All Retail Week articles in June 24 2011 – Page 9
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NewsHobbs secures £46.5m funding to accelerate expansion
Womenswear retailer Hobbs has secured £46.5m funding to accelerate brand development and retail expansion.
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AnalysisBusiness as usual, but faster
Retailers are adjusting to the new post-recession market, which means never allowing their businesses to stand still. By Joanna Perry
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NewsOcado fights back with London ad drive
Etail grocer Ocado has kicked off a marketing campaign of its own just a week after Waitrose launched an advertising drive in London.
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NewsArgos owner in talks to buy Habitat
Home Retail Group, owner of Argos and Homebase, is understood to be in talks to buy parts of the UK operation of Habitat in a deal worth £20m-£30m.
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NewsInflexion completes Ideal acquisition for £78.3m
Private equity firm Inflexion has completed the acquisition of multichannel retailer Ideal Shopping Direct for £78.3m.
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NewsHaldanes enters administration
Haldanes has gone into administration with 600 employees being made redundant.
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NewsCo-op buys 3 Netto shops
The Co-operative Group has bought three Netto stores from Asda for an undisclosed sum.
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NewsSuperGroup chief allays investor worry
Fashion retailer SuperGroup sought to reassure investors at an analysts day on Monday
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NewsRetail sales slip as consumers feel the pinch
Retail sales slipped in recent weeks, marking the first time in a year when sales have not shown growth.
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NewsSchuh sold to US retailer in £125m deal
Footwear retailer Schuh has been acquired by US-based retail group Genesco for a total of £125m.
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NewsHomeform files notice to appoint administrator
Kitchens, bedrooms and bathrooms group Homeform has filed a notice to appoint an administrator.
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Best Buy records a 1.7% fall in sales
Electricals giant Best Buy recorded a 1.7% fall in like-for-like sales during its first quarter ended May 28. Total sales grew by 1.4% to $10.9bn (£6.74bn ), but fell 0.8% in the US domestic market to $7.86bn (£4.86bn).Internationally the picture was better, with sales up 7.6% to $3.08bn (£1.9bn), or ...
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NewsFacebook fans each bring 20 visits a year
One Facebook fan brings 20 additional visits to a typical retail website over a year, and top retailers who have no fans at all can still receive on average 62,000 visits a month from the social network.
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Kroger reports 11% sales increase
Supermarket chain Kroger reported an 11% increase in sales (including fuel) to $27.5bn (£17bn) for its first quarter ended May 21. Excluding fuel, sales increased by 4.8% over the same period last year. A 4.6% increase in like-for-like sales together with cost savings boosted net profit 15.6% to $432.3m (£267.4m). ...
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French retailer Casino raises its stake in Brazil's largest retailer
French retailer Casino has raised its stake in Brazil’s largest retailer Companhia Brasileira de Distribuiçao to 37% after buying 3.3% of the company’s shares on the market. Companhia Brasileira de Distribuiçao is jointly controlled by Casino and the Diniz family through a 50:50 joint venture holding company called Wilkes. A ...
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NewsNick Robertson spells out his OBE
Asos chief executive Nick Robertson hasn’t let his OBE, awarded as part of the Queen’s Birthday Honours, go to his head.
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NewsJewellers alarm as Channel 4 targets them over gold mines
Retailers’ ethical sourcing is in the spotlight once again as Channel 4 prepares to air a Dispatches programme focusing on how high street jewellers source their gold.