More on Me + Em – Page 2544
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NewsSuits You owner in line for £17m financing
Suits You parent company Baird Group has been given £17m financing from financial services company GE Capital, according to reports.
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NewsBenetton profits jump in first half
Benetton net income increased from €29m (£24m) to €40m (£33m) in the first half of 2010, as a focus on higher value products drove sales.
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NewsCo-op to lay off 872 Somerfield HQ staff
The Co-operative Group is to lay off 872 Somerfield staff with the closure of its head office in Bristol by next year.
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OpinionBikes, free wi-fi and nude women
If you want to see unlikely retail couplings, head to London’s East End
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NewsThe Works to be sold for £80m
The Works is set to be sold for about £80m after its owners implemented a quick turnaround of the discount bookseller.
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Arnotts to retain Richard Nesbitt as chairman
Irish department store Arnotts is expected to retain barrister Richard Nesbitt as chairman if the European Commission rules that the Anglo Irish Bank and Ulster Bank can take control of the business..
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NewsChanel pays record fee for Bond Street store
Luxury brand Chanel has paid a record sum to secure Bond Street premises for a UK flagship store.
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NewsBoost for Ocado as Fidelity buys stake
Ocado has been given a boost as it has emerged that Fidelity, one of the world’s largest fund managers, has taken a 13% stake in the business.
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NewsLipsy follows Next in selling rival brands
Next-owned young fashion brand and retailer Lipsy is to broaden its offer by selling third-party brands on its website and in stores.
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NewsJohn Lewis posts weekly sales rise of 8.2%
Sales at department store chain John Lewis rose 8.2% last week to £52.6m, helped by a strong showing from home lines.
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NewsConsumer confidence falls for fifth month in a row
Consumer confidence worsened for the fifth consecutive month in July, fuelling fears of a return to recession.
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NewsDixons ditches a ‘plethora’ of own-brands to refresh line-up
Electricals retailer wants to simplify its own-brands to focus on ‘good’, ‘better’ and ‘best’ price points
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NewsNew Look director Lex Gemas exits following float delay
New Look chief operating officer Lex Gemas has exited the value fashion chain after little more than a year at the business.
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Retail revealed as the UK’s top creator of jobs
Retailers created more jobs proportionately than any other sector of the economy during the recession, and the trend has continued since the recovery started.
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NewsFrench Connection site ratings strike a chord
French Connection has said that it has reduced returns and improved customer engagement with the launch of ratings and reviews on its website this month.
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TJX to launch Marshalls in Canada
TJX Companies, the TK Maxx owner, is to launch its Marshalls chain in Canada next year with the opening of six stores by spring 2011. The company said that it is not ready to announce the locations of the stores, but the Greater Toronto area is believed to be a ...
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Loblaw Q2 sales up 1.2%
Grocery retailer Loblaw has reported that sales rose 1.2% to C$7.3bn (£4.57bn) for the second quarter to June 19. Like-for-like sales declined 0.3%, marking the third consecutive quarter of negative like-for-like growth. Operating income increased 1.9% to C$330m (£207m) while net earnings declined 8.6% to C$180m (£113m)…
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Rewe explores Bipa launch in Romania
Rewe Group is examining Romania and other central and eastern European markets for the potential launch of its Austrian Bipa drugstore concept. According to a company’s spokesperson, Rewe Group cannot unveil any detailed plans as “they do not yet exist”. Bipa is currently present in Austria, Italy and Croatia.
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X5 seeks approval to acquire Kopeika
X5 Retail Group has applied to the Federal Anti-Monopoly Service to acquire Moscow-based retailer Kopeika and its subsidiaries, the authority has said. X5 Retail Group chief executive Lev Khasis said the application was “a technicality”, necessary for future merger negotiations. Kopeika, which is owned by Uralsib bank head Nikolai Tsvetkov, ...
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NewsRohan revamps format as it eyes store growth
Outdoor clothing retailer Rohan is ramping up its growth plans and launching a revamped format as it aims to expand its customer base.