More on Me + Em – Page 2569
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NewsJohn Lewis posts weekly sales rise of 8.2%
Sales at department store chain John Lewis rose 8.2% last week to £52.6m, helped by a strong showing from home lines.
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NewsConsumer confidence falls for fifth month in a row
Consumer confidence worsened for the fifth consecutive month in July, fuelling fears of a return to recession.
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NewsDixons ditches a ‘plethora’ of own-brands to refresh line-up
Electricals retailer wants to simplify its own-brands to focus on ‘good’, ‘better’ and ‘best’ price points
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NewsNew Look director Lex Gemas exits following float delay
New Look chief operating officer Lex Gemas has exited the value fashion chain after little more than a year at the business.
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Retail revealed as the UK’s top creator of jobs
Retailers created more jobs proportionately than any other sector of the economy during the recession, and the trend has continued since the recovery started.
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NewsFrench Connection site ratings strike a chord
French Connection has said that it has reduced returns and improved customer engagement with the launch of ratings and reviews on its website this month.
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TJX to launch Marshalls in Canada
TJX Companies, the TK Maxx owner, is to launch its Marshalls chain in Canada next year with the opening of six stores by spring 2011. The company said that it is not ready to announce the locations of the stores, but the Greater Toronto area is believed to be a ...
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Loblaw Q2 sales up 1.2%
Grocery retailer Loblaw has reported that sales rose 1.2% to C$7.3bn (£4.57bn) for the second quarter to June 19. Like-for-like sales declined 0.3%, marking the third consecutive quarter of negative like-for-like growth. Operating income increased 1.9% to C$330m (£207m) while net earnings declined 8.6% to C$180m (£113m)…
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Rewe explores Bipa launch in Romania
Rewe Group is examining Romania and other central and eastern European markets for the potential launch of its Austrian Bipa drugstore concept. According to a company’s spokesperson, Rewe Group cannot unveil any detailed plans as “they do not yet exist”. Bipa is currently present in Austria, Italy and Croatia.
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X5 seeks approval to acquire Kopeika
X5 Retail Group has applied to the Federal Anti-Monopoly Service to acquire Moscow-based retailer Kopeika and its subsidiaries, the authority has said. X5 Retail Group chief executive Lev Khasis said the application was “a technicality”, necessary for future merger negotiations. Kopeika, which is owned by Uralsib bank head Nikolai Tsvetkov, ...
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NewsRohan revamps format as it eyes store growth
Outdoor clothing retailer Rohan is ramping up its growth plans and launching a revamped format as it aims to expand its customer base.
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NewsIn focus: Ocado
Now that the Ocado IPO dust has settled what, if any, are the lingering problem areas?
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NewsTough times ahead for Ocado, warns broker
It was kerching! for Ocado’s founders as the etailer pulled off its IPO in the face of widespread City scepticism, although the flotation price did not meet original ambitions.
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NewsSports Direct makes strides despite England’s early World Cup exit
Sports Direct lost out on sales and potential profits after being left with excess stock following England’s early exit from the World Cup.
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NewsKingfisher focus on profits over sales welcomed
Kingfisher’s focus on profits over sales growth has been welcomed by analysts following a sales dip.
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NewsTesco ‘set to outperform’ as short-term concerns fade
Tesco shares are poised to outperform over the next year despite underperformance in the year to date, according to broker Bernstein.
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NewsAcquisition helps Halfords tick over
Motor accessories and cycles group Halfords posted a 9.6% group sales rise in its first quarter, reflecting its acquisition of Nationwide Autocentres.
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Peter Higgins leaves chairman role at Cath Kidston
Cath Kidston chairman Peter Higgins is to step down after five years in the position.
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Shoppers bag a bargain on Comet clearance site
Austerity-minded shoppers have flocked to electricals retailer Comet’s clearance website since reserve prices were removed last month.
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NewsSuperdrug plans Christmas ad campaign to win back shoppers
Health and beauty retailer Superdrug is to launch its first TV advertising campaign for 10 years in October, in a bid get customers to rediscover the brand.

















