All articles by Lisa Berwin – Page 53
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Wrapit boss proposes deal with Debenhams and Liberty
Debenhams and Liberty have been approached to set up a voucher scheme to help couples set to lose out on their wedding gifts after the collapse of Wrapit this week.
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Spending on school meals and uniforms soars
The cost for UK families of sending a child to school soared to 1,077 for the past school year to June.
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Ikea enters mobile phone market
Swedish furniture retailer Ikea has joined retailers such as Asda and Tesco by offering a mobile phone service.
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NewsPeacocks to refinance debt
Value fashion chain Peacocks is reportedly in talks with banks over refinancing its debts.
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Tillman shows interest in Austin Reed
Jaeger boss Harold Tillman has been linked to a possible bid for fashion chain Austin Reed.
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Thorntons retail director steps down
Thorntons retail director Dominic Prendergast has left the business and its board after seven years with the confectionary retailer.
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John Lewis sales hit by hot weather
John Lewis department stores suffered a drop in sales after warm weather last week kept customers away from its shops.
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Flying Brands profits plummet
Pre-tax profits at multichannel retailer Flying Brands have more than halved in the 26 weeks to June 27, falling to 1.2 million.
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Kingfisher agrees sale of Castorama Italy
DIY giant Kingfisher has agreed to sell its Castorama Italy business for €560 million ( 440 million) to French home improvement retailer Groupe Adeo.
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Wolfson: end quarterly rents now
Next chief executive Simon Wolfson has hit out at landlords, arguing that rental payment terms need to “come in line with the times”.
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Asda slashes petrol prices again
Asda has charged ahead in the petrol price war, slashing its prices by 2p for unleaded petrol and 4p for diesel across all of its forecourts with effect from tomorrow.
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Next sales fall
Like-for-like sales at Next fell 6 per cent in the 26 weeks to July 26, with total sales across the group down 1.8 per cent.
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Dunelm buys Dorma for £5 million
Homewares specialist Dunelm has bought bedlinen and soft furnishings brand Dorma for 5 million.
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Otto picks UK chief
Multichannel retailer Otto has appointed Koert Tulleners as chief executive to head its UK operations.
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Government threatens to call time on free plastic bags
Supermarkets have been warned that they must cut the number of plastic bags they distribute by 70 per cent by spring 2009 or be forced to start charging for them.
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Rose’s dual role under fire again
The backlash over Sir Stuart Rose’s dual role of chief executive and executive chairman at Marks & Spencer faces renewed opposition, this time from the Local Authority Pension Fund Forum (LAPFF).
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John Lewis Sale drives trade
Department store chain John Lewis’s sales were in positive territory for the second week running, helped by the clearance of Sale items.
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All eyes are on Next as mid-market fears rise
The City will seize upon fashion retailer Next’s second-quarter update on Wednesday for signs of how bad high street conditions are.
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Landlords back BRC campaign to help struggling retailers
Landlords have hit back at criticism from retailers by backing a campaign by the British Retail Consortium to help struggling retailers during the economic downturn.
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United Carpets profits soar
United Carpets has shrugged off difficult trading conditions, increasing pre-tax profits by 46.8 per cent to 1.51 million in the year to March 31.

















