More on Me + Em – Page 2270
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NewsFigleaves in profit but N Brown warns confidence is waning
N Brown’s etail lingerie business Figleaves has made a half-year profit for the first time in its history, but the home shopping fashion group faces an uphill battle until the end of the year as consumer confidence deteriorates.
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NewsReiss can be a global brand, says Sharma
Reiss’ overseas business will outgrow its UK operation in the next three to four years, according to its new international director Sanjay Sharma.
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NewsWHSmith claims e-reader first with Kobo partnership
Bookseller and stationer WHSmith has struck a deal to launch Kobo wifi touchscreen e-readers in the UK.
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NewsMonsoon FD departs as functions leave London
Monsoon Accessorize finance director David Jones has been made redundant as the retailer moved half its operations from its London head office to its distribution centre in Wellingborough.
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NewsWiggle removes 'misleading' promotion
Bikes etailer Wiggle has stopped using an online promotion after the Advertising Standards Agency (ASA) ruled its ‘15% off’ deal was misleading.
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NewsHunt begins for Pets at Home chief executive
Pets at Home has hired headhunter firm Clarity to search for a new boss as Matt Davies prepares to step down next year.
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NewsPoundland profit surges as cash strapped consumers seek value
Poundland underlying EBITDA surged 34% to £31.7m in the year to March 27 as the retailer continues to pull in cash strapped shoppers in the downturn.
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NewsRecord travel performance helps WH Smith to higher profits
WH Smith’s profits rose 4% in the year to 31 August, helped by record profits from its travel division.
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Carrefour director Alain Fretellière to leave the group
Carrefour director of private label Reflets de France Alain Fretellière will leave the group at the end of the month. Fretellière, who also leads relationships with small and medium-sized enterprises, was a driving force behind the creation of Reflets de France, a range of French gastronomic products, which has enjoyed ...
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Delhaize Group closes public offering of seven-year bonds
Delhaize Group has closed the public offering of seven-year bonds for a total amount of E400m (£347m). Delhaize Group president and chief executive Pierre-Olivier Beckers said:“This successful bond offering will help us fund the continued implementation of our New Game Plan strategy as well as re-finance existing debt recently acquired ...
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Lidl implements ‘1 now & 1 later’ promotions
Schwarz Group’s discount store chain Lidl in the Netherlands has begun to implement ‘1 Nu & 1 Later’ (‘1 now & 1 later’) promotions. According to the retailer, it plans to reduce food waste at customers’ homes with these special offers. The products promoted in Lidl’s leaflets have a multi-buy ...
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Penny plans revision of store network
Rewe Group-owned discounter Penny has plans to revise its store network in Germany, forecasting the closure of 120 to 140 stores during the next year. According to reports, nearly half of the approximately 2,400 stores are currently in the red. As for the remaining network, Rewe Group reportedly wants to ...
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OpinionHow can we win back customers’ trust?
One of the most striking findings of this year’s Retail Proposition Strength Index, launched by OC&C at the World Retail Congress two weeks ago, was that customers’ trust in retail brands is in sharp decline.
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AnalysisToys R Us focuses on key trends as Christmas looms
Toys R Us has revealed the four top trends that it expects to influence toy sales in the months leading up to Christmas.
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OpinionSubstantial challenge ahead for Waterstone's
One of the most intriguing conundrums in UK retailing is Alexander Mamut’s prospects for reviving Waterstone’s, which he has entrusted to James Daunt, the highly regarded owner of a much smaller, seven-strong, London-centric competitor.
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AnalysisEmerging retailers: Still flying high?
Two years ago, 10 of the top emerging retailers gathered for a Retail Week photo shoot at the top of London’s Gherkin. Today, Charlotte Hardie revisits them to find out how they have fared amid the trials and tribulations of the continued downturn.
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NewsWar of words over Asda own-label market share claims
Supermarket group Sainsbury’s has rejected a claim made by Asda chief executive Andy Clarke at yesterday’s IGD Convention about the pair’s respective own-label market shares.
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NewsAurora launches first multi-brand international website
Clothing retailer Aurora Fashions, the company behind womenswear chains Oasis, Warehouse and Coast, has launched the first of its dedicated international websites in Germany today.
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NewsPoundstretcher makes first profit in six years
Poundstretcher has returned to profit for the first time since 2005 after a restructure and a cost reduction exercise.
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NewsHome Bargains profits soar
TJ Morris, which trades as Home Bargains, has reversed last year’s slowdown in profit growth but said it cannot be complacent in the challenging conditions.