All Retail Week articles in February 27 2015 – Page 3
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News
Marks & Spencer unveils China expansion as Asia boss steps down
Marks & Spencer has unveiled plans for further expansion in China on the same morning it was revealed its head of Asia quit the retailer.
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News
TK Maxx airs its first ever Red Nose Day TV advert
TK Maxx aired its first ever TV advert for Red Nose Day during the week, starring singer Lily Allen wearing a charity T-shirt.
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News
Billionaire Buffett admits 'embarrassment' over Tesco investment
Billionaire investor Warren Buffett has admitted he is “embarrassed” for taking too long to exit a £1.5bn investment in supermarket giant Tesco.
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News
Sports Direct faces City backlash over search for finance director
Sports Direct is facing growing unrest among its shareholders over the retailer’s ongoing search for a new finance director.
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News
TPG 'in advanced talks' over £120m deal to acquire Poundworld
TPG is reportedly in advanced talks to buy Poundworld in a deal that could be worth more than £120m.
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News
Game Digital acquires games festival organiser Multiplay for £20m
Video games retailer Game Digital has acquired games festival organiser Multiplay for £20m as it seeks to improve its fortunes.
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News
Thorntons profits slump 10% as supermarket price war melts sales
Thorntons profits slumped 10% as the supermarket price war took its toll on the confectionery retailer.
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News
Breakfast Briefing: Retail news on Poundworld, Morrisons, Sports Direct, Tesco and more
Retail news round-up on March 2, 2015: TPG could acquire Poundworld, Dunelm founder buys Morrisons stake, investors concern over Sports Direct’s delay on finance director and more.
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News
Sears to update US stores after reporting increased revenue in 2014
Department store group Sears plans to update its US stores after reporting an increase in revenue over the last year.
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News
Intu boss insists shopping centres will continue to succeed
David Fischel, the boss of shopping centre landlord Intu, has said shopping centres are “adapting” to changing consumer trends.
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News
IBM Watson personalisation supercomputer now available for commercial use
IBM has made its Watson supercomputer available for developers and retailers to use in analysing data streams.
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News
Retail Diary: The Golden Pillow, Waitrose reaches Vietnam and comedian goes unnoticed at B&Q
The Golden PillowThe Golden Pillow award for best customer feedbackIt is time for the Golden Globes and Oscars to move over. The new prize on (nearly) everyone’s mind is the prestigious Golden Pillow.The much coveted pillow-shaped award goes to the Dreams store that receives the ...
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News
Aldi's brand value surges 11% as it surpasses Tesco
Aldi’s brand value rose 11% to £9.2bn in the past year, making it more valuable than Tesco whose brand value plummeted by £3.6bn this year.
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Opinion
Comment: Don’t blame young people for rejecting supply chain careers
Those in the supply chain industry need to work hard to show young people the opportunities in the sector, says Laura Heywood
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News
Target security costs reached $162m following 2013 data breach
Target has revealed its 2013 security breach, which compromised customer data, has cost the business $162m (£105m).
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News
Wiggle appoints Asos chairman and ex-Amazon exec Brian McBride as chairman
Online cycling specialist Wiggle has appointed Asos chairman and former Amazon executive Brian McBride as its new chairman.
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News
UK is best market in the world for omnichannel retailing, says Bob Willett
The UK is making strides compared with the rest of the world when it comes to joining up retail channels, according to industry veteran Bob Willett.
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News
Co-op drafts in finance chief and reveals new heads of IT and communications
The Co-operative Group has confirmed that it has hired a new chief financial officer, but cannot reveal their name due to confidentiality clauses.
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Analysis
Analysis: Grand Central and Birmingham’s retail reinvention
Grand Central Birmingham is one of four shopping centres opening in 2015 and will have one of the largest John Lewis stores outside London.
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News
JC Penney shares take a hit after posting unexpected loss
US department store group JC Penney saw its shares take a tumble last night after the retailer posted lower than expected results.