All articles by Nicola Harrison – Page 109
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NewsGame like-for-likes drop 15.1%
Game’s group like-for-likes slumped 15.1% in the 44 weeks to December 5, but the retailer claimed it had continued to take market share.
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NewsBRC poised to restart battle against upward-only rents
The British Retail Consortium (BRC) is braced to launch a campaign to ban upward-only rent reviews if its members demand it, after the Irish government scrapped the reviews this week.
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NewsSuitors eye Borders stores as break-up fears escalate
Major high street retailers are circling Borders UK stores as fears mount that the business will be broken up.
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NewsNokia to withdraw from Regent Street
Nokia is to pull out of its flagship Regent Street store on the back of disappointing sales after just two years.
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NewsToy shortages predicted this Christmas
Toys shortages are likely this Christmas, according to a major toymaker and distributor.
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NewsUpward only rent reviews banned in Ireland
Upward only rent reviews have been banned in Ireland by its Government.
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NewsTesco's plan for biggest Irish shop refused
Grocery giant Tesco’s plans to build its largest store in Ireland have been scuppered as its proposals have been refused for a second time.
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NewsBorders makes majority of head office staff redundant
Borders UK has made the vast majority of its head office staff redundant following its collapse into administration on Thursday.
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NewsBorders begins ‘closing down’ Sales while interested buyers circle
Borders has commenced ‘closing down’ Sales in all its stores as interested parties circle the business.
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NewsWestfield assures on charges at Stratford
Westfield has attempted to allay retailers’ fears about rising service charges at its upcoming Stratford development in east London.
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NewsRetailers target Europe for low-risk expansion
Retailers are still keen to expand internationally despite the recession, although most are focusing on the more mature Western European markets to limit risk.
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NewsMajestic Wine profit climbs 9% in first half
Majestic Wine’s pre-tax profit jumped 9% to £6.1m in the 26 weeks to September 28.
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NewsModern Warfare 2 fires up flagging games sector
Games retailers pulled out all the stops this week as they clambered to grab share of the biggest ever software launch to hit the market.
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NewsRecession to drive store card comeback
Store cards are posed for a comeback next year as retailers offer alternative lending options to consumers finding it hard to secure credit through other channels.
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NewsPlay.com investigated for customer data leak
Entertainment etailer Play.com is being investigated by the Information Commissioner’s Office (ICO) for a possible breach of the Data Protection Act.
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NewsIkea: VAT cut had no sales impact
Ikea, the world’s biggest furniture retailer, said last year’s VAT cut did nothing to stimulate its UK sales and that the planned rise next year will be equally insignificant.
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NewsThreshers franchisees form action group
Updated: 55 of the 65 Threshers’ franchisees have formed an action group to resist being bought by a buyer they view as “unfavourable”.
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News‘Middle-class shoplifters’ fuel surge in crime
Shoplifting has surged to unprecedented levels in the past year as the ‘middle-class shoplifter’ turns to crime to fund luxury lifestyles in the recession.
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NewsRicher Sounds profits slide while revenue soars
Hi-fi and televisions retailer Richer Sounds experienced a pre-tax profit decline of 8% to £3.4m in its full year.
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NewsBrightHouse like-for-likes rise 9.9% in first half
Rent-to-own electricals and furniture retailer BrightHouse’s like-for-likes climbed 9.9% in the six months to September 30.