All News articles – Page 1459
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NewsLombok to open first concession in House of Fraser
Furniture chain Lombok is to open its first concession in department store House of Fraser as it seeks to expand cautiously.
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NewsL’Occitane appoints former Blacks director to accelerate UK growth
French cosmetics retailer L’Occitane has hired former Blacks Leisure retail director Joseph Ulloa to head up its UK business.
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NewsSainsbury's strengthens online team with two appointments
Sainsbury’s has hired former Ocado head of retail Jon Rudoe to strengthen is multichannel team.
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NewsDebenhams tables bid for Jane Norman
Debenhams has tabled a bid to acquire the stock and brand of fashion chain Jane Norman, it is understood.
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NewsSolid year for Dixons, but balance sheet takes a hit
Dixons has announced a 6% fall in underlying profits for the year to 30 April, and warned of a “challenging” economic backdrop.
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NewsH&M profits plunge as cotton and labour prices soar
Swedish fashion giant H&M first half profits plunged as cotton prices and sourcing inflation soared.
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NewsBest Buy rumoured to be mulling Dixons bid
US electrical giant Best Buy is rumoured to be sizing up a bid for UK rival Dixons.
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NewsAsda clocks up £1bn ethnic and local produce sales
Asda has clocked up £1bn of sales since it began working with local and ethnic suppliers, and it is gunning to reach a £500m annual sales target by 2013.
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NewsTesco shareholders urged to cut "excessive" pay
Tesco investors have been urged to vote against the grocer’s remuneration report by shareholder advisory group Pirc.
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NewsLoss-making Comet to close 17 stores
Electricals retailer Kesa said Comet slumped into the red in the year to April 30, making a loss of £8.9m compared with retail profit of £11.5m the year before.
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News300 jobs axed as Life & Style closes 22 stores
Bust homeware and fashion retailer Life & Style, which was born out of the ashes of Ethel Austin, is closing 22 of it 150 stores and making 274 people redundant as administrators RSM Tenon continue talks with potential buyers.
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NewsAsda takes market share hit
Asda’s market share slipped in the latest Kantar figures from 16.7% last year to 16.3%, while the discounters stole a larger share of shopper spend.
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NewsSuperGroup seeks to rally investor support
SuperGroup, the young fashion business, met with analysts yesterday to allay investor concerns that its Superdry brand has become overexposed.
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NewsH&M signs Donatella Versace as guest designer
H&M has signed up Italian designer Donatella Versace to be its next guest designer.
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NewsAsda Income Tracker: Weekly spending power shows largest decline on record
Consumers suffered a £14 a week fall in family spending power in May compared to the previous year – the largest decline on record.
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NewsSuperdrug returns to profit in 2010
Superdrug has returned to profit in the year to December 25, 2010, by improving margins and reducing operating costs.
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NewsTesco launches Wimbledon strawberries and cream sarnie
Tesco is celebrating the start of tennis tournament Wimbledon with the launch of a strawberries and cream sandwich.
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NewsAsda COO Simon King exits
Asda chief operating officer Simon King has left the grocer just six months after joining.
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NewsEast pre-tax profits up 9.5%
Womenswear retailer East has reported pre-tax profits up 9.5% from £2.1m to £2.27m for the year to January 31, 2011, driven by the strong performance of its existing portfolio and new store openings.