All articles by Grace Bowden – Page 34
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NewsMoss Bros half-year profits flat as sales edge up
Moss Bros has posted broadly flat underlying profits at the half-year mark as the retailer posted a small uplift in overall revenue despite a slump in hire sales.
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NewsHotel Chocolat full-year profits beat expectations as sales climb
Hotel Chocolat has reported a sales rise spurred by product innovation in what boss Angus Thirlwell described as a “year of significant progress”.
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NewsCard Factory half-year profits slip as Brexit stockpiling hits margins
Card Factory has posted a decline in half-year profits despite increased sales as the retailer unveils plans to roll out its Aldi supply partnership.
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VideoWhy Next's boss thinks no-deal Brexit will mean lower prices
As Next unveils its half-year results, the team discuss boss Lord Wolfson’s assertion that the clothing retailer would be able to cut prices by 2% in the event of a no-deal Brexit.
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NewsDebenhams wins High Court battle with landlord to secure CVA
Debenhams has won a High Court battle with a landlord to secure its CVA, paving the way for the department store to shut 50 shops.
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NewsCredit card retail payments outstrip cash for first time
Credit cards surpassed cash as the second most popular form of retail payment behind debit cards in 2018, according to the BRC Payments Survey.
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NewsFeelUnique poaches Amazon fashion director for CEO role
FeelUnique has snapped up Amazon’s European fashion boss Sarah Miles as its new chief executive.
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NewsKingfisher half-year profits fall as B&Q sales suffer
Kingfisher has recorded a fall in profits as the UK registers a ‘disappointing’ sales performance exacerbated by B&Q range changes and weak consumer confidence.
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AnalysisThe Body Shop reclaims activist roots with new-look store
The Body Shop has unveiled a new store concept on London’s Oxford Street that taps into the retailer’s mission-led heritage with a keen focus on sustainability
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InterviewHow Rent the Runway is turning traditional retail on its head
“We are not an ecommerce business – it sounds like a soundbite, but it’s true.”
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AnalysisAnalysis: What’s gone wrong at John Lewis…and can it be fixed?
John Lewis Partnership’s half-year results made for a sobering read, as the high street stalwart unveiled the first half-year loss in its history.
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NewsSports Direct implores big four auditors to reconsider snub
Sports Direct has reportedly pleaded with Deloitte, PwC, EY and KPMG to pitch for its audit contract after warning that a smaller firm would not be able to perform the role.
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NewsNew Look profits decline as first-quarter sales slump
New Look has recorded a decline in profits exacerbated by falling sales, but has said that current trading is showing green shoots of growth.
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AnalysisProfile: Can M&S new hire put the spark into its loyalty offer?
Marks & Spencer has appointed former Tesco Clubcard boss Danielle Papagapiou to reboot its flagging Sparks loyalty scheme.
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AnalysisAnalysis: How the latest Brexit twists will hit retail
Believe it or not, it’s been just 48 days since Boris Johnson moved into 10 Downing Street after succeeding Theresa May as Prime Minister.
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NewsIntu circled by buyout firms as it faces £1bn debt crunch
Retail property giant Intu is reportedly being considered for a private equity buyout by Orion Capital Managers.
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NewsH&M squares up to landlords with aggressive rents stance
H&M has butted heads with landlords after demanding that new rent agreements deduct returns from revenue.
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NewsPrimark full-year sales rise driven by bricks-and-mortar expansion
Primark has recorded an uplift in full-year sales across the UK, Europe and the US as the fashion retailer’s expansion drive offset like-for-like declines.
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NewsWalgreens Boots Alliance poaches Kraft Heinz exec for CIO role
Walgreens Boots Alliance (WBA) has snapped up Kraft Heinz’s global chief information officer Francesco Tinto to take on the same role at the health and beauty titan.
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NewsHolland & Barrett rows back global plans as international boss exits
Holland & Barrett’s international boss Echo Lu has stepped down following a review of its overseas expansion strategy, Retail Week can reveal.