All General merchandise articles – Page 259
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Wal-Mart to test smaller shops on Tesco’s US turf
Wal-Mart is expected to take a cautious approach to the roll-out of its smaller-format grocery stores, which are set to launch in the US this summer.
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Borders to keep Books etc
Borders UK’s new owner Risk Capital Partners has vowed to retain its Books etc fascia, ditching the previous management’s plan to dispose of the chain.
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Hamleys to wow shoppers with flagship facelift
World-famous toy retailer Hamleys is to embark on a wide-ranging makeover of its flagship Regent Street store within the next month.
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Pampered pooches spur on Pets at Home
While many retailers suffered a dog of a Christmas, heavy spending on presents for pets delivered a seasonal sales surge for specialist Pets at Home.
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Flying Brands issues another profit warning
Home shopping group Flying Brands has issued a second profit warning as it continues to reel from the effects of the postal strike.
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Paperchase ramps up store growth as sales stay strong
Stationery retailer Paperchase will forge ahead with expansion in the UK, after reporting strong like-for-like sales over the Christmas period.
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Woolies is shining light as Tesco and M&S updates add to gloom
Woolworths managed to lighten the gloom with the news that its retail arm will return to profit this year, but the sector was still down following lacklustre updates from Marks & Spencer and Tesco.
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Carphone Warehouse warned over breach of customer data
Carphone Warehouse faces prosecution for the way it has been handling customer information.
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M&S steps up Plan A with ethical factories
Marks & Spencer will work with suppliers to create six “ethical factories” to bolster its commitment to improved labour standards in developing countries.
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Home Retail profit lifted by Argos Christmas success
General merchandise giant Home Retail expects full-year profits to be at the upper end of expectations after sales at catalogue chain Argos held up over Christmas.
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NewsArev buys majority stake in Aspinal of London
Retail investment group Arev has taken a majority stake in luxury leather goods retailer Aspinal of London.
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WHSmith adopts document manager for accounts
WHSmith has implemented a document management system to increase productivity in its accounts department.
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Woolworths vows to return stores to profit this year
Woolworths’ retail arm unveiled a fall in comparable sales this morning, with like-for-likes down 3.2 per cent for the 49 weeks to January 12, but said that the stores business would return to profitability this year.
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Clinton Cards enjoys positive Christmas
Clinton Cards, the UK’s largest specialist greetings card retailer, reported group like-for-like sales for the Christmas period up 2.5 per cent.
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M&S fills second anchor spot at Leeds scheme
Marks & Spencer has signed as the second anchor at Hammerson and Town Centre Securities’ Eastgate Quarters scheme in Leeds.
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Blacks Leisure unveils turnaround plan
Blacks Leisure expects full-year profits to be below market estimates, although like-for-like sales over Christmas rose 2.8 per cent and total sales climbed 2 per cent.
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Theo Fennell Christmas sales rise
Theo Fennell, the AIM-listed jeweller, has posted a 2 per cent rise in sales for December.
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Ideal Shopping Direct sales rocket
TV and internet retailer Ideal Shopping Direct unveiled a sharp sales hike for the 17 weeks to December 30, 2007.
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Instore Christmas sales flat
Variety store group Instore has reported flat trading over the Christmas period, after positive sales growth in its second half slowed in December.
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Landmark fuels bid talk as it ups Debenhams stake
Dubai-based Landmark Group, headed by retail guru Micky Jagtiani, has edged up its stake in Debenhams to 8 per cent in a move that will further fuel speculation that it is to bid for the retailer.