All General merchandise articles – Page 233
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Poundland profits rocket
Value retailer Poundland has unveiled a 122 per cent rise in operating profit, from 3.5 million to 8 million for the year to March 31.
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Aurum posts robust sales
Baugur-backed jewellery group Aurum has posted annual sales of 261.7 million, an increase of 7.7 per cent on the year and 7.4 per cent on a like-for-like basis.
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Retailers face insolvency in new year
Hundreds of UK retailers face the risk of going bust in the new year.
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Argos aims for 30 smaller stores in London
Catalogue store group Argos has spotted potential for up to 30 smaller stores in London after a successful pilot.
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Harrods sales dodge high street adversity
Harrods has bucked the retail gloom to post record sales in the year to February 2 and continued growth over the summer.
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Retail on the ropes
Sector left reeling as relentless financial crisis leads to dramatic sales slump over past fortnight
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Halfords like-for-likes slip but half year profits in line with expectations
Leisure and cycling retailer Halfords has revealed a 1.1 per cent slip in like-for-like sales in the second quarter but said that half year profits are in line with expectations.
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M&S slashes spending as like-for-like sales drop
Marks & Spencer suffered a 6.1 per cent like-for-like sales drop in its second quarter and has scaled back spending plans as it is hit by falling consumer confidence.
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Harrods announces record sales
Iconic department store Harrods has posted record sales and a profit rise in its full year to February.
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Argos to recruit far fewer seasonal staff this Christmas
Catalogue store group Argos will recruit 15,000 temporary staff this Christmas – a 25 per cent drop on last year’s number.
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NewsWoolworths to launch Store 21 fashion concessions
Woolworths is to launch Store 21 fashion concessions in 16 of its large high street stores in partnership with value fashion retailer QS.
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Consumer confidence down due to banking crisis
Consumer confidence levels dipped at the end of September due to the crisis in the financial markets, after having climbed at the beginning of the month, but consumers are beginning to acclimatise to the downturn according to market researchers GfK NOP.
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Flying Brands acts to counter poor trading
Home shopping group Flying Brands has said it will take action to offset a number of adverse events that will otherwise affect the group’s full-year performance.
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Woolworths would not be missed say 43% of shoppers
Almost half of consumers would not miss Woolworths if it disappeared from the high street, research commissioned by Retail Week has revealed.
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Cabot Circus opening puts Bristol on the map
Cabot Circus – the 1.5 million sq ft mixed-use retail and residential scheme in the heart of Bristol – opened yesterday.
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Marks and Spencer to steam ahead with debut in China
Marks & Spencer will make its much anticipated debut in mainland China next week as it proceeds with international expansion despite punishing domestic trading conditions.
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Selfridges to offer Britdesigner festive hampers
Selfridges has collaborated with renowned British fashion designer Anya Hindmarch to create its Christmas hampers.
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News99p Stores sales up as shoppers pursue value
Value retailer 99p Stores has recorded a 7 per cent hike in like-for-like sales for the calendar year to date as cash-strapped shoppers flood to its shops.
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Beales links up with Allders to save costs
Department store chain Beales has linked up with Allders to achieve greater synergies and economies of scale.