All articles by Nicola Harrison – Page 129
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Gamestation consults staff ahead of central office merger
Game has begun a consultation process with 80 of its Gamestation staff at its head office in York as it realigns its management across the group.
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Retail sales plummet in early January, CBI figures show
Nearly two thirds of retailers experienced a fall in sales volumes in the first half of January, and February is expected to be just as tough.
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Tesco appoints group finance director
Tesco has appointed Laurie Mcllwee as its new group finance director with effect from January 27.
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ProCook to close all high street stores
Kitchenware retailer ProCook is to close all its high street stores as it focuses on internet sales and factory outlet stores after being bought out of administration last year.
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Comet presses suppliers to pay for shopfloor displays
Electricals retailer Comet has told suppliers they must pay up to 15,400 to have each of their product lines displayed on the shopfloor.
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Land of Leather closes 33 stores
Land of Leather is to close 33 stores after it collapsed into administration earlier this month.
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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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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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Somerfield posts strong Christmas
Grocery chain Somerfield performed well over the Christmas period, with like-for-likes excluding fuel jumping 3.7 per cent in the 3 weeks to January 3.
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Go Outdoors to create 1,000 jobs
Outdoor retailer Go Outdoors will create 1,000 new retail jobs as it aims to triple its store portfolio over the next two years.
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Home Retail Group buys Chad Valley toy brand
Argos parent Home Retail Group has bought Woolworths' toy brand Chad Valley for 5 million.
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Inflation falls to 3.1 per cent
Inflation fell to 3.1 per cent in December, down from 4.1 per cent in November, the Consumer Prices Index showed.
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Comet posts robust festive sales
Electricals retailer Comet's like-for-like sales dropped 2.5 per cent over the festive period, although 'strong' post-Christmas sales helped limit the fall.
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Woolworths Group applies for administration
The board of Woolworths Group has applied to go in to administration, following the collapse of its retail arm and entertainment division EUK last year.
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Focus appoints new commercial director
DIY chain Focus has appointed Penny Teale as its commercial director.
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BrightHouse sales up as consumers opt to rent
Rent-to-buy electricals and furniture specialist BrightHouse has revealed underlying revenue increased 13.5 per cent in the 13 weeks to December 28.
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Pets at Home like-for-likes up 10.4 per cent
Pets at Home has defied the economic gloom by posting a 10.4 per cent increase in like-for-likes in the six weeks to January 8.
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HobbyCraft profits soar
Arts and crafts chain HobbyCraft’s pre-tax profits rocketed 122 per cent to 6.1m in the 10 months to January 4.
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Homebase in talks with restructuring specialists
Home Retail Group has approached restructuring specialists to review the store portfolio of its DIY chain Homebase, according to The Times.
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HMV arrives on live music scene with venues deal
HMV is to enter the live music arena by buying a 50 per cent stake in a joint venture with venue operator MAMA Group.