All News articles – Page 1740
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NewsBrightHouse like-for-likes rise 9.9% in first half
Rent-to-own electricals and furniture retailer BrightHouse’s like-for-likes climbed 9.9% in the six months to September 30.
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NewsBoots awaits decision on bid for Swedish chain
Alliance Boots is expected to learn this week whether it has been successful in its bid to buy part of Sweden’s pharmacy monopoly.
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NewsThreshers: store closure list
The administrators of Threshers owner First Quench have published a list of stores earmarked for closure, following yesterday’s announcement that 373 shops are to be shut with the loss of nearly 2,000 jobs.
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NewsLiberty sales ‘stronger than last year’
London department store Liberty has reported “strong” sales in July, driven by sales from womenswear and its own-label brand, Liberty of London.
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NewsThe Body Shop reports like-for-likes down 0.9%
The Body Shop reported like-for-like sales down 0.9% in its third quarter to September 30.
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NewsJohn Lewis records best month of year so far
John Lewis beat tough comps last week to beat last year’s performance by 7.8% and make October its best month of the year so far.
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NewsMid-market retailers report 2.1% uplift in October
Mid-market retailers reported a 2.1% uplift in like-for-like sales in October, marking a tentative recovery in high street spending.
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NewsPostal strikes called off
Etailers will be breathing a sigh of relief this morning as the postal strikes have been called off until at least the New Year.
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NewsTrago Mills profits take a hit in recession
West Country retailer Trago Mills suffered a fall in profits and sales in the year to December 31, 2008.
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NewsMarks & Spencer and Next results surpass expectations
Updates from the two biggest quoted fashion groups, Marks & Spencer and Next, pleased brokers as each retailer reported encouraging recent trading.
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NewsPrimark juggernaut powers on as expansion spurs sales
Primark posted results in line with City expectations, including a 7% rise in like-for-like sales in the year to September 12.
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NewsVictoria’s Secret unveils plans for launch in UK and Europe
US fashion and beauty giant Limited Brands has outlined plans to open Victoria’s Secret stores in strategic markets including the UK as part of an international expansion drive.
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NewsNew online start-up to mimic eBay
A new website set up by a former clothing manufacturer and retailer claims to have ambitions to be the “biggest rival” to eBay.
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NewsDairy Crest to ramp up food home delivery
Dairy company Dairy Crest is gunning to reach 250,000 customers by March for its home delivery, direct-to-customer Milk&More offer.
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Consumer confidence continues slow recovery
Consumer confidence in the UK continued to increase in October, but levels remain fragile.
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National Retail Federation expressed concerns over financial difficulties
The National Retail Federation expressed concern that thousands of retailers in the US could face financial difficulties after lender CIT Group filed for bankruptcy protection.CIT lends to 2,000 companies that supply merchandise to more than 300,000 stores. Around 60% of the US apparel industry depends on CIT for financing.CIT chief ...
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NewsPerfume Shop launches Christmas marketing drive
The Perfume Shop is offering shoppers deals of up to 60% off
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NewsMarks & Spencer and Next chiefs see market stabilising
Marks & Spencer executive chairman Sir Stuart Rose intends to trade the business at full price through the Christmas period on the back of improved consumer confidence.
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NewsDunelm celebrates surge in sales and profits
Value homewares retailer Dunelm brought forward its trading update after better than expected trading.
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NewsH Samuel creates pack to cash in on in-store proposals
Jewellery chain H Samuel is introducing in-store ‘proposal packs’ for men to cash in on the increasing trend for customers to propose to their partners in its stores.