More on Me + Em – Page 2528
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NewsWhitbread boss joins Kesa board
Whitbread chief executive Alan Parker has joined the board of Anglo-French electricals giant Kesa.
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NewsAmerican Apparel amends loan deal
US chain American Apparel has re-negotiated the terms of a loan agreement with its lender Lion Capital, but will have to significantly boost profitability over the next three years to keep in with the terms of the new deal.
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NewsThe Carlyle Group buys NBTY
Global asset management firm The Carlyle Group has completed its $4bn acquisition of NBTY, which operates the Holland & Barrett chain.
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NewsIkea breaks with history to reveal annual results
Furniture giant Ikea has broken its traditional habit and issued full-year results in acknowledgement of widespread interest in the business.
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NewsConvenience store chains in board room dispute
Convenience chains Costcutter and Nisa Today’s are embroiled in a row after Costcutter chairman Colin Graves resigned from Nisa Today’s board in a dispute over a conflict of interest.
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NewsBRC warns of minimum wage rise impact
The British Retail Consortium (BRC) has warned that the government must limit next year’s National Minimum Wage to help retailers protect jobs.
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NewsJohn Lewis reports 15% weekly sales rise
Sales at department store chain John Lewis rose 15.1% last week to £58.7m.
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NewsPeacocks calls off sale
Fashion retailer Peacocks will not be sold after there was insufficient interest from potential buyers, Retail Week has learned.
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NewsGIVe closes Regent Street store
George Davies’ GIVe brand has exited its Regent Street store a year after it first opened.
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NewsM&S experiments with standalone beauty shop
Marks & Spencer has opened an experimental standalone beauty store in Mumbai with Indian partner Reliance.
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NewsHouse of Fraser hits back at ‘overpriced Biba’ blast
House of Fraser has hit back at claims by Biba founder Barbara Hulanicki that its relaunched Biba range is overpriced. The department store group said it is the customer’s opinion that matters.
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NewsLiberty owner considers buying Jones Bootmaker
Marco Capello, owner and chairman of premium London department store Liberty, has signalled he is interested in adding footwear retailer Jones Bootmaker to build a retail portfolio.
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NewsIn Focus: Grabal Alok (UK)
Grabal Alok (UK) might not mean much to many UK market-watchers, but it is the resting place of two value clothing format pioneers - QS and Bewise - with other names from retail history thrown in for good measure.
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NewsPaperchase profits hit by closure of Borders
Paperchase suffered a slide in profits last year as the closure of bookseller Borders hit the card and stationery retailer’s bottom line.
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NewsAlexon shuffles the pack as it adds to portfolio
Alexon is aiming to expand its store portfolio from 63 to 100 over the next three to five years.
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NewsSluggish growth puts brokers off their food
Food retailers’ shares looked far from scrumptious ahead of Tesco’s interim results next Tuesday and Sainsbury’s second-quarter update a day later.
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NewsHalfords is ‘investment opportunity’
Motor accessories and bikes group Halfords remains on analysts’ buy lists despite the departure of finance director Nick Wharton and anticipation of weakening sales.
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NewsNext joins with Sears to sell clothing online in US
Next is to sell clothing online in the US in partnership with retail giant Sears.
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NewsGame eyes opportunities despite £18.8m loss
Game recorded a worse than expected first-half loss but new chief executive Ian Shepherd said there were “clear opportunities” when the market bounces back.
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NewsJJB takes cautious approach as volatile trading continues
JJB Sports slashed losses in its first half but investors took fright at volatile trading conditions since.