More on Me + Em – Page 2807
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NewsDobbies raises eco-friendly stakes
Garden centre chain Dobbies is to open the UK’s “most eco-friendly garden centre” while parent Tesco plans to open allotments to take advantage of Brits’ passion for growing their own food.
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NewsMarks & Spencer links with Formula 1 team for boys’ range
Marks & Spencer has signed a three-year deal with the Vodafone McLaren Mercedes Formula 1 team to create an exclusive boys apparel range.
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Top property agent to head Apple growth plans
Apple is expected to ramp up its European property strategy by appointing a leading agent to head its growth plans.
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NewsJoules eyes Dubai as it plans overseas stores
Lifestyle and fashion retailer Joules has set its sights on international expansion as its sales continue to soar.
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Book Depository to take on US market
Online retailer The Book Depository has revealed a 50 per cent hike in revenue to £62m in the year to June 30 as it lays out plans to take on the £9bn US book market.
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NewsJJB Sports grilled over stock by Sports Direct at AGM
JJB Sports faced a dramatic showdown at its AGM in Wigan last week when representatives of Sports Direct founder Mike Ashley, who has been embroiled in a loan row with JJB chairman Sir David Jones, turned up to question the board on its stock position.
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NewsKingfisher charms City with Q2 numbers
Kingfisher impressed the City with its pre-close second-quarter update as gains in the UK and Poland helped lift group sales.
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NewsCarphone Warehouse in line to meet expectations
Carphone Warehouse has beaten first-quarter revenue forecasts and said it is on track to meet full-year market expectations.
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NewsBlacks progress hit by profit warning
Struggling outdoor retailer Blacks Leisure has agreed an extension on its working capital facility but “one-off impacts” forced it to issue a profit warning.
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NewsRetail lags market despite City upgrades
The FTSE’s record 11-day rally came to an end on Tuesday and retail underperformed the market as good official sales figures and reassuring trading updates were cancelled out by a bearish view on the sector released by credit rating agency Fitch.
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NewsFindel initiates share placing to tackle debts
Home shopping group Findel has begun an £81m capital raising to help reduce debt and assist it with future growth.
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NewsIrish retailers fearing worst Christmas ever
Irish retailers are braced for their worst Christmas in history as sales continue to be battered by the slump in consumer confidence.
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NewsJaeger to make Hong Kong debut
Fashion retailer Jaeger is extending its international reach with plans for its first Hong Kong opening in September.
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NewsThe Earring Boutique moves ahead with expansion plans as sales rocket
Online jewellery retailer The Earring Boutique is ploughing ahead with its expansion plans after notching up a 50 per cent increase in like-for-like sales in the three months to date.
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NewsStrong sales spur on QS growth push for Store 21
Value-fashion retailer QS is on the expansion trail after a period of strong sales growth.
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Vente-privee enjoys a sales increase
Private sales website Vente-privee has enjoyed a sales increase of 40 per cent in the first half of this year. Sales rocketed to £290m for the period as shoppers took advantage of goods with more than 70 per cent off normal retail price.The Paris-based retailer, which launched a UK site ...
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Metro considers alternatives to merger
Metro is considering alternatives to formally merging its Kaufhof department store chain with Karstadt, the department store retailer owned by insolvent group Arcandor.Metro is examining the possibility of renting selected properties directly from owners once Karstadt goes into bankruptcy. A Metro spokesman said the retailer was interested in acquiring the ...
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Eldorado’s like-for-like sales slump
Electricals retailer Eldorado’s like-for-like sales slumped 21.7 per cent in the first half of this year.Total sales plummeted 29.4 per cent to RUB39.6bn (£782.1m), compared with the same period last year. The retailer revealed it grew EBITDA to RUB2.7bn (£53.3m) compared with a loss of RUB1.9bn (£37.5m) last year.Eldorado operates ...
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Lotte Group to enter Vietnam retail market
South Korean retailer Lotte Group will enter the Vietnam retail market with the opening of a department store in Hanoi in 2013.The group’s fourth international store will be opened by its Lotte Department Store subsidiary, at the 65-storey Hanoi City Complex. The retailer will invest KRW350bn (£171, 375) in the ...
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Loblaw to acquire T&T Supermarket
Grocer Loblaw is to acquire Canada’s largest Asian food retailer, T&T Supermarket, comprising 17 stores and four distribution centres.The retailer will add about C$500m (£280.1m) in sales to Loblaw’s business, which is paying C$225m (£126m) for the deal, which is expected to complete before the year end.Like-for-likes at Loblaw rose ...