All Retail Week UAT articles in October 16, 2009 – Page 4
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NewsHarrods to sell gold bars
Upmarket department store Harrods will today start selling a luxury accessory out of reach for most of the UK’s shoppers - gold bars.
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NewsFlying Brands raises £1.76m in share placing
Flying Brands has raised £1.76m in a share placing to repay part of its outstanding debt.
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NewsWHSmith profits up, but sales slip slightly
WHSmith has reported group pre-tax profit has increased to £81m in its full-year results from £76m the previous year but sales have dipped slightly.
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NewsMothercare reports UK like-for-likes up 4.1%
Mothercare has reported UK like-for-like sales up 4.1% in its first half and remains “confident” for the rest of the year.
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NewsStrong retail sales for Burberry
Burberry’s revenue rose 6% year-on-year for the six months to September 30 to £572m, boosted by solid retail sales and a particularly strong performance from the UK and Korea.
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NewsSerious Organised Crime Agency probes former JJB Sports executives
Former JJB Sports executives are facing the scrutiny of the Serious Organised Crime Agency and HM Revenue, piling more pressure on the sports retailer that is already under investigation by the Office of Fair Trading and the Serious Fraud Office.
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NewsN Brown pre-tax profits up 13%
Pre-tax profits at home shopping group N Brown grew 13% to £41.8m in the 26 weeks to August 29.
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NewsM&S reveals homewares and online food ambitions at investor day
Marks & Spencer general merchandise director Kate Bostock has identified homewares as a “huge opportunity” for the retailer, which intends to carve out a market leading position in the category.
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NewsGrocers’ growth continues to slow along with food price inflation
Growth among the grocers continues to slow as food price inflation moderates, according to the latest TNS Worldpanel market share figures.
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NewsSir Terry Leahy lambasts government over education
Tesco chief executive Sir Terry Leahy has hit out on the Government’s track record in education, stating that standards in schools are “still woefully low”.
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NewsMarks & Spencer succession candidates to present at investor day
Several of the internal candidates to succeed Sir Stuart Rose are expected to make presentations at the Marks & Spencer investor day today.
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NewsHomebase launches ‘biggest ever’ home and garden consumer survey
DIY retailer Homebase has launched what it calls Britain’s “Biggest Home and Garden survey” as it seeks to determine the public’s tastes when it comes to the home.
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NewsPostal strike could start on October 22
A national post strike could start as early as next Thursday (October 22) if a last minute deal between the Royal Mail and the Communications Workers Union (CWU) cannot be agreed.
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NewsInflation hits five-year low
The rate of inflation fell to its lowest level in five years in September as household energy prices fell, the Office of National Statistics said.
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NewsAmazon UK to offer free delivery on all products for Christmas
Amazon UK will offer free delivery on all of its products in the run up to Christmas.
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NewsShoppers in Republic of Ireland still paying more than Northern counterparts
Shoppers in the Republic of Ireland are still paying almost a fifth more than those in Northern Ireland, despite retailers’ price war.
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NewsPostal strike could cost retailers £840 a week
A national postal strike could cost retailers £840 a week as they are forced to seek alternative, often more expensive, delivery companies.
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OpinionB&Q property deal shows the way
B&Q’s rent renegotiation with British Land is a grown-up way for retailers and landlords to face up to the downturn.
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NewsBritish shoppers retain ethical stance despite recession
British shoppers are more ethical than their European counterparts, according to a report by research firm IGD.
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NewsRetail sales grow in September
UK retail sales grew 2.8% in September on a like-for-like basis, according to the BRC-KPMG Retail Sales Monitor.