All News articles – Page 1654
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NewsConsumer confidence up despite economic concerns
Consumer confidence has risen to its highest level since November 2007 but many consumers are still concerned about the economy, bills and debt.
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NewsJón Ásgeir Jóhannesson resigns from House of Fraser board
Former Baugur boss Jón Ásgeir Jóhannesson has resigned from the board of department store group house of Fraser after a $2bn fraud lawsuit was filed against him in the US.
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NewsSamantha Cameron cuts back Smythson role
Samantha Cameron, the Prime Minister’s wife, is to reduce her role at Smythson, the upmarket Bond Street retailer she is credited with having helped turn around.
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NewsJohn Lewis reports 17.7% weekly sales rise
Department store chain John Lewis generated a 17.7% sales rise last week when turnover was £55m.
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NewsPoundstretcher opens transactional website
Discount retailer Instore, which trades as Poundstretcher, has launched a transactional website selling items from 99p up to £150.
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NewsMorrisons presses on with promotions as sales slow
Morrisons is to continue its promotional drive this year after revealing a steep slowdown in sales growth in its first quarter.
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NewsWaterstone’s unveils its new look and logo
Bookseller Waterstone’s has unveiled its new branding, designed to reflect the retailer’s “new direction”.
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NewsStrong growth at newly floated SuperGroup
Fashion specialist SuperGroup has confirmed that full-year profitability is on track to come in as it promised when it floated in March.
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NewsUnion Market to open first store in July
The first Union Market - the farmers’ market-cum-supermarket run by a former Tesco executive and a former Whole Foods executive - will open in July.
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NewsWaitrose still UK’s fastest growing supermarket
Waitrose has reported like-for-like sales up 3.4% in the quarter to the end of April, maintaining its position as the fastest-growing supermarket in the UK.
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NewsLiberty signs licensing deal with Italian menswear manufacturer
Liberty of London has signed its first licensing deal, the latest move in the department store’s attempt to become profitable.
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NewsRefreshing French Connection
While market debutant SuperGroup has reported a surge in sales and likely profits, another fashion retailer in a similar mould is engaged in a battle to restore profitability.
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NewsM&S confident of profits from mobile shoppers
Marks & Spencer expects its optimised website for mobile phones to become profitable “very quickly” as its customers take advantage of the convenience of the offer.
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NewsWestfield taps East End community talent
Westfield has launched an initiative at its forthcoming Stratford shopping centre to tap into east London’s emerging talent.
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NewsSainsbury’s to expand stores in push for clothing market share
Sainsbury’s is aiming to lift its total share of the clothing market by volume from 10th to fifth place in four years.
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NewsFaster intranet helps Carphone Warehouse sell
Carphone Warehouse has moved onto a new hosting platform to help speed up its in-store internet connectivity, allowing better product demonstrations to customers and improved staff training.
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NewsBrokers look for continuity at M&S
Analysts took a relaxed approach to news that finance boss Ian Dyson is leaving Marks & Spencer.
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NewsBoohoo.com in marketing push to raise profile
Online fashion retailer Boohoo.com has launched a marketing campaign to raise its profile.
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NewsRetail drifts as City ponders the big issues
Stores, particularly food retailers, underperformed a market convulsed by uncertainty as big issues such as the future of the euro and the outcome of the general election dominated headlines.
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NewsBhs gives concessions to Barratts and Priceless
Bhs is trialling a Barratts and Priceless shoe offer as it starts to implement a brand-led strategy across the Arcadia Group’s department stores.