More on Me + Em – Page 2175
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NewsFrench Connection issues profit warning
French Connection has issued a profit warning, downgrading its pretax profit from £5m for the year January 31 to £4.7m, which includes a one-off exchange gain of £700,000.
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NewsThe Works reveals new chief executive and strong Christmas performance
Discount bookseller The Works has revealed a strong Christmas trading update as its “great value and exciting products” attracted customers.
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NewsOpCapita completes acquisition of Comet
Private equity firm OpCapita has completed its acquisition of Comet from electricals group Kesa.
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NewsClintons 'sings it with love' for Valentine's Day
Clintons is organising choirs to sing songs to competition winners’ loved ones as part of its personalised Valentine’s Day campaign.
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NewsWHSmith boss Kate Swann sells £2.3m worth of shares
WHSmith chief executive Kate Swann sold more than £2.3m worth of her shares, triggering a 22p drop in the retailer’s share price to 537p yesterday.
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NewsAsda property chief leaves following shake-up
Asda’s property boss Steve Masters is leaving the grocer following an overhaul of its property and retail development.
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Opinion
PCI – buy now or pay later?
With clarification on Point to Point Encryption (P2PE) now out, it’s clearly a solution that could make compliance easier for most. But is there a sting in the tail?
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NewsGame granted breathing space by banks
Game has been granted breathing space by its banks after they agreed to revise the terms of the game specialist’s banking facilities.
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NewsElectricals fuel John Lewis sales rise
A strong performance in electricals fuelled a good week for John Lewis with sales up 8.9%.
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News
Inditex opens first Zara store in Peru
Inditex has opened its first Zara store in Peru in the capital, Lima. The shop is in the Jockey Plaza shopping centre, has a sales area of 19,375 sq ft and stocks collections produced for the southern hemisphere.
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News
Netflix bounces back from difficult year
Netflix bounced back from the difficulties it faced last summer to report strong revenue growth and an increase in subscriptions for its fourth quarter ended December 31, 2011.During the period, the entertainment provider posted a 47% surge in revenue to $876m (£558m), although net income declined 13% to $41m (£26m). ...
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News
JC Penney unveils transformation strategy
JC Penney has unveiled a transformation strategy under which it will overhaul its pricing, merchandise and presentation.The department store group plans to update its entire store portfolio by 2015. Under the retailer’s new ‘Fair and Square’ pricing initiative tiered pricing consisting of ‘Everyday’ regular prices will be introduced, ‘Month-Long Values’ ...
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Analysis10 ways to compete with Amazon
Amazon’s sales growth this week showed that the etailer continues to power on. It commands respect from retailers, but its relentless expansion also generates fear. We assess how retailers can best compete with the digital Goliath. Gemma Goldfingle and Alex Lawson report.
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NewsBoots faces legal action in Mini Mode fashion row
Health and beauty giant Boots is being sued for £5m in a legal case centred on changes to its childrenswear offer.
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NewsGeneral retail flat as food groups suffer
General retailers trod water over the week in a flat market, but food groups underperformed as investors continued to fret about supermarket prospects and Kantar data showed the grocery market growing below the rate of food price inflation.
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NewsHamleys makes child’s play of trading as it posts record sales
Toy retailer Hamleys is set to post record annual sales after it notched up strong Christmas trading.
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NewsAsda tops perception of value, ICM poll reveals
Asda’s reputation for value dwarves that of its rivals, despite Tesco’s Big Price Drop marketing push.
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NewsHeathrow Terminal 2 retail tender takes off
Bosses of retailers including Harrods, Hamleys and Hugo Boss attended the launch of the tender process for the revamped retail offer at Heathrow Terminal 2 last week.
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News‘Parasitic’ own-brands face scrutiny
Retailers could face tough financial sanctions on own-brand products under proposals from the European Commission’s Internal Market and Services Directorate General (DG Markt).