More on Me + Em – Page 2509
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NewsBestseller rules out bid for fashion etailer Asos
Danish retailer and investor Bestseller has ruled out bidding for online fashion specialist Asos.
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AnalysisBringing it all back home
The latest fulfilment services are diverse, from same-day delivery to having an order delivered to another retailer’s store for collection. Liz Morrell investigates the future of home delivery
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NewsVAT rise won’t hurt us, says JD Sports Fashion
JD Sports Fashion expects to feel little impact from the VAT rise in January and has posted a surge in first-half profits.
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NewsKingfisher aims for overseas growth in emerging markets
DIY giant Kingfisher aims to grow by expanding internationally over the next five to 10 years.
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NewsKesa pleases despite Comet concerns
Kesa Electricals, which owns UK chain Comet, posted first-quarter figures last week.
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NewsDunelm profits surge as Adderley passes baton
Value homewares retailer Dunelm reported a profit surge of 46% in its full year as it revealed that Will Adderley, its chief executive of 15 years, will step down.
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NewsSolid updates ensure retail shares pick up
Store shares shifted off the shelf last week as a raft of decent updates - albeit with the usual caveats about prospects - left investors wondering whether retailers had been oversold.
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NewsIn Focus: Findel
For years Findel was a well-respected, profitable home shopping and educational supplies business. Group sales hit £300m in 2002, peaking at close to £650m six years later.
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News
Fiscal cuts spell five-year spending ‘crisis’
The Government’s fiscal austerity programme will create a five-year “crisis” for UK retailers as consumers rein-in spending amid tax rises, wage stagnation and low levels of savings, according to a report that draws lessons from the recessionary experiences of overseas retailers in the 1990s.
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NewsRadley Sings A New Toon
Bags and accessories retailer Radley will unveil a new store design next month when it opens a shop in Newcastle’s Metrocentre.
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NewsLondon’s first designer outlet casts it net
London’s first designer outlet centre started marketing its units to the retail sector this week.
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NewsScS widens appeal with upmarket lines
Sofa retailer ScS is introducing more upmarket brands in an attempt to widen its appeal. The upholstery chain said the move “adds another dimension to the offering”.
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NewsMayhew urges Government to get on with fostering growth
British Retail Consortium (BRC)chairman Luke Mayhew has urged the Government to set out a vision of better times and shift public debate away from spending cuts.
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NewsUK exit on cards for Spanish jewellery chain Tous
Spanish jewellery and accessories chain Tous wants to exit its store on Regent Street and is understood to be mulling the closure of its only other UK store in Westfield London.
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NewsInvestments eat into River Island’s profits
River Island grew its sales nearly 8% last year, but profits fell as the company invested in the business, and trading conditions so far this year have proved challenging.
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NewsAsda and Sainsbury’s rejig own brands in fight for market share
Grocers Asda and Sainsbury’s went head-to-head this week with the relaunch of own-brand ranges.
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NewsLakeland doubles profits as it cuts costs and drives product innovation
Homewares retailer Lakeland, darling of the middle classes, has more than doubled its full-year profits after cutting costs and focusing on product innovation.
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NewsBlue Inc signs finance chief ahead of proposed flotation
New appointment brings public company experience on board as fashion retailer limbers up for IPO
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NewsJohn Lewis: Never Knowingly Undersold... even online
John Lewis has broken new ground by extending its Never Knowingly Undersold price-matching policy to its website.
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AnalysisComing from all directions
The supply chain is one area of any retailer’s business that has had to rise to the challenge of improving its efficiency during the recession.