More on Me + Em – Page 2404
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NewsBurberry to boost brand with ‘statement stores’
High-profile London stores designed to dazzle shoppers and mark British heritage.
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News‘Minimal closures’ in Gap’s UK portfolio
Gap has said its international arm, which includes the UK, will continue to be a key driver of the fashion giant’s growth despite a handful of store closures.
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NewsCity awaits ‘key update’ from Asos
Etailer Asos’s next update, covering the fourth quarter and expected to be issued in mid-April, will be eagerly devoured by investors.
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NewsFormer Tesco director joins Ocado to head non-food
Ocado has poached a Tesco director to lead its new general merchandise team as it drives to diversify its offer.
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NewsHigher income shoppers will keep spending
Marks & Spencer, Kingfisher and Dixons will benefit this year from their older, higher income customer bases, according to broker Espirito Santo.
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NewsIn Focus: Cath Kidston
Cath Kidston is the fastest growing retailer Retail Week Knowledge Bank (RWKB) has recently encountered.
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NewsStore share prices hold up as updates begin
Food giant Sainsbury’s was among a raft of big names to report over the week, when general retailers held their own against the market.
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NewsJJB granted second shot at survival after CVA agreed
JJB Sports has been given the green light for a company voluntary arrangement (CVA) by creditors and shareholders in order to stave off administration.
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NewsGeorge at Asda promotes careers in fashion with education drive
George at Asda has thrown its weight behind the training and education of fashion students with the launch of an open-house Education Day and a fully funded university programme.
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NewsMothercare to make play for South America
Mother and baby specialist Mothercare aims to expand into South America as it ramps up its international operations.
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NewsSCS set to forge ahead with new stores despite trading slowdown
Sofa retailer SCS is pushing ahead with store expansion plans despite a slowdown in trading last month.
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NewsSainsbury’s King warns slump in consumer confidence will persist
Sainsbury’s chief executive Justin King has signalled that consumer sentiment has collapsed since the beginning of the year and shows no signs of improvement.
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NewsRetailers weigh up impact of Channel Islands VAT changes
Chancellor hopes tackling Low Value Consignment Relief will help struggling entertainment stores
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NewsTesco's price checker backfires
Tesco has been forced to issue of flood of refunds after its efforts to go head-to-head with Asda’s price guarantee have backfired.
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Hornbach Holding net sales grow 5.7% to £2.6bn
DIY operator Hornbach Holding has revealed net sales growth of 5.7% to E3.02bn (£2.6bn) for the financial year ended February 28.DIY store division Hornbach-Baumarkt-AG achieved growth of 5.6% year on year. Builders material wholesale division Hornbach Baustoff Union increased its net sales by 8.4% to a still marginal E180m (£158m).
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Ahold has opened its first Albert Heijn store in Belgium
Ahold has opened its first Albert Heijn store in Belgium. Among the 12,000 products sold 1,500 are Flemish, including a wide range of Belgian beers and chocolates. All items are offered at the same prices as at Albert Heijn in the Netherlands.At the store, which covers floor space of 13,450 ...
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Cencosud sales up 16.1% to £7.3bn
Cencosud has posted a 16.1% increase in net sales to CLP6.19 trillion (£7.3bn) for 2010, while operating profit reached CLP306.5bn (£364m), as domestic demand recovered from the global financial crisis.Cencosud’s Chilean operations account for 46% of annual revenue, while the remainder comes from its four other South American operations.
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Netflix to link accounts with Facebook
Netflix has reportedly begun asking users to link their Netflix accounts with Facebook in order to share information about what films they are watching with friends and family.Netflix has been rolling out versions of the new Facebook integration to test users over the past few weeks. Facebook is increasingly being ...
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Williams-Sonoma Q4 net revenues up 9.7% to £740m
Home furnishings retailer Williams-Sonoma has reported net revenues in its fourth quarter increased 9.7% to $1.2bn (£740m), including internet net revenue growth of 27.2% and a like-for-like sales increase of 5.2%.At the company’s mail order unit, Direct-to-customer (DTC), net revenues increased 17.3% to $466m (£287m), primarily driven by the Pottery ...
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Dissident Publix shareholders launch campaign to replace grocer's board
A group of dissident Publix shareholders has launched a campaign to elect its own slate of nine directors to replace the existing grocer’s board, which is made up of five heirs and relatives of the chain’s founder, George Jenkins. The group is also pushing for the retailer to launch an ...