All News articles – Page 1309
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NewsBolland to scale back M&S growth target
Marks & Spencer chief executive Marc Bolland is expected to admit his plan to add £3bn of sales in three years was too ambitious.
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NewsThree in the running to buy Robert Dyas
The race to buy hardware retailer Robert Dyas has been whittled down to three bidders, it is understood.
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NewsGeorge at Asda trials new look stores
George at Asda is trialling a new store format which allows it to have a “shop window” within a supermarket store.
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NewsNew Aquascutum owner appoints Tim Dally as chief executive
Aquascutum’s new owner YGM Trading has appointed Tim Dally as chief executive of the UK business, the company name of which is now Aquascutum 1851.
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NewsM&S launches Simply M&S food range with value focus
Marks & Spencer is aiming to boost its food basket size with the introduction of a new brand, Simply M&S, which offers everyday food and kitchen cupboard staples at competitive prices.
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NewsShapland: Carpetright is in "good shape" for future
New Carpetright chief executive Darren Shapland said the retailer is “in a good shape” for the coming years as he prepares to steer it through continued tough trading conditions.
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NewsDarren Shapland to replace Lord Harris as Carpetright boss
Carpetright’s founder and chief executive Lord Harris of Peckham is to step down from day to day running of the the retailer. He will become non-executive chairman.
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NewsOcado launches own label webshop
Ocado has launched an own label shop-in-shop to showcase its looks to ramp up its own brand presence.
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NewsJohn Lewis reports bouyant sales
John Lewis reported a strong week with the weather and electricals sales playing in its favour.
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NewsClinton Cards boss exits as WHSmith considers bid
The administrators of Clinton Cards have ousted chief executive Darcy Willson-Rymer, it is understood, and WHSmith may enter the fray for control of the retailer.
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Revenue increase for pharmacy retailer CVS
Pharmacy retailer CVS’s revenues increased 19.9% to $30.8bn (£19bn) for the three months ended March 31. Revenues in the retail pharmacy segment, which operates drugstores, rose 9.9% to $16bn (£9.8bn) while total same-store sales climbed 8.4% as pharmacy sales grew 9.8% and front-store sales increased 5.3% on a same-store basis.Revenues ...
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Best Buy chief marketing officer resigns
Consumer electronics specialist Best Buy has disclosed that chief marketing officer Barry Judge has resigned. Judge held the position since 2008 and is “leaving the company to explore the next chapter in his career”, Best Buy spokesman Greg Hitt said.The retailer declined to say who will replace Judge, stating that ...
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Amazon to open first logistics centre in Spain
Etail giant Amazon plans to open its first logistics centre in Spain. The new hub – expected to go live within a few months – will be in San Fernando de Henares, close to Madrid. The initiative is intended to service growing demand from Spanish customers shopping at Amazon.es, which ...
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NewsPrimark poaches M&S man for pivotal group sourcing role
Value fashion giant Primark has hired Marks & Spencer’s head of sourcing Garry Gordon.
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NewsIceland to open frozen food stores in Iceland
Frozen food specialist Iceland is to launch in the country of the same name after striking a deal with Johannes Jonsson, the father of controversial former Baugur boss Jón Ásgeir Jóhannesson.
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NewsBookseller Relay returns to the UK
Bookseller and stationery giant Relay is making a return to the UK with a 755 sq ft trial shop in London’s Cannon Street station.
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NewsArsenal Football Club to debut fashion-focused store
Arsenal Football Club is to debut a new fashion-focused store in Brent Cross in July.
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NewsAquascutum acquired by YGM Trading for £15m
Aquascutum has been bought out of administration by YGM Trading for £15m, ensuring the future of the UK business.
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NewsDixons profits to come in at top of range
Profits at electricals group Dixons are expected to come in at the top end of expectations and the retailer’s new financial year has begun strongly.
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NewsSuperGroup records "disappointing" fourth quarter
Like-for-like sales at SuperGroup were flat in a fourth quarter chief executive Julian Dunkerton described as “disappointing”.