All articles by Jennifer Creevy – Page 20
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NewsAndy Bond backs online food retailer
Former Asda boss Andy Bond is backing a new upmarket online food retailer.
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NewsAsda lines up backing for bid for Iceland stores
Asda is understood to have lined up backing from Barclays Capital to beef up its finances to bid for Iceland stores.
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AnalysisEurozone problems
The problems in the Eurozone are threatening the recovery of the global economy.
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Analysis10 ways to counter the gloom
A raft of updates has revealed that many well-known retailers have successfully faced tough conditions. We pick out some of the ways they have achieved it.
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NewsTesco to invest £500m in price cuts
Tesco is to invest £500m into lowering the price of everyday grocery items and simplify its promotions as it seeks to boost its flagging UK business.
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NewsAsda launches 'Chosen By You' range for Scotland
Asda has launched a specific range of ‘Chosen By You’ products for Scotland.
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NewsHoF first half EBIDTA flat and warns second half started slower
House of Fraser has reported flat EBITDA in its first half with like-for-like sales up 5.3% and warned the second half has started slower.
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NewsSelfridges hires food executive
Selfridges has hired former Marks & Spencer executive Nicola Waller as its head of food buying and merchandising.
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NewsProfits surge at JD Sports
JD Sports has reported pre-tax profit up 20.6% to £20.1m in the 26 weeks to July 30 despite being hit by the August riots when £700,000 worth of goods was looted from 16 stores.
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NewsTesco speculation prompts price war fears
Speculation is mounting that grocery and general merchandise giant Tesco is preparing to launch a price offensive next week, sparking concern of a new price war.
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NewsAmazon installs collection lockers in office blocks
Amazon has installed collection lockers in office blocks in London as it seeks to make deliveries more convenient.
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NewsAlexon moves forward with sale process
Troubled womenswear group Alexon has moved forward with its sale process and is considering an offer at a “significant” discount to the current share price.
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NewsProfit growth expected at Karen Millen
Premium womenswear chain Karen Millen is expected to report profits of £21m for the year to February 2011 when it publishes its annual accounts next month.
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NewsIceland auction hits setback
The information memorandum for the sale of Landsbanki’s share of Iceland Frozen Foods is expected to go out within the next two weeks but upheavals in the financial markets threaten to derail some bids.
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NewsTesco eyes Garden Centre Group
Tesco is understood to be gearing up for a bid for some or all of the Garden Centre Group.
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NewsTesco clothing boss Richard Jones exits
Tesco clothing boss Richard Jones has left the retailer and is understood to be taking up a role with Irish supermarket Dunnes.
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NewsOcado sales up 19.5% but warns margins expected to be lower
Ocado has reported gross sales up 19.5% to £444.6m in the 36 weeks to August 7, but warned that investment in customer service means full year margins are likely to be slightly lower than expected.
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AnalysisSimon Thompson
Morrisons has secured a coup in recruiting a former senior figure at Apple to spearhead its online food plans. Jennifer Creevy reports
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NewsProfit growth for Morrisons despite savvy shopper effect
Morrisons has observed the rise of the “professional” shopper in the face of the biggest hit to consumer spending power in a generation.
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NewsWaitrose weekly sales up 10.7%
Waitrose has reported total sales up 10.7% in the week it reopened its flagship Canary Wharf store as its first Food, Fashion & Home shop.