More on Me + Em – Page 2056
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NewsDebenhams' homeware sales boosted by wet weather
Sales across Debenhams’ homeware and furniture sale are booming, as shoppers spend more on their home due to the wet weather and less on holidays.
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NewsIceland appoints Paul Foley as international business director
Iceland has appointed Paul Foley as its first international business director, who will return to the retailer after 23 years to drive the grocer’s export business.
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NewsKurt Geiger to rein back UK stores as rents 'kill' retail
Kurt Geiger is to close stores and focus on international expansion amid spiralling costs in the UK.
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NewsWaitrose boss eyes rapid online expansion
Waitrose boss Mark Price anticipates doubling the grocer’s store count to 600 as well as rapidly increasing its online sales.
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NewsJJB suitors circle as Bill Gates faces £20m loss
JJB shareholder Bill Gates is facing a £20m loss after the struggling sportswear retailer warned investors its shares could be worthless.
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GalleryStore of the week: Juicy Couture, Regent Street, London
Fashion brand Juicy Couture’s new store on Regent Street is everything you’d hope and expect it to be.
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GalleryStore gallery: The way forward for HMV
The entertainment retailer has opened a store in Cambridge that provides a vision of its future. John Ryan explores the shop’s raft of digital in-store initiatives.
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OpinionComment: Why in-store wi-fi matters and QR codes do not
Trust, transparency and trade are all benefits of the true deployment of wi-fi as part of a store blueprint, so why have so few retailers rolled this out?
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NewsKitchen specialist Harvey Jones on the expansion trail
Mid-to-upmarket kitchens specialist Harvey Jones is on the expansion trail as it lays out plans for 70 shops across the UK.
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AnalysisInfographic: Who's owed what after Peacocks collapse?
After the collapse of Peacocks, Retail Week takes a look at who is owed what.
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AnalysisAnalysis: Why are mobile conversion rates so low?
Mobile conversion rates can be much lower than websites, so why aren’t shoppers buying on their phones?
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NewsPoundstretcher boss Richard Kirk exits after three months
Former Peacocks boss Richard Kirk has stepped down as chief executive of Poundstretcher after just three months in the role.
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NewsJJB founder Whelan signals interest in up-for-sale retailer
JJB Sports founder Dave Whelan could step in to take over some of the retailer’s stores.
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NewsOlympics fails to boost consumer confidence, says GfK
The Olympics has failed to boost consumer confidence, according to research body GfK.
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NewsJohn Lewis sales jump sparked by electricals
John Lewis sales jumped 8.8% over the week to August 25 driven by electricals, home and technology.
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NewsAquascutum seeking London flagship
Upscale fashion retailer Aquascutum aims to return to London’s West End and is seeking a flagship in the premier shopping district.
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AnalysisAnalysis: What Kate Swann brought to WHSmith
Kate Swann is to leave the WHSmith nest in 2013 after a successful nine years at the helm. She has led the retailer through the tough economic times with a familiar story of rising profits despite falling sales. Retail Week highlights some of the key elements of Swann’s strategy.
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News
Woolworths reports group turnover growth
Food and clothing retailer Woolworths reported group turnover growth of 11.8% to ZAR28.6bn (£2.15bn) for its financial year ended June 24. Operating profit was up 26.6% to ZAR2.7bn (£203.2m), and profit after tax increased by 25% to ZAR2.1bn (£158m).At Woolworths’ African food and clothing operations, total sales increased by 11.6% ...
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Bookseller Barnes & Noble narrow net losses
Bookseller Barnes & Noble recorded a 2.5% increase in consolidated revenues to $1.5bn (£948.4m) for its first quarter ended July 28. Net loss narrowed to $41m (£25.9m) as a result of cost savings. Sales at the retailer’s stores rose 2% during the period, or 4.6% on a like-for-like basis, benefiting ...
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Net income plunges at Best Buy
Consumer electronics specialist Best Buy’s net income plunged 91% to $12m (£7.6m) for the three months ended August 4.That compares with $150m (£94.8m) in the same period a year earlier. Second-quarter adjusted operating profit fell 52% to $124m (£78.3m), hit by restructuring including store closures and job cuts.Total revenue fell ...