All News articles – Page 1893
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Celebrations makes 1,400 staff redundant
Greetings cards retailer Celebrations has made 1,400 staff redundant after its administrator was unable to find buyers for its 214 remaining stores.
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Shop Direct Group online sales soar
Shop Direct Group sales climbed 9 per cent in the six weeks to January 2 as more shoppers took advantage of later online delivery deadlines in the run-up to Christmas.
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Gap sales fall as shoppers delay Christmas purchases
A challenging December in the US hit fashion giant Gap, with like-for-like sales falling 14 per cent over the month.
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Nisa-Today's notches up record Christmas week
Symbol group Nisa-Today's notched up record sales in the week leading up to Christmas despite the “challenging economic environment”.
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John Lewis sales rocket 27%
John Lewis has delivered a barnstorming start to its clearance with weekly sales soaring 27.4 per cent on the previous year.
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Jessops festive like-for-likes up 3.1%
Jessops has reported a strong performance over Christmas despite the “challenging market conditions”.
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JD Sports reports strong Christmas
JD Sports posted strong growth over the Christmas period as it held its nerve and only went on Sale on Boxing Day.
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Thriving Cash Generator to expand
Value retailer and pawnbroker Cash Generator has ramped up its store expansion as it bucks the economic downturn.
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Retailers' worst fears not realised as multiples show resilience at Christmas
Retailers were able to muster some new year cheer after notching up robust Christmas performances despite the bloodbath on the high street.
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Ocado plots overseas move after sales high
Ocado is eyeing franchise and joint venture possibilities in an attempt to take the online grocery business international in 2009.
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Next profit on course as Sale strategy pays
Next has stood firm on its discounting strategy and will be clear of much of its Sale stock by the end of this week, despite lengthy and deep price cuts by its competitors.
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Tesco ads ramp up discount credentials
Tesco has this week launched an ad campaign claiming that it is Britain's cheapest supermarket.
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Co-op to pursue shoppers with brand campaign
The Co-operative Group is gearing up to launch a major brand campaign this spring after reporting a strong performance over Christmas at its food stores.
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New Look quells sale talk as trade holds up
Private equity-owned New Look has dismissed speculation that a “For sale” sign could be hoisted over the fast-fashion retailer in 2009 as it notched up like-for-like growth over the crucial Christmas period.
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Jones confident of JJB turnaround
The new management team put in place at JJB has vowed that there is a future for the beleaguered sports chain.
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Carphone Warehouse staff support tool given the thumbs-up
Carphone Warehouse has declared the roll-out of an application to support its branch managers a success.
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Dunelm still confident despite turmoil in homewares sector
Homewares retailer Dunelm posted a 5.6 per cent drop in like-for-like sales for the 26 weeks to December 27 but insisted it is in “very robust shape” to weather the downturn.
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Debenhams upbeat as it defies market woes
Department store group Debenhams will continue to reduce SKUs and maintain tight stock control after defying forecasts to report better than expected Christmas trading.
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City's frosty outlook thaws as retailers keep the blues at bay
Retail stocks headed so far south last year they neared the stock market's equivalent of the Antarctic. As the January reporting season kicked in it brought news of like-for-like sales declines but in many cases met admittedly low expectations and there were hopes of a thaw in attitudes to the ...
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My-wardrobe Christmas sales rocket
E-tailer My-wardrobe.com has reported a sparkling Christmas with sales up 210 per cent like for like in December.