All News articles – Page 1263
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NewsJack Wills chief operating officer hire sparks sale speculation
Young fashion chain Jack Wills has hired former Vodafone marketing boss Wendy Becker as its chief operating officer, a new role for the retailer.
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NewsHMV launches myhmv as next step of multichannel overhaul
Entertainment retailer HMV is launching a new personalised web-based in-store service to promote local and relevant offers to customers in its bid to become a multichannel retailer.
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NewsThe Entertainer speeds up store openings as like-for-likes surge
Like-for-like sales at The Entertainer surged 12.3% for the 28 weeks to August 11 in a performance that has triggered the toy retailer to accelerate its store opening programme.
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NewsShares in United Carpets suspended as it calculates store closure costs
Shares in United Carpets have been suspended as the retailer works out costs of multiple store closures.
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NewsCountrywide profits fall despite sales boost
Profits at rural specialist Countrywide fell last year despite a jump in sales.
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NewsJaeger improves loyalty offer
Fashion retailer Jaeger has invested in its loyalty scheme and will offer money off vouchers to customers.
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NewsSports Direct inks Rangers deal after it ends JJB relationship
Sports Direct has signed a joint venture with football club Rangers to sell its merchandise.
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NewsJohn Lewis sales soar as Olympic feel-good factor continues
John Lewis sales soared 14.5% in the week to August 18 as the Olympic feel-good factor continued beyond the Games.
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NewsDwell appoints first multichannel boss
Furniture retailer Dwell has appointed Peter McKenna as its first director of multichannel.
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Target reports second-quarter sales increase
Target’s second-quarter sales rose 3.5% to $16.5bn (£10.51bn). Like-for-like sales were up 3.1% on top of a 3.9% gain a year ago. Net earnings remained flat at $704m (£448.6m).During the quarter, Target added eight new stores, including its first three CityTarget stores. The retailer’s REDcard loyalty scheme penetration reached 12.8% ...
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Walmex to face fresh investigation by US Congress
Walmart’s Mexican subsidiary Walmex is facing fresh investigation by the US Congress, which says it has documents suggesting that the retailer may have engaged in tax evasion and money laundering.This follows probes over allegations that the retailer bribed local Mexican officials to open stores more quickly.Congressmen Elijah Cummings and Henry ...
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NewsMultichannel becomes major focus at Matalan
Matalan is investing “significant” sums in improving its ecommerce and multichannel operations in order to “put customers at the heart” of its business.
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NewsSpar promotes bargains X Factor style
As The X Factor begins again in the UK, the show’s emotional roller coaster is already under way in Slovenia, although this could arguably be down to local sponsor Spar’s campaign to promote its low prices.
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NewsIan Cheshire to chair BRC as new chief appointed
KPMG head of retail Helen Dickinson and Kingfisher group chief executive Ian Cheshire are to become the new leaders of the British Retail Consortium (BRC).
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Aldi Süd extends Austrian traceability system
German discounter Aldi Süd has extended its Austrian traceability system for meat products to Hungary. The scheme allows customers to scan an item’s QR code with a smartphone or enter a product code on the website of Aldi’s Hungarian supplier Master Good to discover information about a product’s origin and ...
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NewsCo-op reports positive results from contactless payment trial
The Co-operative Food has reported positive results from a trial of contactless payment in its London and Manchester stores.
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NewsTesco raises £300m from South Korean sale
Tesco has raised £300m from the sale and leaseback of four shopping malls in South Korea.
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NewsErnest Jones drives strong Signet sales
H Samuel and Ernest Jones owner Signet has reported a 7.1% increase in like-for-like sales fuelled by a strong UK performance in the second quarter.
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NewsRetail sales set to worsen
Flat August sales were broadly in line with retailers’ expectations but the next three months are expected to worsen as sentiment deteriorates, the CBI said.
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Sainsbury's inks deal with digital video service
Sainsbury’s has signed a deal with Rovi Corporation to provide a new digital video service for its microsite Sainsbury’s Entertainment.