All Brexit articles – Page 19
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News
Wilko places 3,900 store staff into consultation
Wilko could axe “thousands” of shopfloor staff as the retailer reshuffles its store teams in a cost-cutting drive, Retail Week can reveal.
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News
Toys R Us full-year profits jump despite falling sales
Toys R Us’ pre-tax profits rocketed in its latest full year, but sales dipped amid what the retailer described as a ‘competitive market environment’.
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Opinion
Ten years on, credit crunch lessons still apply
Ten years ago today, August 9, 2007, “the world changed”.
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Analysis
Does Brexit spell boom or bust for value retailers?
Brexit has been hailed as an opportunity and bemoaned as a blight by value retailers. But how much impact has the leave vote really had?
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Interview
Poundland exec on Sales, suppliers and shrinkflation
Poundland has launched its first ever summer Sale this week and will be offering thousands of products at a 50p price point.
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News
Rising shop price trend grinds to a halt
Lower food price inflation in July has brought the march of overall shop prices towards inflationary territory to a halt, the British Retail Consortium (BRC) has said.
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Analysis
Roundtable: Invest despite Brexit woes, say retailers
Regaining shopper trust and investing in staff and skills should be top of the agenda for retailers as we prepare for a post-Brexit future.
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News
Consumer confidence sinks back to post-Brexit low
Consumer confidence has sunk to the low level last reached in the immediate aftermath of the Brexit vote last July.
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Data
Data: What factors are driving retail job cuts?
The British Retail Consortium’s (BRC) latest employment figures expose another quarterly decline in retail jobs – and imply the downward trend is set to continue.
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Opinion
Opinion: Bathstore should tap into first-time buyers
Bathstore’s performance is intrinsically linked to the housing market and it must look beyond planned cost measures to achieve the performance it is accustomed to.
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News
Bathstore records rise in full-year profit
Bathstore has reported a rise in gross profit – its preferred measure – and sales in its last financial year.
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News
McColl’s first-half profits hit by Co-op deal costs
McColl’s has posted a fall in pre-tax profits, reflecting its acquisition of 298 Co-op stores.
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News
Tourists set for £2.4bn ‘summer spending frenzy’ in UK
Overseas visitors could splash out as much as £2.4bn in the UK this summer as they take advantage of the slump in the value of the pound.
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Analysis
Sports Direct’s recovery – marathon or sprint?
At first glance it would be easy to write off Sports Direct’s preliminary results, which saw pre-tax profit plunge almost 60%, as an unmitigated disaster.
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News
Sports Direct full-year profits plummet, new CFO hired
Sports Direct’s profits plummeted nearly 60% last year and the Mike Ashley-controlled retailer appointed Jon Kempster from JVM group as its new chief financial officer.
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News
Hotel Chocolat's Thirlwell predicts 'flight to quality'
Hotel Chocolat boss Angus Thirlwell insists there will be “a flight to quality” among consumers as uncertainty over Brexit and inflationary pressures ramp up.
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Opinion
Opinion: McDonald’s lessons on Brexit and retail
The latest canard from Brexit Secretary David Davis is that the fear of any of the other 27 countries following the UK’s suit and leaving the EU is “without foundation”.
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News
June retail sales rise helped by weather and inflation
Retail sales rose by 1.2% like-for-like in June as warm weather benefited categories ranging from summer clothing and outdoor toys to food.
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News
Lidl to double UK store openings to 60 a year
Lidl intends to open another 60 stores per year in the UK and has amassed a £1.5bn war chest to fund the programme.
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Opinion
Opinion: As Game loses a life, is M&S starting afresh?
Since Game floated at the bottom of its price range in 2014, the speciality retailer has faced one obstacle after another.