All News articles – Page 504
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NewsCarpetright ‘heavily impacted’ by CVA ‘disruption’
Carpetright has admitted that trading in the first half of its financial year has been “heavily impacted by disruption” from its CVA plan.
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NewsPets at Home hires former Argos exec David Robinson
Pets at Home has named former Argos and Conviviality executive David Robinson as its new chief operating officer.
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NewsMothercare cuts almost half of head office jobs
Mothercare is axing up to 200 head office jobs in an attempt to cut costs, after agreeing a rescue plan with creditors earlier this year.
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NewsConsumer confidence falls further in October
Consumer confidence faltered this month as shoppers concerns about their personal finances and the economy in the year ahead fell.
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NewsNext sales decline accelerates in third quarter
Next has recorded a drop in its overall third-quarter sales despite full-price and online revenue both rising.
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NewsSports Direct acquires Evans Cycles in pre-pack deal
Sports Direct has snapped up Evans Cycles in a pre-pack administration deal, which will see it axe half of the retailer’s stores.
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NewsAmazon launches Prime Wardrobe in the UK
Amazon has launched its ‘try before you buy’ fashion proposition in the UK.
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NewsOcado and Kroger pen deal to build 20 warehouses
Ocado and Kroger have finalised a deal that will see the US grocery giant build 20 warehouses over the next three years.
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NewsWHSmith acquires US travel retailer InMotion
WHSmith has bought US travel retailer InMotion in a bid to strengthen its grip on the international travel market.
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NewsSeasalt sales soar as underlying profits rocket
Seasalt has reported surging sales and underlying profits in another healthy year for the Cornish lifestyle brand.
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NewsThe Budget: Hammond reveals £400m tax on tech giants
The Chancellor has taken aim at online giants and offered financial support to Britain’s struggling high streets as part of today’s Budget.
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NewsPaperchase profits fall against 'tough' backdrop
Paperchase’s profits declined by half in its full-year results as it increased its online and international sales.
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NewsBusiness rates and online tax on Budget agenda
Chancellor Philip Hammond is expected to cut business rates by a third for about half a million small retailers in today’s Budget.
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NewsPressure piles on Arcadia boss Green in harassment row
Arcadia tycoon Sir Philip Green faced further criticism over the weekend about allegations of sexual harassment and bullying.
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NewsBRC voices retail fears on post-Brexit immigration rules
The British Retail Consortium has warned Home Secretary Sajid Javid that immigration rules after Brexit threaten to leave the retail industry short of staff and hit shoppers’ purses.
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NewsAsda considers wielding axe on 2,500 roles
Asda could axe 2,500 jobs next year as it reshapes its workforce amid a “competitive retail environment”.
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NewsAgenda: The Budget, Next and consumer confidence
Retail Week looks ahead to the next seven days with the Budget, a Next trading statement and the latest consumer confidence data all on the agenda.
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NewsYoox Net-A-Porter to sell on Alibaba’s Tmall
Yoox Net-A-Porter has joined forces with online titan Alibaba to create a “luxury retail platform” in China.
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NewsHalfords pulls out of race to buy Evans Cycles
Halfords has pulled out of the race to buy Evans Cycles, casting fresh doubt on the chain’s future.
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NewsAmazon third quarter profits rocket as sales surge
Amazon has posted a surge in third quarter profits but delivered a muted festive sales forecast.