All Department stores articles – Page 208
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News
Ailing Irish retailers call on government for protection
Irish retailers have urged their government to take action to ease the mounting pressures on beleaguered companies suffering in the recession.
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Opinion
Baugur's loss is retailers' gain
The final death throes of Baugur’s retail empire are being very publicly played out, but the brands in which it has stakes should breathe a quick sigh of relief and move on with the business of retailing.
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News
Baugur boss Johannesson lambasts Landsbanki
Baugur boss Jón sgeir Jóhannesson has hit out at creditors after the Icelandic investor was forced to seek protection from administration yesterday.
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News
Baugur files for bankruptcy protection
Baugur has confirmed that it has filed for protection from its creditors in the Icelandic equivalent of Chapter 11 bankruptcy protection as exclusively revealed by Retail Week this morning.
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News
Westfield retailers unite in outrage at service charges
The dispute over service charges at Westfield London has escalated as more retailers join the fight against the landlords’ demands.
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News
BRC produces US product safety standard
Some of world’s biggest retailers will have to adhere to the British Retail Consortium's product safety standard following an agreement with North America's leading retail trade association.
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News
John Lewis expansion hit by development delays
John Lewis is being forced to scale back its expansion as many plans for new shopping centres are shelved by developers.
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News
Most retailers report like-for-like Christmas sales growth
More than half (52 per cent) of retailers reported positive like-for-like sales over the Christmas period.
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News
John Lewis reports weekly sales dip of 0.8 per cent
John Lewis has reported a slight drop in weekly sales, but remains confident new stock and promotions will stand it in good stead.
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News
Concern grows as Karstadt loses Premium Group head
The head of Karstadt’s Premium Group, the business created by the German department store chain to help turn around its fortunes, has quit less than two years after taking up the role.
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News
Falling confidence hits younger customers
Consumer confidence dropped again this month and is also beginning to hit younger consumers.
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News
Beales reveals robust Christmas
Department store chain Beales has recorded a full-year pre-tax loss of 1.52m and revealed resilient trading over Christmas.
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News
John Lewis beta tests Cisco green networking system
John Lewis has participated in a beta testing phase for Cisco networking technology that can help cut power consumption of IT.
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News
Retail Trust raises over £1m
Retailers came out in force last night to lend their support to retail charity The Retail Trust and raise nearly 1.1m at its glitzy London ball.
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News
Retail sales plummet in early January, CBI figures show
Nearly two thirds of retailers experienced a fall in sales volumes in the first half of January, and February is expected to be just as tough.
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News
Redundancy fears at Fortnum & Mason as it consults staff
Iconic Piccadilly department store Fortnum & Mason is to enter in to a consultation period with its 530 staff as it anticipates a “particularly tough” 2009.
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News
UK in recession as ONS reports December retail sales value fall
The UK plunged into recession for the first time since the early 1990s, official figures confirmed this morning.
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News
John Lewis weekly sales up 4 per cent
Department store group John Lewis has continued its strong start to the year with weekly sales up 4 per cent.
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News
Debenhams appoints refinancing adviser
Debenhams has appointed financial adviser Lazard to look at options to revise the department store’s capital structure.
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News
Troubled retailers close more than two in five shops
Financially troubled retailers have been closing more than two in five stores as the economic gloom on the high street deepens.