All News articles – Page 1768
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NewsNew chair for Robert Dyas as debt deal nears
Hardware retailer Robert Dyas has lined up former Kingfisher director Geoff Brady as chairman and is concluding a debt-for-equity swap as it refocuses on trading following financial restructuring.
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NewsFigleaves broadens its offer with site revamp
Etailer Figleaves has taken a further step towards widening its offer as it unveils its new-look website.
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NewsRetail crime rises up Conservative agenda
A commission set up by the Conservative Party has recommended the Tories take a tough stance on retail crime and is aiming for the proposals to form part of the
party’s policy in the run-up to the general election. -
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Slide in US retailers’ sales performance may be slowing
There were encouraging signs that the slide in US retailers’ sales performance may be slowing as retailers released their like-for-like sales for August.Most notably, Target’s like-for-likes improved from a 6.5% year-on-year decline in July to a decline of 2.9% in August.Like-for-like declines at club store operators Costco and BJ’s Wholesale ...
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NewsTM Lewin signs second Regent Street store
Shirt specialist TM Lewin has secured its second site on London’s famous Regent Street.
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NewsJohn Lewis Value range to launch
The department store group will launch a lower-priced range of products for the first time on Monday.
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NewsJane Norman outsources IT for out-of-hours
Jane Norman has introduced an out-of-hours helpdesk service from Retail Assist to support its 101 UK stores.
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Toys R Us has reported on its second quarter
Toys R Us has reported on its second quarter ending August 1. Net earnings increased to $27m (£17m) compared with $13m (£8m) for the second quarter of last year.However, net sales were down, declining 7.4% to $2.57bn (£1.57bn). Like-for-like net sales decreased 7.2% and 3.9% for its domestic and international ...
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NewsMoonpig seeks global growth as profits soar
Online greetings card retailer Moonpig.com is confident of continued growth and is eyeing further international markets after reporting pre-tax profits more than doubled.
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NewsInternational the next frontier for Thorntons
Thorntons is exploring export opportunities for its famous chocolate brand, as it seeks to push its business internationally.
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NewsOptimism and merger talk send shares flying
Sunnier economic signs and excitement generated by some potentially massive mergers pushed the FTSE 100 to a new high for the year on Tuesday.
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NewsStrong UK trading drives Kingfisher’s first-half profits
B&Q parent Kingfisher revealed better than expected pre-tax profit figures this week for the six months to August 1, driven by a strong performance in the UK.
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NewsHouse of Fraser sets its sights on overseas expansion drive
House of Fraser is planning to open stores overseas in the next stage of its expansion plans under private equity owner Highland Group.
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NewsPrimark posts good sales despite mixed weather
Primark has continued to deliver strong sales, the value fashion powerhouse’s parent Associated British Foods revealed in its pre-close statement ahead of November’s interims.
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Department store operator Woolworths posts results
Department store operator Woolworths posted results for the year to June and said that consolidated turnover rose 5.5% to R21.18bn (£1.6bn). During the same period, operating profit fell 18.1% to R1.64bn (£124m).Reduced profits from discounted food ranges were offset by improved clothing and general merchandise margins, which came as a ...
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NewsTheo Fennell confident of turnaround
The new management of luxury jeweller retailer Theo Fennell are confident they can take the retailer “back to basics” after suffering a loss of £3.3m.
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NewsMint Velvet unveils its first collection
Clarks chairman Peter Davies’ new retail venture Mint Velvet unveiled its first collection this week.
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NewsQD Stores to expand in value climate
Value retailer QD Stores is embarking on a rapid expansion plan as it takes advantage of shoppers’ search for low-cost deals in the recession.
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NewsHMV to open temporary stores for Christmas
Entertainment group HMV is to open up to 15 temporary shops over Christmas, including one in Bluewater, to capitalise on the disappearance of rivals Woolworths and Zavvi.
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NewsJewellery chain F Hinds suffers from Christmas trading hangover
Family-run jewellery chain F Hinds reported turnover in its last financial year was down 4% to £50.8m as it suffered from poor Christmas trading.