More on Me + Em – Page 2802
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News‘Staycations’ boost John Lewis sales
John Lewis has reported a 5.6% rise in sales in the week ending August 1, crediting increased footfall, the weather and the trend towards ‘staycations’.
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NewsRetailers to gain if recovery of pound sustained
Retailers are poised to reap earnings and margin gains if the recovery of the pound is sustained and relieves pressure on buying costs.
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NewsBest Buy bolsters UK team with ex-Kingfisher man Kevin Styles
Electricals giant Best Buy has strengthened its UK team as it prepares to take on DSGi and Kesa when it launches here next year.
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NewsTesco insurance hiring signals finance drive
Tesco has hired former Royal & Sun Alliance director Julie Hopes as commercial director, general insurance, as it continues to ramp up its Tesco Personal Finance division.
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NewsSuperdrug to focus on beauty as it posts loss
Superdrug is confident it can increase its beauty market share despite suffering a pre-tax loss of £7.4m in the year to December 2008.
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NewsOKA cuts back on trading hours
Upmarket furniture retailer OKA has taken the decision to shut two thirds of its shops on Mondays to cut costs.
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NewsCarpetright shifts ads away from price focus
Carpetright has overhauled its marketing to focus on “emotional engagement” rather than just price as the retailer achieved its first like-for-like sales growth since the fourth quarter of 2007/08.
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NewsDisney Stores upbeat after return to profit
Disney Stores has bounced back into the black, recording a pre-tax profit of £2.8m in the year to September 27, 2008, after posting a loss of £6.6m the previous year.
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NewsCrabtree & Evelyn to focus on heritage
Natural beauty retailer Crabtree & Evelyn has restructured its management and will be led from London rather than the US as it refocuses the brand around its English heritage.
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NewsFreemans Grattan relaunches website
Home shopping group Freemans Grattan will this month relaunch its Kaleidoscope homewares and fashion website to deliver an improved customer experience.
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NewsFocus CVA plan to offload ‘dark’ stores receives positive reaction
Focus DIY’s proposed company voluntary arrangement (CVA) will be well received by creditors, according to analysts and landlords.
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NewsWickes improvement gives City hope for upturn in DIY
Good weather and a hike in online sales helped Wickes limit its like-for-like sales fall to 2.4 per cent in the six months to June 30.
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NewsTopps Tiles like-for-like sales decline slows
Topps Tiles’ like-for-likes fell 10.9 per cent in the 18 weeks to August 1 as declining consumer confidence continued to knock the retailer.
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NewsEfficiencies and pricing drive Flying Brands profit
Cost efficiencies have begun to improve profitability at multichannel retailer Flying Brands.
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Forecast cut for ‘overvalued’ Alexon
Seymour Pierce has slashed its full-year profit forecast for Alexon – owner of fashion businesses including Ann Harvey, Kaliko and Eastex – from break-even to a loss of £5m.
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NewsGreen shoots and toxic waste
Two years into the credit crunch, hopes are rising that an end to hard times could be on the horizon.
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NewsRetailers run on as updates hold promise
Investors once again went on a trolley dash for store stocks, helping general retailers outperform the market.
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NewsThe Entertainer ramps up digital marketing
Toy specialist The Entertainer is to extend its digital advertising efforts in anticipation of a bumper Christmas online.
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NewsRough Trade website to match in-store offer
Iconic independent music retailer Rough Trade will relaunch its website in September to synchronise its online operations with what it does in stores.
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Staples International president to leave the business
Staples International president Peter Ventress is to leave the business for a chief executive position at an as-yet unnamed UK-based public company.Staples president and chief operating officer Mike Miles will assume Ventress’ responsibilities from September 1, making Miles responsible for all of Staples’ international businesses.Chairman and chief executive Ron Sargent ...