour misses growth targets
Second-biggest retailer retrenches in face of price competition
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Lerner to lead Holt Renfrew
Canadian department store Holt Renfrew has appointed Escada US chief marketing officer Caryn Lerner as president. She replaces Andrew Jennings, who left the nine-store chain in February for Saks Fifth Avenue.
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Saks to close 11 stores
Saks Fifth Avenue has announced the closure of eight eponymous stores and three Off 5th shops. Chairman and chief executive Fred Wilson said the decision was intended to rationalise the retailer's real estate portfolio and improve profitability.
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Stanfords - Putting travel stores back on the map
No one could be happier about the globetrotting obsession gripping us all than the owners of map and travel guide shop Stanfords. From city breaks to world trips, our love of travel rang the three-store chain's tills to the tune of 6.5 million last year.
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RILA adds three to board
The Retail Industry Leaders Association elected three members to its board last month. They are: Jo-Ann Stores chairman, president and chief executive Alan Rosskamm; Accenture retail and consumer goods global managing partner Jeffrey Smith; and Unilever president, home and personal care, North America, Hanish Manwani.
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Nelson quits Office Depot
Office Depot chairman and chief executive Bruce Nelson has resigned by mutual agreement. The board's finance committee chairman Neil Austrian is now interim chairman and chief executive.
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Kroger credit has rewards
Kroger has launched a branded credit card. The 1-2-3 Rewards Mastercard made its debut in parts of Ohio, in the US.
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Instability woes put investors off Russian market
Western retailers are avoiding investing in Russia in favour of other more attractive markets, according to the boss of one of the country's largest supermarket chains.
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Retail Property - Retailers: no surrender on upward-only rent reviews
Retail Property - Retailers: no surrender on upward-only rent reviews