All News articles – Page 1503
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NewsTesco's Mills Group acquisition given green light
The Office of Fair Trading will not refer Tesco’s acquisition of Mills Group to the Competition Commission.
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NewsRiver Island to revive Chelsea Girl brand
Chelsea Girl, the iconic 1970’s fast fashion retailer that later became River Island, is to be revived as a branded capsule collection within River Island stores.
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NewsN Brown launches new 50-plus brand Fabrici
Home shopping group N Brown is launching new brand Fabrici to target internet-savvy 50-plus women.
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NewsSpar appoints Debbie Robinson as managing director
Spar UK has appointed Debbie Robinson as its new managing director.
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NewsAll Saints boss claims Kaupthing used British savers' cash to prop up shares
Kevin Stanford, the chairman of young fashion chain All Saints and co-founder of womenswear business Karen Millen, has claimed that collapsed Icelandic bank Kaupthing used cash from British deposits to artificially inflate its own share price.
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NewsMatalan launches review after kids padded bra expose
Value chain Matalan has launched a review after it was found to be selling padded bras for children as young as eight.
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NewsJJB asks shareholders for a further £65m
JJB Sports is asking its shareholders for an additional £65m to support its survival plans.
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NewsWorld of Sofas bought in pre-pack deal by management
World of Sofas, the sofa chain set up by Land of Leather founder Paul Briant, has been bought out of pre-pack administration by its management team, led by Briant.
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NewsKesa chief executive is most 'overpaid' FTSE 250 boss
Thierry Falque-Pierrotin, chief executive of Comet owner Kesa, is the most ‘overpaid’ FTSE 250 chief executive a study has found.
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Big Lots net Q4 sales up 3.8% to £934m
Discount retailer Big Lots reported that net sales increased 3.8% to $1.52bn (£934m) in the fourth quarter, while net income increased to $110m (£68m) from the $105.4m (£65m) compared with the same period last year.The retailer reported strong 2010 full-year results. Net sales increased 4.8% to $4.9bn (£3bn) and net ...
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NewsJD Sports Fashion and JJB Sports talks are off
JD Sports Fashion has announced it has no intention to make an offer for JJB Sports, claiming JJB has failed to reveal key information about the business.
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Kroger sales up 7.1% to £50.5bn
Grocer Kroger reported that sales for the full year increased 7.1% to $82.2bn (£50.5bn). Excluding fuel, total sales increased 3.4% while like-for-like sales were up 2.8%. Net income amounted to $1.12bn (£688m), compared with the $70m (£43m) reported in fiscal 2009. Operating profit totalled 2.65% of sales during the fiscal ...
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NewsCarphone Warehouse to push android sales through TV campaign
Carphone Warehouse is launching a TV campaign tomorrow that will promote android sales through a 3D animated green character.
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Regional electricals retailer in administration
Norfolk-based electrical retail chain Bennetts has collapsed into administration.
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NewsMulberry profits to "exceed expectations"
Upmarket handbag brand Mulberry has announced that sales and profits for the year to 31 March are going to “exceed market expectations”
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NewsFlat week for John Lewis, but Waitrose up
John Lewis sales were flat in the week to 5 March, while sister department chain Waitrose managed a 9.3% increase.
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NewsStores shorten Royal Wedding hours
Leading retailers are to remain shut on the morning of the Royal Wedding, Friday April 29, and others are considering whether to follow suit.
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NewsIn Focus: Jigsaw
Jigsaw is an established member of the upmarket fashion scene that in 2003 spawned the younger, more mid-market Kew format and in 2005 acquired the Cabbages & Roses brand, plus the iconic but troublesome The Shop at Bluebird on London’s King’s Road.
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NewsLittle relief in sight as stores sector stays flat
The stores sector was flat as a Shrove Tuesday pancake - perhaps a better performance than might have been expected as the latest BRC sales data showed the worst growth in almost two years.
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NewsVery joins forces with Ferdinand’s footwear
Shop Direct has struck a deal with England and Manchester United footballer Rio Ferdinand to sell his footwear range via its Very brand, and is opening a dual-branded pop-up shop to promote the partnership.