All News articles – Page 1361
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NewsScottish retailers have worst Christmas since 1999
Scottish retailers experienced their worst Christmas sales since 1999 with total sales in December up 1.6% year-on-year, the Scottish Retail Consortium (SRC) has said.
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NewsPaul Mason appointed toy brand Mayborn chairman
Cath Kidston and Radley & Co chairman Paul Mason has been appointed chairman of Mayborn.
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NewsFindel posts sales jump as turnaround shows results
Home shopping group Findel sales advanced 4.5% in the 15 weeks to January 17.
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NewsComet schedules meeting with trade credit insurers
Comet is set to meet with trade credit insurers next week as the electricals retailer tries to determine whether they will carry on offering cover to its suppliers once the business is sold to OpCapita next month.
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Magnit reports revenue increase
Grocery retailer Magnit has reported that preliminary consolidated, unaudited net retail revenue increased 42.1% to RUB335.6bn (£6.9bn). The retailer reported strong like-for-like sales growth of 11.1% together with increases of 9.7% in basket and 1.3% in traffic. Supermarkets and neighbourhood stores outperformed hypermarkets with like-for-like growth of 11.6% and 6.7% ...
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Celesio plans sale of logistics business
Pharmacy operator Celesio plans to sell its logistics business, inviting investment banks to pitch for the mandate to arrange the auction.Movianto is a contract logistics service provider for the pharmaceutical, bio-technology and healthcare industry and part of Celesio’s smallest and youngest division, Manufacturer Solutions. The subsidiary’s future has been uncertain ...
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NewsHobbycraft makes two senior appointments
Arts and crafts retailer Hobbycraft has made two top appointments after hiring senior executives from Waterstones and Pets at Home.
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Komplett acquires stake in Blush
Online electronics retailer Komplett has acquired a stake in Blush, an online health and beauty retailer. Komplett chief executive Ole Vinje said: “This is a whole new product category for us. Blush offers consumer products for beauty and wellness that are easy to order and, not least, easy to have ...
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NewsBonmarche stores to close as part of rescue deal
Up to half of Bonmarché stores are likely to closed or be offloaded as part of a rescue deal to salvage the heart of the business.
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NewsAsda boss calls for planning freedom
Asda chief executive Andy Clarke has called on government to simplify planning legislation quickly to create a “turning point” for UK growth.
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NewsHawkins Bazaar attracts interest as further stores close
A buyer is close to acquiring gift and toy retailer Hawkins Bazaar and its wholesale parent company Tobar Group, it is understood.
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NewsMatalan like-for-likes soar 9.9% over Christmas
Matalan like-for-likes soared 9.9% in the five weeks to December 31.
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NewsM&S online customer feedback soars
Customer feedback submitted on Marks & Spencer’s website has surged after it incorporated new technology into its systems.
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NewsSurrey Quays Shopping Centre 100,000 sqft extension plans
The owners of Surrey Quays Shopping Centre in south east London have submitted an application to extend the centre by 100,000 sq ft.
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NewsCPI inflations drops at fastest rate in three years
The rate of Consumer Price Index (CPI) inflation dropped 0.6% in December, the largest fall for three years.
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NewsBurberry sales surge aided by outerwear and leather goods
Burberry continued its impressive growth over the festive period posting a 21% rise in revenues for its third quarter with core outerwear and large leather goods driving growth.
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NewsPets at Home festive like-for-likes up 4.9%
Pets at Home posted a strong Christmas performance, despite the mild weather impacting on cold weather product lines.
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NewsMorrisons interest in Iceland fades
Morrisons’ interest in buying Iceland Foods in a £1.5bn bid is fading as the deadline for second round bids approaches.
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NewsB&Q invests £12m in product ranges
B&Q has made a £12m investment in its gardening products as it prepares for its critical Easter trading period.
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NewsRichard Kirk in eleventh hour talks to save Peacocks
Peacocks chief executive Richard Kirk has been in crunch talks to thrash out a deal to save the value clothing chain with a mystery investor.