All Retail Week articles in October 24 2014 – Page 3
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NewsDebenhams full-year profits tumble as January discounting dents margins
Debenhams has revealed a 20.6% slump in full-year group underlying pretax profits as deep January Sale promotions dented margins.
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OpinionBryan Roberts’ verdict: To win again Tesco must put shoppers before margin
Tesco would do very well to remember that market share should not be seen as an objective – it should be viewed as an outcome.
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NewsBreakfast briefing: Retail news on Tesco, Debenhams and falling numbers of store staff
Retail news round-up on October 23, 2014:Tesco confirms it has overstated profits by £263m as chairman prepares to stand down, Debenhams profits slump 20%, Number of staff per store falls to record low
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NewsTesco discloses £263m profit overstatement as chairman prepares to step down
Tesco has confirmed it overstated profits by £263m as the Deloitte investigation found that there have been similar practices in previous reporting periods.
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OpinionComment: Does beacon technology improve customer experience?
To beacon or not to beacon, that is the question. As retailers roll out beacon technology, is it really enriching the customer experience?
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AnalysisEtail Power List 2014: The etailers to watch in the coming year – part two
The Etail Power List of this year’s most influential retailers in ecommerce has been announced – here are some etailers to watch in the coming year.
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NewsNumber of staff per store falls to record low as shopping habits change
The number of full-time staff per store fell to a record low in the third quarter as retailers shifted to smaller-format stores.
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AnalysisEtail Power List 2014: The etailers to watch in the coming year – part one
The Etail Power List of this year’s most influential retailers in ecommerce has been announced – here are some etailers to watch in the coming year.
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NewsHomebase turns to Argos to transform itself into digital leader amid store closures
Homebase is to forge stronger links with sister retailer Argos as the DIY business transforms itself into a digital leader and prepares to close around a quarter of its stores.
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OpinionComment: Tesco’s CEO must not lose focus on core business
Following Tesco’s accounting scandal chief executive Dave Lewis must not lose sight of the struggling retailer’s long-term strategy.
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InterviewQ&A: Richer Sounds managing director David Robinson on a record year
David Robinson, managing director at Richer Sounds, on how the company has driven record profits and its new ‘360 degree installation service’.
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NewsFormer BFC chair Harold Tillman receives freedom of city on his birthday
Harold Tillman, former chair of the British Fashion Council, was granted the freedom of the City of London on his birthday this year.
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NewsAsda’s reduced aisle provides shopper with birthday cake inspiration
Asda shopper Terry McIlmail’s bargain-hunting ways provided the inspiration for his unusual, Great British Bake Off-worthy birthday cake.
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NewsMorrisons to trial localised offer in three lab stores
Morrisons is to open three ‘lab stores’ over the next six months as part of an attempt to localise the grocer’s offer.
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NewsNew boss Sutherland vows to make SuperGroup a global success story
Euan Sutherland will focus on internationalisation at SuperGroup, which has denied that COO Susanne Given may feel snubbed by his appointment.
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NewsSupermarkets must communicate better with mums, finds Mumsnet study
Supermarkets need to improve their communication with mums in order to garner their loyalty, a study conducted by Mumsnet has found.
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NewsShoe Zone expects annual revenues to fall £20m as it relocates stores
Shoe Zone expects its revenues to drop by £20m year-on-year as it reshapes its store estate in order to have better-performing shops.
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NewsRakuten launches UK site paving the way for global marketplace
Japanese etail giant Rakuten has launched its UK site today, which will next year enable merchants to sell across its global marketplaces.
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NewsHomebase to close a quarter of its stores as boss Paul Loft exits
Homebase boss Paul Loft is stepping down as the retailer seeks to reduce its number of stores by a quarter after a strategic review by parent Home Retail.
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NewsEuan Sutherland appointed SuperGroup chief executive
Former Co-op boss Euan Sutherland has been appointed group chief executive of fashion retailer SuperGroup.