All News articles – Page 1312
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News
Amazon reports strong sales results
Amazon reported better than expected results for the three months ended March 31. Sales rocketed 34% to $13.18bn (£8.1bn), driven by strong sales of Kindle products and digital media. Net income declined 35% to $130m (£80m) compared with $201m (£123m) in the same period last year as it invested in ...
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News
Target remodels 90 stores to include fresh food
Target has begun remodelling 90 stores across the US and aims to complete the programmed by the end of June.The remodels are the second of three phases this year, which include the addition of fresh food to its general merchandise stores.Almost 1,000 Target stores offer an expanded food layout at ...
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NewsHobbs prepares for international growth
Hobbs will embark on a major international push including store openings in France, Germany and Australia following the expected appointment of corporate adviser PwC.
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NewsVision Express focus on product and value to lift profits
Vision Express has delivered a 20% increase in pre-tax profits, generating £18.5m in 2011 as it drove sales volume and highlighted value across the year.
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NewsWolfson: Recession won't knock consumer confidence
Next boss believes GDP figures will be adjusted to show growth and Jubilee will deliver sales boost.
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NewsRiver Island tests external womenswear brands
River Island is to introduce external womenswear brands for the first time as it seeks a low-risk way to diversify its product offering.
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NewsJohn Lewis to unveil revamped beauty hall
John Lewis Oxford Street is to unveil its overhauled beauty hall next week ahead of the Jubilee and Olympics, where it expects to wow shoppers.
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NewsAsda considers Walmart ‘pay with cash’ initiative
Asda is mulling implementing a version of its parent Walmart’s ‘pay with cash’ initiative, which allows customers to order online and pay using cash in store.
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NewsHMV and Asda best-placed to take Game’s market share
HMV and Asda are best-placed to scoop up market share following Game store closures in a competitive entertainment market.
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NewsNorth Face given £2.8m price-fixing fine
Outdoor specialist The North Face has been handed a £2.8m fine for price-fixing.
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NewsStewart Binnie stands down from Aurora board
Aurora Fashions president Stewart Binnie has stepped down from the board with immediate effect.
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NewsNext boss Wolfson sells £3.8m shares to help fund wedding and new house
Next chief executive Lord Wolfson has sold £3.8m of shares to help pay for his wedding and new home.
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NewsStrong Easter helps Thorntons like-for-like improvement
Struggling chocolatier Thorntons has revealed total sales fell 2.7% to £62.4m in the 16 weeks to April 28.
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NewsMorrisons posts like-for-like sales fall
Supermarket group Morrisons has blamed pressures on the consumer for a fall in like-for-likes during the first quarter.
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NewsInternaçionale to launch transactional website
Value fashion chain Internaçionale will launch its first transactional website this month, triggering a raft of multichannel services.
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News
Clicks Group reports group turnover increase
Health and beauty retailer and wholesaler Clicks Group reported an increase in group turnover of 6.8% to ZAR7.7bn (£612m) for the first half of its financial year ended February 29. Clicks, the group’s drugstore chain, increased turnover by 9.6% and store numbers by 7.9% to 412. It also expanded its ...
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NewsN Brown to launch click-and-collect service
Home shopping group N Brown is introducing a click-and-collect service using convenience stores as it seeks to widen its customer base by strengthening its multichannel offer.
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NewsFurniture Village finance boss exits
Furniture Village commercial and finance director Ed Duggan has left the retailer and been replaced by Claire Shiels, who becomes the first female board member.
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NewsDoubts raised over need for new Blacks boss as Reynolds resigns
JD Sports’ newly acquired Blacks business may not need its own chief executive analysts said, as incumbent Julia Reynolds resigned after less than a year at the helm.
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NewsHMV uses augmented reality to bring products to life
HMV used augmented reality to bring products to life as it celebrated the 100th anniversary of Universal Pictures at the weekend.