All News articles – Page 1879
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Woolworths online rebirth to tap entertainment
Woolworths is to be reborn as a serious player in the online entertainment market under the ownership of Shop Direct.
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Ideal Shopping direct: buyout speculation
Ideal Shopping Direct chief executive Mike Hancox has denied that its founders are plotting to take the TV shopping group private after they ousted board members.
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Co-op to tout 'social' brand values
The Co-operative Group has unveiled the details of a 10m brand campaign to communicate the benefits of shopping at a successful business that is owned by its members.
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Bloomingdale’s boss defends premium strategy
Department store retailers should continue to push upmarket in defiance of the downturn, according to Bloomingdale’s chairman and chief executive Michael Gould.
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Zavvi management table bid for business
The management of collapsed entertainment retailer Zavvi has made a bid for the company.
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Ailing Irish retailers call on government for protection
Irish retailers have urged their government to take action to ease the mounting pressures on beleaguered companies suffering in the recession.
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Retailers rally against recession as they outperform the index
General retail stocks and food retailers outperformed the All Share index after a better than feared festive reporting season.
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Carpetright invests in ads as rivals flounder
Carpetright is to plough more cash into its advertising this year as it seeks to take advantage of competitors suffering in the recession.
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Adili launches own-label to reduce losses and lift brand
Ethical fashion e-tailer Adili is pinning its hopes on the launch of an own-label womenswear offer to help reduce losses and further its growth potential.
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Baugur stakes in retailers seized
Baugur stakes in retailers including House of Fraser, Hamleys, and Iceland have been placed under the control of nominated receivers to prevent any asset sale.
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Signet sales fall prompts cash and costs focus
Anglo-American jeweller Signet is to slash costs and concentrate on cash generation after suffering a fourth-quarter sales slump.
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Gap sales decline despite stronger international performance
US fashion giant Gap continued to struggle to lift sales in America last month, despite an improving performance internationally.
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H&M takes axe to plans for divided store roll-out
Swedish retailer H&M will not expand its standalone Divided fascia because of doubts over whether it works well as a separate concept.
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H&M takes axe to plans for Divided store roll-out
Swedish retailer H&M will not expand its standalone Divided fascia because of doubts over whether it works well as a separate concept.
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Zavvi to close a further 17 stores
Defunct retailer Zavvi is to close a further 17 stores, leading to the redundancy of 242 employees.
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Zara to open stores in India
Spanish fashion giant Inditex has signed a deal to open stores in India in 2010.
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Baugur-backed Aurum confirms business review
Aurum Holdings, the jewellery group backed by beleaguered Icelandic investor Baugur, has confirmed that it has appointed Ernst & Young to review the business and has distanced itself from the investor, which is on the brink of administration.
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Interest rate slashed to 1 per cent
The Bank of England has slashed the interest rate to a record low of 1 per cent, a 0.5 percentage point drop.
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Baugur boss Johannesson lambasts Landsbanki
Baugur boss Jón sgeir Jóhannesson has hit out at creditors after the Icelandic investor was forced to seek protection from administration yesterday.
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Marks & Spencer wins £3.5m teacake tax battle
Marks & Spencer has won a landmark VAT battle about whether a chocolate-covered teacake should be treated as a biscuit or a cake.

















