All News articles – Page 276
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NewsSuperdry swings to profit as it hails ‘signs of recovery’
Superdry has swung to a half-year profit and hailed “clear signs of brand and financial recovery” despite suffering a fall in sales.
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NewsPrimark posts festive sales gains but lags pre-pandemic levels
Primark has registered a spike in sales during the crucial Christmas trading period but lagged behind pre-pandemic levels.
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NewsIceland freezes prices on £1 value range to ease cost-of-living crunch
Iceland has vowed to freeze the price of more than 60 of its £1 value lines to ease the cost-of-living crunch piling pressure on its customers.
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NewsIn The Style and Burberry deliver festive sale upticks
Luxury fashion operator Burberry has delivered a rise in festive sales driven by full-price demand, while value etail operator In The Style has relied on discounting to bolster sales of delayed ranges over the Christmas period.
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NewsWHSmith Christmas sales slide as retailer eyes travel sales resurgence
WHSmith has recorded a fall in sales over the Christmas trading period but has stressed it does not expect the Omnicron variant to derail its travel sales recovery.
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NewsNRF 2022: Nordstrom exec pledges to make Asos a 'big deal' for the US consumer
Nordstrom president and chief brand officer Peter Nordstrom said that Asos’ concession in the famous American chain could be the silver bullet it needs to be front of mind for US shoppers.
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NewsExclusive: The Body Shop poaches Estée Lauder executive to helm UK
The Body Shop has appointed Estée Lauder’s Maddie Smith as its UK boss and further bolstered its top team with a new executive role for its current UK managing director Linda Campbell.
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NewsHotel Chocolat nudges up profit forecast after festive sales rise
Hotel Chocolat expects full-year earnings to come in just ahead of expectations after sales rose over Christmas.
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NewsThe Hut posts record sales of more than £2bn after strong final quarter
Online retailer and tech group THG – The Hut – has reported full-year sales of more than £2bn after “significant growth” over the peak trading period.
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NewsAmazon postpones proposed ban on Visa credit cards
Amazon has suspended plans to stop accepting UK Visa credit card payments as the etailer and payments giant attempt to resolve their dispute over fees.
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NewsNRF 2022: The time is right to break into the Chinese market, says Alibaba exec
Alibaba’s head of Tmall Global in Americas Tony Shan urged retailers to make moves in the Chinese market, when speaking at NRF 2022 in New York this weekend.
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NewsAsda owners the Issa brothers eye up Boots
Entrepreneurs Mohsin and Zuber Issa, the owners of Asda, are considering acquiring health and beauty giant Boots which has been put up for sale by Walgreens.
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NewsRetail mourns industry leaders Lord Sainsbury and Lord Myners
Two of the retail industry’s most outstanding leaders, who in different ways helped shape its direction, have died.
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NewsSainsbury’s creates new senior role as part of food team reshuffle
Sainsbury’s has promoted internally to fill its newly created chief transformation officer role as part of a wider shake-up of its commercial food team.
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NewsBoots unveils lower prices in store for Advantage Card holders
Boots has introduced discounted prices on selected products in store for Advantage Card holders.
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NewsFortnum & Mason hails strong Christmas but swings to first loss in over a decade
Fortnum & Mason has reported a strong Christmas trading period after Covid restrictions and store closures caused it to swing to its first full-year loss in 12 years.
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NewsQuiz grows festive sales despite slump in online demand
Quiz has posted a jump in Christmas sales as customers flocked back to its stores and concessions at the end of last year.
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NewsSainsbury’s poaches McColl’s commercial chief for key food role
Sainsbury’s has poached McColl’s chief commercial officer to take up a key food role as it ramps up focus on its core grocery business.
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NewsCurrys golden quarter sales slip in ‘softer’ electricals market
Currys has nudged down its profit guidance after suffering a decline in sales during the crucial Black Friday and Christmas trading period.
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NewsJD Sports boss Peter Cowgill nets £21m after selling half his shares
JD Sports executive chair Peter Cowgill has sold 10 million of his shares in the sporting goods retailer, over half of his shareholding.