More on Me + Em – Page 2588
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NewsDFS owner to buy out Lord Kirkham’s remaining interest in the business
DFS owner Advent International is working towards a refinancing deal that would buy out the last remaining debt interests of its founder Lord Kirkham.
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NewsOcado to publish prospectus and start roadshow
Ocado is poised to publish its prospectus tomorrow and press ahead with a valuation of £900m-£1bn for its IPO.
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OpinionThe best may still be to come
2010 has been characterised by more retail refurbs than usual - in spite of prevailing uncertainty
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NewsTravis Perkins said it is making market share gains
DIY giant Travis Perkins’ retail division has reported like-for-like sales have declined 0.4% in the 26 weeks to June 30 but total sales have increased 2.1%.
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NewsTesco survives shareholder rebellion
Tesco faced rebellion over the pay and bonus packages it allocates to directors at its annual general meeting today with over 37% voting against the approval of the grocer’s remuneration report.
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NewsHollister US flagship infested with bedbugs
Hollister’s flagship store in New York has fallen victim to an infestation of bedbugs, leading to its closure on Wednesday.
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NewsJohn Lewis appoints operations director
John Lewis has appointed Dino Rocos as operations director, with responsibility for distribution and merchandising.
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News
Shoppers spent £250bn online over last 10 years
Consumers spent £250bn shopping online over the last 10 years and the market will double in the next decade.
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NewsJohn Lewis records 13.3% weekly sales rise
Department store chain John Lewis generated a sales uplift of 13.3% last week “despite many distractions”.
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NewsOcado will make no money until 2014, adviser says
Online grocer Ocado will not make a profit until 2014, one of the banks advising it on an IPO has revealed.
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NewsPets at Home profits soar
Retailer achieves recession-busting performance and downplays VAT threat as it plans 150 more stores
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NewsIn focus: Sainsbury’s
Retail Week Knowledge Bank’s recent Sainsbury’s profile update highlights this issue for a business that has arguably been buying sales growth and market share at the expense of fully restoring operating margins
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News
Michael Kors closes in on Regent Street store
US upmarket shoes and accessories retailer Michael Kors is to open its second UK store on Regent Street in the shop formerly occupied by opticians Dollond & Aitchison.
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NewsEBay to include barcode scanner in iPhone apps
EBay is planning to integrate barcode scanning technology into all of its iPhone apps, following the acquisition of barcode technology company RedLaser last week.
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NewsDouble-dip recession fears spook the City
Renewed fears of a double-dip recession following austerity measures put the frighteners on the market on Tuesday, when every FTSE 100 stock fell.
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NewsJacques Vert to pay first dividend in 15 years
Womenswear retailer Jacques Vert will pay a dividend for the first time in 15 years following a swing to profit last year.
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NewsCarpetright eyes sales boost ahead of January VAT rise
Carpetright expects a sales fillip this autumn as consumers buy ahead of January’s VAT rise, and has posted an increase in preliminary profits.
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NewsNew Liberty owner outlines plans for fewer brands with greater depth
Marco Capello, the new owner and chairman of Liberty, has outlined plans to scale back the department store’s brands to focus on increasing its depth of offer.
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NewsTheo Fennell set to shine again after cutting losses
Upmarket jeweller Theo Fennell is on track to return to profit next year following a restructure, the return of its eponymous founder and plans to launch an affordable range.
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NewsBeales on a roll as profits leap 67%
Department store group Beales is poised to roll out men’s young fashion departments into all stores and make further acquisitions following a leap in pre-tax profits.