All articles by Matthew Chapman – Page 40
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Selfridges profits hit record £150m on the back of surging sales
Selfridges has revealed record operating profits on the back of surging sales following rapid growth of its international online business.
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Ikea sales jump 11.3% as it prepares biggest ever investment in price cuts
Ikea has increased annual sales by 11.3% and unveiled plans for its largest investment into lowering prices.
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Tesco eyes partial sale of banking arm as part of £1bn flotation
Tesco is considering the sale of a stake of its banking arm to raise money as it battles to turnaround the business after an accounting scandal.
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Paperchase increases pre-tax profits and turnover as it prepares for sale
Paperchase has increased pre-tax profits for the year to £741,000 on the back of improving turnover as it gears up for a sale.
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House of Fraser to launch first TV brand campaign in over a decade
House of Fraser will enter the Christmas advertising fray in November with its first TV ad focusing on its brand in over a decade.
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Sainsbury's launches first TV ad in support of Poppy Appeal
Sainsbury’s is launching an animated TV ad supporting The Royal British Legion to mark its 20 years backing the charity.
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The Range positions itself as 'working man's John Lewis' with first national TV ad
Discount homewares retailer The Range is launching a TV campaign this Christmas that aims to position it as a ‘working man’s John Lewis’.
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Christmas sales to increase by £2.3bn this year, says Verdict
Retailers can expect a £2.3bn year-on-year sales increase during the Christmas season, according to a study conducted by Verdict.
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Serious Fraud Office to investigate Tesco accounting scandal
The Serious Fraud Office (SFO) has launched a criminal probe into accounting irregularities that resulted in Tesco’s overstatement of profits.
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Digital receipts firm yReceipts raises funds from click-and-collect pioneer
YReceipts has received investment from backers including the former Argos ecommerce director credited with inventing click-and-collect.
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Tesco first grocer to sign up to government's armed forces covenant
Tesco has become the first UK supermarket to sign a public pledge to support armed forces personnel as part of a “corporate covenant”.
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Macy's to launch first international store in Abu Dhabi in 2018
The first international Macy’s store will launch in Abu Dhabi in 2018 and will be accompanied by sister department store Bloomindgale’s.
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Ocado goes head-to-head with Waitrose as it launches Scan & Shop app
Ocado is launching a Scan & Shop app that allows customers to scan barcodes of products to automatically add them to their baskets.
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Science Museum picks Bluewater for first standalone pop-up store
The Science Museum is due to open its first standalone pop-up store at Bluewater to capitalise on the busy Christmas trading period.
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B&Q aims to reinvent warehouse store with digital services roll out
B&Q hopes to reinvent the warehouse store by rationalising its offer and introducing same-day click-and-collect within two years.
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Target offers free shipping to all customers in run-up to Christmas
Target is offering free shipping on all products on its website in the run-up to Christmas as it seeks to lure customers from rivals.
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October retail sales perform robustly as clothing bounces back, says CBI
High street sales growth remained robust in October as the clothing sector bounced back after a mild September, according to the CBI.
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Google launches research tool with shopping data from 150,000 people
Google has launched a free Consumer Barometer tool offering retailers insights into online shopping based on data from 46 countries.
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Boohoo.com offers customers bricks-and-mortar access with New York pop-up
Online fashion retailer Boohoo.com is offering consumers bricks-and-mortar access to the brand through a pop-up store in New York.
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Office owner gears up for sale or float as it expands internationally
Office is accelerating plans to expand across Europe as the footwear retailer’s owners consider a sale or an IPO of the company.