All Retail Week articles in October 5 2012 – Page 4
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AnalysisSainsbury's: What the analysts say
Sainsbury’s posted like-for-like sales grew 0.9% and total sales advanced 3.3% for the first half of the year but analysts welcome the figures but believe the grocer still has some work to do.
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AnalysisSainsbury's v Tesco: Head to Head
Tesco and Sainsbury’s gave an insight into their first half performance today. Retail Week takes a look at how they measure up against each other.
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NewsFlat food inflation surprises analysts
Food inflation has remained flat for the third consecutive month at 3.1%, surprising analysts who had forecast price increases due to large rises in commodity prices.
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OpinionComment: The UK is not Tesco's only problem
While all eyes are on Tesco’s UK business, today’s interim results show that the grocer’s domestic market is not its only problem.
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AnalysisTesco: What the analysts say
Supermarket giant Tesco has revealed disappointing results, posting its first profits fall since 1994 despite ploughing £1bn into its turnaround for the 26 weeks to August 25. Analysts expressed concern over the grocer’s overseas operations.
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NewsOptical Express subsidiary collapses into administration
Optical Express is to close 40 stores after plunging its subsidiary into administration in the face of a “significant economic slowdown on the high street”.
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NewsSainsbury's like-for-likes grow after 'unique' summer
Sainsbury’s reported an increase in sales and like-for-like growth in the second quarter aided by its Paralympic sponsorship.
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NewsDunelm like-for-likes up 3%
Value homewares retailer Dunelm’s like-for-likes rose 3% in the first quarter as it grew share.
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NewsTesco profits fall 11.6% despite Q2 sales growth
Tesco has reported its first decline in profits since 1994 after investing £1bn in its UK turnaround plan.
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News
Leclerc latest store to feature new logo
Leclerc is to open a hypermarket in Le Breuil next week that will feature a new logo. Leclerc will be written in lowercase and the logo will be on a white background instead of blue.The retailer’s new look won’t come into effect in other stores until November 1.
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News
Dia to take over troubled German drugstore chain Schlecker
Dia is taking over the Spanish division of troubled German drugstore chain Schlecker for e70.5m (£55.9m). The deal includes 1,127 outlets in Spain and 41 stores in Portugal, as well as four distribution centres, three in Spain and one in Portugal. Dia will also retain the 4,000 former Schlecker employees.The ...
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News
Uniqlo opens joint store concept with Bic Camera
Uniqlo and electronics retailer Bic Camera have opened their first joint ‘Bicqlo’ store in Tokyo.Uniqlo president Tadashi Yanai said he wanted to create Japan’s most prosperous store by combining Bic Camera’s busy shop ambience with that of Uniqlo.Yanai hopes to open similar stores in New York and Paris.
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News
Amazon to recommence selling wine
Amazon intends to start selling wine again after it abandoned previous plans to enter the wine market three years ago.Meanwhile, Amazon’s Quidsi subsidiary in the US has unveiled an ecommerce site offering natural, organic and sustainably made products. Vine.com sells products ranging from skincare to ambient grocery, furnishings and electronics. ...
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NewsJack Wills boss joins new Wiggle advisory board
Bikes and triathlon etailer Wiggle has appointed a raft of big-hitting names to a newly created advisory board that will help develop the business.
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NewsBrantano posts £3.7m loss for 2011
Value footwear retailer Brantano remains “confident” on the outlook despite reporting a £3.7m pre-tax loss in 2011 against a profit the previous year.
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NewsM&S boss Marc Bolland appointed vice-president of Unicef UK
Marks & Spencer chief executive Marc Bolland has been appointed vice-president of Unicef UK.
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NewsDave Whelan and Decathlon still in the frame for JJB Sports stores
JJB Sports founder Dave Whelan and French sports retailer Decathlon remain in the hunt for former JJB stores after its collapse into administration on Monday.
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NewsClaire's Accessories sales slump
Claire’s Accessories UK sales fell 7.2% to £128.5m in the year to January 28, down from £138.5m the previous year, as the economic downturn reduced demand for its “discretionary” products.
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AnalysisAnalysis: Who is Optical Express?
Optical Express is calling in the administrators for one of its nine subsidiary groups, with 40 stores set to close. But who is the optician chain?
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NewsHarvey Nichols to open Christmas pop-up at Merry Hill
Luxury department store Harvey Nichols is opening its Christmas 2012 pop-up store in Westfield Merry Hill next month.