All Retail Week articles in December 17 2010
Browse all news stories and articles from this date or time period.
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John Lewis reports "outstanding" Christmas and Clearance Sales
John Lewis has reported like-for-like sales up 7.6% over Christmas in the five weeks to January 1.
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Snow hits Next's Christmas sales but profits will meet expectations
Fashion retailer Next revealed it lost £22m in full-price sales because of snow in the run-up to Christmas but it remains on track to increase profits by between 7% and 10% this year.
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HMV to shut 60 stores as it issues profit warning
HMV has outlined plans to shut 60 of its HMV and Waterstone’s stores in the next 12 months as sales have continued to fall over the Christmas trading period and the retailer warned on profits.
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Waitrose new year like-for-likes up 5.9%
Waitrose reported like-for-like sales up 5.9% on the five days between Christmas and up to December 31, driven by New Year’s Eve party products including Champagne and party food.
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Amazon MD Brian McBride steps down
Amazon UK managing director Brian McBride has stepped down from his role for health reasons.
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Andy Bond steps down as Asda chairman
Asda chairman Andy Bond has stepped down from his position to focus on Walmart’s Massmart acquisition in South Africa and will leave once that deal is completed, expected at the end of March.
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Amazon eyes £200m Lovefilm deal
Online retail giant Amazon is reportedly closing in on a deal to buy Lovefilm which could value the movie rental service at nearly £200 million.
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Retailers fear tough year as VAT rise kicks in
Retailers, which saw shoppers flood the high street in the new year in a bid to beat today’s VAT increase, are braced to phase in price increases in the coming weeks.
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The White Company reveals strong Christmas trading
Furniture and fashion retailer The White Company experienced a 24% surge in Christmas sales as gifts, clothing and fragrance helped pull in shoppers.
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Sir Stuart Rose ends six-year tenure at M&S
Sir Stuart Rose will step down as chairman of Marks & Spencer today as he hands over the reins to former investment banker Robert Swannell.
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Blacks reports strong December sales
Blacks Leisure performed “very strongly” in December with like-for-like sales in its outdoor business up 10.2% for the month.
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Bluewater records highest ever Christmas footfall as Sales pull in crowds
Shopping Centre Bluewater said it experienced a record Christmas, recording its highest ever footfall of 28.1 million.
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The Co-op launches food ad campaign
The Co-operative Group has launched an advertising campaign for its food stores focusing on the importance of celebrating quality family time.
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Morrisons launches biggest ever Price Crunch
Morrisons is pledging to cancel out the effects of today’s rise in VAT by slashing prices, with January savings totalling £210m.
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JJB to ask shareholders for further £50m
Troubled sports chain JJB Sports is expected to ask investors for a further £50m following the £31.5m promised before Christmas, according to reports over the weekend.
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Tesco kicks off £340m of price cuts
Tesco has kicked off a £340m investment to cut several product lines in a new year blitz.
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Seasonal footfall up at Glasgow's St Enoch
Glasgow’s St Enoch shopping centre recorded a 20% year-on-year rise in footfall during Christmas week as shoppers avoided the cold weather and chose to do their shopping under cover.
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Asda reports "good" Christmas performance
Asda has reported a “good performance” in the run-up to Christmas, despite Arctic weather conditions.
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Ted Baker and Lush founders awarded New Year honours
Leading retail entrepreneurs are among the business people recognised in the New Year Honours List.
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Hunter rescues Cruise and partners with Van Mildert
Sir Tom Hunter has rescued Cruise from administration and entered into a joint venture agreement with Van Mildert, which will see the Middlesbrough mini-chain take control of all of Cruise’s buying.