More on Me + Em – Page 2873
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NewsDebenhams to cut down concession space
Debenhams will reduce its concession space by 450,000 sq ft as sales from own-bought ranges drive performance.
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NewsWHSmith considers increasing presence in overseas airports
WHSmith is contemplating further overseas expansion of its travel business by opening in more foreign airports.
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Irish government considers rent legislation to protect retail sector
Ireland’s Justice Minister Dermot Ahern has threatened to legislate against upwards-only rent reviews unless landlords take a “flexible and pragmatic approach” to helping retailers through the recession as the country suffers its worst retail sales slump for 25 years.
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NewsGrocers still in line for non-food growth
Supermarkets’ non-food sales growth has slackened but the grocers are still well positioned to steal share from traditional general merchandise rivals, according to a Mintel report.
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NewsCarphone Warehouse seeks talent to prepare for Best Buy debut
Carphone Warehouse is to strengthen its sourcing and product development teams as it gears up for the debut of Best Buy next year.
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NewsCarpetright increases ad spend as it focuses on TV to halt sales slide
Carpetright will up its ad spend 15 per cent and alter its marketing strategy as sales fall in the tough big-ticket furniture sector.
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NewsUSC launches social networking site to engage with customers
The 40-store fashion chain USC has launched a social networking site and will air its first TV ad as it seeks to attract and engage more customers.
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Coast follows in Karen Millen’s Russian footsteps
Aurora-owned fashion retailer Coast is to debut in Russia this autumn with a store in Moscow, and roll out to other Russian cities if successful.
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Game prepared to enter streaming games arena
Entertainment retailer Game would consider moving into streaming digital games if the offer from US operator Onlive takes off.
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US retail ‘undertaker’ sets up shop in UK
US-based retail restructuring and liquidation giant GA Asset Advisors has arrived in the UK in expectation of continued turmoil in the stores sector.
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NewsCelebrities back TK Maxx over Piccadilly Circus store
Publicist Max Clifford has enlisted the backing of celebrities such as girl band The Saturdays in an attempt to persuade the Crown Estate to allow designer discount chain TK Maxx to open a shop on London’s Piccadilly Circus.
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NewsM&S reduces multichannel shopping options
Marks & Spencer has terminated its in-store ordering and collection service and is instead asking shoppers to order goods online or over the phone for home delivery.
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NewsArgos gears up for July launch of Chad Valley
Argos will launch Chad Valley, the toy brand bought from Woolworths’ administrators, this July and will consider similar opportunistic acquisitions to bolster its range.
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Refinancing package for Escada
Luxury fashion group Escada has arranged a E30m (£27m) refinancing package to help secure its survival. The company said it needed to raise the capital to cover liquidity demands and described the initiative as “urgent and unavoidable”.As well as raising funds, Escada plans to cut its debt and replace a ...
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Asos to develop ‘best of British’ fashion range
Fashion e-tailer Asos is to focus on British-designed products for its next season, after the group reported this week that sales had more than doubled in the year to March 31.
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AnalysisShopfitting market adapts to downturn
Store revamp budgets have gone the same way as the economy – down. John Ryan asks how the shopfitting market is adapting
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AnalysisBrightHouse: Getting the House in order
Simon Mouncer’s job at BrightHouse is to help ease the retailer’s growing pains as it continues with its ambitious expansion plans. He talksto Joanna Perry about what this involves
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AnalysisRetail finance directors: More than just number crunchers
No longer just bean counters in ivory towers, the role of the finance chief has evolved, and those who can marry the maths with commercial nous are in high demand.
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AnalysisKate Swann
She may have a formidable reputation, but there’s no doubting Kate Swann’s success in reshaping WHSmith
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GalleryStore of the week: Chez Jean, Paris
Chez Jean is a convenience store, a cafe, a top-up shop or maybe even an emergency dinner ingredients shop.