All articles by Tiffany Holland – Page 61
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NewsNext Christmas sales up 3.9%
Fashion retailer Next posted total sales up 3.9% in the Christmas trading period, as it narrowed its profit guidance.
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NewsThe White Company doubles operating profit
The White Company doubled its operating profit to £4.5m in the 53 weeks to March 31 and said the momentum continued into the new financial year as it delivered a “strong” Christmas.
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AnalysisIn numbers: Christmas trading 2012
After a volatile 2012 for retailers, Christmas is expected to have been slightly up on last year. Retail Week takes a look at the numbers released so far
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NewsQD Stores posts 8% like-for-like Christmas jump
QD Stores delivered sales up 8% across the Christmas trading period as the value retailer improved product sourcing and benefitted from a new IT system.
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NewsDigital download spending hits £1bn for the first time
Spending on downloaded films, music and games hit £1bn for the first time in 2012.
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NewsShoppers to spend more than £1.3bn this Christmas Eve
Shoppers are expected to spend more than £1.3bn this Christmas Eve – about £55m every hour – as millions leave their shopping to the last minute this year.
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NewsJohn Lewis posts sales up 11.1%
John Lewis posted a second record sales performance in a row for the week to December 15, recording sales up 11.1% to £ 147.8m, as it forecasts “great things” for the last week before Christmas.
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NewsSelfridges buys £130m office block
Selfridges has acquired an office block near to its flagship store in Oxford Street for £130m, suggesting the retailer will expand its presence in the area.
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NewsConsumer confidence slumps seven points in December
Consumer confidence plunged seven points to -29 in December proving consumer sentiment remains fragile despite Christmas being less than a week away.
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NewsToys R Us aims to take top market share spot
Toys R Us plans to improve its product range, create more in-store theatre and develop its multichannel presence as it bids to become the largest toy retailer in the UK.
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AnalysisSupermarkets at Christmas: What do retailers need to know?
The busiest trading period in the retail calendar is here and the big four grocers will need to counter the effects of inflation and shopper patterns.
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NewsLondon Underground drivers confirm Boxing Day strikes
London Underground drivers are due to go on strike on Boxing Day in a row over pay, disrupting one of the busiest shopping days of the year for retailers in the capital.
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NewsGovernment opens first pop-up shop to help boost high streets
The Government has opened its first ever pop-up shop in Whitehall today as part of its bid to help revitalise high streets.
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NewsHMV eyed by Apollo Global Management
Struggling entertainment retailer HMV is being eyed for a takeover by Apollo Global Management, one of the world’s largest investment groups.
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NewsComet's former backers to share £50m payout
The former backers of electricals retailer Comet will be paid £50m after the business crashed into administration last month.
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NewsJohn Lewis delivers second record week
Department store retailer John Lewis delivered a second record week in a row as sales surged 11.1% to £147.8m year on year in the week to Saturday, December 15.
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NewsOnline sales surge sparks Staples store closures
Office supply and stationery retailer Staples will close 23 stores as it reshapes its business in light of its growing online sales.
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NewsJohn Lewis posts record week driven by Mega Monday
John Lewis delivered its best-ever performance last week, with sales up 15% to £142m driven by online sales on Mega Monday on December 3.
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NewsMoss Bros like-for-likes jump 3.7%
Formal menswear retailer Moss Bros has posted a 3.7% jump in like-for-likes for the 19 weeks to December 8, 2012.
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NewsLaura Ashley like-for-likes up 4.9%
Laura Ashley like-for-likes increased 4.9% in the 19 weeks to December 8, 2012.