All articles by Grace Bowden – Page 60
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NewsDebenhams hires former Tesco exec Jones as sourcing boss
Debenhams has snapped up Richard Jones to act as global sourcing trading director as the retailer seeks to strengthen its own-brand proposition.
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NewsM&S ploughs £25m into tech transformation scheme
Marks & Spencer has kicked off a technology transformation initiative, which will consolidate its supplier base and outsource more than half its IT team.
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NewsRyman Christmas sales jump as Boux Avenue falls
Theo Paphitis’ stable of retailers recorded mixed performances in the run-up to Christmas as Ryman and Robert Dyas’ sales increased and Boux Avenue’s dropped.
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NewsRetail administrations skyrocket to five-year high
The rate of retail insolvencies increased in 2017, driven by a dramatic uplift in the number of administrations from larger retailers.
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NewsSuperdrug offers spray tans and blow dries in new format
Superdrug is pushing into experiential beauty with its new store format, which will offer a range of services including a barber shop and hair salon.
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NewsDecember shop prices fall amid Christmas discounting
Shop prices dropped in December as festive price cuts to non-food items offset rising inflation in grocery prices.
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NewsJigsaw Christmas sales rise driven by online
Jigsaw has reported a healthy boost in Christmas sales as it continued to shun Black Friday.
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NewsBoots sales slip in ‘challenging’ first quarter
Boots has recorded a drop in its first-quarter UK retail sales as Walgreen’s Boots Alliance’s US arm shored up sales.
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NewsAldi Christmas sales soar as it ups store staff pay
Aldi has recorded surging Christmas sales, pushing the discounter over the £10bn total sales mark in the UK and Ireland for the first time.
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NewsDebenhams warns on profits as Christmas sales fall
Debenhams’ Christmas like-for-like sales dropped despite increased promotional activity in what boss Sergio Bucher called a “challenging” period.
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NewsMountain Warehouse records Christmas sales hike
Mountain Warehouse has recorded a dizzying ascent in Christmas sales driven by strong international demand, Retail Week can reveal.
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NewsPoundland parent: Financial ties to Steinhoff ‘severed’
Poundland parent company Pepkor Europe’s chief operating officer Sean Cardinaal said the subsidiary has financially “severed any kind of alliance” with Steinhoff through a newly secured £180m loan.
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NewsNisa Christmas sales rise driven by store expansion
Nisa has delivered strong Christmas sales bolstered by aggressive expansion, demand for fresh food products and healthy like-for-like growth.
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NewsPoundland, Bensons and Harveys secure £180m new funding
Poundland’s parent company Pepkor Europe has been thrown a lifeline with a new two-year independent loan which will replace planned Steinhoff investment “in full”.
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AnalysisWhat Next's update tells us about retail right now
Next is one of retail’s great bellwethers. What does its Christmas trading update, and its predictions for next year, tell the rest of the industry?
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NewsConsumer confidence dips to four-year low in December
Consumer confidence continued its downward spiral this month, hitting the lowest point this year and marking the lowest-scoring December since 2013.
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NewsDunelm hires former Evans Cycles boss Wilkinson as CEO
Dunelm has appointed Nick Wilkinson to take the reins of the homewares retailer a year after his exit from Evans Cycles.
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NewsJohn Lewis extends Christmas click-and-collect cut-off
John Lewis has extended the deadline to make click-and-collect orders in a bid to woo last-minute Christmas shoppers.
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NewsOnline retail sales growth slows despite Black Friday
The rate of online sales growth tailed off significantly in November in comparison with previous years as Black Friday failed to boost overall sales.
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NewsMissguided falls into loss despite sales spike
Missguided has dropped into the red in its full-year update as it ploughed investment into its distribution centre, although its sales skyrocketed.