All Retail Week articles in 7 November 2008 – Page 2
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News
Baugur insists it’s ‘business as usual’
Baugur chief executive Gunnar Sigurdsson has said the Icelandic investor has no intention of altering its portfolio of brands and that it is “business as usual”.
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News
M&S to slow openings as profits crash
Marks & Spencer is to slow the rate of openings for its Simply Food chain as part of a host of cost-saving measures after its half-year profits fell by a third to 297.8 million.
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News
Primark sets sights on Euro stores assault
Primark has signalled that it is preparing for further expansion in Spain and Portugal after revealing it has outperformed the fashion market.
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News
Asda profits knocked by price-fixing probe
Asda suffered a fall in full-year pre-tax profits after having to set aside an allowance for legal costs resulting from the Office of Fair Trading’s investigations into milk and tobacco price-fixing.
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News
Next’s Simon Wolfson: Christmas rush will come late
Next chief executive Simon Wolfson is expecting a “nerve-wracking” Christmas for retailers.
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Opinion
Marks and Spencer must fire on all cylinders
Sir Stuart Rose was telling anyone who would listen this week that he is a glass-half-full type of guy. But even he had to look pretty hard to find much good news in this week’s M&S interims.
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News
Homebase plans for hundreds of redundancies
Home improvement retailer Homebase is to shed several hundred jobs to cut costs in the dire trading environment.
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News
Spindler: mutual decision to leave Debenhams
Debenhams managing director Angela Spindler has denied she has been restructured out of the department store retailer, saying her exit at the end of the month was based on a mutual decision.
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News
Tesco to build Discounter range after stellar start
Grocer to bring in non-food range and cheaper clothing as drive for value hots up.
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News
The City View: Findel
Mail order specialist Findel reassured the market with a 1 per cent first-half sales increase.
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News
Industry share prices on the up despite persistent poor trading
General retail stocks bounced back this week, jumping more than 20 per cent after taking a hammering the previous week, despite more bad news on trading.
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Opinion
City insider Jennifer Creevy: Debenhams is in safe hands
Just a week after leading a preview tour of its new store at Westfield London, Debenhams revealed managing director Angela Spindler is to leave the business.
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News
Smallbone profits feel the heat as demand for kitchens dries up
Smallbone has become the latest big-ticket retailer to be hit by the economic downturn after it issued a profits warning last week.
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News
Blacks banking on late Christmas sales surge
Blacks Leisure is bracing itself for a late Christmas sales rush this year.
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Gallery
Store of the week: House of Fraser Westfield
In days gone by, House of Fraser was associated with a particular kind of rather starchy luxury and frequented by well-to-do maiden aunts.
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News
Habitat to remerchandise stores for growth
Habitat is to increase merchandise densities across its store portfolio in an attempt to increase sales.
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News
DSGi’s Pixmania widens its online product range
DSGi-owned e-tailer Pixmania is increasing its online presence as a general merchandise retailer by expanding the product categories on its UK site.
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News
Asda reports strong clothing and grocery sales in October
Asda's comparable store sales last month were strongest in grocery and clothing, parent company Wal-Mart’s October results have revealed.
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News
Urban Outfitters like-for-like sales jump
Like-for-like sales at US fashion and lifestyle retailer Urban Outfitters climbed 10 per cent across its fascias in the three months to October 31.
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News
Wal-Mart to home in on overseas openings
Wal-Mart is to limit expansion in its home market and invest in its international operation as it seeks to focus on capital efficiency and improved return on investment.