More on Me + Em – Page 2456
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NewsSir Philip Green to take Topshop to Brazil
Arcadia tycoon Sir Philip Green is to take Topshop to Brazil as part of an ambitious overseas expansion programme.
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AnalysisReady, steady... Sale!
Transforming a store for Sale is a race against the clock. So how do retailers ensure it’s as smooth as possible? Liz Morrell spent the night before Christmas at John Lewis to find out
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NewsSainsbury’s to invest in own-brand after record Christmas
Grocer to build on its bumper Christmas after overtaking Asda as second biggest supermarket
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NewsIn Focus: Selfridges vs Harvey Nichols
Retail Week Knowledge Bank recently updated its profiles of upmarket department store groups Selfridges and Harvey Nichols, whose fortunes have differed notably lately.
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NewsShop Direct targets double-digit growth
Home shopping group Shop Direct is gunning for double-digit sales growth this year on the back of new brand launch Isme and expanded product lines across the group.
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NewsBrightHouse sees demand surge but stays cautious
Rent-to-own electricals and furniture retailer BrightHouse has revealed a strong Christmas but cautioned that current trading has been tougher. Like-for-likes increased 9.8% in the 13 weeks to December 31, 2010.
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NewsInvestors still cold on the retail sector
General retailers and grocers were both left on the shelf by investors and the market was flat overall.
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NewsGeneral retailers look a better bet than grocers
General retailers provide a better investment opportunity than food retailers in 2011, Oriel analysts believe.
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NewsDebenhams warns of more price rises to come
Debenhams has flagged a double-digit price increase in outerwear for autumn 2011 and expects prices overall to increase by between 4% and 6% before VAT over the year.
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NewsDunelm down in the dumps while Topps Tiles impresses
Updates from home retailers Dunelm and Topps Tiles painted a contrasting picture of trading conditions in the sector.
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NewsPeacocks delivers full-year profits increase as shoppers trade down
Peacocks Group, the fashion retail group that operates value chain Peacocks and mature womenswear business Bonmarche, said that EBITDA and sales rose across the group last year.
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News
M&Co’s sales weather the big freeze
Value retailer M&Co generated like-for-like growth over the eight weeks to Christmas Eve of 2.7% despite being “significantly” impacted by snow.
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NewsHobbs secures £14m of new investment
Womenswear retailer Hobbs has secured £14m of new investment from its private equity backer 3i and parachuted in turnaround specialist Iain MacRitchie to replace retail veteran Tony Campbell as chairman.
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A third of Woolworths stores still vacant two years after closure
A third of Woolworths’ 800 former stores still lie empty two years after the shutters came down, and experts believe that they are likely to remain vacant because of their locations.
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NewsAsda unloads 39 Netto stores
Asda has sold 39 of the 47 Netto stores it had to dispose of as part of its £778m acquisition of the retailer in summer last year.
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NewsKingfisher chief in employment law reform call
Kingfisher group chief executive Ian Cheshire has called for reform of employment tribunals rules, which could help kick-start the UK jobs market.
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NewsClinton to highlight value following slow Christmas
Clinton Cards is to emphasise its value credentials following a profit warning last week.
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NewsJJB Sports shareholders expect profits to return
JJB Sports’ biggest shareholder expects the troubled retailer will return to the black this year.
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NewsConsumers will still carry on shopping, M&S chief believes
Marks & Spencer chief executive Marc Bolland does not expect consumer demand to fall off a cliff this year, despite an expected squeeze on income and economic uncertainty.
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NewsMorrisons and Co-op eye up Abel & Cole
Food groups Morrisons and the Co-op are expected to be at the forefront of acquisition interest in organic food home delivery specialist Abel & Cole, which is being put up for sale.