All Retail Week articles in May 4 2012 – Page 5
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News
Target remodels 90 stores to include fresh food
Target has begun remodelling 90 stores across the US and aims to complete the programmed by the end of June.The remodels are the second of three phases this year, which include the addition of fresh food to its general merchandise stores.Almost 1,000 Target stores offer an expanded food layout at ...
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News
Amazon reports strong sales results
Amazon reported better than expected results for the three months ended March 31. Sales rocketed 34% to $13.18bn (£8.1bn), driven by strong sales of Kindle products and digital media. Net income declined 35% to $130m (£80m) compared with $201m (£123m) in the same period last year as it invested in ...
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NewsSports Direct Founder climbs Sunday Times Rich List
Like the team he owns, Newcastle United, Sports Direct founder Mike Ashley’s wealth is on the rise, The Sunday Times Rich List showed.
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News
Grocer Edeka posts sales growth rise
Grocer Edeka posted 4.7% sales growth to E45.6bn (£37.1bn) in 2011. The retailer’s 4,500 independent shopkeepers reported sales of E20bn (£16.3bn), up 8.8%. Its discount store fascia Netto’s turnover increased 3.3% to E10.7bn (£8.71bn).Edeka opened 244 new Netto stores to reach a total of 4,100. It also opened 190 stores ...
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News
Safeway reports net income increase
Grocer Safeway reported net income for the first quarter ended March 24 increase to $81.6m (£50.2m) compared with $25.1m (£15.4m) in the same period last year.Total sales rose 2.4% to $10bn (£6.1bn), while like-for-like sales excluding fuel remained flat.Chairman and chief executive Steve Burd said: “Strong cost controls helped us ...
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GalleryStore of the week: Moss Bros, Regent Street
For some time, men’s formalwear retailer Moss Bros was under the cosh with an average network of stores stretching across most major towns and cities.
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OpinionTesco Value makes way for Tesco Everyday Value
So, Tesco Value, the iconic economy private-label launched in 1993, will soon be no more.
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GalleryPop-up shops: Going from strength to strength
Pop-up shops have come a long way from being attention-grabbing fads to brand mainstays that can make serious money.
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NewsRival grocer refuels at Morrisons
Morrisons’ Fuel Britannia offer this year was obviously too good to resist – even for its biggest rivals.
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AnalysisSainsbury's: What the analysts say
The City welcomed another strong performance from Sainsbury’s against a tough economic background.
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AnalysisAnalysis: Internaçionale - the fashion retailer at a glance
As fashion retailer Internaçionale looks set to hit the buffers with Ernst & Young likely to be appointed administor, Retail Week takes a look into the business
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