More on Me + Em – Page 2791
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NewsStrong online sales growth in July
Online sales were helped by strong fashion sales and wet weather in July with customers spending £4.2bn, an increase of 16.8% on last year.
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NewsFocus wins backing for CVA
The future of embattled DIY group Focus has been secured after creditors today supported a proposal for a company voluntary arrangement (CVA).
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NewsConsumer loyalty to own-brand products here to stay
The growth in sales of retailers’ own-brand products is likely to slow although the shift in loyalty away from branded lines is permanent, according to retail consultancy Verdict Research.
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OpinionRubbish service means a rubbish store
Everybody knows that good store design is really only a starting point. If a walk through the doors means entering a slapdash operational environment where stock, staff and service all militate against getting what you want or need, then the design effort has been utterly wasted.
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NewsDebenhams asks for improved supplier terms
Department store group Debenhams wrote to some of its suppliers last month, demanding that they meet its “minimum standard payment terms” by August 4.
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NewsTesco sets up ‘weather team’
Tesco has set up its own weather team to help it stock the right products for the changeable British weather.
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NewsRetailers join line-up for London High Street Fashion Week
The New West End Company has revealed its line-up and events for High Street Fashion Week which will take place on London’s Oxford Street next month.
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NewsGovernment amends credit insurance top-up scheme again
The Government has cut the price of its credit insurance top-up scheme and doubled the amount it is prepared to underwrite.
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OpinionTiring Tesco still leads the supermarket race
Once attacked for being all-powerful, Tesco is now being criticised for apparently relaxing its vice-like grip on the retail market.
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NewsComet to sponsor Who Wants To Be A Millionaire
Comet has signed its first big TV sponsorship deal with ITV quiz show Who Wants To Be A Millionaire.
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NewsAsos bolsters board
Asos has appointed the chief executive of internet service provider Tiscali to its board.
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NewsHolland & Barrett takeover approved
Health food specialist Holland & Barrett’s takeover of Julian Graves does not substantially reduce competition in the food and ingredients sector, the Competition Commission has found.
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NewsJohn Lewis fashion holds out amid sales dip
John Lewis sales fell 1.4% in the week to August 15 with fashion showing resilience despite the good weather keeping shoppers out of the stores for a large part of the week.While fashion remained flat, the decline in sales of beds, bedroom furniture and white goods showed signs of slowing.The ...
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NewsTesco wages war on WHSmith with back to school campaign
Tesco aims to conquer the ‘back to school’ market with a price comparison campaign against WHSmith.
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NewsAlexon’s new look for plus-size brand Ann Harvey
Womenswear group Alexon is to relaunch its Ann Harvey brand as it seeks to widen its appeal and target a younger market.
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NewsAsda cites low prices and quality as key to success across markets
Asda has claimed its food, home and leisure and George clothing departments are all outperforming their respective markets.
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NewsThomas Pink to trial women’s only store formats
Shirt retailer Thomas Pink is to trial a new women’s only store format at its Harrods concession and in its Jermyn Street outlet. Designed by San Francisco-based design consultancy Brand & Allen, the new look will launch in Jermyn Street next month and is based around a boudoir design.
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Tengelman posts sales up 3%
Family-owned international retail group Tengelmann posted European sales of €12.36bn (£9.86bn) in its 2008 financial year.Kaiser’s Tengelmann - the supermarket division under strategic review - reported a 3% sales increase on a comparable basis, partly thanks to the ongoing store renovation scheme that will revamp 200 out of about 700 ...
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US fashion retailers struggle in second quarter
A number of clothing retailers have reported negative results in their second quarters, with only Urban Outfitters posting positive sales up against last year.Abercrombie & Fitch made a net loss of $26.7m (£16.3m) against a profit of $77.8m (£47.6m) during the same quarter last year, with total sales plummeting 23% ...
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Blockbuster Q2 revenues fall nearly 22%
Blockbuster has posted lower than expected quarterly revenues and same-store sales, blaming stiff competition for its performance.The DVD rental chain made a net loss for the second quarter that narrowed to $39.7m (£24.3m) from a net loss of $44.7m (£27.3m). Revenue fell nearly 22% to $1.02bn (£623.9m). Chief executive James ...