More on Me + Em – Page 2706
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OpinionMaking the most of what you’ve got
Slick marketing and bigging up simple things makes US shopping a very different proposition from the UK. John Ryan reports from the NRF conference in New York.
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NewsProfitability slips for top 250 global retailers
The largest retailers in the world have managed to increase their sales through the recession, but profitability has suffered, research from Deloitte Touche Tohmatsu has revealed.
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NewsJacques Vert pre-tax profits double but warns of difficult trading for remainder of year
Fashion retailer Jacques Vert has reported pre-tax profits more than doubled for the 26 weeks to October 24, but warned of challenges for the remainder of the year.
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NewsPoundland festive like-for-likes up 4.4%
Poundland has reported shoppers’ continued flight to value over Christmas with like-for-like sales from the five weeks to January 3 up 4.4%.
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NewsOcado fits winter tyres to delivery fleet
Ocado is to fit its delivery van fleet with special winter tyres for the remainder of the season to tackle the adverse weather conditions.
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NewsStrong Christmas brings cheer to House of Fraser
House of Fraser said like-for-like sales over the eight weeks to January 2 rose 7.1%.
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NewsCo-op reports Christmas like-for-likes up 5%
The Co-operative Group has reported a strong Christmas, with like-for-like sales up 5% including VAT and excluding fuel in the three weeks to January 2.
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NewsPeacocks celebrates ‘cracking’ Christmas
Value fashion group Peacocks reported “cracking” Christmas trading, boosted by the success of Pearl Lowe for Peacocks dresses.
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NewsBlacks Leisure mulls equity issue as sales start to improve
Blacks Leisure is considering an equity fundraising of between £15m and £20m as sales in its second half began to improve on the back of its restructuring.
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NewsBrightHouse enjoys strong festive sales
Rent-to-own electricals and furniture retailer BrightHouse has reported a strong Christmas with like-for-like sales up 9% in the 13 weeks to December 24.
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NewsValue clothing chain Happit in administration
Scottish value chain Happit has hit the buffers this week after poor trading conditions impacted sales.
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NewsD2 bought back by its management team
D2 has been bought out of administration by its management team, saving 500 jobs.
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NewsSpar festive total sales jump 10.3%
Convenience store chain Spar has reported total sales from December 14 to date up 10.3%.
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NewsLenders to take control of Jane Norman
Women’s fashion retailer Jane Norman’s lenders are to take over the business and restructure its debts of almost £136m.
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NewsClinton Cards posts 3.5% like-for-like rise over Christmas
Clinton Cards has paid back debt early after generating sales growth over Christmas.
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NewsInnovative product drives strong Christmas for Ted Baker
Fashion group Ted Baker has posted a 19.1% increase in retail sales over Christmas and attributed the performance to its innovative product.
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Retail stocks outshine harsh 2009 climate
Cautious comments on the trading outlook from Marks & Spencer and Next as they delivered their Christmas updates brought stores’ share prices down this week, but year-on-year figures show what a strong 12 months retail stocks have had.
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Metro pulls out of deal with Privileg
Metro Group-owned consumer electronics superstore operator Media-Saturn is understood to have pulled out of a deal to acquire the Privileg household goods private label.The label - the German market leader in washing machines, tumble dryers and kitchen stoves - was bought by the Otto mail order group from Arcandor in ...
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Seventh Continent sales soar
Grocer Seventh Continent posted net sales soared 22.5% to RUB39.9bn (£792m) in 2008, according to documents prepared in accordance with International Financial Reporting Standards (IFRS).Growth was driven by the expansion of the company’s store base. Like-for-like sales climbed 10.4%.
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X5 Retail and Perfumes Planet Switzerland in joint venture
X5 Retail, Russia’s largest retailer in terms of sales, and Perfumes Planet Switzerland, have set up a joint venture.The two companies will develop perfume selling points adjacent to X5’s food retail stores in Moscow, St Petersburg, Nizhny Novgorod and respective regions.PPS and X5 will own 80% and 20% of the ...