All Retail Week articles in January 20 2012 – Page 4
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OpinionRetail surgery: How can I support my staff who are under financial pressure?
I recognise my staff are under financial pressure with rising household bills, but how can I support them without being able to offer inflation-busting pay rises?
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AnalysisHow to win spend and inspire people
Customers might think they don’t want to spend, but they may just need some gentle persuasion. Rebecca Thomson finds out how to get people shopping when they think they don’t want to.
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AnalysisLike-for-like sales: What do retailers need to know?
With the Christmas battle for spend over how can observers tell who performed best? Are like-for-likes the ideal measure or are they just part of a bigger picture?
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News
Grupo Pão de Açúcar reports net sales increase
Casino-owned Grupo Pão de Açúcar has reported a 21.2% increase in net sales to BRL13.4bn (£4.9bn) for the fourth quarter.Total sales for 2011 jumped 45.2% to BRL46.6bn (£17.1bn). Despite weaker demand amid the economic slowdown, like-for-like gross sales at the grocery retailer’s food division rose 8.7%, the highest quarterly growth ...
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Ikea to pursue growth avenues
Home furnishings retailer Ikea Turkey’s general manager Fuat Atalay has told local press that the group will pursue several avenues of growth over the next five years. Its strategy includes the opening of three new stores, the launch of a transactional ecommerce site for the whole country and better targeting ...
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NewsClinton speaks at NRF conference
Former US president Bill Clinton was a big draw when he spoke at this week’s NRF conference in New York.
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News
Kroger launches fully-automated convenience store
Grocery retailer Kroger has launched a fully-automated convenience store on the campus of Ohio Northern University in Ada. The 9-ft tall unit, provided by Shop24 Global, offers about 200 standard convenience products such as drinks, snacks, refrigerated meals, cleaning supplies and over-the-counter medicines. The machine’s stocking and dispensing system can ...
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News
Massmart reports sales increase
Retail and wholesale group Massmart has reported that sales rose 15% to R31.6bn (£2.56bn) during the first half to the end of December 2011. Like-for-likes increased 9.2% during the same period.The announcement follows several price promotions during the half, triggered by Walmart’s acquisition of a 51%majority stake in June 2011, ...
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GalleryPrimark: Making its mark
Edinburgh shoppers are flocking to Princes Street following the long-awaited arrival of Primark. John Ryan visits the flagship that has become the city’s retail phenomenon.
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NewsClearance drives strong John Lewis sales
Sales at John Lewis soared last week as its Clearance Sale drove strong online custom.
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NewsKardashian's UK footwear website to close after four months
The UK arm of Shoedazzle, the online footwear, handbag and jewellery retailer co-founded by US reality TV star Kim Kardashian, is to shut down after only four months.
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NewsAdministrators tell Life & Style directors to return 'incorrectly used' monies
The joint administrators of defunct fashion and homewares chain Life & Style have requested that the retailer’s previous directors return money they “incorrectly used” or face the threat of court action.
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News
BT headline sponsor Retail Week Technology Awards 2012
Retail Week is proud to announce that for the third year running, BT has signed up as the headline sponsor of the BT Retail Week Technology Awards. The awards are now open for entries, with the ceremony held in London on the June 19 this year.
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NewsHMV granted breathing space by banks
UPDATED: Struggling entertainment retailer HMV has revealed its banks have relaxed its terms and given it more headroom in a move that will have a “materially positive impact on the Group’s profitability and cash flow”.
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NewsPoundland posts positive Christmas
Poundland enjoyed a “very encouraging” Christmas with like-for-like sales up 5.9%.
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NewsVideo: Oxford Street shops flooded as water mains burst
Shops including Primark, Next and Ann Summers have been flooded on London’s Oxford Street after aging water mains burst.
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NewsArgos cuts or freezes 11,000 prices
Argos has frozen or cut 11,000 prices in its new catalogue, which will be distributed from tomorrow.