All News articles – Page 1595
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NewsValue retailers gaining sales, Nielsen finds
Grocery sales rose by 3.9% in the four weeks leading up to September 4, market data company Nielsen has reported.
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NewsAsda market share dips for 9th consecutive period
Asda continues to underperform the grocery market and has seen a dip in its market share for the ninth consecutive report.
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NewsSnow+Rock sold to management
Outdoors specialist Snow +Rock has been bought by its management, backed by private equity firm LGV capital, for an undisclosed sum.
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NewsConsumer price inflation flat
Consumer price inflation remained unchanged in August at 3.1% although there were significant upward and downward pressures between July and August, according to the Office for National Statistics.
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NewsOffice sale generates strong interest
Footwear chain Office is understood to have generated more than 10 expressions of interest, two weeks before its sale document is due to be published.
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NewsSir Stuart Rose joins private equity firm Bridgepoint
Marks and Spencer chairman Sir Stuart Rose has been appointed to private equity firm Bridgepoint’s European Advisory Committee.
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NewsSupergroup sales continue to soar
Supergroup’s sales continued to rocket in the three months to 1 August, with total sales up just under 60% on the same period last year.
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NewsProfits to climb at Debenhams
Department store group Debenhams expects profits to rise strongly this year after a product mix shift lifted margins.
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NewsEuropean shoppers want more locally-sourced food
Half (49%) of shoppers in four European countries including the UK expect to buy more food and grocery products with “ethical credentials” in the future, according to new research published by IGD, the food and grocery analyst.
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NewsPrimark sales up after strong performance in Europe
Value fashion giant Primark has continued to perform well over 2010 driven by a “very stong” performance in continental Europe.
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NewsBoden profits surge 16% in 2009
Online and mail order retailer Boden’s pre-tax profits increased 15.9% to £28.7m in 2009 as it focused on cost control.
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NewsIncoming Tesco chief executive Philip Clarke vows China will be profitable in his tenure
Tesco international boss Philip Clarke has vowed that its operation in China will be profitable in his tenure as chief executive as he outlines the “terrific” growth prospects in Asia.
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NewsLaura Ashley first half profits surge
Furniture and fashion retailer Laura Ashley experienced a surge in pretax profits excluding exceptionals from £100,000 to £5.7m in the 26 weeks to July 31.
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NewsChildrenswear sales drive 5.6% sales uplift at John Lewis
Department store John Lewis sales rose 5.6% to £57m last week as Back to School drove a record week for childrenswear.
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NewsStrong profits predicted for Next
Broker UBS retained its buy stance on Next ahead of interim results expected next week.