All Health & beauty articles – Page 92
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OpinionNick Bubb's verdict: Marks & Spencer's problems go beyond management instability
Management stability counts for a lot in business, but at Marks & Spencer the top management team always seems to be chopping and changing, so what are we to make of the latest reshuffle announced today?
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NewsJubilee boost for June retail sales
Like-for-like sales jumped 1.4% in June against a 0.6% fall a year ago as the Jubilee weekend drove shoppers on to the high street, according to the British Retail Consortium (BRC) – KPMG Retail Sales Monitor.
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NewsSavers almost back in black after turnaround
Value health and beauty retailer Savers, sister company to Superdrug, is heading back into the black for the first time since 2005 as it concludes a four-year turnaround plan.
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OpinionA good merger’s like a good marriage
Transatlantic miles of column inches have been inspired by the recently announced merger of Alliance Boots and Walgreens.
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AnalysisAnalysis: What ails the health food market?
It was a double blow for the health food industry this week when confectionary retailer Julian Graves fell into administration and the UK arm of Whole Foods reported widening losses.
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OpinionComment: UK health food market fails to capture consumer interest
The UK arm of the US health food retailer Whole Foods Market’s has reported that its losses have widened in the UK.
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News
Schlecker to shut remaining XL stores
Insolvent drugstore chain Schlecker was to shut its remaining 350 XL stores following the closure of its eponymous shops this week.Initially, the retailer planned to sell these larger stores together with its more upscale Ihr Platz banner.However, the committee of its creditors decided there was no economically feasible future for ...
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NewsHolland & Barrett profit up as sister company Julian Graves remains in administration
Health and beauty retailer Holland & Barrett has posted a pretax profit surge of 19.4% to £60m, a day after its sister company Julian Graves collapsed into administration.
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NewsJulian Graves collapses into administration
Health food specialist Julian Graves has hit the buffers and Deloitte has been appointed administrator.
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News
Drugstore group Walgreens reports sales decline
Drugstore group Walgreens reported that sales declined 3.4% to $17.8bn (£11.4bn) for the third quarter ended May 31.Net earnings fell by 10.8% to $537m (£345m), impacted by the retailer no longer being part of the Express Scripts pharmacy provider network, as well as costs associated with entering into a strategic ...
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AnalysisTransatlantic tie-up creates healthy future for Alliance Boots
Stefano Pessina of Alliance Boots and Gregory Wasson of Walgreens tell Tiffany Holland about their plans to create a strong global partnership.
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NewsOcado takes on specialists with dedicated websites
Pets, DIY and health and beauty to become new battlegrounds.
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News
Drugstore operator dm shows interest in Schlecker
Drugstore operator dm has shown an interest in insolvent retailer Schlecker.It is likely that dm is interested in Schlecker’s ecommerce operation.At present dm offers its private labels via Amazon, rather than operating its own online operation – a move it doubts would be profitable.
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NewsDebenhams sales rise but margins hit
Department store group Debenhams has posted strong sales growth after making the most of red-letter periods such as Easter and the Queen’s Diamond Jubilee but gross margin was affected by a shift in the sales mix because of wet weather.
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NewsThe Perfume Shop appoints new commercial director
The Perfume Shop has appointed Keran Fordham as its new commercial director.
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OpinionPreserving the status quo at Morrisons and Boots
Seismic shifts and changes of direction at Morrisons and Boots should be strongly resisted.
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NewsBoots backs Portas Pilots
Boots is backing Mary Portas in her quest to turn around Britain’s ailing high streets.
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NewsThe Hut Group raises £4m to launch new site
Online group The Hut has raised £4m in equity from existing shareholders to help launch new site MyVitamins.com in August.
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OpinionBoots’ Walgreens deal creates a retail giant
In selling a 45% stake in Alliance Boots to the US pharmacy giant Walgreens, owner Stefano Pessina has struck perhaps the most significant deal for a UK retailer since the Walmart acquisition of Asda and realised his own dreams of transforming the Boots brand.
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NewsAlliance Boots in talks with Musgrave about food tie-up
Alliance Boots is in discussions with food manufacturer Musgrave, supplier to Budgens, about stocking its food products in stores.