All News articles – Page 2018
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How to build a thriving business
What makes a successful entrepreneur and how to build a business were two questions addressed by Alliance Boots boss Stefano Pessina, Space NK founder Nicky Kinnaird and Mohammed Alshaya at the World Retail Congress in Barcelona.
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Store design to have community feel
The concept of community will be at the heart of the successful store designs of the future, the World Retail Congress heard this morning.
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Ben Sherman: international to lead income
Iconic British brand and retailer Ben Sherman expects over half its income to come from overseas markets with the next year or so.
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Central Europe still has potential
The retail landscape in Central Europe is maturing, but it still represents an attractive opportunity for Western retailers.
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Lord & Taylor eyes Asian opportunities
US department store retailer Lord & Taylor will look for opportunities outside the US once it has realigned its US store portfolio, said chairman Richard Baker at the World Retail Congress this morning.
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Liberty sale postponed due to credit crunch
The owners of iconic department store Liberty have extended the deadline for a sale of the business, because of poor market conditions.
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Cultural awareness is vital
Alertness to local differences is key to success in emerging markets, the World Retail Congress heard.
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Shewmaker: Wal-Mart is underestimating competition
Wal-Mart, the world’s largest retailer, faces “really big challenges” if it is to maintain its success, former chief financial officer Jack Shewmaker has warned.
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Next plans new bonus scheme to revive share price
The bonus scheme introduced by Next in 2004 could be re-instigated by the retailer for its directors and executives, in an effort to drive its share price up, according to the Financial Times .
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John Lewis ramps up fashion credentials
John Lewis has bolstered its fashion business with exclusive partnerships with UK and international fashion brands.
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Communication is key
A genuine commitment to communication is key to retail success, the World Retail Congress heard this afternoon.
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Emerging markets offer risks and rewards
The emerging markets represent a significant growth opportunity for retailers, but is not without risks and challenges, according to a panel of major international retailers and retail experts speaking at the World Retail Congress in Barcelona.
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M&S in line for £3.5m cake-tax refund
Marks & Spencer is poised to receive a substantial VAT refund over a 13-and-a-half year legal battle over chocolate teacakes.
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John Lewis sales rise but Waitrose struggles
John Lewis delivered a solid sales performance in the week to April 5, but stablemate supermarket chain Waitrose’s weekly sales plummeted by more than 10 per cent.
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Guardian boss resigns from Tesco board
Guardian Media Group (GMG) chief executive Carolyn McCall has resigned from the Tesco board over the legal dispute between the publisher and the supermarket giant.
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Borders UK replaces finance director
Borders UK & Ireland has hired Mark Little as finance director, with effect from April 28.
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Tesco and Sainsbury’s fight their corners over inquiry
Tesco has slammed the Competition Commission’s proposed remedies, including a competition test, clamping down on exclusivity agreements and the introduction of an ombudsman to regulate supplier relationships.
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Understanding the journey
Technology should be used by retailers to enhance shoppers’ experience and better understand their needs, the World Retail Congress in Barcelona hears.
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JJB to reveal plans for roll-out of new format and store review
JJB Sports is expected to next week unveil the roll-out of its trial store format and plans to downsize its estate.