All articles by Jennifer Creevy – Page 83
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NewsTesco invests £150m in Clubcard relaunch
Tesco has invested £150m in the relaunch of its Clubcard next week, allowing customers to double the value of their vouchers.
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NewsOxfam suffers first drop in donations in eight years
Oxfam has felt the effects of the recession as it reports its first drop in donations for eight years.The charity shop’s donations are down 12 per cent so far this year, which it fears could mean a total of 1.2 million fewer donations in 2009.Demand for Oxfam’s goods remains high, ...
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NewsVision Express profits up despite downturn
Vision Express has reported an uplift in underlying profits in its full-year results as it eyes acquisition opportunities this year.
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NewsLush launches first of six in-store spas as profits skyrocket 89%
Handmade cosmetics retailer Lush has opened its first in-store spa as it revealed group pre-tax profit soared 89 per cent to £19.4m.
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News
Space NK hires Fraser Allan as new chief executive
Beauty retailer Space NK has hired a former finance director of Liberty as its new chief executive.Fraser Allan is understood to have joined this week, following the departure of Judith Pilkington last month.A source told The Independent that his “remit is to energise and focus the business and get it ...
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NewsRecession ‘will change retail for good’
The recession will fundamentally change retail for good, according to a report from Verdict Research.The report said the retail sector is in the mid-point of a lengthy reform. It said last year will be remembered as the beginning of a substantial contraction of the sector that had become bloated with ...
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NewsBest Buy scales back UK plans
US electricals retailer Best Buy is scaling down its UK plans but remains committed to the market.
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NewsGame finance director David Thomas steps down
Game group finance director David Thomas is to leave the retailer to join Barratt Developments.Thomas, who will take up the same position at Barratt, will step down from the board on July 2, 2009. Ben White, presently group reporting and investor relations director, will be appointed to the board as ...
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NewsSainsbury's airs 140th birthday ad
Sainsbury’s will tonight air a 60-second ad to commemorate the grocer’s 140th birthday.
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NewsM&S under fire for surcharge on larger bra sizes
Marks & Spencer has come under fire from campaigners over a £2 surcharge on bras sized DD and above.
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NewsCo-op reports record full year results
The Co-operative Group had reported record full year results, with operating profit before significant items up 11 per cent to £393m.
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OpinionPharmacies: convenience or community?
Supermarkets keep broadening their offer and time- and cash-strapped shoppers are only too happy take advantage. But when it comes to health and pharmaceuticals, can the supermarkets’ convenience trump the specialists’ customer care?
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NewsWestfield London backs down over service charges
Westfield has backed down over a dispute with tenants over service charges after months of wrangling with retailers at its London shopping centre.The Australian landlord had been battling with retailers including House of Fraser and Debenhams over charges at the centre. Westfield London had charged £14 per sq ft, about ...
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NewsJohn Lewis reports mixed week
Department store chain John Lewis has reported a mixed week with sales down 5.1 per cent.John Lewis said the good weather made the start of the week slow, with both Sunday and Monday showing decreases. The retailer said trade improved through the week but was still challenging, building towards Thursday ...
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NewsTesco to roll out pharmacies in smaller-format superstores
Tesco is to roll out pharmacies in its smaller-format superstores following a trial last year as it seeks to reach its target of 350 within the next three years.
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AnalysisColes: Can the Brits save Australia’s fallen star?
Australian grocer Coles is the greatest turnaround opportunity in global food retailing. And an all-star UK line-up is doing it. Jennifer Creevy learns how
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NewsBoots proves anti-ageing cream is genuine
Health and beauty giant Boots has carried out an independent test to prove its No7 Protect & Perfect Intense Beauty Serum has long-term anti-ageing benefits.
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NewsHMV reports strong growth but books remains weak
HMV UK and Ireland has reported like-for-like growth of 4.3 per cent for the 16 weeks ending April 25 while Waterstone’s like-for-likes slumped 4.5 per cent.
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NewsToday’s Group reports strong first quarter
Today’s Group - the wholesale arm of Nisa-Today’s - has reported a year-on-year volume increase of 13.6 per cent in the first quarter of this year.
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OpinionTesco thinks ahead
With promotions and price cuts everywhere you turn it is clear that the grocers need something else in their arsenal to make vacillating customers more loyal to their offer in the long run.