All articles by Nicola Harrison – Page 130
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Land of Leather gets strong sale interest
Land of Leather has this week received 14 expressions of interest for its business and stores after the furniture retailer collapsed into administration on Monday.
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NewsOriginal Factory Shop and TJ Hughes cash in on festive trading down
Discount retailers Original Factory Shop and TJ Hughes have delivered stellar Christmas results amid a challenging economic climate.
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Aldi breaks into flower delivery market
Discount supermarket chain Aldi has this week launched a flower delivery website as it seeks to widen its offer in 2009.
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HMV buys music venues and Zavvi stores
HMV has acquired 14 Zavvi stores and is to enter the live music market with the purchase of a 50 per cent stake in a joint venture with venue operator MAMA Group.
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The White Company begins consultation period with staff
Upmarket homewares retailer The White Company has begun a consultation period with its employees.
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Zavvi closes more stores
A further 18 Zavvi stores will close today, leading to 353 redundancies, as administrator Ernst & Young revealed no offers have been received to take on the whole portfolio.
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Allied Carpets in sale talks with Hilco
Allied Carpets has held preliminary talks with restructuring specialist Hilco over a potential sale.
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B&Q pulls Olympics sponsorship
DIY retailer B&Q has terminated its sponsorship deal with the British Olympic Association because of the global economic downturn.
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Jacques Vert like-for-likes drop 6.8 per cent
Womenswear retailer Jacques Vert has revealed like-for-likes dropped 6.8 per cent in the 26 weeks to October 25, with sales falling from 58.3m to 54.9m.
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Topps Tiles like-for-likes plummet
Topps Tiles’ like-for-likes plummeted 18.1 per cent in the 13 weeks to September 28, 2008.
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Game like-for-likes up, profits expected to exceed expectations
Game has revealed like-for-likes jumped 11.4 per cent in the UK and Ireland for the 50 weeks to January 10 and the games retailer expects profits for the year to be ahead of expectations.
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Habitat appoints group chief executive
Levi Strauss Europe vice president of retail Mark Saunders has been appointed chief executive of Habitat.
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Land of Leather suspends shares
Land of Leather has suspended its shares on the London Stock Exchange.
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Foyles like-for-likes climb
Books chain Foyles has revealed its like-for-likes jumped 9 per cent in the year to June 30, 2008.
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Pawnbroker H&T's sales climb
Pawnbroker H&T has revealed its like-for-likes climbed 3 per cent over December and believes profits for the year will exceed expectations.
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Waterstone's to axe 200 jobs
Books retailer Waterstone’s is to axe 200 jobs as part of a cost-cutting initiative.
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Poundland sales soar over Christmas
Poundland enjoyed a strong Christmas, revealing its like-for-like sales climbed 3.9 per cent in the five weeks to January 4, 2009.
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Zavvi to close 22 stores
Zavvi is to shut 22 of its stores with immediate effect after it fell in to administration before Christmas.
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Wyevale's Andrew Livingston to join Screwfix
Andrew Livingston is leaving Wyevale to join DIY chain Screwfix as its commercial director.