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A1 - March 2014

Digital edition: Land Securities Retail - A1 magazine March 2014

Read the Land Securities Retail A1 magazine as a fully digital edition.

B and M has posted strong sales growth

B&M reports first-quarter like-for-like sales rise of 6%

Newly floated value retailer B&M has posted strong first-quarter sales growth and said that full-year guidance is in line with expectations.

Argos Old Street

Argos cuts or freezes 10,000 prices as it unveils autumn/winter range

Multichannel retailer Argos launched its autumn/winter range on Saturday, featuring 43,000 products.

Destination Maternity has revealed it does not intend to make an offer for the UK mother and baby retailer Mothercare.

Destination Maternity reveals it will not bid for Mothercare

Destination Maternity has revealed it does not intend to make an offer for the UK mother and baby retailer Mothercare.

Mothercare chief financial officer Matt Smith has resigned from his role at the maternity retailer.

Mothercare chief financial officer Matt Smith resigns

Mothercare chief financial officer Matt Smith has resigned from his role at the maternity retailer.

Amazon shares plummet as it reports another loss

Amazon loses £9.4bn in value as it posts £74.2m second-quarter loss

More than $16bn (£9.4bn) was wiped off the value of Amazon last night as it posted a net loss of $126m (£74.2m) in the three months to June 30.

Kiddicare

Comment: Offer mums convenience and trust and retailers will earn their loyalty

It’s always bad news when companies have to lay off staff, and our thoughts are with the 700 or so Kiddicare workers who could lose their jobs if stores are closed.

US retailer Destination Maternity hopes to merge with Mothercare

Comment: Destination Maternity’s woes rule out a deal with Mothercare

The topsy-turvy logic of Destination Maternity’s interest in merging with Mothercare was laid bare by the US retailer’s latest update.

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