All News articles – Page 404
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NewsFurniture Village reports sixth consecutive year of growth
Furniture Village posted an increase in turnover as losses narrowed in its full-year results despite “subdued consumer confidence”.
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NewsJohn Lewis sales buoyed by start of Clearance
John Lewis & Partners has posted an uplift in sales as the first full week of its Clearance Sale drove its top line.
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NewsAsda kick starts the year with new exec appointments
Asda has made several new board appointments as part of its strategy to grow the business “this year and beyond”.
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NewsSupermarket sales fall flat as golden quarter fails to fizz
Supermarket sales growth for the 2019 golden quarter was the slowest since 2015 as a decline in the sale of traditional festive staples and a political hangover hit food retailers.
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NewsMorrisons ‘missed’ Black Friday halo effect at Christmas, says Potts
Morrisons boss David Potts admitted the grocer “missed” the halo effect of holding a Black Friday promotion before Christmas after rowing back from the discount frenzy.
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NewsRetail park to be converted to warehouses for ecommerce
A north London retail park has been acquired by the world’s largest warehouse company in a landmark deal that will see it converted into space for fulfilling online deliveries.
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NewsMajestic Wine toasts ‘impressive performance’ during festive period
Majestic Wine has posted an uptick in sales during the festive period following a “year of uncertainty”.
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NewsMorrisons posts falling sales during ‘unusually challenging’ Christmas
Morrisons has registered declining like-for-like and total sales during the crucial Christmas trading period.
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NewsWatches of Switzerland appoints new UK director as veteran COO steps down
Watches of Switzerland’s chief operating officer has retired after more than 40 years at the luxury watch retailer and a new executive director has been appointed.
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NewsFormer Debenhams boss Bucher joins German retail giant Otto
Sergio Bucher, the former chief executive of department store group Debenhams, has joined German retail powerhouse Otto Group as executive board member, brands and retail.
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NewsDebenhams recruits former BA exec as chief marketing officer
Debenhams has snapped up former British Airways executive Abigail Comber to helm its marketing division.
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NewsKingfisher poaches Lego exec for chief digital officer role
Kingfisher has appointed its former IT director as the DIY group’s chief customer and digital officer.
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NewsCarrefour completes acquisition of lunch delivery service Dejbox
French supermarket giant Carrefour has completed the acquisition of a start-up that delivers lunches to office workers in a bid to expand its grocery ecommerce offering.
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NewsDebenhams and HMV to close swathe of stores this month
Debenhams and HMV will both shutter stores this month as the retailers grapple with rising rents and business rates.
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NewsCVAs ‘delay inevitable failure’, research suggests
Company voluntary arrangements (CVAs) are delaying “inevitable future failure” rather than helping businesses secure longer-term futures, new analysis suggests.
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NewsAldi hails ‘strong’ Christmas as sales pass £1bn
Aldi has toasted a spike in Christmas sales as it wooed “more customers than ever before” during the festive period.
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NewsMountain Warehouse defies ‘doom-mongers’ with Christmas sales climb
Mountain Warehouse has recorded a boost in sales across the festive period bolstered by a strong Black Friday performance.
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NewsTesco fires fresh price salvo as shoppers tighten purse strings
Tesco has launched a fresh wave of price cuts as it bids to build sales momentum at the start of the new year.
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NewsWaterstones posts flat Christmas after ‘nerve-wracking’ peak period
Waterstones registered flat – although better than expected – Christmas sales, chief executive James Daunt has told Retail Week.
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NewsMarks & Spencer appoints interim finance chief
Marks & Spencer has appointed David Surdeau to oversee its finances until a permanent chief financial officer is appointed.