All News articles – Page 568
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NewsSports Direct increases credit facility to £907m
Sports Direct has increased its credit facility to more than £900m to help fund founder Mike Ashley’s vision to become ‘the Selfridges of sport’.
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NewsMountain Warehouse boss takes on Tiger with new venture
Mountain Warehouse founder Mark Neale has launched new retailer Neon Sheep to target the ‘impulse gifting’ sector, Retail Week can reveal.
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NewsJohn Lewis electricals sales sparked by Black Friday
Black Friday promotions fuelled a bumper week for John Lewis’ electricals and home technology category last week.
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NewsBlack Friday 2017: Which retailers are doing what?
Black Friday deals are already underway for 2017 as retailers are slashing prices ahead of the main event.
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NewsKingfisher UK sales driven up by Screwfix and inflation
Kingfisher posted a boost in its overall third-quarter sales as a strong performances at Screwfix compensated for falling sales at B&Q.
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NewsAO.com losses widen as investment hits bottom line
AO.com has posted widening losses at the interim mark despite healthy sales rises across the UK and Europe.
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NewsCrew Clothing on cusp of sale to Exquisite Apparel
Crew Clothing is on the cusp of being sold to US-based clothing manufacturer Exquisite Apparel, Retail Week has learned.
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NewsDFS’ Sofology acquisition given green light by CMA
DFS has been given the go-ahead by the competition watchdog to complete its £25m acquisition of rival retailer Sofology.
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NewsBonmarché profits jump as turnaround bid builds momentum
Bonmarché has posted a spike in half-year profits and sales as boss Helen Connolly’s turnaround efforts began to bear fruit.
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NewsBrightHouse bondholders on cusp of restructuring deal
BrightHouse owner Vision Capital could be left with just a 3% stake in the retailer as part of a £220m restructuring of the embattled business.
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NewsChristmas spending to fall for first time in five years
Christmas spending is expected to fall for the first time in five years as economic uncertainty and the return of inflation squeeze consumer budgets.
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NewsHotel Chocolat and ex-Lush boss launch beauty range
Hotel Chocolat, in a departure from its core chocolate business, has partnered with former Lush boss Andrew Gerrie to create its first beauty line.
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NewsBlack Friday: Online sales to surge 15% this year
Shoppers will spend 15% more online during the Black Friday period this year than last, according to forecasts by internet trade body IMRG.
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NewsRetailers urge Chancellor to deliver 'shoppers' Budget'
Retail leaders have urged Chancellor Phillip Hammond to deliver “a shoppers’ Budget” and put a lid on “inexorable” rises in costs such as business rates.
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NewsMove of the week: Asda’s management reshuffle
One of the benefits of having a long succession plan is that the incoming chief executive can formulate his strategy well in advance of actually taking the job.
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NewsAgenda: Bonmarché, AO, Kingfisher, Quiz, Mothercare, Majestic
Retail Week looks ahead to the next seven days, with updates from Bonmarché, AO, Kingfisher, Quiz, Mothercare and Majestic on the agenda.
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NewsThe Range profits advance amid aggressive expansion
The Range delivered a jump in pre-tax profits in its last full year as the value retailer continued on its successful streak of sales growth.
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NewsJohn Lewis accused of plagiarism over Christmas ad
An author and former children’s laureate has suggested that John Lewis may have copied his work for its Moz the Monster Christmas advert.
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NewsHarrods financial chief John Edgar exits business
Harrods chief financial officer John Edgar has exited the luxury department store chain after five years.
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NewsMountain Warehouse profits jump as it revs up expansion
Mountain Warehouse recorded a rise in half-year profits and sales as it beefs up international expansion and rolls out activewear brand Zakti across its stores.