All International articles – Page 98
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Analysis
Tesco under Lewis: A 'make or break' year looms large for the grocer’s boss
To say Dave Lewis has been on the proverbial rollercoaster ride since taking the Tesco hot seat a year ago would be an understatement.
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Analysis
Retail share prices: Stores fall amid China turmoil but Poundland deal approved
Food and general retailers alike were down with the market as the effects of financial turmoil in China were felt in markets globally.
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News
Samsonite profits jump as retail sales growth outpaces wholesale division
Luggage manufacturer Samsonite has reported a 16.6% surge in half-year sales to $1.19bn (£762m), driven by growth in its retail business.
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Video
Watch: How global grocery sales are forecast to rise by 2020
Grocery sales are poised to rocket in India and Nigeria according to IGD. Find out how other countries will fare over the next five years.
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Analysis
Five consequences of China’s ‘Black Monday’ for retailers
A wave of panic hit yesterday as Chinese stock markets plummeted 9% during the day – their worst daily performance for eight years.
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Opinion
China crisis could take toll on UK retailers at home and abroad
China’s financial fortune cookie looks as if it may be in danger of being smashed to smithereens as investors worldwide dump equities.
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News
Tesco receives three bids in region of £3.74bn for its Korean business
Tesco has received three separate bids worth around 7 trillion won (£3.74bn) for its South Korean business – and could pick a preferred bidder this week.
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Analysis
Ahold reveals steady second-quarter growth as sales rise 3.1%
Dutch market leader Ahold has seen net sales increase 3.1% to €8.69bn (£6.34bn) at constant exchange rates in its second quarter.
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Opinion
What retailers can learn from Benedict Cumberbatch’s Hamlet controversy
To read the commentary on Benedict Cumberbatch’s Hamlet would lead one to assume that a failure of epic proportions is unfolding.
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News
Tesco could delay sale of Korean business as local currency slides
Tesco could earn less than expected from the sale of its Korean business – and could delay the sell-off – after a slide in the local currency.
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News
New BHS owner Retail Acquisitions seeks £70m to fund turnaround
Retail Acquisitions, the new owner of BHS, aims to raise about £70m from the City to fund the retailer’s turnaround plans.
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News
Gadgets retailer Menkind plans expansion after buying competitor Red5
Gadgets and gifts specialist Menkind has bought counterpart Red5 and plans expansion in the UK and overseas.
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News
Retail Diary: Harrods wings it with pop-up and Apple pain for Sainsbury’s
Bruce Dickinson’s jets take flight at Harrods, Sainsbury’s staff experience Apple pain and why diamonds are not Bloomingdale’s best friend.
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News
Alistair McGeorge quits Australian discount retailer Big W
Alistair McGeorge, a former UK retail executive, has resigned as boss of Big W due to “health reasons” amid a complaint about his behaviour.
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News
Fat Face boss on how board reshuffle paved way for online and US growth
Fat Face boss Anthony Thompson has revealed how a board restructure has set the business up for US expansion and online growth.
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News
Fat Face EBITDA falls as retailer plots expansion into the US
Fat Face said its full-year EBITDA dropped 7.1% to £36.5m because of increased investment and “unseasonably warm weather” in its second quarter.
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Gallery
Store of the Week: 9¾ Bookshop & Café in Medellin enchants adults and kids
Decorated to evoke an adventure playground, 9¾ Bookshop & Café in the Colombian city of Medellin appeals to adults as much as children.
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News
TK Maxx owner lifts full-year outlook after strong second quarter
TJX Companies, the owner of TK Maxx and HomeSense, has raised its full-year outlook after a strong performance in the second quarter.
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News
American Apparel admits edging nearer to the brink as losses spiral
Troubled retailer American Apparel has cast fresh doubts over the future of its business as it revealed net losses had widened to $19.4m (£12.4m).
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News
Spanish department store El Corte Inglés faces internal revolt over sale
A disgruntled shareholder of El Corte Inglés has slammed the group’s plans to sell a stake in the business to a Qatari investor.