All News articles – Page 1687
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News
Big C sales up 1.5%
Local grocery operator Big C has posted retail sales up 1.5% in 2009.Operating profit at the Casino-owned group jumped 19.8%, while net profit climbed 16.3% to Bt1.07bn (£21.8m) and net sales rose 1.1% to Bt68.06bn (£1.39bn).The retailer said the performance was driven by better purchasing conditions, cost savings and the ...
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News
Woolworths H1 profits up
Woolworths posted an 11.4% increase in first-half net profit to Aus$1.09bn (£654.2m).The Australian retailer is planning an Aus$400m (£240.1m) share buyback, which it described as a modest start to capital management, now that the worst of the economic turmoil has passed.Woolworths forecast sales growth in the upper single digits, marking ...
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News99p Stores to build stores empire as it targets turnover of £1bn
99p Stores is gunning to open more than 200 stores by 2014, taking its store count to 350, and is targeting turnover of £1bn by 2016.
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NewsOracle Retail Week Awards 2010: The Winners
The full list of winners from last night’s Oracle Retail Week Awards.
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News
RWC2010: Halfords restructures staffing teams
Halfords has restructured its staffing teams to improve leadership in stores.
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RWC2010: Focus chief Bill Grimsey defends CVAs
Focus chief executive Bill Grimsey has defended Company Voluntary Arrangements in a presentation at the Retail Week Conference.
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NewsRWC2010: Chris Dawson expects more retail failures in 12 to 14 months
Colourful entrepreneur and owner of The Range, Chris Dawson, has predicted that he will be picking up stock from more failing retailers a year from now.
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NewsRWC2010: Amazon rules out stores and grocery offer
Amazon UK has ruled out opening stores and offering food “for the foreseeable future”, its managing director, Brian McBride, has told the Retail Week Conference.
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NewsRWC2010: Multichannel retailers debate future role of catalogues
N Brown chief executive Alan White has said the ultimate goal for multichannel retailers is to ditch catalogues and concentrate on digital sales.
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NewsRWC2010: Ebay to launch specialist fashion channel
Ebay is to launch a specialist fashion section within the next two months, the online giant’s UK managing director has revealed at the Retail Week Conference.
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NewsSouth African president to tour Sainsbury’s
The South African president has asked for a tour of Sainsbury’s – the first time a visiting head of state has requested an official tour of a British supermarket.
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NewsAsda in pledge to end unfair treatment of temporary workers
Asda has teamed up with union Unite to launch an initiative to end discrimination and unfair treatment across the supermarket’s 29 meat and poultry suppliers.
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NewsRWC2010: Reformatted DSGi stores are best performing stores in group
DGSi’s new reformatted stores are the best performing in the group and its latest £5m advertising campaign has helped drive sales, chief executive John Browett has revealed.
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NewsRWC2010: Retail poised for period of M&A activity, says Debenhams chief
Debenhams chief executive Rob Templeman has said the sector is poised for a period of mergers and acquisitions as the recovery gains momentum.
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News
RWC2010: Retailers call for landlords to contribute to BIDs
Retailers have called for landlords to contribute to Business Improvement Districts, a key plank of Retail Week manifesto for the High Street.
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NewsKim Winser appointed chairman of Agent Provocateur
Agent Provocateur, the luxury lingerie chain, has appointed former Aquascutum chief executive Kim Winser as chairman.
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News
RWC2010: Small tweaks essential to maintain in-store excitement
Change windows frequently and ensure that you give shoppers a reason to come back. That was the advice given by Gary Temprell, retail director at The White Company and Beverley Aspinall, managing director of Fortnum & Mason at the Retail Week Conference.
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NewsRWC2010: Tesco aims to make F+F biggest global fashion brand
Tesco wants its Florence + Fred clothing range to be the biggest global fashion brand within five years, Tesco chief executive of clothing Terry Green told Retail Week Conference delegates.
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NewsRWC2010: Emerging retailers can thrive if attuned to customer needs
There is a place for emerging businesses, as long as they make sure they stay closely in tune with what customers want, three rising stars told the Retail Week Conference.
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NewsRWC2010: Rose raises prospect of very different M&S under Bolland
Marc Bolland is “absolutely the right man” to become chief executive of Marks & Spencer, executive chairman Stuart Rose insisted, hinting that the retailer may be poised for a period of radical change.