All articles by Luke Tugby – Page 117
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NewsAsda suffers 7.5% slump in second-quarter like-for-likes
Asda has suffered its worst ever slump in quarterly like-for-likes as parent company Walmart insisted it was addressing performance “with urgency”.
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NewsJohn Lewis sales fall as hot weather sparks 'challenging' week
John Lewis sales dropped last week as the hot weather drove consumers away from shops during a “challenging” period of trading.
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VideoWatch: The race for Christmas begins at Selfridges and Fortnum & Mason
Selfridges opened its festive shop 144 days before Christmas. As Fortnum & Mason follows suit, what is the need for an early launch?
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NewsPoundland boss O’Byrne offered £2.7m in shares to stay under Steinhoff
Poundland boss Kevin O’Byrne has been offered a £2.7m share package to remain in charge under the ownership of Steinhoff.
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NewsMorrisons sends head office staff into stores to cope with heatwave rush
Morrisons has effectively closed its head office and sent 1,000 extra staff into stores to help cope with a rush of expected customers.
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AnalysisSports Direct chairman Hellawell facing shareholder mutiny at AGM
Sports Direct’s chairman and other directors are facing a mutiny from some of its largest shareholders at next month’s annual meeting.
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NewsSupermarket sales fall below £100bn as price war bites
Supermarket sales have fallen below £100bn for the first time since 2010 as the ongoing price war eats away at grocery revenues.
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NewsRetail footfall drops in July but high streets bounce back
Footfall dipped 0.4% in July, but high streets bounced back from a sluggish June to outperform shopping centres and retail parks.
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NewsMacy’s to shutter 100 stores as second-quarter profits tumble
Macy’s has unveiled plans to shutter around 100 stores and drive investment in its online business following a drop in second-quarter profits.
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NewsSports Direct suffers high staff turnover as one in four workers quit
Almost one in four workers quit Sports Direct last year as pressure mounts on founder Mike Ashley to overhaul working conditions.
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NewsBHS: Top law firm to investigate retailer’s former directors
A leading law firm has been drafted in to help scrutinise the conduct of former BHS directors prior to the high-street chain’s collapse.
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VideoThe Retail Week with Helen Dickinson: July sales, Morrisons and Kingfisher
BRC’s Helen Dickinson joins the team to discuss positive retail sales, Morrisons’ extended deal with Ocado and upcoming Kingfisher results.
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NewsJD Sports to open second store on London's Oxford Street
JD Sports will open a second store on London’s Oxford Street in a bid to grow its portfolio and build further trading momentum.
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NewsWilko poaches Argos exec as it eyes London and Southeast expansion
Wilko has poached Argos retail stores director Anthony Houghton as it gears up for an aggressive push into London and the Southeast.
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NewsStore Twenty One staff accuse retailer of failing to pay wages
Store Twenty One staff have laid bare a retailer allegedly unable to pay employees, who say they are trapped and angry due to their precarious employment.
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AnalysisBrexit: The expert verdict from the KPMG Ipsos Retail Think Tank
Retailers and consumers across the UK continue to face uncertainty as they weigh up the impacts of Brexit. Seven experts give their view.
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NewsPandora UK sales rise as boss of its British business steps down
Danish jewellery retailer Pandora has posted a jump in second quarter UK sales as the boss of its British arm prepares to step down.
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NewsNew organisation launches in bid to rejuvenate British high streets
A new organisation will launch today in a bid to breathe new life into UK high streets as they grapple with turbulent trading conditions.
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AnalysisInfographic: How Mattress Firm and Poundland fit into Steinhoff's jigsaw
Steinhoff has agreed to buy America’s biggest bedding retailer Mattress Firm and is on the verge of bringing value operator Poundland under its umbrella.
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AnalysisAnalysis: Morrisons' extended deal with Ocado - the pros and cons
Morrisons has just renegotiated its deal with online grocer Ocado as the supermarket attempts to grow a profitable ecommerce business.