All News articles – Page 1992
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Netto thrives as it benefits from penny-pinching
Value grocer Netto reported an 11 per cent increase in UK turnover to £696.4 million for the 12 months to December 31 last year and has vowed to deliver further growth this year.
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Ted Baker fashions upmarket Noir format
Ted Baker is to launch a store format for its premium mens- and womenswear ranges and open a raft of stores as it continues to buck the downturn.
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Tesco takeover of Dobbies almost complete
Tesco now owns 90.13 per cent of the shares in Dobbies, after announcing last week that it would take the retailer private within the next month.
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Teknosa Planet, Istanbul
Walk around a technology store in the UK and chances are you’ll find yourself in a variant of a racetrack layout, with a confusing mesh of overhead signage. This means time spent on finding the appropriate category, as well as a frustrating shopping experience.
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ScS fights to hold on to supplier insurance as sector fears grow
Sofas specialist ScS is in talks with Euler Hermes, the world’s biggest credit insurer, in an effort to retain cover for its suppliers.
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Ann Summers raises curtain on plush look
Ann Summers unveiled a new-look store on London’s Oxford Street on Monday that has been designed to give the brand a more upmarket feel.
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Borders to cut jobs as systems are overhauled
Borders is to axe an undisclosed number of jobs as it implements “fundamental change”.
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M&S to devote space to Per Una tailoring
Per Una, the exclusive brand created for Marks & Spencer by fashion entrepreneur George Davies, is to open dedicated space for its tailored product for the autumn/winter season.
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Sales flourish at Paul Smith as tourists cash in on strong euro
Legendary retailer and designer Sir Paul Smith’s London stores have experienced a sales surge from European shoppers taking advantage of the strength of the euro.
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Fresh look for Fresh & Easy
Tesco rethinks format to create a ‘warmer’ feel as it prepares to press on with US store openings
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Fashion sales lift John Lewis
John Lewis Partnership posted a 3.9 per cent sales rise in the week to June 7.
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Moss Bros like-for-likes fall 1.5%
Moss Bros, the menswear retailer that Icelandic investor Baugur considered buying, has reported a 1.5 per cent fall in like-for-like sales for the 19 weeks to June 7.
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High petrol cost hitting out-of-town, says Rose
The rising cost of fuel is benefiting the high street at the expense of out-of-town retail parks, said Marks & Spencer chief executive Sir Stuart Rose.
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Tesco combines school and club voucher schemes
Tesco is to merge its two voucher schemes to create one bumper offer, following feedback from participating schools and clubs.
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Gee family could sell Moss Bros stake
Moss Bros founding family member shareholders the Gee family are understood to be considering selling their stake in the menswear retailer.
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Man held over Sainsbury’s killing
A man has appeared in court over the death of a 57-year-old shopper at a Sainsbury’s store in Merton, southwest London, which resulted from an argument over queue-jumping.
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Woolworths fined £350,000 by FSA
Woolworths has been fined 350,000 after being penalised for contravention of disclosure rules in December 2005.
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Green warns worst trading is yet to come
Arcadia boss Sir Philip Green has said the worst of the credit crunch has yet to hit the high street.
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HMV shareholder sells a third of holding
HMV shareholder Brandes Investment Partners has sold more than a third of its holding in the entertainment retailer.
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Carphone: Best Buy tie-up will bolster business
Carphone Warehouse has said its partnership with Best Buy will enable it to offset challenges presented by the downturn, after it reported a cautious outlook because of falling broadband demand.