All Home & DIY articles – Page 384
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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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Ikea shrugs off planning woes with Yorkshire push
Ikea has bounced back from the setback of a second planning refusal for its Stockport store, and has lodged a new application for a 306,780 sq ft (28,500 sq m) store in Doncaster, South Yorkshire.
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... off you go, says Rose
Marks & Spencer said arrivederci to Italian guru Vittorio Radice as new boss Stuart Rose overhauled the company board.
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Lakeland EPoS contract
Kitchenware retailer Lakeland has handed Vista a contract to maintain its EPoS systems across its portfolio of 27 stores.The contract will last for the next three years. Lakeland announced an upgrade of its store systems, including EPoS, to RBS in early April.
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Lowe’s to spend $7bn on aggressive growth push
Lowe’s is to invest nearly US$7 billion (£3.81 billion) in the next two years to expand and upgrade its store portfolio to compete harder against market leader Home Depot.
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B&Q to use Web pricing portal to predict profits
DIY market leader B&Q has invested in a Web-based pricing strategy portal supplied by IBM and DemandTec.
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Cotton blooms at Wyevale
Rugby and casual clothing brand Cotton Traders has opened its first concession in a garden centre.The 700 sq ft (65 sq m) outlet, which cost £25,000, is located in Wyevale’s Swindon branch.
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Hercules grabs Prospect Place
The Hercules Unit Trust has bought Phase 1 of the Prospect Place retail park in Dartford, Kent from Pillar Property for£36 million, and entered into a commitment to forward purchase Phase 2. The 134,000 sq ft (12,450 sq m) Phase 1 is fully-let to B Q, Carpetright , Allied Carpets ...
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Ikea challenge to UK stores
Habitat and MFI are closely monitoring the effects of the opening of IKEA’s first UK store.