More on Me + Em – Page 625
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AnalysisAnalysis: How Homebase got back in the black
This time last year Homebase had just reported a £114.5m loss following several bad decisions by its former owner Wesfarmers.
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NewsTK Maxx parent company full-year sales ‘exceed expectations’
TK Maxx owner TJX has hailed a strong fourth-quarter and full-year results exceeding expectations.
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NewsMarks & Spencer extends click-and-collect cut-off deadline
Marks & Spencer has moved the deadline for next-day click-and-collect orders back by an hour from 10pm to 11pm and is piloting a two-hour express service in 17 of its big stores.
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NewsHomebase returns to profit and launches new store format
Homebase has hailed a return to profit ahead of plan in its full-year results and plans to open new smaller-format stores.
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NewsTopps Tiles warns on profits as sales slide
Topps Tiles has warned that profits will fall below expectations after continued tough trading.
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NewsZalando profits rise as its prepares for launch into second-hand fashion
Online fashion specialist Zalando has unveiled a rise in full-year sales and profits and is preparing to launch a variety of initiatives including a pre-owned range.
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OpinionOpinion: Ecommerce trailblazer Eva Pascoe on how tech is still transforming retail
Twenty-five years ago, Cyberia opened as the first cafe with full internet access in the world, located at 39 Whitfield Street in London’s Fitzrovia.
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AnalysisCEO churn: Why are retail bosses booted out so quickly?
The turnover of retail CEOs reached its highest level since 2012 last year. Why are retail’s leaders sent packing so frequently?
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Future LeadersIn conversation with… Schuh ecommerce director Sean McKee
Meet Sean McKee – ecommerce director, Be Inspired ambassador, charity champion and Francophile.
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NewsDebenhams streamlines top team and issues challenge on business rates
Debenhams director of stores, technology and supply chain Angela Morrison is to leave the department store group.
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NewsWalmart ‘in discussions’ to sell Asda stake
Asda’s parent company Walmart has said it may sell a stake in the business and has opened discussions with a “small number of interested parties”.
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NewsIntu credit extension dependent on raising £1.3bn equity
Embattled landlord Intu has agreed on an extension to its credit facilities with its lenders as long as it can raise at least £1.3bn of equity.
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OpinionOpinion: Hammerson’s issues are symptomatic of a broken property market
Hammerson’s latest set of financial results are symptomatic of the wider issues plaguing the UK retail property market and the institutional landlord is unlikely to be the only one feeling the effects.
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NewsMcColl’s to close more than 300 stores over next four years
The chief executive of McColl’s has said the convenience store group will look to shut as many as 330 stores over the next three or four years as it seeks to rationalise its store estate as part of its strategic shift.
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NewsTed Baker to axe 100 head office roles in bid to cut costs
Ted Baker is restructuring its head office team in a bid to drive cost efficiencies after “a very challenging year”.
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NewsStore gallery: Amazon turns up heat on Walmart with first cashier-less supermarket
Amazon has opened its first cashier-less supermarket in what is a big step forward in the onetime ecommerce giant’s growing battle with Walmart for control of the US grocery market.
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NewsMcColl’s profits slump as it seeks new debt arrangement
Struggling convenience store group McColl’s has posted declining profits and sales figures and confirmed it is in discussion with lending banks about a new debt facility.
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NewsNon-food prices fall at sharpest rate since May 2018
February shop prices fell despite food costs holding steady as non-food prices declined at their sharpest rate since May 2018, according to the BRC-Nielsen Shop Price Index.
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AnalysisData: The world’s 100 largest retailers by revenue
Eighty-eight European companies made it into Deloitte’s Global Powers of Retailing ranking, which analysed the performance of the top 250 global retailers.