All News articles – Page 1210
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NewsJohn Lewis reports record weekly sales pre-Christmas
Department store business John Lewis has reported record weekly revenue in the run-up to Christmas and a similar start to its Sale.
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NewsBoxing Day Sales rush while Christmas trading expected to be average
Festive bargain hunters flooded shops the country on Boxing Day as the British Retail Consortium (BRC) said that overall Christmas trading is expected to be slightly up on last year.
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NewsBargain hunters to spend £4.7bn in post-Christmas Sales
Britons are to spend £4.7bn on the high street and online in a post-Christmas spending spree, according to MoneySupermarket.com.
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NewsBeds retailer Dreams up for sale
Beds retailer Dreams has been put up for sale, it is understood.
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NewsRetailers offer up to 90% discounts on Christmas Eve
Retailers are offering discounts of up to 90% to tempt shoppers on Christmas Eve as more than a third of adults have left their gift buying to the last minute, according to research.
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NewsShoppers to spend more than £1.3bn this Christmas Eve
Shoppers are expected to spend more than £1.3bn this Christmas Eve – about £55m every hour – as millions leave their shopping to the last minute this year.
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NewsJohn Lewis posts sales up 11.1%
John Lewis posted a second record sales performance in a row for the week to December 15, recording sales up 11.1% to £ 147.8m, as it forecasts “great things” for the last week before Christmas.
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NewsSelfridges buys £130m office block
Selfridges has acquired an office block near to its flagship store in Oxford Street for £130m, suggesting the retailer will expand its presence in the area.
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NewsConsumer confidence slumps seven points in December
Consumer confidence plunged seven points to -29 in December proving consumer sentiment remains fragile despite Christmas being less than a week away.
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NewsPeacocks plans overseas growth as revival rolls on
Peacocks is to re-enter the Middle East and launch in Germany next year.
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Kroger promotes Lynn Gust to president of Fred Meyer division
Grocer Kroger has promoted Lynn Gust, senior vice-president of operations, to president of Kroger’s Fred Meyer division. Gust started his career with Fred Meyer in 1970 and has served in a variety of leadership roles, including vice-president of the food group and senior vice-president of the store operations group.
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NewsSanta grabs a bargain at B&Q's winter Sale
Santa is clearly a man who likes a bargain, as he was first in line at B&Q’s winter Sale this week to pick up grit, a shovel and a ladder for his busy day.
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Sephora plans South American store openings
LVMH-owned beauty chain Sephora plans to open 50 stores in South America in the next four years.The retailer, which entered Brazil in 2010 with the acquisition of beauty etailer Sack’s, opened two stores in São Paulo this summer.
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NewsToys R Us aims to take top market share spot
Toys R Us plans to improve its product range, create more in-store theatre and develop its multichannel presence as it bids to become the largest toy retailer in the UK.
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Costco reveals opening plans for 2013
Warehouse club operator Costco has revealed its opening plans for the remainder of the 2013 financial year.In the first quarter, which ended on November 25, Costco added nine clubs - eight in the US and one in Canada - bringing its total to 617, including 443 in the US.By the ...
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NewsJeweller Theo Fennell halves losses as takeover talks continue
Jeweller Theo Fennell more than halved its losses in the first half as takeover talks continue.
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NewsRetail sales values rise 1.5% in November
The value of retail sales jumped 1.5% year-on-year last month, according to the Office for National Statistics.
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NewsFormer Comet staff claim there was a closure 'dummy run'
Concern has been voiced that there was a ‘dry run’ of Comet’s closure as early as last summer.
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Walmart reportedly in talks with Migros Ticaret
Walmart is reportedly interested in entering Turkey through a majority stake in leading retailer Migros Ticaret.Walmart has not submitted a formal bid, but has reportedly held meetings with the private equity-backed retailer in recent days. A deal would value the business at more than $4bn (£2.47bn), including debt.Migros Ticaret has ...
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Inditex posts net sales increase
Fashion retailer Inditex has posted a net sales rise of 17% to E11.36bn (£9.23bn) for the nine months ended October 31.The addition of stores in emerging markets and the expansion of the online business boosted sales.Group net profit rose 27% to E1.66bn (£1.35bn), aided by new stores. The retailer opened ...