All Retail Week articles in November 26 2010 – Page 6
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NewsOffice edges closer to £150m deal with Silverfleet
Retail entrepreneur Sir Tom Hunter has entered exclusive talks with private equity firm Silverfleet Capital to sell footwear retailer Office for about £150m.
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NewsWalmart set to acquire 51% of Massmart
US grocery giant Walmart has confirmed its intention to acquire 51% of South African general merchandise and food retailer Massmart.
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NewsBlack Friday sales edge higher in US
Black Friday, the post-Thanksgiving US sales day, has seen a slight rise in sales compared to last year according to early reports.
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NewsWaitrose sales up 10.6% last week
Upmarket grocer Waitrose revealed sales up 10.6% to £103m for the week ending November 27, as customers stocked up on Christmas goodies.
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News
Online sales set to surge today as Mega Monday begins
Today is predicted to be one of the busiest internet shopping days according to retail experts as the Christmas shopping season begins in earnest.
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NewsAll Saints boss Stanford forced to pay out £2.5m
Retail entrepreneur Kevin Stanford has reportedly been forced to pay out £2.5m of his own money after personally guaranteeing a bank loan to his former premium womenswear business Ghost which fell into administration in 2008.
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NewsJohn Lewis to open in Middle East, according to reports
John Lewis is understood to be in talks to open department stores across the Middle East, according to reports.
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NewsFewer public sector jobs to be axed than initially forecast
The Government is expected to make fewer public sector job cuts than first anticipated, with the Office for Budget Responsibility adjusting its estimate down to 330,000 from 490,000.
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NewsTopps Tiles profits and sales up
Topps Tiles pre tax profit grew from £9.9m to £12.4m in the 53 weeks to October 2 as the retailer kept a tight control on costs.
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NewsOddbins launches new format in bid to make profit
Oddbins has launched a smaller format under the name Oddies as it aims to return the business to profit.
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NewsCo-op members donate £1.2m of their dividend to good causes
Co-operative Group members have donated £1.2m of their interim dividend to charities and community groups.
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OpinionShopping centres in demand
The £1.6bn sale of the Trafford Centre is set to shake up the shopping centre world
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NewsFindel profits up as it seeks to raise £80m through rights issue
Mulitchannel specialists Findel operating profits more than doubled from £0.9m to £1.9m in its home shopping arm in the 26 weeks to October 1.
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NewsPrimark's Oxford Street store sets sales record
Primark notched up record sales of £820,000 at its flagship store on London’s Oxford Street on Saturday, according to newspaper reports.
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NewsAsos launches graduate collections
Asos is launching two graduate collections on Friday through its new MA}ke initiative.