All Retail Week articles in 7 December 2007
Browse all news stories and articles from this date or time period.
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News
Gap November sales up
November sales at US clothing giant Gap jumped 11 per cent to US$1.54 billion ( 759.4 million), compared with last year.
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News
New Look launchs e-commerce site in time for Christmas
New Look has launched its transactional web site just in time to cash in on crucial online sales this Christmas The fast fashion retailer has launched its womenswear and accessories range on the site and will test its success over the festive period before adding its menswear and kidswear offers ...
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News
Monsoon shares suspended
Monsoon has suspended trading on AIM ahead of being taken private by chairman and founder Peter Simon.
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News
John Lewis sales up
John Lewis department stores revealed sales were up 6 per cent in the week to Wednesday year on year and rose 15 per cent on last week, driven by sales of toys, electronics and beauty.
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OpinionReasons to be cheerful
Profit warnings are coming in thick and fast, consumer confidence is falling and most store groups are only increasing sales by hefty discounting.
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News
Insurers association hits out at Ashley
Mike Ashley has come up against yet more criticism from the City – this time from the Association of British Insurers (ABI), which criticised the way Sport’s Direct has been run since its float.
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News
M&S consults Criado-Perez about China move
Marks & Spencer has been consulting former Safeway chief executive Carlos Criado-Perez about M&S’ ambitious expansion plans for China, according to a report in The Times.
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Opinion
The Retail Week – December 7, 2007
Yesterday’s interest rate cut was a welcome early Christmas present for retailers.
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News
Waitrose runs short of organic turkeys
Shoppers were warned they could face a shortage of organic turkeys this Christmas, following the culling of tens of thousands of the birds because of the bird flu outbreak in East Anglia.
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News
OFT fines Sainsbury's and Asda for milk price fixing
Two of the big four grocers and certain dairy processors have agreed to pay combined fines of more than 116 million after they admitted involvement in fixing milk and cheese prices.
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Analysis
The benefit of hindsight
Last year, Richard Ratner declared it would be the worst Christmas for 25 years. Luckily for retailers he was wrong, but will analysts’ predictions be proved right this year?
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Analysis
Easy does it
With 15 stores, Tesco’s much talked-about US operation Fresh & Easy is gathering momentum, but what are its ambitions for the chain? James Thompson visits to find out
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News
JD Sports warns Christmas still vital despite like-for-like surge
JD Sports has warned that Christmas trading is crucial if it is to achieve its forecasts to exceed market expectations this year.
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News
ScS orders plummet as credit crunch takes toll
A dismal trading update from ScS Upholstery has increased fears that the credit crunch and interest rate rises are beginning to bite deeply into the performance of big-ticket retailers.
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Opinion
Cheshire moves closer to top job
Ian Cheshire’s chances of becoming the next chief executive of Kingfisher won’t have been hindered by the DIY group’s third-quarter update last week.
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NewsTopshop drives online with Facebook tie-up
Topshop is promoting products on Facebook to drive traffic to its web site in the latest sign of the growing importance of social networking sites to retailers.
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News
Tesco rejects food inflation claims
Tesco has dismissed reports of spiralling food inflation as “nonsense” after it unveiling a credit crunch-defying set of figures for the 13 weeks to November 24.
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News
Moss Bros to overhaul supply as sales tumble
Chief executive Philip Mountford said he would reduce the retailer’s supplier base by 10 per cent and SKUs by 5 per cent to lower costs for the business and concentrate on growth.
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News99p Stores outlines aggressive growth agenda to revive profits
Discount retailer 99p Stores has vowed to return to profitability next year following two years of losses.