All News articles – Page 574
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NewsConsumer confidence slips amid fears over UK economy
Consumer confidence declined further in October as concern over the UK economy took its toll on shoppers’ outlook.
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NewsAsda: Burnley to succeed Clarke as chief executive
Asda’s second in-command Roger Burnley is to succeed Sean Clarke as the grocer’s chief executive from January next year.
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NewsDebenhams shares may prove costly for Sports Direct
Sports Direct acquired shares in department store group Debenhams last week and might have paid more than they are worth.
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NewsPlanet Organic hires advisers to consider sale
Planet Organic’s owners are considering a sale of the healthy eating specialist.
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NewsAll Saints sales rise on back of overseas growth
All Saints’ revenues surged last year as its international business grew, but investment hit earnings at the fashion retailer.
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NewsWaterstones’ owner Mamut considers £250m sale
Waterstones may be sold by its Russian owner, who has drafted in advisers to explore options.
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NewsToday in retail: Frenetic Friday for Wilko and Jigsaw
Retailers are living in turbulent times – and a frenetic Friday has only added to the sense of struggle.
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NewsJigsaw owner puts fashion chain up for sale
Jigsaw is on the hunt for a new owner as the high street chain grapples with an increasingly turbulent fashion market.
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NewsRetail diary: This year's standout advent calenders
Which retailers are selling the best Christmas advent calenders this year and which business is the nation’s silver spenders pining for?
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NewsAmazon profits fall despite third-quarter sales surge
Amazon profits fell in its third quarter but shares in the business soared as it beat market expectations.
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NewsWilko sheds 1,000 staff following consultation
More than 1,000 people are to exit variety store group Wilko following a redundancy consultation involving 3,712 staff, Retail Week can reveal.
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NewsFootasylum set for £170m valuation on AIM
Footasylum expects its market capitalisation to be £171.3m when it launches its IPO on AIM next week at the price of £1.64 per share.
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NewsLloydsPharmacy to close 190 stores due to funding cuts
LloydsPharmacy plans to close nearly 200 of its UK stores as government funding, business rates and the apprenticeship levy have made “market conditions challenging”.
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NewsShopper spending power falls as inflation bites
Consumers’ disposable income fell in 10 out of 12 UK regions last month as gains in salary were offset by the rising cost of household bills.
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NewsAgenda: Morrisons and Next update the market
Retail Week looks ahead to the next seven days, with third quarter updates from Morrisons and Next on the agenda.
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NewsToday in retail: A tale of two department stores
Department store retailer Debenhams reported a 44% full-year profit drop today that risked testing the patience of its shareholders.
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NewsMove of the week: Jo Jenkins leaves M&S for White Stuff
Executive search is a rigorous process that requires bespoke solutions and deep market knowledge.
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NewsSelfridges profits jump as investment plan pays off
Selfridges has posted a jump in profits as its ambitious investment strategy began to bear fruit.
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NewsRecord fall in retail employment as jobs and hours cut
Retail employment fell at the steepest rate in almost a decade over the three months to September.
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NewsFirst look: Debenhams makes debut Down Under
Debenhams has opened its first store in Australia this week with a small-format shop in Melbourne.