All Retail Week articles in October 16 2015 – Page 3
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Analysis
Large retailers to be hit with bill for an extra £25.6m for living wage by 2020
Large retailers could see their wage bills rise by an average of £25.6m by 2020 as a result of the Government’s national living wage.
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Analysis
Supermarkets face Government consultation over price comparisons
The Government is poised to launch a consultation into how supermarket price comparisons can be made simpler for shoppers.
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Analysis
Store gallery: How the Co-op's new Isle of Wight store is going local
The Southern Co-operative’s new store in Freshwater on the Isle of Wight shows how supermarkets can make an impact on a budget.
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Analysis
Burberry second-quarter sales hit by China slowdown
Burberry has reported a slowdown in sales as it felt the impact of a challenging global luxury market, particularly in China and Hong Kong.
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Analysis
Booker half-year profits rise as it bids to bolster retail business
Food wholesaler and retailer Booker has reported a 10% rise in half-year pre-tax profits amid plans to further bolster its retail business.
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Analysis
Game profits slip as rising operating costs hit performance
Game full-year adjusted pre-tax profit dropped 4.5% to £38m as operating costs hit the specialist’s performance.
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Analysis
WHSmith reveals rising profits and estimates £2m to £3m living wage impact
WHSmith has reported rising profits but flat like-for-likes in its full year as it estimates the living wage will cost it £2m to £3m a year.
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Analysis
Tesco sells 14 Spenhill development sites in deal worth £250m
Tesco has agreed to sell 14 Spenhill development sites for £250m as it seeks to strengthen its balance sheet.
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Analysis
M&S unveils Sparks 'membership scheme' to better connect with customers
Marks & Spencer has unveiled an imaginative customer membership scheme designed to transform its relationship with its shoppers.
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News
Breakfast briefing: Retail news on Sainsbury's and Marks and Spencer
Retail news round-up on October 15, 2015: Sainsbury’s ends mobile phone service deal with Vodafone and M&S launches new loyalty scheme.
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Analysis
Store closures at lowest level for five years but fashion sector suffers
The number of stores being closed by retailers has dropped to its lowest level in five years, according to new figures revealed today.
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Analysis
First look: Sainsbury's launches 'micro' c-store format in Holborn
Sainsbury’s has opened a new ‘micro’ c-store format across the road from its head office in Holborn as it bids to improve the store experience.
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Analysis
Walmart expects profits to fall as it reinvests in staff and ecommerce
Walmart has said profits will drop between 6% and 12% in its next financial year as it ploughs cash into reviving its slowing sales growth.
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Analysis
Matalan expects profits to tumble as warehouse issues cause 'severe impact'
Matalan expects its full-year profits to tumble after it suffered the “severe financial impact” of problems at its new distribution centre during its second quarter.
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Analysis
Alibaba hires former Tesco executive as first UK boss
Alibaba has hired former Tesco executive Amee Chande as its first UK boss as the Chinese ecommerce giant expands its presence in Europe.
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Analysis
N Brown invests in over-50s menswear range to spur JD Williams sales
N Brown aims to ramp up sales of its over-50 menswear range after identifying it as an area of growth opportunity for the business.
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Analysis
Matalan's chief operations officer leaves for health reasons
Matalan’s chief operations officer Arnu Misra has left the value fashion retailer after nearly three years because of health reasons.
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Analysis
BRC warns business rates will top £8bn despite UK deflation
The British Retail Consortium (BRC) has warned that the business rates burden on retailers could break the £8bn barrier despite the country falling into deflation.
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Analysis
Facebook tests shopping section on its mobile app
Facebook has said it will be testing new ways for users to browse and purchase retail products directly through its mobile app.
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Analysis
N Brown half-year profits slump as digital transformation costs hit retailer
N Brown has reported a slump in half-year profits and that is has closed 18 clearance stores as it continues to transform into a digital business.