All articles by Gemma Goldfingle – Page 5
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NewsUnited Carpets profits plunge but recent trading rallies
Profits plunged from £589,000 to £121,000 at United Carpets, the UK’s third biggest flooring retailer, after a “very challenging” first half but it sees “encouraging signs” in recent performance.
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NewsSuperdry profits plunge prompts full-year warning
Superdry profits plunged 49% in its first half as the fashion retailer warns on full-year earnings and steps up its transformation plan.
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NewsDixons Carphone posts £440m loss as Baldock reveals strategy
Dixons Carphone boss Alex Baldock has set out his strategy to focus on online and credit as it dials up a £440m half-year pre-tax loss.
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NewsSainsbury's-Asda seeks judicial review of CMA merger probe
Sainsbury’s and Asda will today lodge an application with the Competition Appeal Tribunal for a judicial review of the Competition and Markets Authority’s investigation into their proposed merger.
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VideoThe Retail Week: Consumer trends to look out for in 2019
This week we take a look at how the consumer will feel and shop in 2019 and the trends that will drive their behaviour.
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NewsWalmart rolls out robot cleaners that collect data
Walmart will roll out 360 robotic cleaners across the US that will clean its stores and collect data in the process.
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NewsClas Ohlson to close UK stores
Swedish hardware retailer Clas Ohlson will close all of its stores in the UK, apart from the Reading branch, following years of losses.
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NewsSales slip as under-pressure Ted Baker launches hugging probe
Ted Baker sales slipped 0.2% in its last quarter and it has hired law firm Herbert Smith Freehills to investigate workplace harassment claims.
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NewsDepartment store spend falls for 13th consecutive month
Spending at UK department stores has fallen for the 13th consecutive month, according to data from Barclaycard.
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NewsJoules sales soar as it ups profit expectations
Joules’ sales jumped 17.6% to £113.1m in its first half as it raises profit expectations.
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AnalysisConsumer 2019: Six trends that retailers need to know
We pick out the big consumers trends that retailers should watch out for in 2019.
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NewsTesco to put electric car charge points in 600 stores
Tesco has partnered with Volkswagen to roll out more than 2,400 electric charging bays at 600 stores over the next three years.
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NewsMissguided chief customer officer exits after eight months
Missguided chief customer officer Kenyatte Nelson has left the fast-fashion business after eight months.
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NewsConsumer confidence fall threatens festive cheer
Consumer confidence fell three points to -13 in November as Brexit threatens to turn the season of goodwill into the “season of uncertainty”.
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AnalysisAnalysis: Has Black Friday passed its peak?
Shoppers were apparently reluctant to splash their cash on Black Friday this year, which also brought a polarised performance from bricks-and-mortar stores and online.
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NewsFast-fashion retailers called before Parliament
Fast-fashion retailers including Asos, Boohoo and Missguided have been called before Parliament over concerns the impact cheap clothing has on workers and the environment.
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NewsStore closures soar to record levels in first half
Britain’s high street is weathering the most testing climate in five years as the gap between store closures and openings widens to record level.
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NewsAO World to acquire Mobile Phones Direct
AO World is to buy online phone retailer Mobile Phones Direct for £32.5m as it turns up pressure on Dixons Carphone.
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NewsMulberry hit by House of Fraser collapse as sales plunge
Mulberry UK retail sales plunged 11% in its first half as House of Fraser administration and “soft” retail conditions bite.
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NewsM&S profits rise but sales continue to fall
Marks & Spencer profits have risen but sales fell as boss Steve Rowe vows to “leave no stone unturned” in his quest to transform the business.