All News articles – Page 1315
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NewsStruggling Clinton Cards delays publication of strategic review
The unveiling of Clinton Cards’ strategic review, expected today, has been delayed.
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NewsJohn Lewis records strong sales
Sales at John Lewis were up 16.5% to £61.95m aided by a 56.5% uplift in online sales.
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Pick n Pay posts sales increase
Pick n Pay increased sales by 8.1% to R55.3bn (£4.76bn) for the year to February 29, while profit fell 10.6% to R1.3bn (£112m). The retailer said that was the result of investment in transformation initiatives. They include the launch of its smart shopper loyalty programme, the sale of Franklins in ...
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Metro unifies structure of Makro cash-and-carry operations
Metro has unified the structure of its Makro cash-and-carry operations in Spain and Portugal. The change is part of a strategy to build synergies and improve competitiveness. Makro Portugal has not reached its performance targets over the past few years and is coming under additional pressure from a tough economic ...
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Walmart accused of cover up
Walmart has been accused of covering up allegations that its managers in Mexico used widespread bribery to secure its presence in the country and expand market share. Walmart vice-president of corporate communications David Tovar admitted that the retail giant was investigating the allegations but said: “We don’t have a full ...
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NewsMix up in the aisles at 99p Stores
Perhaps 99p Stores staff in Camden were overexcited by William and Kate’s first wedding anniversary, stacking a tribute book in the biscuit section.
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NewsONS signals strong retail sales outlook
Retailers can look forward to higher growth than expected in coming months following a strong March, the Opera Solutions Retail Predictor for Retail Week has signalled.
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NewsNew Look to grow online business and roll out store revamp
Value fashion retailer New Look aims to double its online business within two years as it seeks ways of boosting turnover beyond its 600 store portfolio.
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NewsBeaverbrooks: Online investment boosts sales figures
The jeweller’s investment in online has helped its figures shine once again.
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NewsLease lengths extended as London battles for prime retail space
Average lease lengths in London jumped last year as retailers battled for prime space, agreeing to longer leases to secure quality sites.
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NewsGrocers battle for frozen food market share
A fight for frozen food spend has broken out in the grocery sector as supermarkets launch a flurry of deals and specialist Iceland gains market share.
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NewsJML shopping programme to debut on ITV1
JML to air first shopping programme on a mainstream channel that enables viewers to buy products.
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NewsData: BRC figures show employment uplift
The BRC-Bond Pearce Retail Employment Monitor released today show a fragile uplift in job creation and store numbers in the sector.
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NewsHigh street sales ease in April, says CBI
High street sales fell in line with expectations in April as consumers continued to rein in spending, according to the CBI Distributive Trades Survey.
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NewsIceland enters money-off coupon battle
Iceland has waded into the grocery marketing battle with a new money-off coupon.
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NewsFood retailers drive retail employment up 0.4%
Retail employment edged up 0.4% in the first quarter of 2012 as food retailers hired new recruits as they opened more stores, said the British Retail Consortium’s (BRC) Bond Pearce Employment Monitor.
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NewsAsos sales up as international powers growth
Etail fashion giant Asos sales increased 34% in its fourth quarter with international sales driving much of the growth.
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NewsRecession sparks fears for retail recovery
Retailers fear further slump in consumer confidence as the UK plunges back into recession.
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Walmart’s global ecommerce division to double hiring target in India
Walmart’s global ecommerce division is doubling its hiring target in India to 200 employees to revamp the retailer’s ecommerce platform. Over the last five months, @WalmartLabs – which operates under Walmart’s global ecommerce unit – has been building Indian operations with a focus on social and digital technology. Jeremy King, ...
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Woolworths’ results slow on deflation
Woolworths’ results slowed on deflation during its third quarter, growing 3.8% to AUS$14.1bn (£9.15bn). The retailers’ supermarket division experienced solid growth of 3.7% to AUS$12.2bn (£7.92bn), while the retailer’s non-food fascias had a mixed result. Consumer electronics fascia Dick Smith reported a 1.7% decline in sales to AUS$269m (£174.6m), although ...