More on Me + Em – Page 2244
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AnalysisAsset-based lending: What do retailers need to know?
Although Woolworths’ failure left asset-based lending with a hard- to-shake stigma in the UK, the Comet deal shows it is a perfectly viable form of funding.
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NewsFrench Connection like-for-likes plummet 9.5%
The warm weather hit French Connection in its third quarter. The fashion chain suffered a 9.5% plunge in UK like-for-like sales as shoppers shunned its winter clothing.
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NewsAsda launches new mobile app
Asda has launched a new mobile app which allows customers to buy groceries online and compare the price of their shopping to rivals using an iPhone.
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NewsGrocers focus on own-labels in the battle for margins and share
Supermarkets are setting their sights on own-label products to create differentiation and drive margin improvements as they fight for market share.
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NewsTesco trials web and store augmented technology
Tesco customers can see how products will look in their homes as well as watch film trailers in store with new augmented reality technology online and in shops.
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NewsSainsbury’s plans first standalone pharmacy
Sainsbury’s is to open its first separate pharmacy outside its supermarkets as the grocer looks beyond traditional retailing and expands its healthcare services business.
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NewsQD Stores plans pop-up stores to counter lack of space
Discount retailer QD Stores plans to open pop-up shops to tackle the shortage of larger store space available in key regions.
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NewsSales rise at Ted Baker
Ted Baker has defied unseasonably warm autumn weather to report a 7.8% rise in group sales.
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NewsMothercare chairman launches review after first-half losses
Mothercare chairman Alan Parker marked his first 100 days in office by reporting an interim loss and launching a review of the ailing UK business.
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News
Shoppers Drug Mart reports sales increase
Drugstore operator Shoppers Drug Mart has reported a sales rise of 2.1% to CAD3.11bn (£1.92bn) for the third quarter ended October 8.On a like-for-like basis, total sales increased 1.5%, with prescriptions up 1.1% and front-store sales (products sold separately from the pharmacy) up 1.8%. During the quarter, total prescription counts ...
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News
Sales rise for Grocer Delhaize Group
Grocer Delhaize Group’s sales in the third quarter of 2011 rose 6.6% at identical exchange rates, to E5.33bn (£4.57bn).Growth in the US reached 3.5% in dollars and 1.9% like-for-like. Operating profit increased 1.8% at identical exchange rates to E238m (£204.1m). Operating margin decreased to 4.5%, mainly due to the consolidation ...
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News
Euroset withdraws from Ukrainian market
Russian mobile phone retailer Euroset has withdrawn from the Ukrainian market, closing all its stores.Euroset has been reducing stores numbers in Ukraine since 2009. The biggest disposal was in the summer of 2010 when the company shut 150 shops. In December 2010, Euroset had 275 stores in the country and ...
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News
Yamada Denki posts drop in net sales
Electronics retailer Yamada Denki has posted a 2.6% drop in net sales to ¥987bn (£8.04bn) for the first half. Operating profit rose 33.8% to ¥63bn (£518.3m), while net profit increased 44.6% to ¥40.9bn (£333.5m).During the period the company introduced electric vehicles, solar panels, household lithium batteries and energy-saving equipment in ...
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NewsTed Baker boss almost caught on camera
Could this be the most revealing picture we have seen yet of Ted Baker chief executive Ray Kelvin?
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OpinionNot just for profit
It’s that time of year again. The fairy lights are twinkling, the festive songs are playing and, in the next few weeks, we’ll hit the high spot of the retailer’s year – Christmas.
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NewsWHSmith expands Irish offering with Arnotts opening
Bookseller and stationer WHSmith has made its first foray into Ireland outside its travel stores by launching a bookshop within Dublin department store Arnotts.
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Opinion
Aurora expands mobile point-of-sale trial
Aurora Fashions is expanding its trial of its mobile point of sale system, with 23 stores expected to have iPads by the time the Christmas peak hits. The company is running one of the retail industry’s first mobile point-of-sale trials in relatively high traffic stores, and it says it’s going well so far.
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NewsOracle Retail Week Awards shortlist announced
The rapid development of multichannel business models and a young generation of pureplay retailers feature prominently in the 2012 Oracle Retail Week Awards shortlist, revealed this week.
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NewsWeak October Scottish retail sales could signal difficult Christmas
Christmas “hangs in the balance” for retailers as Scottish like-for-like sales declined for the fifth time in six months.
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NewsTesco censured by watchdog over "misleading" Price Check ad
Tesco has been censured by the Advertising Standards Agency over its Price Check campaign.