All articles by Hugh Radojev – Page 125
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NewsVacancy rates at highest level for four years as footfall declines
National town vacancy rates were at their highest in four years, as high street footfall declined again, according to new figures from the BRC.
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NewsSelect in administration after 'horrendous' Christmas
Select has collapsed into administration, leaving the future of its 169 stores and 1,800 employees hanging in the balance.
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NewsMorrisons wholesale arm drives like-for-like rise in first quarter
Morrisons has unveiled positive like-for-like sales in the first quarter for the fourth consecutive year, driven by the strength of its wholesale business.
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NewsThe Works celebrates ‘successful year’ as revenues soar
The Works has cautioned full-year profits would come in at the lower end of expectations despite hailing a “successful year” of sales growth.
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NewsSuperdry issues profit warning
Superdry has issued a profit warning, after cautioning full-year profits would come in “lower than the current range of market expectations”.
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NewsBonmarché board unanimously rejects Philip Day offer
Bonmarché has unanimously rejected the offer made by prospective buyer Philip Day, and said the cost-reduction plans of its board will succeed “in the medium term”.
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NewsRetail sales 'below expectation' for April, despite Easter boost
Retail sales were “below expectation” for the month of April, despite the Easter long weekend, according to the latest BRC-KPMG Retail Sales Monitor.
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NewsTotal retail advertising spend fell in 2018
The total amount spent on advertising by UK retailers fell to £1.2bn in 2018, despite total spend across all sectors rising by 6.3% during the year.
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NewsCo-op appoints former Lloyds of London executive as finance boss
The Co-op has appointed Shirine Khoury-Haq as its new chief financial officer, replacing Ian Ellis who announced his retirement last year.
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NewsLandlords demand bigger Arcadia stake in exchange for CVA vote
A host of Britain’s biggest property owners have joined forces to demand a larger equity stake in Arcadia, should the fashion group push forward with a CVA.
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AnalysisHow Sainsbury's Coupe plans to accelerate performance
Despite being overshadowed by the CMA’s decision to block its planned merger with Asda, Sainsbury’s chief executive Mike Coupe insisted at today’s results that the future is still bright. We take a look at his plans to move the grocer forward.
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NewsArcadia board to hold crunch restructuring meeting today
Arcadia’s board is set to meet today to discuss the future of Sir Philip Green’s embattled fashion chain, as it eyes a possible company voluntary arrangement.
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AnalysisAnalysis: Will Arcadia's CVA be the final straw for landlords?
Could Sir Philip Green’s plan to shed stores through a CVA be a step too far for landlords? Hugh Radojev investigates
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NewsElectrical fault caused Ocado Andover warehouse fire
Ocado said an electrical fault with one of its battery charging units caused the February fire at its Andover customer fulfilment centre, in a circular for investors ahead of a meeting regarding its impending tie-up with Marks & Spencer.
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NewsSainsbury's opens first till-free grocery store in UK
Sainsbury’s has today opened the first till-free grocery store in the UK in central London, following a number of trials with pay-and-go technology in other convenience stores.
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AnalysisAnalysis: What next for Sainsbury's and Asda?
Almost a year to the day since unveiling plans for a landmark £13bn merger, Sainsbury’s and Asda have been told they must each go solo.
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News75,000 retail jobs lost in first three months of 2019
75,000 retail jobs were lost in the first quarter of the year, as bricks-and-mortar retailers continue to be affected by increasing online sales.
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NewsTed Baker appoints former retail HR director to board
Ted Baker has bought the former HR executive of brands such as B&Q, Jack Wills and Marks & Spencer to its board as a non-executive director.
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NewsOasis poaches Ted Baker designer for director role
Oasis Warehouse has poached a senior Ted Baker designer to head up its design directorate.
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NewsBoohoo full-year profits surge as sales rocket
Boohoo has unveiled another stellar set of full-year results, as pre-tax profits grew 38% and sales soared.