All News articles – Page 1737
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NewsMorrisons rolls out payment system
Grocer Morrisons has begun rolling out a new payment processing system as part of its store systems replacement project.
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NewsSainsbury’s pushes loyalty and non-food
Sainsbury’s is launching an ad campaign today focusing on its loyalty scheme Nectar card for the first time as it seeks to capture more of shoppers’ Christmas spend.
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October like-for-like sales paint negative picture in US
The round of October like-for-like sales showed a generally negative picture as consumer confidence continues to struggle in the US. Of the few positive results, most came from retailers operating at the top and bottom of the market. Upmarket department store chain Nordstrom, for example, reported a 6% lift in ...
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NewsNew strategy lifts Majestic Wine
Majestic Wine is expected to report a solid performance at its interim results on Monday.
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Lidl teams up with Nabtaaler Milchwerke to launch private-label lines
Discounter Lidl has teamed up with Bavarian dairy company Nabtaaler Milchwerke to launch Lidl’s first regional private-label lines. Lidl has been selling Bavarian long-life milk for some time in some regional divisions to support dairy farmers in the federal state. The discounter registered the trademark “Ein gutes Stück Heimat” - ...
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NewsSavers reduces losses and pins hopes on rallying like-for-likes
Value health and beauty chain Savers reduced its losses in the last financial year and is confident it is moving towards profitability.
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NewsJohn Lewis launches video guides
The department store chain has created a series of video buying guides for technology products featuring partners from its stores for its website.
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NewsOnline shops to transform future of retail property
Retailers need as few as 100 shops to achieve national coverage, compared with up to 300 three years ago, ex-Selfridges chief Peter Williams said.
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NewsFocus lines up sites for new small store format
DIY group Focus has identified 100 sites around the country for new stores as it develops a chain of smaller neighbourhood shops.
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Otto plans to expand its Russian operation
Mail order giant Otto intends to expand its Russian operation after acquiring the Russian subsidiary of bankrupt rival Arcandor’s Quelle division. Otto, which already considers itself market leader in Russia, is acquiring the rights to the Quelle brand, as well as some sub-brands and its internet domains in Germany and ...
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NewsSignet upbeat as Ernest Jones sales improve
Jewellery retailer Signet reported that an improvement at its Ernest Jones chain has helped it achieve almost flat UK like-for-like sales in its third quarter to October 31.
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NewsStrong October sales growth drives shares
The best October sales growth in almost a decade and more upbeat pronouncements from store chiefs helped catapult general retail stocks into orbit versus their All-Share and food counterparts.
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NewsMothercare could suffer from toy discounting
Maternity specialist Mothercare, which also owns Early Learning Centre (ELC), posts interims on Wednesday, when broker Singer expects flat profits of about £9.7m.
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NewsIkea: VAT cut had no sales impact
Ikea, the world’s biggest furniture retailer, said last year’s VAT cut did nothing to stimulate its UK sales and that the planned rise next year will be equally insignificant.
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NewsPlay.com investigated for customer data leak
Entertainment etailer Play.com is being investigated by the Information Commissioner’s Office (ICO) for a possible breach of the Data Protection Act.
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Sales at electronics retailer Yamada Denki climb
For the six months to September 30, sales at consumer electronics retailer Yamada Denki climbed 1.9% to JPY936.6bn (£6.3 bn). Operating profit fell 15.4% to JPY25.1 billion (£168 million). Net profit was down 20.2% to JPY16.4 billion (£110 million).
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NewsRecession to drive store card comeback
Store cards are posed for a comeback next year as retailers offer alternative lending options to consumers finding it hard to secure credit through other channels.
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NewsFranchisees demand a say as buyers eye First Quench
Trade buyers are among the frontrunners to buy the largest chunks of First Quench Retailing as the indicative deadline for offers closes today.
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Carrefour's Guy Yraeta is to leave the business
Carrefour’s Guy Yraeta, who is in charge of the group’s key European operations, excluding France, is to leave the business.Yraeta spent 33 years at Carrefour and is responsible for the hypermarket reinvention project, which is in the process of developing a new concept for Carrefour’s struggling hypermarket format. Until a ...
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NewsCotswold chases share in face of weakened Blacks
Cotswold Outdoor wants to increase its market share and is eyeing more shopping centre units as it expands.