All News articles – Page 2032
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John Lewis sales fall
John Lewis blamed unseasonable weather, Mother’s Day and televised sporting events for a 1.4 per cent fall in sales in the week to March 8.
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Morrisons scoops Retailer of the Year award
Supermarket giant Morrisons stormed the Retail Week Awards last night, walking away with Retailer of the Year.
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RWC08: bosses warn retailers to stick to the basics
The bosses of DFS, Selfridges and Majestic Wine told delegates that retailers should “stick to the knitting” and not abandon the principles of their business during the present dip in consumer spending.
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John Lewis hires ex-Figleaves chief for online
John Lewis has appointed former Figleaves chief operating officer Robin Terrell as managing director of its John Lewis Direct online arm.
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Carrefour unclear on Halley family’s stake
Uncertainty hangs over the strategic direction of Carrefour, after changes to its shareholder structure paved the way for activist investors to tighten their grip on the world’s second largest retailer.
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Russia’s Eldorado hit with hefty back-tax bill
Russian electricals retailer Eldorado, in which UK retailer DSGi considered investing, faces back-tax claims of up to Rub15 billion ( 312 million), which could force it to sell assets.
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John Lewis Oxford Street food hall a hit
Waitrose managing director Mark Price has revealed that the food hall at John Lewis’s Oxford Street department store is delivering sales of about 400,000 a week.
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Thresher supremo vows to double store profits
The new boss of off-licence group Thresher wants to double store operating profit in the next four years as part of an overhaul of brands, stores, customer service and technology infrastructure.
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House of Fraser raises curtain on High Wycombe
House of Fraser has opened its second store in a week in High Wycombe.
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Alliance Boots snaps up duo to fortify marketing
Health and beauty giant Alliance Boots has strengthened its marketing team for Boots with two appointments.
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Irish chocolate chain readies for UK debut
Irish chocolate retailer Butlers Chocolate is gearing up to launch in the UK and take on Thorntons and Hotel Chocolat.
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Victoria Square unveiled in Belfast
The 1 million sq ft (92,900 sq m) Victoria Square centre in Belfast opened its doors last week after nearly four years of construction, bringing with it 800,000 sq ft (74,320 sq m) of retail space.
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Original Factory sets sights on Irish stronghold
The Original Factory Shop is to embark on a substantial store opening programme in Northern Ireland.
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Rose defends his dual M&S role as sparks fly
Marks & Spencer chief executive Sir Stuart Rose has accused his corporate governance critics of adopting an “ideological” stance and insisted that controversial boardroom changes are in the retailer’s best interests.
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Suppliers unite over £11m debts from Stead & Simpson collapse
A group of footwear suppliers have joined forces to demand a creditors’ meeting with Price-waterhouseCoopers over the sale of Stead & Simpson to rival Shoe Zone.
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RWC08: ethics still second to price, claim value chiefs
Value retail shoppers are more concerned about price than ethical sourcing, according to a panel debate at the Retail Week Conference.
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RWC08: DSGi to launch Tech Guys across Europe
DSGi chairman Sir John Collins has committed to roll out the retailer’s Tech Guys service across Europe after firming plans to improve service levels across the company to retain a competitive specialist edge.
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Austria’s Wolford pursues growth across the UK
Austrian luxury apparel retailer Wolford is to embark on an ambitious expansion programme across the UK and Ireland.
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Ted Baker set to notch up £22m profit
Quirky fashion retailer Ted Baker is expected to meet consensus profit expectations of about 22 million when it posts its preliminary results next Tuesday.
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Wickes on mission to double store empire
Travis Perkins-owned DIY chain Wickes has embarked on an ambitious expansion programme, with plans to double its store portfolio in the next seven years.