All News articles – Page 1682
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NewsSainsbury's bonus payouts to be brought forward
Bonus payouts for Sainsbury’s staff are to be brought forward to beat the introduction of the new 50% tax rate.
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NewsRichemont makes bid for Net-a-Porter
Luxury etailer Net-a-Porter is reported to have received a bid from Swiss luxury group Richemont.
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NewsCentral London retail sales up 9.9% in February
Central London retail sales in February were 9.9% higher on a like-for-like basis than a year ago according to British Retail Consortium figures, suggesting that low January sales were a blip caused by the snowy weather.
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NewsVideo games streaming service OnLive to launch in June
Video games online streaming service OnLive, which is expected to pose a significant threat to traditional games retailing, has revealed it will launch in the US on June 17.
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NewsFashion and home deliver strong week for John Lewis
John Lewis reported that sales rose 15.9% year on year to £53.2m in its eponymous department stores last week.
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NewsAdvent considers Poundland sale
Private equity firm Advent has hired Close Brothers to advise on a possible sale of value retailer Poundland.
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NewsSuperGroup confirms IPO details
Young fashion retailer SuperGroup has given the green light to its stock market listing and confirmed that it expects to achieve an IPO valuation of £395m.
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NewsSir Stuart Rose says time is right to up M&S store revamps
Marks & Spencer should step up the pace of its store modernisation programme again, executive chairman Sir Stuart Rose has said.
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NewsOnline success at John Lewis
John Lewis has revealed that its online fashion sales have more than doubled since it launched its dedicated fashion website in September.
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Jerónimo Martins sales up
Jerónimo Martins increased sales by 6.1% to €7.3bn (£6.5bn) in its 2009 financial year.Net profit at the grocery retailer soared 22.8% to €200.3m (£178.6m).Jerónimo Martins attributed the performance to strong competitive market positions and a clear focus on increasing productivity together with greater scale in sourcing.
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PetSmart and Staples report increased sales
Two American retailers reported full-year results this week. Petcare retailer PetSmart increased total sales by 5.4% to $5.34bn (£3.57bn), taking into account a hit of $8.3m (£5.32m) from foreign currency fluctuations.Comparable store sales climbed 1.6% and services sales increased 9.2% to $575m (£368.6m). Net income increased to $198m (£126.9m). Office ...
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NewsHalfords rolls out mobility range
Car parts and bicycles retailer Halfords is rolling out the sale of mobility products after a trial over the past year.
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NewsRelaunched Spar site focuses on healthy lifestyle
Symbol group Spar UK has relaunched its website to push its community involvement and champion its investment in athletics sponsorship.
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Tesco MasterCard to hit retailers with higher interchange fees
Retailers face higher interchange fees after retail giant Tesco’s bank switched its Finest Platinum MasterCard to World MasterCard.
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NewsTJX Europe to unveil first twin fascia
TJX Europe, which runs off-price retailer TK Maxx and homewares chain HomeSense in Europe, will unveil its first dual fascia store in Newcastle this autumn.
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NewsEBay to tackle fashion with fixed-price site
EBay is to launch a fashion channel for branded goods, taking on rival etailers such as M and M Direct, JD Sports and Asos.
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DSGi update may lead to shares uplift
Next Friday could be a catalyst for the shares of DSGi, when it will host a strategy day at its Currys Megastore in Thurrock, Essex.
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NewsHamleys kicks off overseas growth drive
Toy retailer Hamleys has kick-started its international expansion after signing a franchise agreement to open in the Balkans. Hamleys is targeting nine markets in the Balkans, and this month will open franchise shops in the Middle East and India.
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Robert Dyas to double online offer
Hardware chain Robert Dyas is to revamp its website to reflect its rebranding last year and boost sales through the online channel.
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NewsLosses widen at Jysk despite strong sales
Danish furniture retailer Jysk’s UK operation has reported strong sales in its full-year accounts, although losses widened as start-up costs hit its bottom line.