All News articles – Page 860
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NewsRetail administrations led to 735 shop closures and 5,000 job losses in 2014
More than 700 shops were shuttered and almost 5,000 jobs lost as a result of high street retailers falling into administration last year.
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NewsCo-op fires latest grocery price salvo with £125m investment
The Co-op has fired the latest salvo in the grocery price war after investing £125m into slashing prices of more than 100 products.
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NewsBreakfast briefing: Retail news on Amazon and Woolworths Australia
Retail news round-up on June 17, 2015: Amazon considers neighbourhood delivery and Woolworths’ boss steps down.
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NewsMorrisons loses another director as HR boss Emily Lawson departs
Morrisons has lost another member of its executive board after group human resources director Emily Lawson left the grocer.
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NewsUK bounces back into inflation in May after just one month of deflation
The UK economy has edged back into inflation, just one month after falling into deflation for the first time since records began.
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NewsH&M sales beat forecasts in May as second-quarter revenues rise 21%
Swedish fashion giant H&M has posted a bigger-than-expected jump in sales for May, driven by a weak krone against other currencies.
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NewsMade.com bids to rival Ikea with expansion into Germany
Online furniture retailer Made.com has launched a bid to rival Ikea across Europe after revealing plans to break into Germany.
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NewsGap swings axe on North American stores and headquarters staff
Fashion giant Gap is to shut 175 stores in its core North American market and axe 250 head office jobs in a bid to improve performance.
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NewsWilko suffers profits slide as it loses out to value rivals
Variety store group Wilko has become the latest to feel the heat from the rise of rival value specialists and has posted a plunge in profits.
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NewsBreakfast briefing: Retail news on Tesco, Gap, Paperchase and more
Retail news round-up on June 16, 2015: Orion eyes Tesco’s Homeplus; Gap reveals store closure plans; Paperchase rolls out loyalty scheme and more
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NewsJohn Lewis unveils new raft of contenders for JLab innovation cash
John Lewis has revealed the five innovative tech start-ups that will compete in the final of this year’s JLab scheme.
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NewsRetail footfall drops again but retail parks continue resurgence
Retail footfall dropped for the second month in a row in May but out-of-town shopping locations bucked the overall trend.
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NewsMajestic Wine boss Gormley vows to 'win' against cut-price grocery rivals
New Majestic Wine boss Rowan Gormley has insisted “the only way is up” for the retailer - and has vowed to fight his grocery rivals head-on.
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NewsBargain Booze goes for the jugular with ‘Aldi Shmaldi’ ad campaign
Bargain Booze has launched an advertising campaign that lampoons German discounter Aldi and its price comparison adverts.
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NewsLululemon prepares to sever ties with founder Dennis Wilson
Lululemon founder Dennis Wilson is on the verge of severing ties with the retailer after it filed for him to sell his $1.2bn (£772m) stake.
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NewsAhold heralds launch of 'game-changing' free food magazine and website
Dutch retail giant Ahold’s US business has launched a free magazine and digital platform it claims will be a ‘game changer’.
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NewsCharles Dunstone and Andy Street recognised in Queen's birthday honours
Carphone Warehouse founder Sir Charles Dunstone and John Lewis boss Andy Street are among those to a receive a Queen’s birthday honour.
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NewsBoden poaches Matthew Hilgeman from American Eagle to drive US expansion
Fashion home shopping specialist Boden has poached the man who orchestrated American Eagle’s UK launch to be its new product director.
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NewsMajestic Wine full-year profits fall: What the analysts say
Majestic Wine has reported a 22.5% slump in pre-tax profits as its boss sets about turning around the retailer. Here is what the analysts say.
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NewsSaks Fifth Avenue may launch in Europe as Hudson’s Bay buys Galeria Kaufhof
Hudson’s Bay Company, owner of Saks Fifth Avenue, is to buy German department store business Galeria Kaufhof from Metro Group.