All Electricals articles – Page 96
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NewsJohn Lewis' first week of Clearance Sale drives 26% revenue uplift
John Lewis’ first full week of its Clearance Sale “continued momentum” from Christmas as turnover at the department store surged 26% to £91.8m in the week to January 5.
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NewsWould-be Comet white knight Coombes still aiming to resurrect brand
Would-be Comet white knight Clive Coombes is still aiming to buy the Comet brand after lodging four failed bids to buy the collapsed retailer since it went bust in November.
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NewsFormer Jessops chairman David Adams blasts HSBC over collapse
The former chairman of Jessops David Adams has criticised the collapsed camera specialist’s largest shareholder HSBC for dismissing “out of hand” a private equity-backed approach he claimed he made for the business last summer.
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AnalysisJessops timeline: Charting the company's history
A look at the history of camera specialist retailer Jessops which collapsed into administration yesterday.
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NewsJessops collapse blamed on suppliers changing credit terms
Jessops is understood to have filed for administration after suppliers Nikon and Canon changed the credit terms and cut the payment period.
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OpinionComment: Jessops' dullness was its downfall
There was more gloomy news in the electrical retail sector over Christmas and the New Year with the combination of Comet’s demise and the news yesterday that Jessops has called in the administrators.
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NewsM-commerce drives 5% Christmas sales growth at Shop Direct
Shop Direct sales jumped 5% in the six weeks to December 29 driven by mobile commerce.
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OpinionComment: Jessops' failure reflects declining market
The failure of Jessops would represent the latest in a long line of casualties within the UK electricals market.
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NewsUPDATED: Jessops collapses into administration, store closures expected
Jessops has collapsed into administration with PwC appointed as administrator, as tipped by Retail Week this morning.
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NewsFood price inflation eases
Food price inflation fell in December as a result of competition in the grocery sector and easing commodity prices.
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NewsPhones 4U Christmas like-for-like sales surge 15.8%
Phones 4U retail like-for-like sales soared 15.8% in December following momentum built up over a strong year.
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NewsChristmas retail like-for-likes edge up 0.3%
Retailers are preparing for a flat trading year after like-for-like sales edged up just 0.3% in the critical December trading period, against a 2.2% increase in the same month the previous year.
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InterviewQ&A: 'We'll end 2013 mid to high single digits up', says John Lewis boss Andy Street
John Lewis managing director Andy Street talks to Retail Week about the snowman ad, tax evasion and prospects for 2013.
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NewsRetailers brace themselves for another tough year in 2013
Next year looks set to be as tough as 2012 for retailers, with “shaky consumer confidence” likely to continue into 2013.
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NewsRetailers offer up to 90% discounts on Christmas Eve
Retailers are offering discounts of up to 90% to tempt shoppers on Christmas Eve as more than a third of adults have left their gift buying to the last minute, according to research.
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NewsRetail sales values rise 1.5% in November
The value of retail sales jumped 1.5% year-on-year last month, according to the Office for National Statistics.
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NewsFormer Comet staff claim there was a closure 'dummy run'
Concern has been voiced that there was a ‘dry run’ of Comet’s closure as early as last summer.
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OpinionComment: The best retailers have thrived in 2012
Pictures of the shutters coming down on Comet stores for the final time this week are a fitting, but unfortunate, image with which to close out 2012.
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Analysis2012: The year in review - Retail winners and losers
From big administrations to political hot potatoes, retailers have seen it all. Caroline Parry charts the big moments in the year that was.
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News
Electricals chain Reliance Digital aims to ramp up store count
Consumer electricals chain Reliance Digital is aiming to ramp up its store count from 104 to 500 by March 2014.To strengthen back-end operations, the company plans to up its warehouse count from 21 nationwide to one in every state.