All General merchandise articles – Page 219
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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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Woolworths bought by Shop Direct Group
Woolworths will be relaunched as an online store after the brand was bought by Shop Direct Group owners the Barclay brothers.
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Deal for Woolworths brand imminent
A deal for the purchase of the Woolworths brand is imminent, but Woolworths’ former stores chief Tony Page’s hopes to acquire the brand are dashed.
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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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Jessops losses widen
Camera specialist Jessops has reported widening losses in its full-year results as the digital camera market showed a sharp slowdown.
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WHSmith on growth trail despite sales dip
WHSmith is eyeing several former Woolworths stores as it seeks to extend its portfolio by 44 shops by the end of its financial year in August.
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Falling confidence hits younger customers
Consumer confidence dropped again this month and is also beginning to hit younger consumers.
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NewsB&M Bargains and Home Bargains outline stores drives
Value retailers B M Bargains and Home Bargains are pushing ahead with ambitious expansion plans in a bid to cash in on shoppers’ thirst for bargains.
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M&S adopts in-store outlet model in value hotspots
Marks & Spencer is to open outlet shop-in-shops in some of its high street stores in a departure from its traditional practice.
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Argos confirms it will discontinue Indian trial
Argos parent company Home Retail Group has confirmed that it will discontinue its trial in India, in a move first predicted by Retail Week.
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Marks & Spencer to roll out SAP Retail with help from IBM
Marks & Spencer is to introduce a set of applications from SAP Retail to its business to reduce costs and improve operating efficiencies.
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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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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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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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WHSmith maintains margins in challenging trading conditions
WHSmith's like-for-like sales fell 5 per cent in the 20 weeks to January 17 but it has continued to maintain strong gross margins across the business.
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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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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.
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Argos changes tack on prices
Catalogue store group Argos has jettisoned a long-standing element of its price promotion strategy and introduced a new marketing strapline to emphasise its value credentials.
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AnalysisRetail staffing: Power to the People
Backing UK Retail isn’t just about the role the industry plays in the economy – it’s about the part it plays in communities too. Charlotte Hardie asks how store jobs have helped local people
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Flurry of interest for Marks & Spencer stores
Marks & Spencer has received a flurry of interest from retailers wanting to take over the stores it has earmarked for disposal.