All News articles – Page 1207
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NewsUPDATED: Jessops collapses into administration, store closures expected
Jessops has collapsed into administration with PwC appointed as administrator, as tipped by Retail Week this morning.
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NewsPlay.com to shut down retail business
Play.com is to shut down its retail business to become a marketplace in March.
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NewsH&M's new brand & Other Stories to launch on Regent Street
H&M is to launch its first global stores for new brand & Other Stories this spring, which will include a flagship on London’s Regent Street.
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NewsTed Baker posts "good" Christmas as retail sales surge 20.9%
Premium fashion brand Ted Baker experienced a 20.9% surge in retail sales over Christmas and has appointed the Football Association’s chairman David Bernstein.
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NewsNielsen inks deal with Profitero
Market information service Nielsen has signed a deal with price monitoring firm Profitero.
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NewsFood price inflation eases
Food price inflation fell in December as a result of competition in the grocery sector and easing commodity prices.
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NewsFat Face posts record Christmas as sales jump 11%
Active clothing retailer Fat Face posted a record Christmas with sales up 11% in the five weeks to January 5.
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NewsPhones 4U Christmas like-for-like sales surge 15.8%
Phones 4U retail like-for-like sales soared 15.8% in December following momentum built up over a strong year.
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NewsSainsbury's Christmas like-for-likes up 0.9%
Sainsbury’s has posted like-for-like sales excluding petrol up 0.9% for the 14 weeks to January 5, and delivered what it said was a record-breaking Christmas.
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Jumbo Supermarkten posts sales increase
Dutch grocery retailer Jumbo Supermarkten posted sales of E6.96bn (£5.66bn) for financial 2012. Turnover at Jumbo stores rose 31.7% to E3.23bn (£2.62bn.The rapid increase was mainly generated by its acquisition of competitor C1000, which raised the store count of its Jumbo-bannered shops from 263 to 309.Like-for-like sales growth was 2.7%. ...
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Edeka to sell minority stake in Netto
Co-operative grocer Edeka is selling its 25% minority stake in discounter Netto in Germany to majority holder Dansk Supermarked, effective as of December 31.Edeka chief executive Markus Mosa said: “We are realigning our strategic focus on independent retailing and on companies in which we can hold operational responsibility.”
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German retailer Schwarz Group outlines plans for Bulgaria
German retailer Schwarz Group has outlined plans for Bulgaria. The hypermarket and superstore business plans to open just two to three new locations in calendar 2013, in addition to the imminent launch of a store in Sandanski, near the Greek and Macedonian borders.Schwarz Group operates 63 Lidl discount stores and ...
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7-Eleven purchases 143 sites in Texas
Seven & I-owned 7-Eleven has purchased 143 sites in Texas. The acquisition includes Speedy Stop and Tigermarket convenience stores owned by local operator CL Thomas.The deal also increases 7-Eleven’s fuel wholesale delivery business, because the purchase included petrol distribution to approximately 150 dealer-operated sites.
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NewsIceland reports 1.5% Christmas like-for-like rise
Iceland has posted a 1.5% uplift in like-for-like sales over November and December.
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NewsQD Stores acquires discount chain Thingmebobs
Value retailer QD Stores has acquired east of England discount chain Thingmebobs.
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NewsShoppers flood online on Christmas Day and Boxing Day
The number of people accessing the internet from their smartphone or tablet on Christmas Day and Boxing Day reached an all-time high in 2012.
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NewsH.Samuel and Ernest Jones Christmas sales fall
Like-for-like sales at jewelers H.Samuel and Ernest Jones fell over Christmas.
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NewsJohn Lewis hires Portas' business partner Peter Cross
John Lewis has hired Mary Portas’ business partner Peter Cross as its new director of communications.
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NewsSainsbury’s and Tesco grasp Christmas momentum
Sainsbury’s and Tesco enjoyed the strongest sales momentum of the Big Four retailers in the run-up to Christmas, Kantar Worldpanel data has revealed.
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NewsThe Works reports strong Christmas as online sales surge
Budget bookseller The Works has recorded a 6% rise in like-for-like sales in December as its ecommerce sales rocketed 300%.