All News articles – Page 420
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NewsSelfridges to rent space in new development to office provider
Selfridges has plans to redevelop a building across from its flagship store on Oxford Street and then rent some of it out to a co-working office provider.
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NewsShop Direct losses spiral as PPI claims hit bottom line
Shop Direct has suffered widening pre-tax losses despite increased sales following an “unexpected surge” in PPI claims.
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NewsNike chief executive to step down in digital shift
Nike chief executive Mark Parker will stand down next year as the brand and retailer continues to pivot its business towards digital.
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NewsStore profit margins halved by soaring costs
Store-based profit margins have been decimated by rising costs over the last eight years, new research has shown.
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NewsShowcase your business on stage at Retail Week Live 2020
Retail Week and World Retail Congress are calling for content for Retail Week Live 2020 – but time is running out to submit your proposals.
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NewsOnline sales limp on in September as autumn starts slowly for retailers
Online sales growth just marginally ticked up last month, as the start of the new school year and change of season failed to boost online retailers.
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NewsWickes third-quarter sales climb despite ‘uncertain market’
Wickes has posted a strong uplift in third-quarter like-for-like sales as parent company Travis Perkins says the retailer’s demerger from the group is “on track” for next year.
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NewsSports Direct pulls Goals Soccer Centres takeover bid
Sports Direct has retracted its bid for Goals Soccer Centres, which the retailer attributed to having received “limited” co-operation from the business on a possible takeover.
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NewsBrexit fears threaten to put brakes on Christmas spending
Christmas spending is forecast to be lacklustre as concerns about Brexit weigh on shoppers.
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NewsThe Entertainer defies high street gloom as sales and profits soar
Family owned The Entertainer recorded rising sales and profits last year despite ongoing struggles with the high street.
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NewsIceland suppliers face freeze out from insurers
Iceland’s suppliers have had insurance cover cut due to the ongoing concern of Brexit and the impact it may have on the supermarket’s supply chain.
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NewsZara UK full-year profits halved despite sales rise
Inditex-owned Zara UK has posted tumbling full-year profits despite sales increasing.
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NewsBonmarché tumbles into administration placing thousands of jobs at risk
Bonmarché has tumbled into administration, with its boss blaming “a period of historic difficulty” on the high street for its demise.
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NewsAgenda: Travis Perkins, Shoe Zone and Shop Direct update the market
Retail Week looks ahead to the next seven days with updates from Travis Perkins, Shoe Zone and Shop Direct on the agenda.
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NewsShop Direct moves Littlewoods campaign spend to digital-only
Shop Direct has launched an online-only advertising campaign for Littlewoods.
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NewsAsda owner Walmart offloads pension liabilities as it eyes float
Asda’s owner Walmart has signed a deal to offload nearly £4bn of the UK grocer’s pension liabilities, clearing the path for a stock market flotation.
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NewsFenwick swings to loss as boss Feather fashions its future
Fenwick has swung to a loss after suffering a slump in sales during a “challenging year for retail”.
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NewsRetail sales in September flat, says ONS
Retail sales were broadly flat in the month of August but did increase year on year, according to the latest figures from the Office for National Statistics.
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NewsWHSmith unveils $400m Marshall Retail acquisition as profits edge up
WHSmith is set to double the size of its international travel business with the acquisition of US travel chain Marshall Retail, as it unveiled full-year sales and profit growth.
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NewsHome Bargains profits climb as it plans to double store footprint
Home Bargains’ full-year sales passed the £2.5bn milestone as the business ramps up for aggressive bricks-and-mortar expansion.