All Retail Week articles in March 29 2013 – Page 2
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AnalysisKingfisher full-year figures: What the analysts say
Kingfisher, the DIY group which owns B&Q and Screwfix, today posted an 11% drop in pre-tax profit to £715m for the year to January 31, 2013. Retail Week takes a look at what the City thinks.
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NewsStaples hires new UK boss to lead multichannel strategy
Staples has today appointed new UK vice president Carlos Maia to lead a multichannel strategy, integrating its online operations with stores.
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NewsBlockbuster to launch music as part of new owner's revival plan
Blockbuster’s new owners Gordon Brothers are locked in discussions with landlords about securing better terms as the restructuring firm plans to launch into music at the entertainment specialist.
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NewsMarch retail sales flat but retailers confident of rise in April
Retailers are confident sales will grow next month despite recording flat sales in March and bringing six months of growth to an end, according to the CBI Distributive Trades Survey.
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OpinionComment: The battle of the supermarkets heats up
Whilst Justin King can look proudly upon Sainsbury’s recent performance, he must be aware that Tesco has only just finished licking its wounds from the horse meat scandal and is slowly regaining strength.
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NewsEtailer Occa Home adds former Best Buy Europe boss Willett to board
Occa Home, the furniture etailer backed by Asos and The Hut investor The William Currie Group, has appointed former Best Buy Europe boss Bob Willett to its board.
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NewsCold weather threatens to ruin Easter trading for DIY and garden retailers
DIY and garden retailers are bracing themselves for an Easter weekend sales freeze during the most important time of the year for home improvement categories, as wintry conditions continue to undermine performance.
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NewsKingfisher boss insists growth plan is on track despite profit dip
Kingfisher boss Ian Cheshire has insisted that the DIY giant’s growth plan remains on track despite profits slipping for the first time in five years last year.
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AnalysisInternational analysis: Auchan on course to become €100bn retailer
Auchan’s sales jumped 5.8% to E46.9bn (£39.9bn) in the year ended December 31, fuelled by expansion and like-for-like performance.
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News
Casino adds grocery offer to its Cdiscount website
Casino has added a grocery offer to its Cdiscount website. Shoppers receive free home delivery in metropolitan areas on orders over E20 (£17).Cdiscount is one of the most visited websites in France, and for the launch of the grocery service the etailer offered its cardholders a refund on their first ...
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AnalysisAnalysis: Trinity Leeds brings city a retail showcase it deserves
As the only big mall opening of the year and the first since Westfield Stratford City in September 2011, Trinity Leeds needed to make a splash. It did.
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News
Carrefour appoints Eric Uzan to head Italian operation
Carrefour has appointed Eric Uzan to head its Italian operation, effective from April 2.Uzan has been working for the group for more than a decade. He oversaw the development of the Americas region and, more recently, worked in Indonesia, where the French retailer spun off its operation last year.The appointment ...
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OpinionComment: Striking the right professional management balance
I’ve always been fascinated by the relationship between a company founder and the management they inevitably have to bring in.
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NewsIan Harding flies in for Majestic board role
Champagne corks aplenty popped last week as fizz specialist Majestic Wine toasted the appointment of Kingfisher group communications director Ian Harding to its board as a non-executive director.
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AnalysisMy retail life: Lysa Hardy, chief marketing officer, NBTY Europe
Lysa Hardy, Chief marketing officer at NBTY Europe, owner of Holland & Barrett, speaks to Retail Week about her life working in retail.
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OpinionComment: Multichannel success for fashion and homeware retailer Next
Next’s full-year figures showed that the fashion powerhouse remains a pastmaster in multichannel retailing.
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News
Metro Group reports decline in net profit
Metro Group reported a sharp decline in net profit by 86.3% to E101m (£86.1m) for the full year ended December 31.EBIT (before special items) suffered a double-digit decline across all formats with the exception of Galeria Kaufhof and real estate.Metro Group’s net sales rose 1.2% to E66.7bn (£56.8bn), supported by ...
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NewsTopps Tiles profits expected to dip as it kicks off cost reduction initiatives
Topps Tiles underlying pre-tax profit is expected to fall in the 26 weeks to March 30 “against a background of weaker than expected demand”.
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NewsSainsbury’s online director role expanded to spur digital growth
Sainsbury’s has expanded the remit of online director Jon Rudoe to encompass digital growth in new channels.
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NewsThe Co-op accepts IOUs in town hit by power cut
The Co-operative has been offering customers the chance to pay for goods with IOUs in a Scottish town that has been without power for five days.
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