All articles by Luke Tugby – Page 49
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NewsTesco 'outperforms' grocery rivals with festive sales lift
Tesco has racked up its 12th consecutive quarter of growth as Britain’s biggest grocer said it “outperformed” the market in the crucial Christmas period.
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NewsSteamer Trading Cookshop rescued in pre-pack deal
Steamer Trading Cookshop has been bought out of administration by rival kitchenware specialists ProCook, Retail Week can reveal.
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NewsSainsbury's Coupe: Shoppers 'downtraded' over Christmas
Sainsbury’s boss Mike Coupe said shoppers started “downtrading” over the crucial Christmas period, impacting sales of its premium ranges.
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NewsMorrisons' Potts: Consumers 'more cautious' over Christmas
Morrisons boss David Potts believes consumers became “increasingly savvy” and “cautious” over Christmas as the UK’s Brexit date rapidly approaches.
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NewsTesco and Morrisons launch fresh price offensives
Tesco and Morrisons have launched fresh price salvos as the mainstream supermarket players battle to close the gap to the discounters.
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NewsM&S hires ex-Tesco Clubcard boss Andrew Mann
Marks & Spencer has drafted in the former boss of Tesco Clubcard, Andrew Mann, as its new head of insight and customer loyalty.
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NewsShop price inflation accelerates despite festive discounting
Shop price inflation accelerated at the highest rate for more than five years in December, despite widespread discounting in the build-up to Christmas.
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NewsGear4music cautions on profits despite Christmas sales spike
Gear4music has warned that full-year profits will fall “slightly below” those achieved last year, despite a spike in sales during the crucial Christmas quarter.
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VideoThe Retail Week: Does Next imply a Christmas turkey for stores?
After Next unveiled its Christmas trading figures, the team discuss what the retailer’s update tells us about how the festive season panned out.
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NewsJohn Lewis sales rise in crucial Christmas fortnight
John Lewis & Partners has posted an increase in sales during the final two weeks of December, boosted by a “very strong” Christmas Eve performance.
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NewsTK Maxx owner sues Mike Ashley's Sports Direct
TK Maxx owner TJX is suing Sports Direct amid claims that Mike Ashley’s business breached trademarks through the launch of its Brand Max fascia.
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NewsRetail job losses to hit 164,000 in 2019
More than 164,000 retail jobs will be lost in 2019, the Centre for Retail Research has warned.
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NewsHMV enters administration amid 'tsunami' of challenges
HMV has slumped into administration for the second time in six years, blaming its collapse on a “tsunami” of retail challenges.
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NewsBoots hires Tesco convenience boss as chief operating officer
Health and beauty giant Boots has appointed Tesco veteran Tracey Clements to run its UK and Ireland business, Retail Week can reveal.
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NewsTravis Perkins to ‘review options’ for Wickes
Wickes owner Travis Perkins will “review the options for maximising the value” of the retailer as part of a drive to “simplify” the wider group.
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NewsBlack Friday deals drive sales online in November
A third of all cash spent on non-food products in November was transacted online as Black Friday “cemented” its position as “an increasingly digital event”.
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NewsMike Ashley: High streets in 'downward death spiral'
Sports Direct boss Mike Ashley has urged MPs to “take the bull by the horns” to save British high streets from “a downward death spiral”.
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NewsSainsbury's-Asda would create 'duopoly', Morrisons says
Morrisons has warned competition authorities that the proposed merger between Sainsbury’s and Asda would create “an effective duopoly” in grocery retail.
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NewsFortnum & Mason profits boosted by international sales
Fortnum & Mason has hailed a spike in sales and profits in what it dubbed a “stellar year of growth”.
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VideoWatch: Co-op becomes last grocer to launch Christmas ad
The Co-op has become the last major grocer to launch its Christmas ad as part of a £19m festive giveaway to thousands of communities across the UK.