All News articles – Page 537
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NewsDeflation reaches deepest level since February 2017
Shop price deflation accelerated in March, reaching its deepest level in more than a year.
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NewsSpar supplier AF Blakemore to sell wholesale division
Spar’s biggest supplier AF Blakemore is selling its wholesale division following a strategic review of the business.
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NewsHouse of Fraser investor to provide £30m cash injection
House of Fraser’s Chinese investor has pledged to provide about £30m to the embattled department store group.
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NewsHeavy rain drives shoppers off high streets over Easter
Retailers endured soggy trading conditions over the Easter bank holiday as bad weather hit shopper traffic.
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NewsConviviality faces investor legal action threat
Conviviality may be sued by investors who believe they were misled about the retailer’s performance.
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NewsBunnings seeks buyers as Lazard brought on board
Bunnings owner Wesfarmers is scouting for potential buyers of its UK DIY chain and has drafted in Lazard to advise.
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NewsUpdated: Floating shopping mall to open in English Channel
The world’s first floating shopping centre, poised to open in the English Channel as developers bid to exploit potential loopholes in Brexit rules, was an April Fools’ Day joke.
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NewsSecret Sales founders in management buy-out coup
Secret Sales founders Sach and Nish Kukadia have bought back the business they founded in a management buy-out.
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NewsNotonthehighstreet appoints new chief executive
Notonthehighstreet has drafted in Barrie Seidenberg to take the reins at the online gifting firm, Retail Week can reveal.
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NewsThe Original Factory Shop to transform store estate
The Original Factory Shop has kicked off a store overhaul programme across nearly a fifth of its shops, Retail Week can reveal.
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NewsJigsaw deal sealed as Ross and Robinson partner up
Jigsaw has a new majority shareholder. Carphone Warehouse co-founder David Ross has teamed with founder John Robinson, to secure the retailer’s future.
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NewsAgenda: Topps Tiles and the BRC Shop Price Index
Retail Week looks ahead to the next seven days, with an update from Topps Tiles and the BRC-Nielsen Shop Price Index on the agenda.
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NewsConsumer confidence climbs amid wage and economy growth
Consumer confidence grew in March, thanks to overall economic growth and prospects of wage increases “finally” outstripping inflation.
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NewsFenwick poaches John Lewis property director
Department store chain Fenwick has hired Jeremy Collins as its new property director, effective April 2018.
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NewsUpdated: Conviviality to enter administration
Conviviality intends to appoint administrators within 10 business days after failing to raise the £125m it needed to secure its future.
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NewsWBA profits jump despite Boots sales drop
Walgreens Boots Alliance recorded a rise in its second-quarter profits driven by strong sales growth across its US subsidiaries.
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NewsWaitrose sales down after snow hits trading
Waitrose sales fell last week due to snow and icy conditions, but the partnership was buoyed by rising sales of electricals at John Lewis.
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NewsH&M profits plunge as cold snap prompts discount frenzy
H&M has blamed price cuts and cold weather for a crash in first-quarter profits and warned that more discounting is needed.
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NewsGovernment to launch single-use plastics deposit scheme
English consumers will soon have to pay a deposit when buying drinks that come in single-use plastics, glass bottles and cans.
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NewsDFS profits crash but Filby 'confident' of growth
DFS’ half-year profits have crashed but boss Ian Filby said he is confident in the business’ performance despite challenging market conditions.