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US mid-market fashion retailer American Eagle Outfitters opens its first UK store tomorrow.
Poundland has reported underlying pre-tax profits up 34.2% to £12.6m in its interim results as it ploughs ahead with its expansion plans.
Retailers’ contribution to the Scottish economy is becoming increasingly important, according to a report by Grant Thornton.
Fashion retailer Jaeger has reported improved annual sales and reduced losses as its turnaround programme bears fruit.
French Connection has reported like-for-like sales were down 5.7% in the UK and Europe as the warm autumn weather resulted in tough trading.
Fashion etailer Zalando expects to make a profit this year after breaking even during the third quarter for the first time.
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Structural changes in retail continue to play into Poundland’s hands as “savvy shoppers” seek value products, boss Jim McCarthy has said.
Mothercare’s turnaround efforts seem to be gaining traction as the retailer’s underlying pre-tax profit jumped 65% to £3.3m in the first half.
B&M’s interim results show that the retailer is a strong growth business, so why has its post-IPO share price been underwhelming?
Helen Weir may have been among banking group Lloyds’ top brass in the run-up to the financial crash but her appointment at M&S is welcome.