More on Me + Em – Page 2694
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NewsHMV confident about Christmas as losses narrow
Entertainment retailer HMV made a first half pre-tax loss of £24.9m, compared with £27.5m last year, after a “weak” performance at Waterstone’s.
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NewsLaithwaites to open Vinopolis flagship
Wine merchant Laithwaites Wine wants to up its brand profile with the opening of a flagship London shop and the relaunch of its website next year.
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NewsPaperchase eyes 200 stores despite Borders collapse
Paperchase has insisted it will remain largely unaffected by the administration of Borders UK despite operating 38 concessions in the collapsed chain.
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NewsBoots brand will span the globe, says Stefano Pessina
Alliance Boots executive chairman Stefano Pessina has vowed that the Boots brand will be sold in all the major countries in the world within five years.
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NewsUS fashion giant Forever 21 in Westfield Stratford store talks
US fashion giant Forever 21 is on the verge of signing its first deal for a UK store in Westfield Stratford as it unveils its intentions to build a major European presence.
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NewsTesco upbeat despite sluggish like-for-likes
Tesco remains confident the economy is in recovery despite slower than expected UK like-for-likes.
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NewsHilco-backed buyout on the cards at Habitat
The management of Habitat is understood to be close to securing a buyout of the furniture retailer.
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Dyson creates pop-up shop at Bluewater
Upmarket vacuum cleaner brand Dyson has opened its first bricks-and-mortar shop, with a 1,200 sq ft pop-up store at Bluewater that opened yesterday.
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NewsTesco veteran John Gildersleeve to be New Look chairman
Tesco veteran and chairman of Carphone Warehouse John Gildersleeve is expected to bring extensive City experience to his new position as chairman of New Look.
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NewsWaitrose online forum to offer festive aid
Waitrose has launched an online forum to help shoppers cope with festive Christmas catering worries.
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NewsHalfords upbeat on festive prospects
Halfords is hopeful of a strong Christmas trading period as it ramps up its multichannel marketing.
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NewsChristmas voucher specialist Park Group sees market revival
Christmas savings and voucher specialist Park Group has posted year-on-year interim sales up 6% for the six months to September 30 and revealed orders for Christmas 2010 are “well ahead of last year at this stage”.
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NewsSoaring B&Q UK and Ireland profit helps propel Kingfisher
Kingfisher’s group retail profit soared 28.3% to £227m in its third quarter, helped by strong performances in the UK and Ireland, and Poland.
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NewsGame sales dive despite share growth claims
Game’s group like-for-likes slumped 15.1% in the 44 weeks to December 5, but the retailer claimed it had continued to take market share.
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NewsFindel focuses on debt reduction as profits sink
Home shopping and educational supplies specialist Findel suffered a sharp drop in operating profits and made an overall loss due to debt refinancing for the six months to October 3, as the retailer sought to stabilise the business.
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NewsCarpetright set for record UK sales
Floor coverings retailer Carpetright is expected to announce strong interim results on Tuesday following its most recent trading update for the 12 weeks ended October 24, which showed group sales up 10.3%, while like-for-like sales rose 5.6%.
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NewsGame shares battered as like-for-likes crash
Disappointing BRC sales figures for November led to general retail shares underperforming the overall market, although the grocers did better. Like-for-likes were up just 1.8% over the month, hit by mild weather affecting clothing sales and falling food price inflation.
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NewsLaunch of video catwalk lifts sales at My-wardrobe
Online fashion etailer My-wardrobe has launched a video catwalk function for its site and from next year its customers will be able to create and view their own bespoke catwalk shows, by designer, category or trend, through video tagging.
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NewsTraffic-free Oxford Street and Regent Street a success
More than £200m in sales were predicted for last Saturday along Oxford Street and Regent Street in London as the district welcomed over 2 million shoppers for the West End’s fifth traffic-free VIP (Very Important Pedestrians) Day.
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Colruyt Group increases revenue by 7.1%
Grocer Colruyt Group increased revenue by 7.1% to €3.32bn (£2.95bn) in the first six months of its 2009-10 financial year.Operating profit climbed 7.8% to €229m (£204m), resulting in a stable EBIT margin.Profit margins were affected by increased labour costs resulting from wage inflation.The Colruyt fascia achieved revenue growth of 6.6%, ...