All News articles – Page 2071
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Jessops ‘on track’ as like-for-likes edge up
Camera specialist Jessops, which reported plunging sales and profits last week, has managed to increase like-for-like sales in recent weeks.
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Debenhams makes up ground in fashion market
Debenhams has clawed back fashion market share as its shares were buoyed by Dubai-based Landmark Group disclosing it had bought a 7 per cent stake in the department store group.
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Stead & Simpson up for sale as fears mount over trading
Footwear chain Stead & Simpson has raised a for-sale sign just six months after refinancing, as speculation mounted that it continues to struggle.
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Ashley: Sports Direct will bounce back in new year
Controversial entrepreneur Mike Ashley this week insisted that the Sports Direct model “is not broken” and that the sports retailer will improve its fortunes in 2008.
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Matalan to overhaul stores as profits rise
Matalan will revamp more than half of its store portfolio next year after pre-tax profits rose 8.5 per cent in the year to February 24.
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Aldi to stimulate growth in Ireland with €100m DC
Aldi plans to open a €100 million ( 71.3 million) regional distribution centre in the south of the Republic of Ireland in an effort to drive growth in the country.
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John Lewis sales up 6%
John Lewis has reported a 5.6 per cent uplift in sales for the week so far from Sunday.
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Dunelm: the City view
Despite its value credentials, homewares group Dunelm’s share price has been among the worst hit by jittery market sentiment.
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Landmark plans Indian global fashion emporia
Dubai-based Landmark Group – which this week declared a 7 per cent stake in Debenhams – will launch large-format department stores in India for its international fashion brands.
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Retailers’ woes deepen as new year gloom tarnishes prospects
Analysts took their red pencils to the sector, as uncertainty about next year’s outlook continued to undermine sentiment.
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MFI goes on £10m marketing spree
MFI has launched its biggest Christmas marketing campaign to date, to promote its new branding in the run-up to the critical Boxing Day Sales.
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The Works axes openings after downturn bites
The Works is to put its store opening programme on hold next year, following mixed sales in the run-up to Christmas.
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Julian Graves shakes up board
Julian Graves has reshuffled its board, as parent Baugur strives to reallocate the workload of senior executives and accelerate growth at the health food chain.
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Retailers’ wage rates surge past minimum
Two thirds of retailers are setting starting salaries significantly above the National Minimum Wage (NMW).
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Somerfield to carve a niche with focus on smaller stores
High street grocer Somerfield is to open more smaller stores as it seeks to distance itself further from big supermarkets.
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Everything to play for
Retailers to scrape through Christmas with heavy discounting, but the new year bodes ill
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Everything to play for
Retailers to scrape through Christmas with heavy discounting, but the new year bodes ill
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NewsRetail pays tribute to Pier creator Richards
Tributes have been pouring in for The Pier founder Alison Richards, who died at the weekend after a long battle with cancer.
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Ponden Mill becomes first Christmas casualty
Ponden Mill has fallen into administration just a month after it was bought for 6 million.
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Prada to float in 2008
Italian luxury goods house Prada has appointed advisers to work on an initial public offering next year.

















