All News articles – Page 2019
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News
Mothercare social site signs up 40,000 users
Mothercare has notched up close to 40,000 subscribers on its social networking site, Gurgle.com.
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Woolies to extend its kids’ brands overseas
Woolworths has struck two deals with overseas partners to bolster its Chad Valley and Ladybird brands internationally.
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Mosaic bids to take Principles upmarket
Mosaic has unveiled the first fruits of its turnaround strategy at smart womenswear chain Principles, 18 months after acquiring the retailer.
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NewsQS to open in supermarkets
Value fashion retailer QS is to open concessions in grocery chains Somerfield and the Co-operative Group, as it restructures after the departure of its chief executive.
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Evans Cycles maps route to triple stores
Evans Cycles has revealed plans to more than triple its number of UK stores, after Active Private Equity bought a majority stake in the specialist retail chain this week.
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Brooks Brothers to expand in UK despite boss's gloomy predictions
Upmarket fashion retailer Brooks Brothers is poised to open a raft of stores in the UK, despite boss Claudio Del Vecchio’s warnings of a worsening global economic crisis in the second part of this year.
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Aquascutum to launch new store format
Luxury retailer Aquascutum will unveil a new store format this year, 12 months after its owner injected 40 million to revitalise the brand.
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Tesco revs up Express opening programme
Tesco plans to rapidly increase the number of its Express stores this year as it tightens its grip on the 26 billion convenience sector.
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Gap sales take a plunge
Fashion retailer Gap's sales tumbled 12 per cent to US$1.37 billion ( 691.2 million) for the five weeks to April 5.
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Asda sales for March ahead of plan
Asda has revealed its March sales exceeded expectations, posted as parent Wal-Mart delivered its monthly trading update.
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Baugur hungry to increase portfolio of brands
Baugur plans to create additional holding companies for its portfolio of brands and seek out new global investments after amassing a 430 million war chest.
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Sainsbury’s to merge roles as McMeikan exits
Sainsbury’s decision to merge its supply chain and retail director roles could enhance in-store availability, analysts say.
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Matalan poaches Debs trio for fashion assault
Matalan has lured three executives from Debenhams’ young women’s fashion brand Red Herring to oversee the relaunch of its own young-fashion offer.
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Debenhams: the city view
The department store group, in which Merrill Lynch Private Equity recently sold its stake, issues interim figures on Tuesday.
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Bank of England cuts interest rate to 5%
The Bank of England has cut the interest rate from 5.25 to 5 per cent, giving hard-pressed retailers a lift.
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Multiyork trials new store format to push sales
Sofa specialist Multiyork is to test four different sized new-format stores in an effort to clarify its offer and drive sales.
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Thriving sales in China offer route for growth
Chinese retail sales continue to soar in contrast to countries hit by the global downturn, ensuring the market will remain one of the most appealing to international retailers.
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NewsGerman discounter merger in danger as regulator acts
The German grocery regulator could block a landmark merger that would shake up the discount grocery market in the country.
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Topshop and Topman set for record years
Young-fashion chains Topshop and Topman are on course for record years despite the savage downturn in the fashion market, owner Sir Philip Green revealed this week.