All General merchandise articles – Page 222
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Negative trading statements soar in fourth quarter
Stores unveiled a record number of negative trading updates during the the fourth quarter of 2008 – a figure that has only ever been equalled in the first quarter of 2005.
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John Lewis Christmas like-for-likes flat
John Lewis has revealed that total sales rose 2.4 per cent excluding VAT and like-for-likes remained flat in the five weeks to January 3.
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Retail rents fall for first time in 15 years
Retail rents fell for the first time in 15 years in 2008 and are not expected to return to growth until 2013.
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Woolworths' lenders to rake in cash after retailer's collapse
Woolworths’ lenders are in line to receive millions of pounds in fees following the collapse of the retailer.
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Woolworths store closures delayed
The closure of 200 Woolworths stores which was due to take place today has been delayed by a day.
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Woolworths closures start
200 Woolworths stores closed on Saturday ahead of the chain's final closure on January 5.
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11th hour Woolworths deal could save 125 stores
The fate of Woolworths is now hanging on a 30 million deal that could see the failed chain stay on the UK high street in 125 stores.
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Tesco to launch £100 million sale on Boxing Day
Tesco is the latest in a long line of retailers to announce its biggest ever sale.
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Debenhams post-Christmas Sale to be 'biggest ever'
Debenhams has unveiled plans for its biggest ever Sale with thousands of products up to 70 per cent off across its stores.
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Retailers' pre-Christmas Sales to hit new record
Retailers will embark on the biggest ever pre-Christmas Sales drive from now until Christmas Eve in a last-ditch attempt to lure shoppers onto the high street.
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M&S online Sale to begin on Christmas Day
Marks & Spencer will launch its post-Christmas Sale online on Christmas Day and open the majority of its stores at 6am on December 27 for the start of its Sale in stores.
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Hundreds of retailers poised to collapse next year
Hundreds of retailers will hit the buffers next year as the recession kicks in, according to a retail insolvency expert.
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Mixed reports on crucial weekend trading
There have been mixed reports this morning about weekend trading that retailers hoped would bring a last minute Christmas rush onto the high street.
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Sir Geoff Mulcahy in 11th hour rescue talks for Woolworths
Update: Deloitte has released closing dates for all of Woolworths' stores while former Woolies boss Sir Geoff Mulcahy will today talk with Ardeshir Naghshineh, the company's biggest shareholder, about a possible 11th hour rescue plan for the pick and mix retailer.
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Marks & Spencer reveals zero-emission van
Marks & Spencer has unveiled its first Modec battery-powered, zero-emission delivery van as part of its Plan A environment-friendly overhaul.
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Retail insolvency practice set for reform
Retail insolvency regulations will come into force next year, designed to stymie quick sales of retailers in administration.
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Poundland to open more stores
Poundland plans to open a further 35 stores in its next financial year as it continues to benefit from the consumer downturn.
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HobbyCraft profits climb
Arts and crafts retailer HobbyCraft has revealed its pre-tax profits climbed 10 per cent to 3.2 million in the year to February 24, 2008, while its profits for this year are “well ahead of forecast”.
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Tesco slashes optical prices in Christmas Sale
Tesco has added prescription glasses to its Sale as it seeks to drive shoppers through its doors in the key Christmas trading period.
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Costco’s US sales lift offsets overseas drop
US discount retailer Costco has reported a rise in sales in its home market for the first quarter of its 2009 financial year, offsetting a decline internationally.