More on Me + Em – Page 2932
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News
WHSmith maintains margins in challenging trading conditions
WHSmith's like-for-like sales fell 5 per cent in the 20 weeks to January 17 but it has continued to maintain strong gross margins across the business.
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News
Stylo's future uncertain as it suspends shares
Shares in shoe retailer Stylo have been suspended as it explores options for the future of the business.
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News
Sofa Workshop sinks into administration
Sofa Workshop has plunged into administration, after last-ditch attempts to save the business failed.
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News
Spar prepares to launch Eurospar stores in Britain
Symbol group Spar is to bring its Eurospar format to mainland Britain after buying 11 Somerfield stores from the Co-op.
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Opinion
Morrisons takes the crown
Morrisons outperformed the industry over the Christmas period, but as we officially enter a recession, can it stay on top this year and continue to beat Tesco, Sainsbury's and Asda?
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News
UK in recession as ONS reports December retail sales value fall
The UK plunged into recession for the first time since the early 1990s, official figures confirmed this morning.
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News
Threshers confirms store sell-offs
First Quench Retailing – owner of Threshers, Wine Rack and The Local – has confirmed it is in negotiations with landlords to sell off unprofitable stores.
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News
John Lewis weekly sales up 4 per cent
Department store group John Lewis has continued its strong start to the year with weekly sales up 4 per cent.
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News
Debenhams appoints refinancing adviser
Debenhams has appointed financial adviser Lazard to look at options to revise the department store’s capital structure.
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News
Stylo's margins dented by downturn
Shoe retailer Stylo revealed margins continue to be affected by the downturn and the outlook for the company remains challenging.
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NewsRiver Island founder Bernard Lewis: Don't rely on government to get retail through this downturn
Bernard Lewis, founder of River Island and one of the most revered names in British fashion, has lent his weight to Retail Week’s Backing UK Retail campaign and blasted the Government for not understanding the industry.
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News
Argos changes tack on prices
Catalogue store group Argos has jettisoned a long-standing element of its price promotion strategy and introduced a new marketing strapline to emphasise its value credentials.
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News
Troubled retailers close more than two in five shops
Financially troubled retailers have been closing more than two in five stores as the economic gloom on the high street deepens.
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Analysis
QVC's Steve Hofmann: With the programme
QVC has an unusually loyal shopper base. Boss Steve Hofmann tells Lisa Berwin why that will make it a force to be reckoned with in 2009 and why home shopping is no poor relation to the high street.
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News
Insurance rescue plan falls short, claims BRC
Government plans to shore up businesses hit by the withdrawal of credit insurance cover should go further, say retailers.
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Analysis
Bernard Lewis: River runs through him
In 61 years, River Island founder Bernard Lewis has seen retail go through it all. He talks to Lisa Berwin about success, surviving the downturn and why he’s backing UK retail
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News
Fortnum & Mason eyes shop-in-shop empire in Japan
Iconic department store Fortnum & Mason is to expand its operations in Japan in a tie-up with local department store group Isetan.
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News
Next carves out shop space for Lipsy brand
Next is to carve out space in its Manchester store to open a shop-in-shop for its recently acquired young-fashion brand Lipsy.
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Opinion
VAT cut is not optional
It’s been a good week to bury bad news. So retailers ought to be grateful that on the day Barack Obama was inaugurated, a curious statistic was tucked away at the back of the ONS’s inflation report.
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Analysis
Tesco: Knock on wood
Updated with video interview: Tesco has finally accomplished its goal of an eco-store blueprint that is innovative and green but cost-effective too. John Ryan visited the shop in Manchester’s Cheetham Hill on opening day