All articles by Jennifer Creevy – Page 69
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NewsB&Q strong sales helps Kingfisher beat forecasts
DIY giant B&Q has reported like for like sales up 5.7%, helping parent company Kingfisher to beat City forecasts with a 28% increase in group profits.
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NewsFindel reports first half loss
Home shopping group Findel has reported a loss for its first half but the retailer said it is confident its cost savings should help it to generate profit.
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NewsAsda wins rights to sell official FIFA World Cup merchandise
Asda has won the rights to sell official World Cup products next summer after its parent Walmart struck a deal with FIFA’s worldwide master licensee.
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NewsSupermarkets launch Champagne price war
The supermarkets have launched a price war on Champagne today as the party season gets into full swing.
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NewsCo-op and Somerfield launch £200m price war
The Co-operative and Somerfield have waded into the supermarket Christmas price war with the launch of a £200m promotional assault.
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NewsTesco tempts Christmas shoppers with early Clubcard offers
Tesco is today sending out a surprise pre-Christmas Clubcard statement to its customers, in a bid to win their festive spend.
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NewsRetail property body urges Government to kick-start development pipeline
Retail industry body BCSC has written to the Government to make a firm commitment to measures to kick-start the retail property development pipeline in its pre-budget report next week.
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NewsFirst Quench to close a further 391 shops and sells off two small groups of the business
First Quench Retailing administrator KPMG has announced the closure of a further 391 shops, while selling off two small chunks of the business.
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OpinionWill Asda and Tesco be the winners next year?
Asda and Tesco have soaked up the majority of the market share from Woolworths’ collapse. Will their strength in non-food mean they emerge the winners in 2010?
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NewsWine Rack brand sold to wholesaler
First Quench Retailing administrator KPMG has sold the Wine Rack brand and 13 shops to wholesaler Venus Wine & Spirit Merchants.
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NewsRichard Pennycook tipped as next Morrisons chief
Morrisons group finance director Richard Pennycook has emerged as the bookies’ favourite to take over as chief executive when Marc Bolland leaves to head Marks & Spencer.
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AnalysisMarc Bolland: taking the helm at Marks & Spencer
As the Morrisons chief lines up to take the helm at Marks & Spencer, Jennifer Creevy asks if he has got what it takes to realise the high street legend’s potential.
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NewsRetail sales volumes up for second month running, according to CBI
Retail sales volumes rose for the second month running in November, and further growth is expected in December, according to the CBI.
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NewsHamleys and H&M open at Glasgow’s St Enoch centre
Hamleys and H&M were among the first stores to open their doors in the new £100m extension to Ivanhoe Cambridge’s St. Enoch shopping centre in Glasgow this morning.
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NewsAlexon like-for-likes slump 14%
Fashion group Alexon has reported a 14% slump in like-for-like sales for the 16 weeks to November 21 after its planned lower level of summer Sale activity affected footfall and sales.
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NewsClinton Cards like-for-likes up 3.9%
Clinton Cards has reported like-for-like sales for the 16 weeks to November 22 have climbed 3.9%, helped by consistent performance across all product categories and Halloween boosting sales.
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NewsPostal strikes hit etailers’ growth
The postal strikes in October led to a £53m fall in growth for online retailers in the last week of the month.
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NewsGrocers’ non-food sales to increase 40% by 2014
Non-food sales from grocers are expected to increase by 40% to £16.2bn in 2014, representing nearly 10p in every pound spent in supermarkets.
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NewsEbay technical hitch raises fears about retailer listings
Ebay’s technical failure on Saturday has raised fears about the auction site’s ability to handle bulk listings by large retailers.
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NewsAsda Income Tracker: Average family £10 a week better off
The average UK family is £10 a week better off compared to October 2008, according to the latest report from the Asda Income Tracker.