All Retail Week articles in 17-23 August 2019 – Page 2
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News
Office earmarks 15 loss-making stores for closure
Office is mulling the closure of 15 stores in the UK over the next two years as part of a wider turnaround strategy from parent company Truworths.
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News
‘For sale’ sign raised over toy retailer Hawkin’s Bazaar
Toys and gadgets specialist Hawkin’s Bazaar has been put up for sale and offers are being sought for all or parts of the retailer.
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News
TK Maxx owner quarterly sales and profits climb
TK Maxx’s parent company TJX has posted an uplift in second-quarter sales and income despite a decline in profit margin.
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News
Overseas investors eye Morrisons and others due to weak pound
Stable retail businesses such as Morrisons are being eyed by overseas investors due to a drop in the price of sterling driven by ongoing uncertainty around Brexit, according to analysts.
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News
Global Fashion Group sales rise and losses narrow
Global Fashion Group posted rising sales during its first half following the recent IPO.
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News
Hammerson appoints new chief financial officer
Hammerson has appointed a new chief financial officer who will also be made executive director on joining the company in September.
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Opinion
Does Farfetch have to spend so much to make money?
When Farfetch made its $6bn debut on the New York Stock Exchange last September, the online marketplace was unlikely to predict it would face legal action from disgruntled investors less than a year later.
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Analysis
Analysis: Can grocers avoid empty shelves after Brexit?
As Boris Johnson’s government continues to stick to its pledge to leave the EU with or without a deal on October 31, Retail Week looks at what grocers and suppliers are doing to avoid food shortages in the days and weeks after the Brexit deadline.
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News
Mike Ashley sacks Jack Wills boss Suzanne Harlow
Sports Direct tycoon Mike Ashley has sacked Jack Wills boss Suzanne Harlow, just weeks after buying the retailer out of administration.
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News
John Lewis Partnership sales fall despite product launches
John Lewis Partnership’s weekly sales figures were affected by the ongoing “gloomy weather” despite a host of new products being launched across the group.
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Video
Tech. Cast: Bloom & Wild boss on culture and partnerships
Bloom & Wild chief executive Aron Gelbard talks to the Tech. Cast about workplace culture, the keys to successful partnerships and the importance of October’s Tech. festival.
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News
Notonthehighstreet appoints ex-HelloFresh boss as new CEO
Notonthehighstreet has appointed HelloFresh’s former UK boss Claire Davenport as its new chief executive as current CEO Barrie Seidenberg steps down for health reasons.
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News
Ocado notches up fastest growth in flat grocery market
Grocery sales were flat over the last three months when turnover declined at all of the big four grocers.
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News
Estée Lauder sales spike amid rapid China growth
Estée Lauder has posted a spike in fourth-quarter sales, driven by its performance in China.
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News
Asos asks suppliers for discounts in bid to cut costs
Asos has asked suppliers for discounts on its orders as the etailer bids to cut costs in the wake of a string of profit warnings.
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News
Brits fail to pick up £228m of click-and-collect orders
British shoppers fail to pick up £228m of click-and-collect orders every year, new research has revealed.
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News
Aldi loses court battle with Charlotte Tilbury over ‘lookalike’ makeup
Discounter Aldi has lost a High Court battle with makeup artist and brand owner Charlotte Tilbury over a “lookalike” makeup line, with the judge describing the similarities between the two as “substantial”.
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News
Monsoon chief stands down, will not be replaced
Monsoon Accessorize chief executive Paul Allen is to leave the retailer and will not be replaced.
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