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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.

Tesco chief executive Philip Clarke on the grocer\'s full-year results

Video: Tesco chief executive Philip Clarke on the grocer's full-year profits fall Video

Tesco reported a fall in full-year profits today. Here, chief executive Philip Clarke talks about the results.

March retail sales fell 1.7 per cent on a like-for-like basis against a 1.9 per cent increase last year when Easter fell earlier on in the year.

March retail like-for-likes fall 1.7% due to tough Easter comparatives

March retail sales fell 1.7% on a like-for-like basis due to the timing of Easter, which falls later this year.

Inflation fell to 1.6 per cent, down from 1.7 per cent in February and the third consecutive month it has been below the Bank of England’s 2 per cent target.

Inflation drops below 2% target for third consecutive month

Inflation fell to 1.6% in March, down from 1.7% in February and the third consecutive month it has been below the Bank of England’s 2% target.

Poundstretcher full year like-for-like sales jumped 3 per cent last year driven by its store refresh programme and extended food and toiletry ranges.

Poundstretcher full-year like-for-likes grow 3%

Poundstretcher full year like-for-like sales jumped 3% last year driven by its store refresh programme and extended food and toiletry ranges.

Albemarle and Bond has been rescued

Albemarle & Bond rescued out of administration

Pawnbroker Albemarle & Bond has been bought out of administration by an international investor group led by private equity firm Promethean Investments.

Marks and Spencer might benefit by replicating its Paris stores in the UK

Comment: Marks & Spencer should bring edited stores to the UK

As Marks & Spencer’s clothing division achieved its best performance in three years, the focus on enhancing quality and style across womenswear and menswear is starting to pay off.

Poundland made the most of the demise of Woolworths

Comment: Restructuring in retail – the foundation on which IPOs are built

With the window for retail IPOs now well and truly open, at least for the time being, the list of potential floats now appears to stretch out well into the second half of 2014.

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