More on Me + Em – Page 2663
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OpinionCould Richemont net a winner?
No wonder Richemont is targeting a larger slice of Net-a-Porter — it has been one of the best etail growth stories in a market where its founder Natalie Massenet once faced naysayers who believed luxury fashion would never work online.
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NewsB&Q ramps up its green credentials
B&Q will launch its first eco shop-in-shops at two of its biggest stores tomorrow (Friday).
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NewsCo-op reports bumper profits, lifted by Somerfield acquisition
The Co-operative Group has reported underlying operating profits up 20% to £473m, buoyed by its acquisition of Somerfield.
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NewsPolice launch race probe into Walmart store announcement
Police have launched a race hate investigation after the broadcast of an announcement in a Walmart store ordering black people to get out.
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Opinion
A lesson in Anthropologie
Writing from Virgin Trains’ woeful standard class on my way to Retail Week’s conference on the future of the high street in Birmingham.
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NewsPrivate equity firms confirm interest in DFS
Two private equity firms have reaffirmed their interest in buying sofa retailer DFS and a third is expected to do so, despite doubt about whether a sale will be concluded.
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NewsOcado to float after general election
Home shopping group Ocado has signalled its intention to launch an IPO after the general election.
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NewsEthel Austin closes a further 81 stores after failing to secure buyer
MCR, the administrators of Ethel Austin, will close a further 81 stores after failing to secure a buyer for the value chain.
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NewsBritish Bookshops on course for profitability after sale
Private equity firm Endless has sold British Bookshops & Stationers to its management for an undisclosed sum, it has emerged.
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NewsEnvy sold to private equity consortium
Young fashion chain Envy Retail has been sold to a consortium of private equity investors including the boss of SKG Capital, Chris Althorp-Gormlay.
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NewsBarclaycard Freedom reward scheme launches
Barclaycard’s reward scheme, Barclaycard Freedom, has launched this morning with cardholders able to earn reward money when using their credit card to buy goods and services in participating outlets.
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NewsPhase Eight receives bid approaches
Womenswear chain Phase Eight is understood to have received a number of bid approaches.
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NewsBlockbuster may put up stores as collateral to ensure DVD supplies
Troubled DVD rental group Blockbuster may have to put up Canadian stores as collateral after failing to secure bank credit for stock.
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NewsInditex full year profits grow 5%
Inditex net profits grew 5% in its full year to January 31 with total sales across the Spanish fashion group up 7% to €11bn (£9.95bn).
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Opinion
Off your Marks
Back from the slopes now, fortunately in one piece, and it seems like there’s been a lot going on. Terry Green’s departure from Tesco was always inevitable, but he held on there for longer than I and many others expected. He’s rubbed plenty of people up the wrong way down the years, but I rather like him - retail needs its larger than life characters and he’s certainly one of them.
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Analysis
Are you getting the best from your payment acquiring partner?
In order to be a leader in today’s competitive market, it is essential to respond to all market challenges - and opportunities - with speed. The payments environment is ever changing, and you need to find new ways to respond to your customers, reduce your costs and outpace your competition. By choosing Chase Paymentech Europe Limited as your payment acquiring partner, you are safe in the knowledge that you will always be one step ahead of your competitors.
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OpinionUnlikely bedfellows
The property debate at the Retail Week Conference revealed that landlords and retailers actually have a greater level of common interest than might first be thought.
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News
Former La Senza boss to launch Hed Kandi stores
Former La Senza chief Rose Foster is working with nightclub group the Ministry of Sound to open clothing stores under its Hed Kandi brand.
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NewsDebenhams gains market share as sales rise
Debenhams said that like-for-like sales at the department store were on an improving trend and that it has gained market share from rivals.
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NewsPark Group to launch pre-paid cards
Christmas hamper company Park Group is launching a range of pre-paid cards to for its customers that will redeemable at major high street chains.