More on Me + Em – Page 2877
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NewsAldi joins price wars with raft of 99p products
Aldi has slashed the price of some of its most popular products to just 99p as it wades into the supermarket price wars.
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NewsJessops unveils new-look flagship store
Jessops has unveiled its new-look flagship store on London’s New Oxford Street as part of plans to turn the beleaguered retailer around.
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NewsHalfords to overhaul supply chain as it strives to cut costs
Bicycle and car maintenance specialist Halfords is rethinking its supply chain and distribution centre network in an effort to save costs and drive efficiencies.
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Ideal to improve online offer after £4m loss
TV shopping group Ideal Shopping Direct has said it will focus on improving its online offer after a turbulent year led to a pre-tax loss of £4m.
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Primark sales hit £1bn but harder second half looms
Primark broke the £1bn sales barrier in its first half but has warned of increasing pressure on margins.
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NewsFrench Connection downgraded
Seymour Pierce last week rated French Connection a sell after revising its pre-tax loss forecast for 2009/10 following a company visit.
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NewsTesco outperforms as profits rocket to £3bn
General retail stocks have outperformed the supermarkets lately, but that pattern was reversed this week as Tesco’s full-year results exceeded City expectations.
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Mace to update image as it rolls out fresh look
Symbol group owner Palmer and Harvey is to introduce its new-look store design for its Mace fascia following a trial earlier this year.
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NewsSuperdry to expand as young fashion thrives
Young-fashion retailer Super-group is taking advantage of the recession-proof younger fashion market to race ahead with its expansion plans.
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NewsKingly Court gains new retailers
London shopping destination Kingly Court – off Carnaby Street – has attracted a raft of new retailers.Dress label Darimeya opened its flagship store at the scheme last week and will sit alongside mens- and womenswear brand Carte Blanche, 1950s-inspired fashion and corsetry brand Nikita Sablier, and homewares retailer Supermice.Kingly Court ...
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NewsHawkin’s Bazaar tries outdoor ads
Toy and gift retailer Hawkin’s Bazaar is aiming to increase brand awareness in shopping centres via an outdoor ad campaign that takes advantage of what it claims is a new medium.
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Dollar Tree launches transactional website
Single price point retailer Dollar Tree has launched a transactional website, accessible from its Dollartree.com site. The website is aimed at customers who want to buy in large quantities, and allows users to order cases of products with free shipping if they collect their order from one of the retailer’s ...
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Directors leave board of US Borders
Embattled American bookseller Borders is undergoing more upheaval, with directors Edna Medford and Michael Weiss leaving the board.Five of the remaining eight directors have also announced they are to leave, although they will wait until the retailer has found replacements before they go.Borders plans to hire a search firm to ...
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Australian Woolworths sales climb
Sales at the country’s largest retailer Woolworths climbed 5.9 per cent to Aus$12bn (£5.81bn) in the 13 weeks to April 5.Its Australian Food and Liquor division achieved a 10 per cent hike in sales, with like-for-likes climbing 7.9 per cent. Like-for-likes at its New Zealand Supermarkets arm rose 3 per ...
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Best Denki forecasts profit in current year
Electricals and consumer goods retailer Best Denki has forecast that it will notch up profits of ¥150m (£1m) in the year that began March 1, up from a net loss of ¥3.01bn (£21m).Best Denki blamed weak consumer spending and price deflation for last year’s losses. Sales in the year to ...
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Uniqlo launches online in China
Fashion retailer Uniqlo has launched online in China on website Taobao.com. The site is part of the Alibaba Group, which is 39 per cent owned by Yahoo.Tadashi Yanai, chairman of Fast Retailing – Uniqlo’s parent company – said the strategy will allow Uniqlo access to Taobao’s 100 million registered users.Uniqlo ...
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Tengelmann to relaunch online store Plus
Grocer Tengelmann plans to relaunch its non-food online store Plus later this year, according to reports. The project will extend the online shop’s product range to around 10,000 items by the end of this year.New product ranges will include electronics, DIY and furniture. The site will also feature innovations such ...
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Arcandor to restructure
Arcandor, operator of department store chain Karstadt and home shopping group Primondo, is to restructure its business at a cost of €900m (£800.4m) over the next five years.Karstadt will form part of a new management board-level division called Atrys. Arcandor aims to save 5 per cent of its €7bn (£6.23bn) ...
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NewsNew Look to redevelop website to include multichannel services
New Look plans to launch multichannel services such as click and collect as it aims to increase online sales to 10 per cent of its total revenue in the next three to four years.
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NewsTopman tests formalwear market with £200 suit
Topman is testing the market for higher-end formalwear with a new limited edition £200 suit.