All News articles – Page 1979
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News
Shopper loyalty hits new low
UK consumers are more disloyal than ever, with 22 per cent saying they are dissatisfied with the store they shop most at and would prefer to shop somewhere else.
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John Lewis sales slide
Department store chain John Lewis has reported a 1.3 per cent drop in weekly sales – the eighth decline in nine weeks – but said its clearance Sale is performing well.
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Shoppers queue for latest iPhone
Shoppers are queuing across the UK this morning to get their hands on the latest must-have Apple iPhone.
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BMB set to buy entire Pierre Cardin UK licence
Menswear supplier BMB is poised to acquire all of the UK licences for Pierre Cardin, in a deal that will have implications for Debenhams and Moss Bros.
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Government plans out-of-town impact test
The Government is to unveil planning laws today to stem out-of-town developments and safeguard high streets.
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Signet to delist in UK and relocate to Bermuda
Jewellery retailer Signet has recommended to shareholders that it move to the New York Stock Exchange and relocate the company to Bermuda.
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Sainsbury's e-tail service restored
Sainsbury's e-tail site is working again after being put out of action for much of the day because of supplier technical problems.
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Carrefour’s Dia to ramp up c-stores in Spain
Carrefour-owned Dia is poised to shake up the convenience store sector in Spain by rapidly expanding its Dia Market fascia.
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Walmart in line for £100m lift as it ups ante in fashion
US retail giant Walmart is taking steps to reinvigorate its fashion offer in a move that retail watchers say could add at least £100 million to its sales.
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MFI kitchens ads to woo top-end buyers
Furniture retailer MFI has launched an ad campaign for its K chen Lab range of German-engineered kitchens with the aim of tapping into the premium market.
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Spar targets emerging markets to beat crunch
Symbol group Spar International is attempting to defy the credit crunch with a strong global expansion campaign.
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NewsFat Face sales jump
Fat Face sales soared 16.3 per cent from £108.6 million to £126.4 million for the full year to May 31.
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Interest rate held at 5%
The Bank of England has held the UK interest rate at 5 per cent as spiralling inflation outweighs concerns over slowing economic growth.
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Tories caution on out-of-town quashing independents
A Conservative Party commission on the future of small shops has recommended the party adopts a tough stance against out-of-town parks to protect town centres.
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Instore directors stand down
Three Instore directors have resigned as part of a deal between shareholders Seaham Investments and Tradegro.
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Jones Lang LaSalle buys Churston Heard
Property agency Churston Heard has become the latest niche retail firm to be acquired in a takeover by Jones Lang LaSalle.
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Netto sales climb
Value retailers continue to pull in the customers, with Netto announcing a 7 per cent sales increase over the year to June 14.
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Consumer spend to slow to 0.5% next year
Consumer spending growth in the UK will slow to just 0.5 per cent next year as households face high energy and food prices and falling property values.
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Co-op to buy Somerfield for £1.6bn
The Co-operative Group is poised to buy Somerfield’s 955 stores in a deal worth 1.6 billion as early as next week, according to reports.
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Carrefour hypermarket sales slide
International retail giant Carrefour is to speed up the pace of change after second quarter sales slipped at its French hypermarkets.