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Tesco chief executive Philip Clarke said he is determined to see through the turnaround of Tesco and vowed the grocer will emerge as a leader once again.
Retail news round-up on April 17, 2014: High street enjoys strongest rise in footfall for almost a year, Joules launches into eyewear with ‘extensive’ range, Harvey Nichols launches new e-commerce website
Joules is launching into eyewear as it grows the licensing part of the business.
The Body Shop has recorded a sales fall in its first quarter which has been blamed on “difficult” trading in the UK and Asia.
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.
Department store House of Fraser’s full year adjusted EBITDA rose 8.3% to £60.2m driven by own brand and online.
UK retail sales fell 1.7% on a like-for-like basis in March, as the later timing of Easter distorted figures, according to BRC-KPMG.
Retail Week finds out what Boots has been doing in America following its tie-up with US drugstore Walgreens as it rolls out its beauty offer in New York.
The time when all of our high streets looked the same may be at an end, but there are still some die-hards.
Seeing the rows of No7 products in a store in Wall Street, New York shows how significant the 2012 Boots and Walgreens deal was.