All News articles – Page 1807
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NewsMarks & Spencer launches pick ’n’ mix sweets
Marks & Spencer will take advantage of the demise of Woolworths by launching a pick ‘n’ mix sweets range in 100 shops from September.
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NewsMorrisons to open a farm
Morrisons has teamed up with the Scottish Agricultural College to open a farm at Dumfries House in East Ayrshire.
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NewsMamas & Papas unveils Japanese expansion deal
Maternity specialist Mamas & Papas is to launch in Japan after striking a distribution deal with local nursery goods group Pigeon Corporation.
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NewsJohn Lewis celebrates ‘excellent’ sales week
John Lewis department stores put in their best sales performance of the year so far last week when turnover rose 2.2 per cent.
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NewsLuxury positioning protects sales and profits at Mulberry
Mulberry’s profits beat market expectations as its luxury positioning provided some cushioning against the economic downturn.
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NewsReborn Woolworths in line for profit within a year
Shop Direct Group this week resurrected Woolworths as an e-tailer and vowed to make the venture profitable in its first year of trading.
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NewsShock Kesa results top poor week for retail sector
Stores underperformed the market despite some impressive recent updates, and Anglo-French electricals group Kesa provided a reminder of how tough conditions remained with shocking results on Wednesday.
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NewsSainsbury’s ups site interactivity
Sainsbury’s has this week launched a new section on its website as it seeks to ramp up customer interaction with the brand.
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Shares at Gome rally
Shares at electricals retailer Gome have rallied after a seven-month suspension in trading when it revealed that US private equity firm Bain Capital will invest up to US$418m (£254.5m) in it.The deal gives Bain up to 23 per cent of shares, making it the second-largest shareholder, and will lend beleaguered ...
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NewsRetail’s rising stars mull float potential as sentiment lifts
Some of retail’s rising stars are weighing up options to float as early as next year as sentiment towards the sector improves.
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NewsWhole Foods refreshes UK flagship
US grocer Whole Foods Market has begun adapting the layout and product offer at its London flagship in an attempt to ramp up sales.
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NewsTheo Fennell founder returns to halt slide
Theo Fennell has vowed to restore the eponymous retailer he co-founded to its roots as a design-led jeweller after returning to the board and increasing his stake.
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NewsEstée Lauder redesigns website
Beauty brand Estée Lauder has redesigned its website, adding tools and content in an attempt to match the service experience customers get from one of its department store counters.
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NewsShareholder discontent hinders Marks & Spencer
The next few weeks are likely to bring share price turbulence for Marks & Spencer. Shares were trading at 293.75p earlier this week – well above the 52-week low of 191.9p but down from a 363p high.
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NewsTepid fundraising does job for Debenhams
City analysts have labelled the subdued take-up of Debenhams’ shares as part of its £323m fundraising a “disappointment” but said the department store group is nevertheless stronger as a result.
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NewsNine West deal opens doors for Kurt Geiger
High-end shoe retailer Kurt Geiger is expected to work with department store operator Debenhams for the first time after signing a deal with US shoe group Nine West.
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NewsPeter Davies plots ‘son of Principles’
Clarks chairman and former Principles owner Peter Davies plans to bring a new retailer to the high street to fill the gap left by fashion chain Principles’ collapse in March.
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Tesco committed to expansion in Thailand
Tesco remains committed to expansion in Thailand despite no clear sign of an economic recovery.The grocer – which trades under the Tesco Lotus banner in Thailand – plans to open five or six hypermarkets and 40 Express outlets in the present financial year.Tesco Lotus chief executive Steve Hammett said ...
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NewsFocus weighs up options for costly closed stores
Struggling DIY chain Focus is exploring “all avenues” as it seeks to shake off the £12m-a-year strain its 20-plus closed stores are putting it under.
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Pick n Pay expects sales to climb
Food retailer Pick n Pay has given an optimistic outlook for this year and said it expects sales to climb by up to 6 per cent year on year. This is despite retail sales across the country falling by 6.7 per cent year on year in April.Gareth Ackerman, chairman of ...