All News articles – Page 2081
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Robert Dyas profit hit as homewares falters
General merchandise retailer Robert Dyas’s pre-tax profits slumped by more than a third to 3.6 million in its full-year results to March 31.
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Tesco makes its own food for Fresh & Easy chain
Tesco has revealed that it is effectively running a vertically integrated food processing facility at its distribution centre on the edge of Los Angeles.
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Analysts back Morrisons as ad campaign gives sales new life
Morrisons’ recovery has legs, analysts said after the grocer posted sparkling interim results.
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Body Shop hires chief executive from L’Oréal
The Body Shop has drafted in L’Or al executive Sophie Gasperment to be chief executive from June.
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John Lewis sales continue to climb
John Lewis has reported a 4.6 per cent increase in year-on-year sales from Sunday to Wednesday, driven by sales of outdoor clothing and Christmas ranges.
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Topps Tiles confident despite slide in profit
Tiles and wood flooring specialist Topps Tiles reported a dip in full-year profits, but remained bullish about the coming year.
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M&S unveils Pantheon store revamp
Marks & Spencer boss Stuart Rose and the retailer’s celebrity face Twiggy unveiled a revamp of its historic Oxford Street Pantheon store on Wednesday.
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Retailers will need late rush to save Christmas
High street sales are continuing to grow, but retailers will need a late Christmas rush if hopes for a strong performance are to materialise, according to the CBI's latest Distributive Trades Survey.
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Green to export Topshop further after US signing
Tycoon Sir Philip Green’s Topshop, which this week secured its first US store in New York, is poised to enter more foreign markets.
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George chief shakes up top team to drive growth
The boss of Asda’s George has carried out a wide-ranging management restructure less than three months into the role, in an effort to drive growth at grocer’s 2 billion clothing business.
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Thanksgiving e-tail high gives US Yuletide hope
US retailers are banking on online sales to rescue Christmas after shoppers lapped up e-tail promotions over the critical Thanksgiving weekend last week.
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Office profits soar as it eyes Middle East stores
Sir Tom Hunter’s flagship footwear business Office has set its sights on the Middle East as it gears up for a record-breaking UK sales performance next year.
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Carrefour circles Migros as it plans Turkish powerhouse
Carrefour chief executive Jos Luis Duran has expressed a firm intention to buy Turkey’s leading supermarket chain Migros.
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B&M seeks backer to fund growth agenda
Discount variety retailer B&M Bargains has enlisted Deloitte to advise on a refinancing of the business to fund an accelerated store expansion strategy.
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Waitrose’s Price backs grocery inquiry, but defends needs test
Waitrose has thrown its support behind the Competition Commission’s inquiry into the grocery market, but has warned that the proposal to abolish the so-called needs test could damage town centres.
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Dress-for-Less bags private equity backer
Private equity firm Palamon Capital Partners has taken a stake in Europe’s largest online designer fashion store Dress-for-Less and plans to raise the e-tailer's presence in Europe.
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JJB Sports revenues creep up
Sports fashion retailer JJB said it remained cautious about the retail market, as it reported total revenue up 1.6 per cent for the 17-week period to November 25.
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Kingfisher profits slip
Third-quarter profits at DIY retailer Kingfisher remained flat amid a softening UK housing market and rising mortgage rates.
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Findel posts record first-half results
Findel chief executive Patrick Jolly has said the home shopping group may benefit from the UK credit crunch as it announced record first-half sales and profits.
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Chancerealm to switch chains to its Ryman Stationery fascia
Theo Paphitis’s Chancerealm is to rebadge its Ryman chain following a successful pilot at stores in Crewe, Carlisle and Birkenhead.