All articles by Nicola Harrison – Page 99
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NewsInditex profits surge in first quarter
Zara owner Inditex’s net income surged 63% to €301m (£249m) in its first quarter to April 30, as it revealed its launch date for selling online.
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NewsShop price inflation slows to 1.8% in May
Shop price inflation slowed to 1.8% in May, down from 2% in April, according to the BRC-Nielsen Shop Price Index.
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NewsWHSmith sales hit by volcanic ash cloud
WHSmith said its like-for-like sales decline was worsened by the affect of the volcanic ash cloud, as it revealed it has hired Walker Boyd as its non-executive chairman.
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NewsBRC warns Government against increasing VAT
The British Retail Consortium is calling on the Government to focus on public spending cuts rather than tax rises in order to tackle the deficit, reiterating its belief that VAT should not be increased.
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NewsHabitat hires Phil Wrigley as executive chairman
Furniture chain Habitat has appointed former New Look boss Phil Wrigley as executive chairman.
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NewsFloors-2-Go and Topps Tiles in dispute over email allegations
Topps Tiles has become embroiled in a row with floorings retailer Floors-2-Go over allegations that an email was circulated by a Topps employee making allegations about Floors-2-Go’s performance.
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NewsSir Terry Leahy pockets £5.2m
Tesco chief executive Sir Terry Leahy was paid £5.2m in salary, bonus and shares last year.
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NewsSainsbury’s offers staff World Cup working hours
Sainsbury’s staff will be able to plan their shifts around “vital team matches” during the World Cup.
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NewsTheo Walcott axe delivers blow to M&S ad
A Marks and Spencer’s ad campaign suffered a blow when one of its stars, England striker Theo Walcott, was dropped from the England team.
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NewsTopps Tiles profit falls in first half
Topps Tiles adjusted profit before tax and discontinued operations fell from £8.7m to £7.8m in the 27 weeks to April 3 as consumer confidence remains subdued.
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NewsApple iPad global sales hit 2 million
Apple iPad global sales have hit 2 million since the tablet launched two months ago, exceeding recent figures for its Mac laptop and desktop computers.
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NewsMoss Bros like-for-likes climb 12.6%
Suit specialist Moss Bros like-for-likes climbed 12.6% in the 16 weeks to May 22, while total sales rose 12%.
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NewsTopps Tiles invests in ads and website
Topps Tiles has made a “substantial investment” to bolster its marketing presence, revamping its website and resuming TV advertising after dropping it during the downturn.
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NewsTop credit insurer to give retailers notice of future cover reductions
Credit insurance giant Euler Hermes has altered its ratings procedure to give retailers and suppliers the chance to challenge any decisions to reduce cover.
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NewsDiscounters fear rise in VAT
Discount retailers have warned that a rise in VAT would smash their margins and result in some products being pulled off the shelves.
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NewsKingfisher and Topps Tiles updates won’t lift home sector gloom
Updates from Kingfisher and Topps Tiles next week are expected to paint a subdued picture of the home sector’s performance.
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NewsWHSmith hits out at claims it has the worst shops in the country
WHSmith has hit out at claims that its shops are among the worst in the UK for store environment and customer service.
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NewsLakeland and Richer Sounds ranked best shops in Which? survey
Richer Sounds and Lakeland have been ranked as the UK’s best shops with WHSmith and Currys Digital being named as the worst stores in the country.
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NewsWaitrose and Ocado sign new 10 year deal
Online grocer Ocado has agreed a new 10 year deal with Waitrose to sell the upmarket supermarket’s products.