All News articles – Page 1861
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John Lewis reports 2.1 per cent weekly sales dip
John Lewis reported a dip of 2.1 per cent in its weekly sales as further uncertainty in the financial markets hit its business.
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Next refuses to pay all of Westfield's service charges
Fashion retailer Next is refusing to pay part of its service charge at Westfield London after the property developer increased its fees within days of the shopping centre opening.
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All Saints agrees financial restructure
Fashion chain All Saints is understood to have been saved from administration with a financial restructure.
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HMV Group appoints Channel 4 boss Andy Duncan as non-executive
HMV Group has appointed Channel 4 chief executive Andy Duncan as a non-executive of the retailer.
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JJB poised to sell health clubs arm to Dave Whelan
JJB is understood to be in the final stages of negotiations to sell its health clubs business to the chain’s founder Dave Whelan.
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Flying Brands profits plummet
Multichannel retailer Flying Brands has reported pre-tax profit plummeted 53 per cent in its full-year results to 1.5m.
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Baugur directors regroup for fresh retail venture
Directors of Baugur have created a new company to pursue deal-making opportunities in retail as they attempt to “move on” following the investor’s collapse.
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Land of Leather founders plot sofa chain comeback
The founders of collapsed retailer Land of Leather are to launch a new furniture chain in the midst of the toughest big-ticket retail environment in memory.
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WHSmith launches site for entertainment offer
WHSmith has launched a dedicated entertainment website selling more than 200,000 products.
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The Hut hatches plans for unstaffed high street shops
E-tailer The Hut is in talks with shopping centre owners as it mulls the possibility of taking its online venture into bricks and mortar.
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Asda hires ad guru to drive marketing strategy forward
Asda has drafted in a senior director from advertising agency Fallon to strengthen its marketing team.
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Clarks to keep focus on global expansion
Clarks is to continue its international growth as the global footwear giant’s sales reach 1bn for the first time.
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Debenhams winning market share
Debenhams will reveal next week that it has gained market share across mens-, childrens- and womenswear categories.
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Armani shelves Nottingham store after planning refusal
Armani’s plan to open a store in Nottingham has been thwarted after the council refused its application to alter the building earmarked for its debut.
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Topman pursues euro online as spend leaps
Menswear retailer Topman has benefited from a surge in online spend from Europe as canny shoppers take advantage of the strength of the euro against the pound.
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Farewell to Dixons luminary Robert Shrager
Former Dixons finance director Robert Shrager has died from cancer at the age of 60.
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Delhaize and Unilever settle price dispute
Belgian grocer Delhaize has settled the pricing row with FMCG group Unilever, which had resulted in several of its lines being pulled off its shelves.
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Threshers owner reviews head office positions
Off-licence chain First Quench Retailing has begun a consultation process with head office staff that could lead to up to 80 positions being made redundant.
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Eyes on JJB Sports as end of loan extension looms
Fears were growing over the future of JJB Sports as Retail Week went to press and the expiry of a standstill extension agreement with lenders loomed.
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Cash Generator TV debut to push profile
Cash Generator is to launch its first prime-time TV ad campaign this week to raise its profile among recession-hit consumers.