All articles by Jennifer Creevy – Page 85
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NewsValue stance pays off as George volumes rocket
Asda brand a step closer to taking top spot by 2011 as volume growth outpaces the market
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OpinionCautious Next sets the standard
Next chief executive Simon Wolfson was his usual cautious self last week, revealing to the City that the fashion retailer would be “sticking to the knitting”.His approach pleased analysts, and one even believes that Next is among the best-managed companies in the sector.Wolfson is right to be cautious. Among the ...
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News
Ocado targets £3bn business as sales soar
Grocery e-tailer posts market-defying sales as it tackles pricing and range
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News
Topshop New York opens its doors
Topshop opens its doors today in New York with owner Sir Philip Green telling local reporters it is “the best store we have ever built”.
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News
Waitrose to open in motorway service stations
Waitrose has struck a deal with motorway services operator Welcome Break to open two food shops at its sites.
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News
UK household discretionary spend falling, says Asda
The average UK household had £131 a week of discretionary spend in February, 9.2 per cent less than a year earlier.
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News
Kaupthing Sainsbury's shares sold
Around 27 million Sainsbury’s shares once owned by Icelandic bank Kaupthing were placed in the market yesterday.
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OpinionTesco faces stiff competition
Sainsbury’s is well and truly on the up. Its fourth-quarter like-for-like sales, excluding petrol, were up 6.2 per cent and it is continuing to win new customers.
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News
Value-hungry shoppers power Q4 sales gains at Sainsbury’s
Sainsbury’s chief executive Justin King said the grocer is catering better for customers than some rivals as he revealed strong fourth-quarter sales.
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Opinion
Tesco will find its feet again
With the grocers’ reporting season well under way, all eyes will be on Tesco next month when it reveals its preliminary results.
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News
Next will not discount, despite 14 per cent profit slump
Next has reported a 14 per cent slump in pre-tax profits to 428.8m in its year-end results, but vowed not to change its Sales strategy in line with the rest of the high street.
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News
Today's rent day is 'harshest for 18 years'
Today’s quarterly rent payment will be the harshest for at least 18 years, the British Retail Consortium has warned.
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News
Sainsbury's like-for-likes up 6.2% in fourth quarter
Sainsbury’s has revealed like-for-like sales up 6.2 per cent, excluding petrol, in its fourth quarter as its “universal appeal” continues to draw in customers.
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Opinion
Food suppliers do their bit
Food suppliers are getting a hard time from the grocers over pressure to bring their prices down. While it is essential that prices remain low for shoppers in the downturn, suppliers are doing their bit.
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News
Morrisons to relaunch 500 lines to up stakes in non-food
Morrisons is to relaunch 500 of its home and leisure lines in the second quarter as it seeks to make its non-food range work harder.
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News
Asda clinics to save £2m on staff absence
Asda expects to net 2m of cost savings this year by cutting absentee levels when it rolls out in-store occupational health clinics.
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AnalysisJustin King: Making life taste better for everyone
Sainsbury’s chief executive Justin King talks exclusively to Jennifer Creevy about defying critics and the grocer’s ‘universal appeal’.
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News
Kaupthing takes stake in Mulberry
Kaupthing Bank Luxembourg, a subsidiary of the Icelandic bank, is understood to have bought retail entrepreneur Kevin Stanford’s stake in Mulberry.
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NewsMarc Bolland: Morrisons well positioned for downturn
Morrisons chief executive Marc Bolland has revealed that the grocer is well positioned to steer through the downturn and that it would also succeed when the economy starts to pick up.
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News
Restructuring officer installed at Jessops
HSBC is understood to have placed a chief restructuring officer at Jessops as the downturn continues to take its toll on the camera specialist.

















