All Retail Week articles in June 24 2011 – Page 3
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OpinionCan't get no satisfaction?
The only was to let landlords know you’re a dissatisfied tenant is to tell them
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News300 jobs axed as Life & Style closes 22 stores
Bust homeware and fashion retailer Life & Style, which was born out of the ashes of Ethel Austin, is closing 22 of it 150 stores and making 274 people redundant as administrators RSM Tenon continue talks with potential buyers.
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NewsLoss-making Comet to close 17 stores
Electricals retailer Kesa said Comet slumped into the red in the year to April 30, making a loss of £8.9m compared with retail profit of £11.5m the year before.
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NewsTesco shareholders urged to cut "excessive" pay
Tesco investors have been urged to vote against the grocer’s remuneration report by shareholder advisory group Pirc.
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NewsAsda clocks up £1bn ethnic and local produce sales
Asda has clocked up £1bn of sales since it began working with local and ethnic suppliers, and it is gunning to reach a £500m annual sales target by 2013.
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NewsBest Buy rumoured to be mulling Dixons bid
US electrical giant Best Buy is rumoured to be sizing up a bid for UK rival Dixons.
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NewsH&M profits plunge as cotton and labour prices soar
Swedish fashion giant H&M first half profits plunged as cotton prices and sourcing inflation soared.
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AnalysisAlixPartners
Consumers are under increasing pressure, and a number of retailers have been feeling the full force of this.
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AnalysisAmerican Express
The UK retail sector saw a rebound in spending at the end of 2009, and a recovery in 2010, with spending almost returning to pre-downturn levels.
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