All articles by Nicola Harrison – Page 144
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Thorntons like-for-likes climb
Confectionary retailer Thorntons’s like-for-likes rose 3.6 per cent for the 10 weeks to June 28, 2008.
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Seaham gains majority share of Instore
Seaham Investments has confirmed it now owns a 51 per cent stake in Instore.
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Burberry sales soar 14 per cent
Burberry Group’s retail sales jumped 14 per cent for the three months to June 30.
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June like-for-likes down 0.4 per cent
UK like-for-like sales dipped 0.4 per cent in June, compared with the same month last year.
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Sandwich boards to be ousted in London
The sandwich boards that line London’s busiest shopping areas are expected to be booted out by mid-August.
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Game’s glory garners a mixed City reaction
The City is divided over the outlook for computer entertainment specialist Game, despite a stellar update last week.
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NewsFat Face sales jump
Fat Face sales soared 16.3 per cent from £108.6 million to £126.4 million for the full year to May 31.
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Instore directors stand down
Three Instore directors have resigned as part of a deal between shareholders Seaham Investments and Tradegro.
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Netto sales climb
Value retailers continue to pull in the customers, with Netto announcing a 7 per cent sales increase over the year to June 14.
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Marks & Spencer pulls out of Taiwan
Marks & Spencer is to close all its stores in Taiwan after just 14 months of trading in the country, dealing another blow to the embattled retailer.
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Jacques Vert profits fall
Womenswear retailer Jacques Vert has announced a drop in operating profit before exceptional items to 4.7 million for the year to April 28, from 5.7 million last year.
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Dunelm like-for-likes fall
Out-of-town specialist homewares retailer Dunelm recorded a 2.4 per cent fall in like-for-like sales in the 13 weeks to June 28, 2008. Total sales rose 7.7 per cent in the period.
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DVD sales rocket
DVD sales continue to soar, with first-quarter sales up 3.3 per cent on the same period last year.
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John Lewis enlists staff to appear in ad campaign
John Lewis will launch the second phase of its latest ad campaign today. For the first time in the department store’s 144-year history, it will feature employees.
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Carpetright to desert expensive retail parks
Carpetright is aiming to shift 90 per cent of its store portfolio from high-rent A1 retail parks to bulky-goods parks to better weather the economic downturn.
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HMV profits rocket in first turnaround year
HMV Group delivered a strong set of full-year results, but warned that growth could slow in the next year.
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Ideal appoints Aujila to board
TV and online shopping channel Ideal Shopping Direct has appointed Pamela Aujila to its board as commercial director.
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Findel sales up
Home shopping group Findel has disclosed a 3 per cent rise in group sales in its second quarter, compared with the same period last year.
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JJB hires MD for lifestyle division
JJB Sports has appointed Chris Lee, founder of men’s lifestyle store chain Microzine, to head its new Sports Lifestyle division.
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Instore split over takeover bid
Variety store group Instore is divided over a 5p-a-share offer by Seaham Investments to take majority control of the retailer.