All articles by Lisa Berwin – Page 44
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DSGi vows to beat the crunch as it posts loss
DSGi chief executive John Browett has been examining the impact of recessions as far back as 1929 to learn lessons about surviving the toughest of times.
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Reiss to review price points as profits fall
Reiss is considering dropping its entry price points as it seeks to attract more customers after suffering a fall in UK operating profit.
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Amazon launches digital download offer
Amazon has launched its long-awaited digital music download service, Amazon MP3.
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New rates bill could increase retailers' costs further
Retailers could be facing new tax costs from local authorities who use powers they are set to gain under the Business Rates Supplements Bill which was announced after the Queen’s Speech today.
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Uniqlo mulls UK and US acquisitions
Japanese fashion retailer Uniqlo is understood to be looking for acquisitions in the UK and the US.
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VAT cut fails to drive shoppers online
VAT reductions on Monday failed to drive bigger sales or traffic for retailers online.
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OFT probes Sports Direct and JJB
The Office of Fair Trading is examining whether a merger between JJB Sports and its rival Sports Direct is on the cards and whether any such merger would need to be referred to the Competition Commission.
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Republic EBITDA soars
Fashion retailer Republic has reported a rise of over 30 per cent in EBITDA to 17.2 million for the year to January 27.
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Trading below expectations at Stylo
Shoe retailer Stylo has continued to be hit by tough conditions on the high street, announcing today that trading in the four weeks since October 31 had been below expectations.
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Park Group pre-tax losses narrow
Christmas hamper specialist Park Group has reduced its pre-tax losses by 17 per cent to 3.2 million in the six months to September 30.
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JD Sports Fashion like-for-like sales slow
Like-for-like sales at JD Sports Fashion have been hit by the difficult economic climate and strong comparatives from last year.
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Barclays appoints Grant Thornton to JJB Sports
Barclays Bank has appointed Grant Thornton to advise it on JJB Sports’ future plans as the retailer revealed this morning that it has exchanged the contracts for four of its stores to Sports Direct.
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Land of Leather confirms interest in business
Land of Leather has confirmed that it has received a number of expressions of interest to buy its furniture retail business.
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Reiss sales rise as profits dip
Fashion retailer Reiss has revealed sales growth of 18 per cent to 67 million for the year to January 31.
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JD Sports mulls bid for rival JJB
JD Sports Fashion is said to be considering a bid for rival JJB Sports.
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NewsWoolworths circled by potential buyers
Potential buyers have come flooding in for both Woolworths’ stores and for the business as a whole.
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Consumer confidence still poor in November
Customer confidence has improved slightly but still remains low, the latest GfK NOP Christmas survey data shows.
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John Lewis slashes prices to match House of Fraser Sale
John Lewis has become the latest retailer to slash its prices, offering 25 per cent off branded goods to match prices at House of Fraser’s two-day Sale which began on Thursday.
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Findel profits up
Home shopping group Findel has reported a total pre-tax profit of 5.7 million in the six months to September 30, up from 2.5 million the year before.
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Sir Tom Hunter will not bid for Flying Brands
Retail billionaire Sir Tom Hunter has dropped his bid to buy multichannel retailer Flying Brands.