All Retail Week articles in January 30 2015 – Page 3
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Opinion
Comment: There could be life in BHS yet if it can find a buyer
As Arcadia boss Philip Green looks for potential buyers for BHS, can the fashion retailer be reinvigorated by new leadership?
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Opinion
Comment: H&M to catch up on rivals with move into make-up
Organic growth is difficult to achieve, so some retailers are required to steal share from rivals or expand into new product sectors to grow.
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News
Kurt Geiger is expanding into the children's footwear market
Kurt Geiger is entering into children’s footwear and will take over the children’s footwear departments in Harrods and Selfridges.
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News
Personalised babywear company My 1st Years forecasts 103% sales growth
Personalised babywear company My 1st Years is forecasting sales will grow by over 103% to £6.5m during 2015 and it plans to enter the US.
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News
Sir Philip Green will need all his deal-making prowess to sell BHS, observers believe
A successful sale of BHS will rely on all of owner Sir Philip Green’s legendary deal-making prowess, industry sources believe.
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News
Gap to close multi-brand Piperlime fascia in first quarter
Gap has revealed plans to shutter its multi-brand Piperlime fashion fascia in the first quarter of 2015.
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News
Apple Pay takes two-thirds of US contactless payments
Apple Pay has got off to a “strong start” since the contactless payment service launched last autumn, said chief executive Tim Cook.
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News
Tesco: Details of store closures revealed as 2,000 jobs face axe
Tesco has revealed the locations of the 43 stores, nearly half of which are Express branches, that will close in an attempt to cut costs.
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News
Asda income tracker shows family spending power reaches record levels
Family spending power is at its highest level since the tracker began six years ago and will continue to rise in 2015, according to economists.
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Analysis
Asos begins testing personalised recommendation feature
Asos has begun testing a feature called Asos Recommendations that will suggest products from brands and categories consumers already shop from.
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News
Apple smashes record for biggest quarterly profit in history
Apple has reported the biggest ever quarterly profit by a public company after strong sales of its new iPhone 6 smartphone.
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News
H&M to open 400 new stores after posting £500m net profit
H&M has pledged to open 400 new stores in 2015 after posting a stronger-than-expected net profit of £500m for the fourth quarter.
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News
Ikea profits flatline as it pours extra investment into staff bonuses
Ikea’s profits remained static at €3.3bn (£2.5bn) during the 2014 financial year as it increased the bonuses it handed out to workers by €98m (£73m).
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News
Breakfast briefing: Retail news on Apple, Foyles and retail staff
Retail news round-up on January 28, 2015: Apple reports strong sales; New Foyles CEO appointed; Retail staff unhappy.
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News
Shop Direct launches Very app featuring image recognition
Etailer Very.co.uk has launched a new-look iPhone app featuring a search function that uses image recognition technology.
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News
Primark's US stores could boost growth by up to 70%
Primark’s planned foray into the US could boost the value retailer’s growth by between 50% and 70%, management believe.
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News
David Cameron accused of U-turn over supermarket fines
The Prime Minister has been accused of trying to “water down” laws that would allow regulators to fine food retailers who squeeze suppliers.
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News
Foyles chief executive Sam Husain to retire from the bookseller
Sam Husain is retiring from his role as chief executive of bookseller Foyles, the retailer revealed today.
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News
Consumer spending at its highest level for three years, Deloitte says
Consumer spending on non-essential items has reached its highest level for three years thanks to falling fuel and food prices.
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Opinion
Comment: Tesco's Blinkbox failure proves copying Amazon is futile
With an insatiable appetite to capitalise on what it considered hot trends, Tesco hurried into an unknown market (to the grocer) that was already saturated.