More on Me + Em – Page 3117
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Grand Arcade opens with a last-minute rush of recruits
Grosvenor’s Grand Arcade centre in Cambridge opened its doors yesterday, with a string of tenants joining at the last minute including Swedish children’s clothing retailer Polarn O Pyret, Laura Ashley and art retailer Castle Galleries.
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Retail sales lacklustre in March
Retail sales remained subdued in March, with no discernible difference between the number of retailers posting rising and falling figures, according to the CBI’s Distributive Trades Survey.
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Scs upholstery: the city view
Sofa retailer ScS Upholstery has plummeted into loss and warned any upturn in trading conditions is unlikely for some time.
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Aurum review turns up heat on suppliers
Baugur-owned Aurum Holdings – parent company to retailers Mappin & Webb, Goldsmiths and Watches of Switzerland – has turned the screws on suppliers following the completion of a strategic review.
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Hiatus for retailers as generalists and food groups defy the gloom
Embattled retailers had a week out of the trenches as the market generally enjoyed some respite from financial turmoil.
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Sport Direct snaps up stores from rival JJB
Sports Direct is understood to have secured a package of stores from rival JJB Sports.
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Wintry Easter brings a mixed bag for fashion
Fashion retailers have reported mixed fortunes over the Easter holiday weekend, as the wintry weather and early fall of Easter led to volatile sales.
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Sainsbury’s finance chief warns food prices will continue to rise
Sainsbury’s finance director Darren Shapland warned that food inflation showed no immediate sign of cooling as the grocer posted fourth-quarter growth and unveiled a property joint venture.
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Debenhams shares nosedive as key investor sells stake
Shares in Debenhams nosedived yesterday after Merrill Lynch Private Equity sold its remaining stake in the department store group.
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M&S shareholder rejects fresh explanation over Rose's dual role
Marks & Spencer’s biggest shareholder has rejected a fresh explanation by the retailer about its decision to promote Sir Stuart Rose from chief executive to executive chairman.
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Somerfield posts strong pre-Easter sales
Local grocery chain Somerfield has revealed strong like-for-like sales for the 12 weeks to Easter, as it continues its extensive store refurbishment programme.
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Land of Leather like-for-likes tumble
Land of Leather has announced a slump in like-for-like sales and the retirement of chief executive Paul Briant.
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Blacks chief targets growth through acquisition of rivals
Blacks Leisure chief executive Neil Gillis has set his sights on acquiring rival outdoor retailers and expanding overseas once he has whipped the UK business into shape.
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Cheshire outlines Kingfisher vision as sales climb
Kingfisher group chief executive Ian Cheshire has outlined his vision for the future of the retailer as it reported a sales increase.
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Clinton profit hike bucks market
Greeting cards giant Clinton Cards registered an 18 per cent jump in adjusted net pre-tax profits in the half year to January 27.
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Laura Ashley profits soar but like-for-likes slide
Fashion to furnishings retailer Laura Ashley has announced a fifth year of profit growth, despite a slump in like-for-likes.
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EU probes Visa charges
The EU is to investigate the fees levied by Visa on cross-border credit and debit card transactions, it was announced today.
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Asos to expand brand portfolio
Online fashion e-tailer Asos will increase its brand portfolio by almost 70 per cent for autumn/winter 2008.
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Fashion retailer Morgan to shut stores division
Fashion retailer Morgan is to shut all 35 of its retail outlets.
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Geox launches spring ad campaign
Footwear retailer and manufacturer Geox this week launched its spring/summer ad campaign.

















