All News articles – Page 1769
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News
FD Lab to launch its own toy brand in Moscow store planned for Hamleys
Retail franchise company FD Lab will launch its own toy brand in the Moscow store Hamleys was planning to make its Russian debut in until talks with FD Lab fell through last month.Skazka, which roughly translates to “fairy tale”, was developed in a matter of weeks and the four-floor store ...
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NewsBHS introduces premium lingerie range
Department store chain Bhs has this week introduced a premium lingerie range to 25 stores and online in an attempt to cash in on the growing lingerie sector.
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NewsAsos tempts UK customers with free returns
Asos has introduced free returns for all UK customers as part of an overhaul of its delivery options.
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NewsAsda hires former Boots man as supply director
Asda has appointed former Boots supply chain director Gavin Chappell as its supply director.
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NewsHarold Tillman: ‘Aquascutum not shifting from luxury’
Entrepreneur Harold Tillman has vowed to maintain Aquascutum’s luxury position after the Jaeger owner bought the brand from Japanese owner Renown.
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Malaysian government moots allowing foreign hypermarket operators to open convenience stores
The Malaysian government is considering allowing foreign hypermarket operators such as Tesco to open convenience stores in the country, domestic trade and consumer affairs minister Datuk Ismail Sabri Yaakob said.Malaysia has eased restrictions on foreign retailers since a 2002 ban on superstores aimed at protecting local traders. While Carrefour, Tesco, ...
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News
Fast Retailing aims to lift annual sales more than sevenfold
Multinational clothing retailer Fast Retailing aims to lift annual sales more than sevenfold by 2020, to reach ¥5 trillion (£32bn).As well as entering Russia next year with its Uniqlo flagship banner, the retailer wants to add about 100 stores a year in China. The group will also be seeking to ...
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NewsBarratts Priceless adds user review facility to its sites
Barratts Priceless is encouraging customers to write ratings and reviews across its six websites.
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NewsPets at Home launches first TV ad campaign to raise its profile
Pets at Home is to embark on its first national TV ad campaign as it seeks to raise awareness of the brand.
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CBD eyes up acquisition prospects
Casino-owned retailer CBD is eyeing up acquisition prospects after receiving a BRL600m (£178m) funding injection.Brazilian bank Itaú Unibanco granted CBD the money after the bank sought to relax a consumer finance venture with the retailer. The bank, which has similar relationships with other Brazilian retailers, wanted to end exclusivity clauses ...
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NewsHollister to debut in Scotland with Aberdeen signing
US fashion retailer Hollister is on the verge of signing for its first Scottish store at the new Aberdeen retail development Union Square.
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News99p Stores builds offer with lower price-point line
99p Stores has begun to sell lower price-point products to widen its appeal to customers.
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Auchan has signed an €800m loan
Retail conglomerate Auchan has signed an €800m (£686m) loan after taking double the launch amount.Syndication proved to be straightforward for the supermarket group, which raised more than €1.3bn (£1.1bn) from the market. HSBC, Intesa, Sanpaolo, Natixis and Santander led the transaction.After being increased from €400m (£343m), lenders’ allocations were also ...
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NewsCarrefour pins €600m on revitalising sluggish sales
Recession-related despondency is being tackled at Carrefour with the launch of a new marketing campaign for its struggling French operations.
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China Resources Enterprise posted a 9.6% turnover increase
Grocer China Resources Enterprise posted a 9.6% turnover increase to HK$18.98bn (£1.5bn) at its retail division for the first half ending June 30, although profit attributable to shareholders fell 27.7% to HK$276m (£21.8m).Managing director Chen Lang said: “We will continue to focus on our core businesses in order to solidify ...
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NewsHMV takes a 50% stake in 7digital
HMV last week announced that it has taken a 50% stake in 7digital, thrusting the digital media company into the retail spotlight.
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News
Family Dollar reveals a 2.6% net sales increase year on year
Discount variety store operator Family Dollar posted results for the fourth quarter ending August 30, revealing a 2.6% net sales increase year on year to about $1.81bn (£1.1bn).Like-for-like sales for the same period increased 1%. Sales for the full year reached $7.4bn (£4.5bn), corresponding to 6% growth year on year ...
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NewsHigh & Mighty sold to N Brown
High & Mighty has been sold to JD Williams & Company, part of the N Brown Group, as part of a pre-pack administration.
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NewsAl Gore invests in Ocado
Online grocery retailer Ocado has completed a £50m financing to continue to grow the company, including an investment from former US vice-president and environmental campaigner Al Gore.
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NewsJohn Shannon sells Adams
Adams Childrenswear and Mini Mode have been sold to investment group Habib Alvi Investments, an arm of Habib Alvi Group.