More on Me + Em – Page 2787
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NewsMothercare protected by overseas presence
Mothercare’s international presence in 50 countries is protecting it from a slowdown in certain markets, chief executive Ben Gordon has said.
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NewsMorrisons’ performance puts it in a ‘different orbit’
Morrisons is confident that its full-year results will come in ahead of expectations as strong trading continued into its second quarter.
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NewsUnited Carpets to rise as Allied Carpets falls
The collapse of all but a rump of the Allied Carpets chain is likely to benefit not just market leader Carpetright but AIM-listed United Carpets.
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NewsRetailers stir FTSE 100 onto impressive gains
Retailers helped the FTSE 100 make its best run of gains in four years on Tuesday, the seventh consecutive day that the index rose.
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NewsNetto cuts prices to drive discount credentials
Danish discount grocer Netto is reducing the price of more than 100 staple products as it seeks to reinforce its low price proposition.
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NewsPerfume Shop pricing helps fend off recession
AS Watson-owned The Perfume Shop has said it is “well positioned” in the recession as it seeks to raise awareness of its value-priced offer.
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Carrefour sales fall
Carrefour, the world’s second-biggest retailer, said second-quarter sales fell 1.2 percent, hurt by weaker western European markets, lower petrol prices and exchange rates.The drop to €23.4bn (£20.1bn) was slightly less than some analysts’ forecasts. Half-year sales were €46.2bn (£39.8bn). Carrefour group chief executive Lars Olofsson described half-year sales as “resilient”, ...
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Schlecker interested in buying Woolworths Germany stores
Chemist Schlecker is understood to be interested in buying some of the stores of insolvent retailer Woolworths Germany. The health and beauty giant would convert the shops to its Schlecker XL fascia.Other retailers interested in snapping up some of the 160 stores are thought to be discount grocers Lidl and ...
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Metro unveils turnaround programme
Metro has unveiled a turnaround programme for its flagging Cash & Carry wholesale business. The turnaround programme is based on three core targets of growth, restructuring and innovation.Metro Cash & Carry said the programme will improve its earnings development and open up additional sales potential. The grocer’s growth strategy includes ...
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Casino reports a 1.9 per cent fall in Q2 sales
Supermarket group Casino reported a 1.9 per cent fall in second-quarter sales, broadly in line with market expectations. Sales were weighed down by lower petrol prices and declines at its French hypermarkets.Second-quarter sales fell to €6.82bn (£5.87bn). The retailer said that underlying sales excluding petrol and calendar effects rose 1.1 ...
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Indian government confirms commitment to protecting smaller retail businesses
The Indian government has confirmed its commitment to protect smaller retail businesses in a move some suggest signals that the retail sector in the country will not be opened further.India’s minister of state for commerce Jyotiraditya Scindia said: “The government is fully committed to securing the legitimate interests of all ...
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Woolworths Australia sets its sights on the hardware sector
Woolworths Australia has set its sights on the hardware sector in an attempt to challenge Wesfarmers. The chain, which tried to buy hardware chain Mitre 10 earlier this year, is reported to be plotting its own entry into the market.Former Harvey Norman executive Richard Champion now manages the retailer’s bulky ...
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NewsOcado.com is making an impression
“Loving the Ocado iPhone app – just did the shopping on the bus,” one Londoner enthused on Twitter last week, just hours after the online grocer launched on the Apple smartphone.
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OpinionNext boss Simon Wolfson excels again
Next boss Simon Wolfson is making a habit of beating expectations. So good has recent performance been that Next brought forward its trading update and upped internal profit forecasts by £30m.
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OpinionFailed retailers rarely manage a comeback
The collapse and subsequent re-emergence of Allied Carpets has prompted a bigger response on Retail Week’s website than any story we’ve ever run – beating the previous record-holder, last month’s pre-pack of Birthdays, by a short head.
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OpinionYou don’t have to follow the herd
In a world where the media and big brands appear to dictate consumer tastes, it is easy for retailers to forget that they can still determine their own destiny.
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OpinionA well deserved second chance?
Should people be given a second chance in business? Some lessons from the comebacks by George Davies and Andy Hornby
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NewsNew Orange formats to focus on service
Mobile phone operator Orange is to trial two new store formats as it seeks to drive a customer service ethos.
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NewsQD unveils new blueprint for stores
Value chain QD Stores has remodelled its Aylesbury shop in Buckinghamshire and will roll out the design to all new stores.
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NewsLakeland on mission to double its portfolio
Homewares retailer Lakeland wants to double the size of its store portfolio within the next five years.