More on Me + Em – Page 2520
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NewsVacant shops leading to North-South divide
The number of vacant shops increased 13% in the six months to June 30, with regional differences becoming “more apparent than ever”, creating a “clear North- South divide”.
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NewsTesco launches grocery iPhone app
Tesco has launched its first grocery shopping app for the iPhone.
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NewsBhs is latest department store to kick off Sale
Arcadia-owned department store chain Bhs has launched a three-day Sale on autumn stock just days after rival Debenhams marked the arrival of its autumn collection with an in-season Sale.
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NewsTesco tries triple Clubcard points scheme
Tesco has launched a triple Clubcard points scheme for high-spending customers.
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NewsGap collaborates with Valentino
Casualwear chain Gap has joined forces with designer label House of Valentino to launch a womenswear capsule collection.
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NewsArgos performance dents Home Retail profits
Argos owner Home Retail Group expects full-year profits to come in at the low end of expectations after suffering a second quarter sales fall at flagship chain Argos.
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NewsWorld Cup hits sales at HMV
Entertainment group HMV suffered a 14.9% like-for-like sales plunge at its eponymous UK business as the World Cup hit performance.
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NewsMorrisons unveils convenience and online ambitions
Supermarket group Morrisons is to test convenience stores next year and is investigating whether also to begin trading online.
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NewsShareholders approve Dixons name change
DSG International will revert to being called Dixons Retail after shareholders approved the plans at the electricals group’s AGM today.
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NewsBlackwell to shut HQ and hand power to stores
Academic books retailer Blackwell is closing its head office and decentralising power to its individual stores as it creates a new ownership structure.
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Dollar General Q2 sales up 10.8%
Fixed-price retailer Dollar General has reported a sales increase of 10.8% to $3.21bn (£2.07bn), for the second quarter ending July 30.Like-for-likes increased 5.1%, with customer traffic and average transaction amounts contributing to the like-for-like increases. Net income was $145.1m (£93.9m) for the second quarter, compared with net income of $93.6m ...
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NewsIkea eyes Reading for next store
Swedish furniture giant Ikea is preparing a planning application for a new store in Calcot, near Reading. It would be its first store opening in the UK and Ireland in more than a year.
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NewsSir Philip Green: Kate Moss collection ‘lost that edge’
Topshop boss Sir Philip Green has said that the young fashion chain’s collaboration with supermodel Kate Moss had “lost that edge” and its “purpose”.
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Falabella Q2 sales up 19.5%
Retailer Falabella has reported sales of CLP1.09trn (£1.22bn) for the second quarter ended July 31, 19.5% higher than in 2009.The main reason behind this increase in sales was believed to be the recovery in the levels of consumption in South America. profit reached CLP95.5bn (£124.7m), up by 67.2%. ...
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Auchan H1 sales grow 6.8%
Hypemarket operator Auchan has reported that sales grew 6.8% for the first half of 2010 to €20bn (£16.69bn), of which 54% was generated by its international operations. Group like-for-like revenue at constant exchange rates and excluding petrol sales increased 1%.Net profit from continuing operations came to €248m (£207m), up by ...
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South Africa’s Woolworths brings franchises in-house
Department and food store operator Woolworths has announced its intention to bring all franchise operations in-house in its home market. Woolworths chief executive Simon Susman said: “We have come to the conclusion that it is no longer in the best interests of Woolworths for us to operate a local franchise ...
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NewsFood inflation hits one-year high
Food inflation in August hit 3.8%, its highest level for a year, according to the BRC.
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NewsProfits fall at Thorntons
Chocolates specialist Thorntons has posted a fall in full-year profits despite making market share gains.
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Yamada Denki to open small rural stores
Japanese electronics market leader Yamada Denki has announced plans to open smaller stores in thinly populated rural areas in a bid to speed up expansion away from competitive urban centres.The retailer intends to open 10 such stores by early next year. They will have a sales area of about half ...