All News articles – Page 960
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NewsMulberry issues another profit warning as first-half revenues dive
Mulberry has issued a profit warning after a plunge in revenues in the face of “continuing headwinds affecting the luxury sector”.
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NewsSainsbury’s slashes Nectar reward points for customers
From next year Sainsbury’s is to halve the number of Nectar reward points it offers members of the loyalty scheme.
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NewsCarpetright reports UK like-for-likes up 7% in second quarter
Carpetright has reported like-for-like sales in the UK up 7% and total sales up by 5.7% in the 11 weeks to October 11, 2014.
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NewsEtailer Boohoo reports pre-tax profits up 23% and sales up 31%
Newly-floated fashion etailer Boohoo.com has reported pre-tax profit up 23% to £4.5m in the six months to August 31, 2014.
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NewsTesco director draws up list of possible successors to chairman
A Tesco director is understood to be drawing up a list of possible successors to chairman Sir Richard Broadbent following its accounting crisis.
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NewsCo-op Electrical to sell cost price warranties to attract new shoppers
The Co-operative has become the first retailer to offer cost-price extended warranties for products sold on its electricals site.
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NewsBreakfast briefing: Retail news on Amazon and Tesco
Retail news round-up on October 14, 2014: Amazon to recruit 1,000 new staff, Tesco expected to suspend more senior staff, and Tesco director compiles list of successors to chairman.
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NewsUK retail like-for-likes down 2.1% in September, fashion reports record declines
UK retail sales were down 2.1% like-for-like in September compared with the same month in 2013 while fashion reported record declines.
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NewsFormer Wiggle boss Humphrey Cobbold in bid for Sofa.com
Former Wiggle chief executive Humphrey Cobbold is working on an offer for Sofa.com alongside buy-out group Close Brothers.
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NewsCarrefour plans own-label sandwich shops under Bon App’ brand
Carrefour is understood to be planning to open dedicated sandwich and snack stores in France selling its Bon App’ product range.
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NewsThe Original Factory Shop lowers prices to attract more shoppers
The Original Factory Shop is lowering prices and sharpening its in-store offer after profits slipped last year when it invested in the business.
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NewsJC Penney shares crash after soft September sales mar turnaround plan reveal
The reaction to the unveiling of JC Penney’s turnaround plan was marred by a revelation that third quarter sales had softened which led to its share price crashing.
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NewsAsda profits rise despite challenging grocery market
Asda operating profits were up 18.2% to £993.9m last year despite the tough market conditions.
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NewsFast Retailing appoints creative head as profits slide
Japanese fashion giant Fast Retailing has hired a new creative head after reporting falling profits and increasing sales.
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NewsPaperchase's owner hires advisers for potential £150m sale of business
Paperchase’s owner Primary Capital is considering a £150m sale of the business after being approached by several bidders.
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NewsThorntons' sales plunge 11.9% in first quarter as it transforms into FMCG business
Thorntons’ sales plunged 11.9% during its first quarter due to fluctuations in its quarterly reporting as it transforms itself into an FMCG business.
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NewsTesco to part company with Ken Hanna and Jonathan Lloyd
Tesco is parting ways with company secretary Jonathan Lloyd and the chairman of its audit committee Ken Hanna.
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NewsBreakfast briefing: Retail news on American Apparel, Tesco, Paperchase and more
Retail news round-up on October 13, 2014: American Apparel to dispose of UK stores, chairman of Tesco’s audit committee to leave, Paperchase owner eyes sale and more.
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NewsArgos launches biggest ever marketing campaign to signal digital transformation
Argos is launching the biggest marketing campaign in the company’s history as it seeks to shift perceptions to reflect the digital transformation of the business.
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NewsUS app rewards customers for tracking retailers' empty shelves
A US company has developed an app which rewards customers for tracking empty shelves in retailers’ stores and helping retailers stay well-stocked.