All News articles – Page 1939
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Borders kicks off shares drive to inspire staff
Bookseller Borders UK has started a share incentives scheme, offering staff the chance to buy up 20 per cent of the business.
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Argos aims for 30 smaller stores in London
Catalogue store group Argos has spotted potential for up to 30 smaller stores in London after a successful pilot.
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NewsHarvey Nichols set to axe homewares
Harvey Nichols is to axe homewares from its Knightsbridge flagship store in a bid to expand its fashion offer.
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NewsWestfield tenants angry over ‘nightmare’ charges
Major retailers have criticised Westfield London this week over problems they are facing fitting out their stores ahead of the scheme’s opening at the end of this month.
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JJB sports: The city view
JJB Sports’ interim results were shrouded with controversy when the auditor’s report revealed a dispute with Bank of Scotland over an alleged breach of banking covenants.
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General retailers bear brunt as financial market woe ricochets
Turmoil continued to engulf global financial markets and general retailers were again worse hit than the All Share index, despite some impressive updates.
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Icelandic saga is not over yet
Gory scenes tend to loom large in Icelandic sagas and the financial story unfolding there is proving no exception. The question is, will UK retail feature in one of its bloodier chapters?
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Moss Bros trading gets boost as takeover prospect subsides
Moss Bros is benefiting from the end of takeover speculation and has reported a robust start to its second half.
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Profits soar at Game but like-for-likes slow
Computer entertainment group Game revealed record interim pre-tax profits on Tuesday.
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Hotel Chocolat debuts cafe in Bristol
Hotel Chocolat opened its first dedicated shop-cum-caf in Bristol last week, following a trial at its Kensington High Street store in London.
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Homewares clearance site to help shift surplus stock
A former managing director of retailer OKA Direct has launched an e-tail operation selling home retailers’ clearance stock.
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Metro to double Indian cash and carry outlets
German supermarket giant Metro is to double its number of cash and carry outlets in India, as its rivals gear up to take advantage of the fast-growing economy.
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French retail market will be ‘first to bounce back’
The French retail market is set to prove more resilient than its European counterparts as industry observers predict the country will lead a European retail recovery next year.
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Sir Philip Green to stock Arcadia brands in Bhs stores
Sir Philip Green is to try out some of his Arcadia brands in his Bhs stores for the first time.
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Debenhams streamlines promotions
Debenhams is to reduce its number of promotions as part of new managing director Angela Spindler’s strategy.
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NewsAmazon UK to sell clothing range
Amazon UK is gearing up to launch a full range of apparel on its web site as it seeks to gain a share of the growing online clothing market.
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Asos celebrates most profitable day to date
Fashion e-tailer Asos enjoyed its most profitable day to date on Tuesday, in stark contrast to dire performances being reported by high street retailers.
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Sir Terry Leahy: Tesco will adapt to downturn
Tesco has admitted its Finest and Organics ranges have stopped growing, as shopper patterns change in the wake of the economic downturn.
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Harrods sales dodge high street adversity
Harrods has bucked the retail gloom to post record sales in the year to February 2 and continued growth over the summer.
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Mosaic plots overseas offensive as it delivers a steady first half
Mosaic is to focus on overseas expansion to drive sales after notching up a 6 per cent increase in first-half EBITDA to 33.4 million.