All News articles – Page 583
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News
Tesco Opticians-Vision Express deal held up by CMA
Vision Express’ acquisition of Tesco’s opticians business has been flagged by competition watchdogs as one that could “lead to a worse deal for some customers.”
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NewsMoss Bros tailored for success as profits rise
Moss Bros has reported a jump in interim profits as like-for-like sales grew despite what boss Brian Brick described as “an unpredictable economic backdrop”.
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NewsJohn Lewis womenswear boosted as cold weather bites
John Lewis’ sales were boosted by a stellar womenswear performance as unseasonably cold weather started to bite.
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NewsHotel Chocolat and Boohoo deliver rollicking results
Boohoo and Hotel Chocolat bucked mixed retail fortunes today with a duo of doubled profit or revenue rises in their respective financial updates.
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NewsHoF’s Walmsley resigns, new CMO appointed
House of Fraser’s chief customer officer David Walmsley has resigned from the business following the appointment of a new chief marketing officer from Doddle.
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NewsHotel Chocolat to launch new subscription service
Hotel Chocolat is launching a new subscription service as part of a drive to give customers access to its products “wherever they are”.
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NewsBoohoo ups sales guidance as profits and revenues rocket
Boohoo has upped its full-year sales guidance after hailing a spike in sales and profits during its first half.
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NewsHotel Chocolat tastes success as profits double
Hotel Chocolat has posted a surge in profits as sales growth, new store openings and margin gains sweetened its bottom line.
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NewsMike Ashley firm's profits dented by Sports Direct woes
Sports Direct founder Mike Ashley’s personal investment vehicle suffered a slump in profits last year amid a “tough trading environment” for the retailer.
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NewsCard Factory shows that no one’s immune to volatility
As Brexit negotiations continue to crash and burn, retailers are suffering the referendum’s after effects.
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NewsFemale retailers paid 20% less than male colleagues
Women working in management roles in the retail sector are paid almost 20% less than their male colleagues.
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NewsBlue Inc losses ballooned prior to CVA deal
Blue Inc has suffered ballooning losses but insisted it can stave off turbulent market conditions to continue trading “for the foreseeable future”.
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NewsCard Factory boss: We have choice to not raise prices
Card Factory boss Karen Hubbard has said not passing prices onto its customers is an “active choice” not dictated by the retailer’s value proposition.
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NewsMySale targets health and beauty acquisitions
Flash sales site MySale has ambitions to acquire health and beauty retailers, its boss has said.
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NewsMySale profits rocket as revenue creeps up
MySale’s full-year profits have rocketed thanks to the group prioritising the acquisition of high-lifetime-value customers.
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NewsCard Factory profits hit by wage and currency costs
Card Factory’s interim profits have been hit by the increased costs in wages and currency headwinds as well as investment.
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NewsHarvey Nichols axes chief exec role in restructure
Harvey Nichols has axed its chief executive role as part of a restructure of its management team.
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NewsAldi to accelerate roll-out of fresh food store format
Aldi is accelerating the roll-out of its fresh food store format after an outperformance of stores where it has already launched.
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NewsWyevale unveils new strategy after profits dive
Wyevale Garden Centres has unveiled a new business strategy after losses spiralled in its last full year, Retail Week can reveal.
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NewsAldi profits fall again despite sales rise
Aldi’s profits have fallen for the third year in a row, despite sales and market share doubling in just four years.