All News articles – Page 1703
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NewsAlliance Boots looks to shut final salary pension
Alliance Boots has entered a consultation with staff in the UK about proposals to end its final salary pension scheme to existing members.
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NewsLion Capital buys up La Senza debt
Private equity firm Lion Capital has bought 100% of the long-term debt of La Senza, after months of uncertainty over the lingerie retailer’s future.
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NewsFresh & Easy expands gluten-free products
Fresh & Easy has expanded its range of gluten-free products in response to customer feedback.
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NewsRetailers to pay more in business rates to fund Crossrail
Retailers will be forced to pay more in business rates in order to fund London’s Crossrail network.
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NewsShoplifters walk free despite store worker's death
Three shoplifters yesterday walked free despite the death of a Sainsbury’s staff member who tried to stop them stealing biscuits.
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NewsB&Q embroiled in row as Titchmarsh fronts campaign
B&Q has been drawn into a row after hiring gardening expert Alan Titchmarsh after some critics argued BBC presenters must be impartial.
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NewsAmazon sales soar
Giant e-tailer Amazon has revealed a fourth quarter 49% uplift in sales to $4.56bn in its international arm, which includes the UK as well as German, Japanese, French and Chinese operations.
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NewsThaw drives sales rise at John Lewis
Pent up demand following snowy weather helped lift sales at department store chain John Lewis by 15.7% to £51.2m in the week to January 23.
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NewsSupergroup announces chairman to steer float
Former Vodafone director Peter Bamford enlisted as the fashion group readies to unveil £400m IPO
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NewsConsumer confidence improved in January
Consumer confidence rose in January and people are more optimistic about the outlook for themselves and the economy.
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NewsNigel Northridge to succeed John Lovering as Debenhams chairman
Department store group Debenhams has named Nigel Northridge as its new chairman.
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Leclerc's sales rose
Hypermarket chain E.Leclerc reported full-year group sales rose 5% to E29.4 bn (£25.7bn), excluding petrol, and 5.6% to E27.2bn (£23.8bn) in France.The retailer said the strong performance was due to its permanent price cuts, which were reinforcedin 2009. E.Leclerc also revealed that sales for its umbrella private label Marque Repère ...
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Macy's to launch outlet store
Macy’s-owned Bloomingdale’s plans to launch outlet stores.The first four outlet stores will open in the second half of the year, with two expected to be located in South Florida.The 25,000 sq ft stores will carry clothing and accessories for women, men and children. They will feature both new merchandise and ...
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Growth in Woolworths sales
Woolworths has announced in a preliminary statement that sales rose 9.3% in the 26 weeks to the end of 2009, increasing 4.4% on a like-for-like basis.Clothing and general merchandise sales grew 9.7%, while food achieved 8.9% growth.Less upmarket competitor Shoprite reported like-for-like sales growth of 6.4% for its first half ...
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Future stars
Apples & Pears, a retail idea developed by students from London’s Fashion Retail Academy, will represent the UK in this year’s Retail Futures Challenge.
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NewsJoin our high street fight
Retail Week’s Manifesto for the High Street is a campaign to bring retailers and politicians together to turn around the decline of Britain’s struggling high streets.
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Farmfoods ups security in PoS system upgrade
Frozen food retailer Farmfoods has rolled out a secure mounting device for Chip and Pin machines as part of its point-of-sales systems upgrade.
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Your Personal Store to expand in the Philippines
AS Watson-owned chain Watsons Your Personal Store is to expand in the Philippines as it eyes sales growth of 11% this year and targets more than 5% market share of the country’s PHP90bn (£1.21bn) beauty business.Watsons Philippines chief executive Robert U Sun said the company would convert up to 10 ...
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NewsHome shopping retailer and supplier JML dodges recession
Home shopping retailer and supplier JML has said its niche products have cushioned it from the recession, with its home shopping arm driving the majority of its business.
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NewsQS name to disappear as Store Twenty One grows
Value retailer QS is to disappear from the high street by 2011 as Mumbai-based owner Alok Industries ramps up conversions to its Store Twenty One fascia.