All Retail Week articles in January 10 2014 – Page 4
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NewsMarks & 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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NewsTed Baker Christmas sales jump 18%
Ted Baker sales increased 18.3% over the Christmas period in the eight weeks from November 10 to January 4.
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NewsNew Look Christmas like-for-likes up 1.5%
New Look “performed well” over Christmas as like-for-like sales increased 1.5% in the period.
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OpinionBlog: Tesco boss Philip Clarke on the grocer's Christmas performance
As seasonal as the sales, the flurry of Christmas trading statements is well underway and we have reported our sales update this morning.
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NewsHobbs appoints former New Look boss Phil Wrigley as chairman
Former New Look boss Phil Wrigley has been appointed as chairman of fashion retailer Hobbs.
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AnalysisMorrisons' Christmas trading: What the analysts say
Morrisons today brought forward its planned Christmas trading update to inform the City of its 5.6% fall in like-for-like sales over Christmas. Retail Week rounds up the reaction.
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OpinionComment: Delivery was a key reason for poor Christmas performances
It comes as little surprise that discussion of Debenhams’ and Mothercare’s lacklustre Christmas results have mentioned their online delivery propositions.
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NewsM&S forced into Sale early by 'unprecedented' level of promotions, says Bolland
Marks & Spencer boss Marc Bolland said the retailer tried to hold its nerve over Christmas promotions but was forced into Sale early by “unprecedented” promotional activity.
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NewsFoyles Christmas like-for-likes edge up 0.4%
Foyles like-for-likes edged up 0.4% in December as the retailer benefitted from a last minute rush of shoppers.
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NewsTesco FD Laurie McIlwee: "Market contracted more than we anticipated in December"
Tesco chief financial officer Laurie McIlwee said the grocer was “too optimistic” at the beginning of December and the market contracted more than it thought over the key Christmas trading period, leading to “disappointing” results.
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NewsMorrisons boss Dalton Philips admits it lost out to discounters at Christmas
Morrisons lost out to rivals at Christmas after discount shoppers failed to switch from Aldi and Lidl for their festive shopping, chief executive Dalton Philips has admitted.
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OpinionComment: Grocers have some work to do after 'Excuses Thursday'
There seems to have been an alarming recent trend to label days of the week in retail, a la Sky Sports.
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NewsH Samuel owner Signet warns on profits after discounting hit margins
Jeweller Signet has warned on profits after discounting over the Christmas trading period hit margins.
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AnalysisMarks & Spencer third quarter update: What the analysts say
Marks & Spencer today revealed struggling general merchandise sales pulled down its third quarter performance which it blamed on a warm October and pre-Christmas disocunting. Retail Week takes a look at what the analysts say.
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OpinionNick Bubb’s verdict: Marks & Spencer - who’d be a food retailer?
Marc Bolland may have mixed feelings about the unfolding disaster at his old company Morrison’s, but he can be proud of how M&S Food has performed.
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AnalysisAnalysis: Where did Morrisons go wrong at Christmas?
Morrisons today surprised the City with an early trading update which warned on profits and reported plunging Christmas sales. Retail Week examines what caused the slump.
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NewsIceland international boss Paul Foley resigns
Iceland international business director Paul Foley has resigned his two directorships at the frozen food retailer a year after taking them on.
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NewsJoules reports strong Christmas trading
Lifestyle brand and retailer Joules achieved a surge in sales over Christmas on the back of a strong product offer and an uplift in multichannel shoppers.
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OpinionBlog: Marks & Spencer's tale of two Christmases
Marks & Spencer told a tale of two Christmases when it posted seasonal figures today.