All News articles – Page 552
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NewsM&S: 470 jobs at risk amid fresh store closures
M&S is shuttering eight more stores in a decision that has left the future of almost 500 jobs hanging in the balance.
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NewsScS sales swell despite HoF concession dip
ScS has reported a lift in sales at the half-year mark as the retailer’s value-led proposition allowed it to “manage the continued economic uncertainty”.
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NewsJoules delivers profits jump as overseas sales soar
Joules has posted a spike in interim profits driven by sales rises across its UK and international markets despite “challenging” trading conditions.
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NewsConsumer confidence rallies in ‘bullish’ January
Consumer confidence rose in January across all metrics, although it is not clear whether this is “a temporary blip rather than a strong sign of recovery”.
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NewsProlonged promotions drive shop prices down in January
Shop price deflation persisted this month as retailers extended their Christmas promotions into January.
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NewsJohn Lewis sales rise sparked by electrical Sale
John Lewis delivered a rise in sales in the final week of its financial year buoyed by clearance offers across its electrical and home categories.
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NewsB&Q: 200 roles at risk in head office restructure
B&Q has kick-started a drive to “simplify” its structure and “improve efficiency” in a move that will leave hundreds of roles at risk, Retail Week can reveal.
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NewsSuperdry co-founder Dunkerton nets £18m in share sale
Superdry co-founder Julian Dunkerton has bagged an £18m windfall after offloading one million shares in the fashion business.
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NewsHouse of Fraser owner Yuan calls for Brexit 'signal'
House of Fraser owner Yuan Yafei has urged Prime Minister Theresa May to give a “definite signal” over the Brexit deal she wants for the UK.
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NewsWaterstones owner in sale talks with Elliott Advisors
Waterstones owner Alexander Mamut is in talks to sell the business to Elliott Advisors, the hedge fund that floated Game Digital four years ago.
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NewsAnn Summers profits surge driven by store refurbishment
Ann Summers’ full-year profits more than doubled as boss Jacqueline Gold prepares to begin the “painful” process of weaning the retailer off discounting.
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NewsEast enters administration for third time in four years
Fashion retailer East has collapsed into administration for the third time in just four years.
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NewsFenwick hires buying boss from Soho House
Fenwick has recruited a new buying and merchandising director from Soho House, Retail Week can reveal.
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NewsLeading MPs call for business rates reform
The Treasury Select Committee has urged an urgent review of business rates after a hard Christmas for some retailers and amid fears that some will collapse.
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NewsBargain Booze owner posts ‘robust’ interim results
Conviviality, owner of the Bargain Booze chain and wholesaler Matthew Clark, has reported a rise in first-half sales and profits.
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NewsBHS liquidators pay out £36m to creditors
BHS creditors have received an interim dividend worth £36m from the retailer’s liquidators.
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NewsIkea founder Ingvar Kamprad dies aged 91
Ikea founder Ingvar Kamprad has died aged 91 following a short illness.
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NewsRetail diary: The rise and fall of a shopbot
Britain’s first shopbot gets the boot, riots over Nutella in France and a cool sponsorship deal for FeelUnique.
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NewsArcadia to axe hundreds of Topshop/Topman store roles
Arcadia is set to axe hundreds of in-store brand manager roles at its Topshop/Topman fasciae in a bid to cut its cost base.
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NewsBunnings UK merchandise boss Castelino exits
Bunnings general manager of merchandise Craig Castelino is leaving the UK business, just a month after it emerged boss PJ Davis was returning to Australia on sabbatical.