All Retail Week articles in 7 November 2008 – Page 4
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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
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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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
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
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
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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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
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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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
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
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
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
Peacocks defies crunch with rising sales and profit
Peacocks has revealed credit-crunch defying sales as it benefits from consumers trading down.
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News
Retail’s elite toast festive West End traffic-free day
London Mayor Boris Johnson joined retail’s elite this week to promote Oxford Street’s traffic-free day, which will fall on Saturday December 6.
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News
Signet UK like-for-likes slide
Jewellery retailer Signet’s UK arm has suffered an 8 per cent fall in like-for-like sales in the past three weeks of trading.
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News
Savers lays plans to stymie losses
Pre-tax losses at discount health and beauty retailer Savers widened in the year to December 29, but its management is confident the business has the right strategy to return it to profitability.
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News
Carphone’s Westfield store rewrites format
Carphone Warehouse has unveiled the blueprint for the roll-out of its cutting-edge technology stores at Westfield London.
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News
Alliance Boots steps up store integration
Alliance Boots has accelerated the integration of its Alliance Pharmacy and Boots stores, as it revealed first-half revenues up 11.3 per cent.
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News
Interest rate cut met with caution by analysts
The Bank of England’s shock decision to slash interest rates to 3 per cent will help heavily indebted retailers, but analysts remain cautious about the immediate impact on consumers.
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News
Ghost to resurrect luxury stance
The new owner of Ghost will take the fashion brand back to its luxury roots after rescuing it from administration last week.