All News articles – Page 1534
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NewsIkea group profits rise 6%
Furniture giant Ikea has revealed full year net profit growth of 6.1% to €2.7bn.
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NewsO2 to close 40 stores and invest in remainder
Phone retailer and telecomms firm O2 is to close 40 of its 493 stores this year and instead invest in its best performing shops.
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NewsSainsbury's Fresh Kitchen: pictures
Sainsbury’s is taking on sandwich specialists with a new fascia
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NewsAquascutum narrows losses
Luxury fashion retailer Aquascutum has narrowed its losses under new owners Jaeger tycoon Harold Tillman and Jaeger chief executive Belinda Earl.
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NewsFlying Brands warns on profits
Home shopping group Flying Brands has issued a profit warning after disastrous disruption of Christmas trading as a result of the snow.
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NewsTed Baker retail sales rise 7.6%
Fashion brand Ted Baker posted a 7.6% rise in retail sales over the crucial Christmas period and said pre-tax profit would be in line with expectations for the year to January 29.
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NewsJohn Lewis sales up 39% ahead of VAT increase
John Lewis sales soared 38.7% to £74.7m in the week to January 8, making it the largest weekly increase this financial year.
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NewsIn Focus: Selfridges vs Harvey Nichols
Retail Week Knowledge Bank recently updated its profiles of upmarket department store groups Selfridges and Harvey Nichols, whose fortunes have differed notably lately.
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NewsJJB Sports shareholders expect profits to return
JJB Sports’ biggest shareholder expects the troubled retailer will return to the black this year.
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NewsEBay lets shoppers ‘try on’ sunglasses
EBay UK has added an augmented reality feature to its fashion mobile app allowing shoppers to virtually try on sunglasses before they buy.
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NewsDunelm down in the dumps while Topps Tiles impresses
Updates from home retailers Dunelm and Topps Tiles painted a contrasting picture of trading conditions in the sector.
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NewsPrimark sales director lands senior Target role
Primark sales director Allan Molloy is leaving the value fashion giant to join Australian retailer Target.
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NewsShop Direct targets double-digit growth
Home shopping group Shop Direct is gunning for double-digit sales growth this year on the back of new brand launch Isme and expanded product lines across the group.
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NewsPeacocks delivers full-year profits increase as shoppers trade down
Peacocks Group, the fashion retail group that operates value chain Peacocks and mature womenswear business Bonmarche, said that EBITDA and sales rose across the group last year.
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NewsDebenhams warns of more price rises to come
Debenhams has flagged a double-digit price increase in outerwear for autumn 2011 and expects prices overall to increase by between 4% and 6% before VAT over the year.
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NewsInvestors still cold on the retail sector
General retailers and grocers were both left on the shelf by investors and the market was flat overall.
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NewsClinton to highlight value following slow Christmas
Clinton Cards is to emphasise its value credentials following a profit warning last week.
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NewsKingfisher chief in employment law reform call
Kingfisher group chief executive Ian Cheshire has called for reform of employment tribunals rules, which could help kick-start the UK jobs market.
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NewsBrightHouse sees demand surge but stays cautious
Rent-to-own electricals and furniture retailer BrightHouse has revealed a strong Christmas but cautioned that current trading has been tougher. Like-for-likes increased 9.8% in the 13 weeks to December 31, 2010.
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NewsSir Philip Green to take Topshop to Brazil
Arcadia tycoon Sir Philip Green is to take Topshop to Brazil as part of an ambitious overseas expansion programme.