All Retail Week articles in August 5 2011 – Page 2
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AnalysisIndia paves way for more direct foreign investment
A government panel recently approved a proposal to allow further foreign direct investment (FDI) into India’s retail sector, a move aimed at opening the country’s huge retail market to foreign retailers.
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NewsBlacks Leisure chairman David Bernstein resigns
Blacks Leisure chairman David Bernstein has resigned.
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NewsArcadia profits to fall by a third
Profits at fashion giant Arcadia will fall steeply this year, owner Sir Philip Green has told staff.
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NewsTough trading is set to continue, says Spindler
Trading at value department store group Original Factory Shop has improved in the new financial year, but chief executive Angela Spindler said retail conditions remain tough.
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NewsFindel group sales ahead by 1.1%
Home shopping group Findel said group sales are ahead of the prior year by 1.1% in its interim management statement though with some pressure on margins which it said is offset by cost savings.
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NewsHarvey Nichols’ Martin Schofield exits
Harvey Nichols retail operations and IT director Martin Schofield, effectively number two to chief executive Joseph Wan, is to leave the department store group.
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NewsInvestment key as new TJ Hughes owner plans to rebuild the chain
TJ Hughes’ new owner has vowed to invest in the stores to revive the department store retailer in a bid to rebuild it into a nationwide chain within five years.
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NewsArgos tunes in to new Emmerdale ad tie-up
Argos is to promote its new catalogue on TV tonight through an innovative tie-up with broadcaster ITV and soap Emmerdale.
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NewsGood news for fashion as Next signals end of cost price inflation
A year of punishing cost price inflation for fashion retailers is coming to an end, fashion giant Next has signalled.
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News
Xtra-vision set to benefit from €8m digital investment
The owners of Xtra-vision are to invest up to €8m (£6.9m) in the Irish entertainment retailer, which emerged from creditor protection last week.
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NewsClinton Cards improves stock accuracy with wifi
Clinton Cards has improved stock data accuracy with wireless technology that has allowed the company to automate its stock management.
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NewsZara to launch online in the US next month
Zara has confirmed the launch of its US website for September.
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NewsCredit insurer cuts Dreams' supplier cover
Suppliers to beds specialist Dreams have had credit insurance withdrawn by Euler Hermes.
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NewsTJ Hughes stores start to close
Administrators to TJ Hughes will kick off closing down Sales immediately and stores will start to close from next week for 22 of the shops.
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NewsClinton boss to add fresh perspective
Clinton Cards new chief executive will “help galvanise the business to help it achieve greater profitability”, says the retailer’s group managing director Clinton Lewin.
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NewsRiver Island ups ante with return to print advertising
Creative director keen to grab market share with autumn collection ads in September’s fashion bibles
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NewsBrand Alley turns on TV web channel
Designer discount etailer Brand Alley has launched an online TV channel.
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NewsLiberty answers demand for kidswear
Department store Liberty is to open a kids department in February.
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NewsWHSmith potential lies in travel arm
Bookseller and stationer WHSmith is undervalued according to broker Panmure, which reiterated its buy stance on the stock.
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