More on Me + Em – Page 2735
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NewsBorders secures gadget tie-up in non-book drive
Struggling Borders UK’s non-book products, including toys, gifts and snacks, are poised to account for half the bookseller’s sales after signing a tie-up with gadget retailer Red5.
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NewsHabitat chief puts date on profitability return
New Habitat chief executive Mark Saunders expects to return the furniture and homewares chain to profitability within three years.
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NewsB&Q wins landlord concession to cut rent on seven larger stores
B&Q has secured a 10% reduction in rents for seven of its warehouse-format stores in a deal with landlord British Land.
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NewsMarks & Spencer poised for online expansion to hit etail targets
Marks & Spencer is expected to reveal online expansion plans on Tuesday, when it is holding a strategy day for investors.
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NewsAmazon.com to launch e-reader
Amazon is to shake up the books and fashion markets ahead of Christmas with the international launch of its Kindle e-reader and a new clothing outlet.
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News‘Family-friendly’ Ann Summers to open in key shopping centres
Ann Summers is to open in Westfield and Bluewater shopping centres as its new, more discreet store look makes the sex toys and lingerie retailer more acceptable to once-wary malls.
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Alworths ‘will break even’ in first year
Alworths, the variety chain set up by former Woolworths director Andy Latham, expects to break even in year one of trading.
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NewsFirst Quench hit by departure of acting chief exec
First Quench Retailing’s acting chief executive and financial director Martin Healy has resigned and owner Vision Capital’s Johan Van de Steen has taken the helm.
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NewsIndustry mourns Keith Wills
Keith Wills, one of the leading retail analysts of his generation and long-standing contributor to Retail Week, has died after a long illness.
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NewsNational postal strike threat plagues etailers
A national postal strike would be “devastating” for some home shopping firms and local strikes in progress have already caused problems, retailers warned.
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NewsGadgetshop launches offline ad assault
Etailer Gadgetshop.com has launched its debut offline advertising campaign to bolster sales in the run-up to Christmas.
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NewsTJ Hughes results spur expansion plan
Discount department store operator TJ Hughes is pushing ahead with expansion after it reported turnover increased 9.1% to £261.3m in the year to January 31.
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NewsLand Securities retail venture to bring 10 overseas brands to UK
Property company Land Securities’ new retail offshoot Brand Empire is in talks with 10 international retailers about introducing them to the UK.
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NewsRetailers’ self-help initiatives to stave off gloom until 2011
Retail profitability may “surprise on the upside” next year but 2011 will be a “crunch year”, according to sector-wide analysis by brokers.
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NewsPotential Pets at Home IPO whets City appetite
Pets at Home’s possible float next year is likely to generate strong interest from the City, according to analysts.
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NewsFrench Connection axes Japan stores to stem loss
French Connection is to close its stores in Japan and intends to hand the operation over to a licensee in a bid to stem haemorrhaging losses at the division.
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NewsMarks & Spencer operating costs hike hits shares
Marks & Spencer’s shares fell 4.4% as the City digested last week’s second-quarter update.
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NewsSir Terry Leahy’s cheer fails to rub off on brokers
Appetite for food retailers remained poor, despite bullish comments from Tesco chief executive Sir Terry Leahy as he delivered interim results.
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Manufacturers sign to product reviews network
Reevoo has added consumer electronics brands Toshiba, Hotpoint and Sharp to its network of retailers and suppliers who use its service to publish product reviews on their sites.
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NewsCo-op overhauls IT in Somerfield integration
Co-operative Group is to spend £25m on a project to fully integrate the Somerfield business, including major IT system changes.