More on Me + Em – Page 2290
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NewsDunelm profits up 9%
Dunelm has reported pre-tax profit up 9% to £83.6m in its full year results despite the challenging consumer backdrop.
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NewsBargain hunters hit Boden profitability
Boden chief executive Julian Granville has warned that its customers are being “squeezed”, proving that the middle classes are not immune to the tough climate.
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NewsPriority for Olympic traffic to cause distribution headache for retailers
Retailers this week warned that transport disruption during next year’s Olympics and Paralympics could leave store shelves empty.
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NewsWaitrose confident for Christmas despite fall in first-half profits
Waitrose managing director Mark Price has promised to be the best performing grocer once again this Christmas and to steal further market share.
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NewsComet deal uncertain as like-for-likes nosedive
Electricals retailer Comet suffered a 22.1% like-for-like sales plunge in its second quarter after suffering a double-whammy of harsh trading conditions and tough comparatives.
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News
DIY retailer Leroy Merlin to enter Romanian market
French DIY retailer Leroy Merlin is set to enter the Romanian market with the opening of a 183,000 sq ft store in Bucharest this month.The company has reportedly invested e6m (£5.1m) in the store, which will employ 250 staff and be managed by a team of French and Romanian staff.Leroy ...
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Gap opens first franchised Banana Republic store in Russia
Clothing retailer Gap has opened its first franchised Banana Republic store in Russia, in AfiMall City, Moscow.Gap began offering its Gap and Banana Republic products online to Russian consumers through its international online shipping provider in 2010.Fiba Holding will manage the store under Gap’s existing franchise agreement.
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Fast Retailing plans Asian expansion
Fast Retailing plans to open more than 100 Uniqlo stores in Asian countries outside of Japan in the year ending August 2012. This would represent twice as many openings than in the previous fiscal year. The retailer operates approximately 160 Uniqlo stores in the region, mainly in China and South ...
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NewsBrenda thanked for giving rioters the brush-off
We’re delighted to report that Debenhams has managed to track down Brenda, the self-effacing pensioner who ‘delooted’ its Clapham store and helped clean up after last month’s rioting.
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AnalysisZara aims to use the web to crack the US market
Last week, Inditex, the world’s leading clothing specialist, launched a transactional website for its Zara chain in the US.
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NewsAvon appoints new boss for UK and Ireland
Beauty specialist Avon has appointed a new boss for its UK and Republic of Ireland business.
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NewsSainsbury's launches new strapline 'Live Well For Less'
Sainsbury’s is promising customers they can ‘Live Well For Less’ after unveiling the phrase as its new strapline.
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OpinionNewness is the talk of New York
Goldman Sachs’ 18th Annual Global Retailing Conference in New York last week was held against a sombre backdrop of US economic indicators: consumer confidence lowering to near recession levels; disposable incomes and unemployment both stagnating; and a stock market in decline for the fourth consecutive month.
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Albert Heijn launches mobile payment pilot
Albert Heijn has launched a mobile payment pilot in co-operation with Rabobank at its AH To Go outlet in the World Trade Centre, Amsterdam.Payments are triggered by scanning a barcode from a decal attached to the shopper’s phone. The system is based on Rabobank’s mobile wallet MiniTix. Customers who want ...
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Carrefour announces plans to operate 46 drive-in stores
Grocery giant Carrefour has announced plans to operate 46 drive-in stores in France by the end of the year, following the opening of its second drive-in store last week.Customers order their groceries online, then drive to the stores and collect the items, which have all been packed beforehand.The retailer announced ...
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Opinion
Best Buy's new mobile site
Electricals giant Best Buy has invested in mcommerce and launched a fully transactional mobile optimised site.
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NewsLloyds extends American Golf sale deadline
Lloyds Development Capital (LDC) is understood to have extended the timeframe for the sale of American Golf as interest from an unknown American trade buyer emerges.
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NewsJohn Lewis posts sharp drop in operating profit amid highly competitive environment
John Lewis has posted a sharp drop in operating profit in its first half as it matched the scale of discounting on the high street with its ‘Never Knowingly Undersold’ commitment and invested in the business.
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NewsNext signals end of price inflation as profits rise
Fashion giant Next has reported a 8.5% rise in first-half profits and signalled an end to price inflation.
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