More on Me + Em – Page 2112
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OpinionBT Retail Week Technology Awards: Judgement day
All retail technology projects are not created equal.
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NewsAquascutum acquired by YGM Trading for £15m
Aquascutum has been bought out of administration by YGM Trading for £15m, ensuring the future of the UK business.
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AnalysisSupergroup: What the analysts say
Brokers and analysts remain cautious about the fashion retailer following flat like-for-like sales and an accounting “arithmetic error”, but hope new maangement will instil confidence.
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NewsDixons profits to come in at top of range
Profits at electricals group Dixons are expected to come in at the top end of expectations and the retailer’s new financial year has begun strongly.
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NewsSuperGroup records "disappointing" fourth quarter
Like-for-like sales at SuperGroup were flat in a fourth quarter chief executive Julian Dunkerton described as “disappointing”.
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NewsStore closures loom at Clinton Cards
Buyers circle as Clinton Cards follows Game and Peacocks into administration.
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News
Grocer Delhaize reports operating profit dip
Grocer Delhaize reported sales up 5.9% to E5.5bn (£4.48bn) for the first quarter of 2012 but underlying operating profit dropped 16.9% to E189m (£153.8m).In the US, sales were down 1.2% to $4.6bn (£2.84bn), corresponding to a dip of 0.6% in like-for-likes.At the end of March, Delhaize operated 1,541 shops in ...
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News
El Corte Inglés to expand new Supercor Exprés fascia
El Corte Inglés is to expand the new Supercor Exprés neighbourhood fascia by rebranding a number of Opencor convenience stores to the banner. The decision follows the recent integration of Supercor and Opencor fascias under one management team.The retailer has decided to rebrand around 10 Opencor stores in the Madrid ...
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NewsMaplin poaches new multichannel boss from Comet
Maplin has poached a senior Comet executive to become its first multichannel director as it bolsters its top team ahead of an eventual sale.
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NewsThorntons pins hopes on British-branded Jubilee range
Embattled chocolatier Thorntons is putting its hopes on the Jubilee to avoid its traditional summer slump.
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NewsKing: Sainsbury's has the edge in the grocery market
Sainsbury’s boss insists the retailer is leading the way on quality and service.
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OpinionHMV's fortunes are looking up
Entertainment group HMV’s shares were top of the pops last week as it flagged a likely return to profitability this financial year.
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OpinionFrench retail: Vive la différence
The view, admiringly or not, that the French differ intractably from their neighbours, is enshrined in cliche.
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News
Harvey Norman posts profit warning
Harvey Norman posted a profit warning following disappointing results in the first nine months of 2011. Unaudited preliminary accounts for the period indicate profit before tax of Aus$204.8m (£129m), a drop of 24.8% compared with the prior year period.The retailer said its technology categories continue to be affected by a ...
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NewsBetter Capital says changes will rejuvenate Jaeger
Premium fashion retailer Jaeger’s new owner Better Capital is focusing on tackling logistics issues to put more stock into stores as it seeks to conclude a business review of the retailer by the end of the summer.
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NewsClinton Cards folds into administration, 8,000 jobs at risk
Struggling greetings card retailer Clinton Cards has collapsed into administration, putting around 8,000 jobs at risk as store closures look imminent.
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NewsReiss hires ex-Cocosa boss Milligan as trading director
Reiss has hired former Cocosa managing director Gwynn Milligan to the newly-created role of trading director.
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OpinionNick Bubb's verdict: The demise of Clinton cards
High street retailers that are losing money and have a lot of debt need the support of their banks, their suppliers and their landlords to keep going.
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NewsNew Look close to deal on debt terms
Fashion retailer New Look is poised to take another step forward in its refinancing, it is understood.
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OpinionGrocery adjudicator will lead to conflict not conciliation
In the form of the Groceries Code Adjudicator, the government has conjured up another way to heap needless pressure on the already embattled food retail sector.