All Retail Week articles in January 10 2014 – Page 4
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News
Marks & Spencer blames warm weather and discounting for lacklustre quarter
Marks & Spencer has blamed warm weather in October and Christmas discounting for its lacklustre third-quarter performance, which was dragged down by general merchandise sales.
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News
Morrisons' Christmas like-for-likes slump 5.6%
Morrisons’ like-for-like sales fell 5.6% excluding petrol over the Christmas period, and the grocer warned it now expects full-year profit to be at the lower end of expectations.
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News
Tesco reports UK Christmas like-for-likes down 2.4%
Tesco has reported like-for-like sales in the UK fell by 2.4% over Christmas, maintaining that weakness in the grocery market impacted its performance.
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Opinion
Comment: Media hires will keep retailers relevant
The retail and media sectors have always been close cousins. But, as the digital revolution continues to disrupt all aspects of the media space, the role of retailers has to change if they are to remain relevant.
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Opinion
Comment: Next makes money in the middle market
Next was very much in fashion with shoppers over Christmas, when it posted better than expected sales.
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Interview
Q&A: Gousto's chief executive and co-founder Timo Schmidt
Timo Schmidt, chief executive and co-founder of online food specialist Gousto speaks to Retail Week about his life working in retail.
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Analysis
International analysis: Walmart plans to make Sam’s Club its Chinese star
Walmart’s track record in China has been mixed - rapid expansion of Supercenters has been followed by retrenchment and reappraisal.
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News
Breakfast briefing: WHSmith, Boots Ireland, Marks & Spencer, Liberty
Retail news round-up on January 9, 2014: WHSmith faces revolt over Kate Swann’s pay-off, Boots Retail pre-tax profit jumps 14%, Marks & Spencer third quarter sales hit by warm October, Liberty Christmas sales up 17%
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News
Warm summer helps lift Bravissimo full-year figures
Lingerie retailer Bravissimo has revealed growth in sales and pre-tax profits in its full-year figures, as the company expects to open new stores this year.
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News
Waterstones reports healthy Christmas trading
Waterstones delivered a robust performance over Christmas as margins held firm and sales dipped slightly.
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News
Lovehoney full-year profits rise as it hits the right buttons
Online retailer Lovehoney saw its full-year profits treble to £2.25m, thanks to demand for its exclusive Fifty Shades of Grey licensed range and an increasing public acceptance of sex toys.
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Analysis
Sainsbury's Justin King: 'The toughest Christmas trading environment in my 30 years of retail'
Sainsbury’s chief executive Justin King has said the overall food market in the third quarter will be flat or in slight decline – the first time this has happened in his 30 years of retailing.
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News
New Look like-for-likes rise over Christmas
New Look recorded positive like-for-likes over Christmas when the fashion retailer battled stiff competition across the high street.
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Opinion
Comment: Retail trends that are not just for Christmas
The concentrated nature of the festive trading period amplifies consumer trends like no other and there are already telling lessons to be drawn for the year ahead.
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Analysis
Sainsbury’s third quarter: What the analysts say
Sainsbury’s today reported a 0.2% rise in like-for-like sales in the third quarter as the retailer experienced a flood of late shoppers. The City praised the performance against a tough market.
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News
Updated: Fat Face profits rise after strong first half
Fat Face has posted a strong performance in its the first half as it maintained its full price strategy in the run-up to Christmas despite heavy discounting across the high street.
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Opinion
Comment: Mothercare lost out to rivals after Christmas gamble
Mothercare has issued a shock profit warning which has seen its share price plummet in this morning’s trading.
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News
Christmas discounting sends shop prices tumbling at fastest rate in seven years
Shop prices dropped at their fastest rate for seven years in December as retailers attempted to woo customers with heavy discounts over the Christmas period.
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News
Majestic Wine toasts strong Christmas sales
Majestic Wine has popped the cork on strong Christmas trading figures as shoppers sought out its premium wine offer over the festive party season.
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News
Waitrose enjoys record Christmas as shoppers seek premium food
Waitrose has posted record Christmas trading figures as shoppers sought premium food and utilised the grocer’s strong multichannel offer.