More on Me + Em – Page 2225
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NewsEtailer Chain Reaction on hunt for out-of-town locations in UK
Northern Ireland-based bikes etailer Chain Reaction Cycles is to open stores in the UK in another example of a predominantly online retailer eyeing opportunities in physical space.
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NewsHalfords posts "robust" performance in tough market
Pre-tax profits for car parts and bike specialist Halfords have fallen 20.4% as sales in its retail division were hit by motorists cutting back on car maintenance.
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NewsSainsbury's set sights on Tesco territory
Sainsbury’s is to continue to target new areas of the UK as it aims to “give people a choice” that isn’t Tesco.
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NewsWHSmith like-for-likes fall 6%
WHSmith has revealed a like-for-like sales slump of 6% in 10 weeks to September 1.
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NewsMorrisons remains cautious as like-for-likes rise 2.4%
Grocer Morrisons has revealed a like-for-like increase excluding fuel of 2.4% in the 13 weeks to October 30, despite conditions remaining “challenging”.
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Aldi Nord to embark on major investment programme
Aldi Nord, the more austere of Aldi’s two main operating companies, is about to embark on the biggest investment programme in its history with plans to refurbish all its European stores.A model unveiled in the Belgian town of Ghent is to serve as the blueprint for the new store design. ...
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Metro halts sale of Real hypermarket operating division
Retail conglomerate Metro has called a halt to the sale of its Real hypermarket operating division for the time being. The plans have been put on hold because of the resignation of Metro chief executive Eckhard Cordes, according to reports.Until recently, UK-based private equity firm Apax Partners had been in ...
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Sale of Galeria Kaufhof in the offing
A sale of Metro-owned department store chain Galeria Kaufhof could be in the offing, as local press reported interest from billionaire Greek investor George Economou.Meanwhile, Nicolas Berggruen, owner of rival department store chain Karstadt, has also tabled a bid, according to reports. It is not known whether Berggruen is interested ...
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OpinionThe right kind of incentives
In today’s ‘me’ world as exemplified by the celebrity culture and institutionalised corporate greed – which allied to bad management has led in the banking sector to the derailing of the global economy – it is very refreshing that the retail industry can set a good example for business.
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NewsSupermarket growth slows as shoppers put off Christmas spree
Growth among supermarkets slowed last month as consumers put off their Christmas shop as they await a raft of festive promotions.
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NewsMultiyork appoints joint managing directors
Furniture retailer Multiyork has appointment Adrian Iles and Oliver Spark as joint managing directors after the departure of executive chairman and chief executive Indira Thambiah last month.
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GalleryIn pictures: Foyles opens Westfield Stratford City store
Bookseller Foyles has opened the doors of its Westfield Stratford City store, showcasing a design which celebrates books by using them within its structure.
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InterviewQ&A: SuperGroup boss Julian Dunkerton and chief financial officer Chas Howes
Retail Week speaks to SuperGroup’s chief executive Julian Dunkerton and chief financial officer Chas Howes following its second quarter update.
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NewsRiver Island to launch standalone shoes and accessories store
Fashion retailer River Island is to launch a new fascia selling only shoes and accessories in Nottingham this month, Retail Week can reveal.
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NewsJohn Lewis launches its £6m Christmas advertising campaign
John Lewis launches its Christmas advertising campaign on Friday which focuses on the anticipation and joy of giving the perfect gift to someone you love.
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GalleryIn pictures: Regent Street Christmas lights switch on
Stars from new 3D family Christmas film, Arthur Christmas, turned on Regent Street Christmas lights last night amid fireworks, illuminating London’s ‘Mile of Style’.
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NewsChannel Islands VAT loophole to be closed in April
The controversial Channel Islands VAT loophole exploited by retailers including HMV, Asda and Play.com is to be closed in April, the Treasury has revealed today.
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NewsSuperGroup warehouse glitch slows sales growth
SuperGroup sales growth slowed in its three months to October 30 as its warehouse glitch takes its toll on sales.
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NewsSainsbury's profits up 6.6% in first half
Sainsbury’s has reported “strong” sales with underlying pretax profit up 6.6% to £354m, excluding gains on property sales.
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NewsComet sold to OpCapita for £2
Turnaround private investment firm OpCapita has bought electricals retailer Comet from owner Kesa for £2.