More on Me + Em – Page 2805
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NewsIrish upward-only rent review ban introduced
Ireland’s Justice Minister Dermot Ahern is to ban the use of upward-only rent reviews from the end of this month for all new retail leases.
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NewsNext celebrates 21 years of Next Directory with model search
Next is celebrating 21 years of its Next Directory with a nationwide search for a new fashion model.
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NewsRevived Diamonds & Pearls picks up accessories brand Johnny Loves Rosie
Jewellery retailer Diamonds & Pearls, which was rescued from administration earlier this year by a consortium of jewellery suppliers, has bought cult accessories brand Johnny Loves Rosie.
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NewsFurniture Village buys World of Leather name
Furniture Village has bought the World of Leather brand name to bolster its top-end offer.
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NewsBack to school with Bhs
Bhs has launched a dedicated shopper service in the highly competitive back to school market.
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NewsMary Portas series will take on non-fashion
“Queen of Shops” Mary Portas wants to apply her trouble-shooting skills to struggling non-fashion retailers in a third series of her BBC2 programme.
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NewsWickes and B&Q go head to head in summer TV campaigns
DIY rivals Wickes and B&Q are battling for customer spend with the launch of ad campaigns.
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NewsLagging Waterstone’s fails to dampen resurgent HMV
Entertainment group HMV impressed the city with improved profits, despite difficulties at its Waterstone’s books chain.
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NewsAsos’s staggering growth expected to slow
Heavy high street discounting and unemployment among younger shoppers is likely to slow the meteoric growth of Asos.
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NewsBeales plots ‘aggressive’ strategy to regain profits
Beales is confident of returning to profitability when the recession abates after outlining its strategy to see it through the downturn.
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NewsInstore losses more than double
Losses at mixed-goods retailer Instore have more than doubled from £2.2m to £5.8m. Like-for-likes fell 0.8 per cent in the year to February 28 and the total was down 0.3 per cent to £295.8m.
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NewsPromising updates lift general retail stocks
Encouraging weekly numbers from John Lewis, hopes that Marks & Spencer’s first-quarter update would beat bearish expectations and a profits rise at HMV helped lift general retailers.
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NewsNew Look and Next take over Ballymena Bhs
Fashion retailers New Look and Next have signed to take space in the former Bhs store in County Antrim, Northern Ireland.
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NewsItaly’s Jfour jean brand kicks off UK offensive
Italian designer jeans brand Jfour is to open its first UK standalone shop tomorrow and is gearing up for a rapid expansion in this country.
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NewsEast of England Co-op to sell non-food stores
The East of England Co-operative Society is to sell the majority of its non-food stores as it seeks to offload most of its department and home stores business to Vergo Retail.
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Sobeys reveals net profit hike
Grocer Sobeys has revealed a net profit hike of 21.1 per cent to C$226m (£118m) in the year to May 2.Like-for-like sales increased 5.2 per cent while total sales climbed 7.2 per cent to C$14.76bn (£7.7bn) as a result of new stores and extensions, as well as sales and ...
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Colruyt’s pre-tax profits rise
Discount grocer Colruyt’s pre-tax profits rose 8 per cent to €549m (£467m) in the year to March 31, missing forecasts of €559m (£475m). Total sales increased 11.2 per cent to E6.3bn (£5.35bn), in line with forecasts.The retailer said: “Despite the economic crisis the Colruyt Group continues to invest in future ...
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Retail sales drop in Japan again
The country’s retail sales dropped 2.8 per cent in May – the ninth consecutive monthly slip. Analysts had forecast a 2.6 per cent decline. Falling wages and rising unemployment have resulted in consumers tightening their purse strings. The jobless rate rose to 5 per cent in April – the highest ...
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Meijer to test a smaller format grocers in Chicago suburb
Meijer is to test a smaller format grocery-focused shop in the Chicago suburb of Niles.The 102,000 sq ft shop is about half the size of most Meijer supercentres and will open in the first quarter of 2010. Alongside grocery, it will also have a pharmacy and some general merchandise. The ...
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Brian Dunn officially takes up Best Buy chief executive role
Brian Dunn has officially taken up the position of chief executive of Best Buy. Dunn, a 24-year veteran of the consumer electronics retailer, had been the president and chief operating officer. He succeeds Brad Anderson, who served as Best Buy’s vice-chairman and chief executive for seven years.Dunn joined Best Buy ...