All News articles – Page 1873
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Richer Sounds buys Empire Direct's online business
Electricals retailer Richer Sounds has bought the website of failed counterpart Empire Direct.
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Kaupthing requests nine-month extension to protection period
Nationalised Icelandic bank Kaupthing has requested a nine-month extension to the period in which it is protected from its creditors.
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Ziff buys Stylo stores
The management of shoe retailer Stylo, led by Michael Ziff, has bought 160 Stylo stores and 165 concessions from administrator Deloitte.
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Ann Summers parties gain in popularity as women seek extra cash
Ann Summers has had an influx of applications to host its eponymous parties as women try to find new ways to raise cash through the downturn.
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Fortnum & Mason losses narrow
Piccadilly department store Fortnum & Mason has narrowed its full-year losses after posting record sales.
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Majority of store chiefs gloomy about 2009 outlook
Two thirds of retailers do not expect trading conditions to improve before the end of this year.
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JJB places Qube and OSC into administration
JJB Sports has officially placed its Lifestyle division, comprising the Qube and Original Shoe Company chains, into administration.
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Kingfisher to meet full-year profit forecasts
Kingfisher has said it will meet full-year profit estimates after it reported a robust fourth-quarter performance from its UK division.
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Wickes owner Travis Perkins reports profits plunge
Builders’ merchant Travis Perkins has posted a plunge in preliminary profits but said its Wickes DIY chain has made a good start to the new financial year in key categories.
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Zavvi name disappears from the high street
Zavvi’s former chief executive Simon Douglas has bought eight stores from administrator Ernst & Young and plans to rebrand them under the fascia Head.
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Flying Brands chief executive steps down
Flying Brands has lost its chief executive Tricia Killen, less than a year after she joined the home shopping group.
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Body Shop profits dive
Body Shop’s profits slumped from €64m in 2007 to €36m in 2008, dragging down the performance of parent company L'Oreal.
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Sports Direct sales and profits ahead of expectations
Sports Direct has revealed sales and gross profits ahead of expectations despite a marked impact on gross margins due to sterling weakness.
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Thorntons posts 39% interim profit fall
Confectioner Thorntons’ profits plunged in the first half when sales at company-owned stores fell and margins suffered during highly promotional trading conditions.
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NewsThe Hut sticks with bespoke software in expansion drive
Entertainment e-tailer and white label e-commerce provider The Hut Group will stick with its strategy of developing bespoke software as it continues to increase the list of retailers it works with.
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Lidl set to replace store systems worldwide
Lidl is to replace its point of sale software and other store systems across its stores in 20 countries with a system from German software provider GK Software.
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Past Times completes EPoS refresh
Past Times has completed the roll-out of an EPoS application from Cegid/VCSTimeless and has enlisted the help of Vista Retail Support to maintain its EpoS estate.
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Wal-Mart posts quarterly profit fall despite record sales
Wal-Mart, the world’s biggest retailer, has reported a 7.7 per cent fall in fourth quarter profits after being hit by the costs of legal action and exchange rates.
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Asda revives 'pocket-tap' ads as sales climb
Asda is to reinstate its famous ‘pocket tap’ in TV ads to consolidate its appeal to value-conscious shoppers nostalgic for reassurance in the uncertain economic climate.
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Poundland extends food offer
Poundland has extended its food staples offer to include milk and sugar.