More on Me + Em – Page 2791
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NewsEmbattled Focus strikes Carpetright concessions deal
Focus, which is awaiting confirmation of continued support from its banks, has struck a deal with Carpetright for the floor coverings specialist to open concessions in its stores.
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NewsRetailers’ Sale discipline returning, says Burberry
Burberry has said fewer retailers on the high street have started their Sales early this year, pointing to the emergence of better price discipline.
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NewsWyevale head poached for Hamleys restructure
Hamleys has poached Wyevale head of home Laura Olver as part of a restructure of the business.
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Former Baugur investments boss Jeff Blue mulls return to retail
Former Baugur head of retail investments Jeff Blue has registered a company, Aspiring Capital Partners.
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NewsThreshers owner hit by another departure
Struggling Threshers owner First Quench Retailing has suffered a further blow as its head of supply chain left the retailer.
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NewsGovernment considers business rates relief fund
The Government has launched a consultation process on a £2bn relief scheme for businesses, including retailers, affected by next year’s business rates revaluation.
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NewsAbel & Cole to cast net wider with site revamp
Online organic grocer Abel & Cole has overhauled its website to attract more customers.
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NewsAsda extends schoolwear guarantee
Asda is offering shoppers a 100-day money-back guarantee on its George school uniforms in an attempt to prove the quality of its products.
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NewsThe Entertainer hires ex-Woolworths man
Toy chain The Entertainer has appointed former Woolworths head of retail operations Nick Hargreaves to the same position.
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NewsJysk prepares for UK expansion after improving business model
Danish furniture retailer Jysk is poised to roll out more UK stores after resolving teething problems at its operations here and bolsters its management with a head of buying from Next.
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NewsEarnings upgrades in sight as retail sales hold their own
The City took heart at better than anticipated retail sales in June, raising the prospect of sector upgrades.
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NewsDunelm impresses City with sales jump
Homewares retailer Dunelm impressed the City with higher than expected second-half sales and ambitions to open more stores in the financial year.
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NewsPrimark outperforms as Arthur Ryan prepares to exit
Primark has once again outperformed the wider fashion market, recording a 20 per cent uplift in sales in the 40 weeks to June 20.
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NewsStrong range helps Next in Q2
Next is performing ahead of expectations and should deliver a strong second-quarter trading update when it reports at the end of the month, broker Singer Capital Markets believes.
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NewsGeneral retail stocks outshine the index
General retailers performed strongly over the week, putting food stocks and the All-Share index in the shade.
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NewsPlans unveiled for retail scheme to revive Harlow
Ambitious plans for a 1.3 million sq ft retail-led regeneration scheme at Harlow in Essex have been unveiled ahead of the submission of a formal planning application.
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Carrefour and El Corte Inglés ask staff to delay summer holidays
Carrefour and El Corte Inglés are asking their staff to delay their summer holidays in order to avoid hiring temporary staff over the busy summer months.French retail giant Carrefour wants staff to opt to take holiday in October and November, according to trade union sources.Spanish department store El Corte Inglés ...
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Staff recommend Aldi Sud increases branded products
Staff at discount grocer Aldi Sud have “strongly recommended” that the retailer should increase its range of branded products, according to German press reports.The discount grocer – split into two companies in Germany, Aldi Sud and Aldi Nord – is reported to have suffered a 5 per cent fall in ...
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X5 Retail Group reports strong first-half sales
X5 Retail Group has reported strong first-half sales, lifted by the performance of its price-led Pyaterochka shops.The grocery group’s consolidated net retail sales soared 46 per cent in local currency to RUR130.91bn (£2.48bn) or 6 per cent in dollars. Retail like-for-likes climbed 12 per cent year on year in local ...
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Suning poised to buy stake in Laox
China’s second largest home appliance chain Suning is poised to buy a ¥800m (£5.4m)stake in struggling Japanese consumer electronics retailer Laox. Suning will acquire 66.7 million shares at ¥12 (8p) a share. The deal will give it a 27 per cent holding, making it Laox’s largest shareholder. A formal arrangement ...