All News articles – Page 1947
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Kinnaird: Faith’s brand position will not change
John Kinnaird, the new owner of shoe retailer Faith, has unveiled his plans for the business and says he does not plan to reposition it.
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QVC debuts UK’s first beauty channel
TV shopping giant QVC has launched the UK’s first dedicated beauty channel.
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Game targets family market in festive ads
Entertainment retailer Game wants to tap into the family market with a Christmas ad campaign featuring animations of carol singers.
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Dunelm: the city view
Value homewares retailer Dunelm was one of the week’s winners after posting strong prelims.
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Financial market shockwaves hit as FTSE reaches three-year low
Turmoil in the financial market following the collapse of Lehman Brothers and banking sector panic pushed the FTSE 100 to its lowest point in three years on Tuesday.
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Ideal Shopping offers credit to persuade shoppers to spend
Ideal Shopping Direct is to test a short-term credit offer to encourage customers to spend through the credit crunch.
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Home Retail’s first-half slump lowers forecasts
Analysts took their red pencils to Home Retail forecasts after the downturn took a toll on Argos and forced the write-down of DIY chain Homebase’s carrying value.
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JoJo Maman Bébé mulls overseas offensive
Mother and baby specialist JoJo Maman B b is eyeing international markets as it bucks the downturn to reveal robust sales.
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Fashion drives volume rise in August
Strong fashion and footwear sales spearheaded a surprise 1.2 per cent rise in retail sales volumes in August while food groups suffered, according to ONS monthly sales data.
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Home Bargains cashes in on downturn as profits surge
Value retailer Home Bargains has recorded a 17 per cent leap in operating profits to 34.7 million in its full-year results as cash-strapped shoppers flock to its stores in search of cheap buys.
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Good site/bad site: Moonpig.com and Foot-locker.co.uk
Finlay Clark, senior retail strategist, Bigmouthmedia
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South Korean discounter to target China
South Korean retailer Shinsegae is to open 100 discount hypermarkets in China by 2015 in an attempt to take advantage of the country’s fast-growing consumer economy.
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Ikea to rein in expansion as housing crisis slows growth
Swedish furniture group Ikea has revealed that sales growth has slowed over the past year and that it will curb its expansion plans as the global housing market stalls.
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London rent growth slows as credit crunch bites
London’s position as a safe haven in UK retail has weakened, according to figures published this week.
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Topshop New York to miss Christmas debut
Topshop will not be opening in New York in time for Christmas after Sir Philip Green ran into building difficulties.
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EBay calls on EU to investigate ‘anti-competitive’ practices
EBay has asked the European Union’s antitrust chief to investigate companies that prevent retailers from offering their goods on the auction site or other e-commerce platforms.
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Kingfisher profits rise despite like-for-like fall
DIY retailer Kingfisher Group’s adjusted pre-tax profit climbed 23 per cent to 214 million in the first half but the retailer warned of tougher trading conditions in the second half.
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Aldi responds to launch of Tesco Discounter range
Aldi has said “it is very much business as usual” for the discount grocer after yesterday’s launch of Tesco’s 100 million Discounter range.
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European Commission urged not to extend footwear anti-dumping law
The European Commission is under pressure not to extend footwear anti-dumping laws after trade experts from a majority of EU states today made a surprise decision to oppose an extension of the duties.
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Tesco silences rumours over supplier switch
Tesco has confirmed its commitment to data warehouse supplier Teradata following the news that it has completed a project with an alternative supplier.

















