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House of Fraser has announced healthy sales figures for the festive period. Black Friday saw its total sales up 10% compared to the previous year and its biggest ever online sales day; up 40% on the previous year. From the week of Black Friday to January 2nd, like-for-like sales were...
Department store Debenhams has announced that it had great sales over Black Friday and Christmas, as like-for-like figures increased 1.9% in the 19 weeks to 9th January, against the expectations of 0.3% expected by analysts and a 12% rise for online sales. Other figures show that Debenhams was processing 220 orders...
Supermarket chain Morrisons has reported today that its sales over the festive period were better than expected and beat the previous year, showing an increase of 0.2% on like-for-like sales in the nine weeks to January 3rd, excluding fuel. Analyst Paul Thomas from Retail Remedy, commented that the supermarket’s figures were...
It has been reported that fashion retailer Jack Wills has appointed a number of senior management to strengthen its team as the company plans the next stages of growth. One of the senior management team will be pervious CFO of Whistles Phil Mickler, who will join the company as “an experienced...
Fashion website Atterly, which was backed by former Tesco boss Sir Terry Leahy, has gone into administration. The e-tailer, announced its plans to expand internationally last year, with chief executive Sally-Anne Newson telling Vogue at the time: “We have big ambitions, in fact our goal is to be £100million by 2020. We've...
Supermarket chain Asda has announced that it will spend a further £500 million on price cuts as part of “radical action to win back our customers". In November 2013, Asda said that it would be spending £1 billion on price cuts over the next five years in order to combat the...
It has been reported that other parties are interested in purchasing Home Retail Group, owners of Homebase and Argos, following the news that Sainsbury’s had made an offer. Other potential suitors include former Tesco boss Sir Terry Leahy who is partnered with Clayton Dubilier & Rice, and investor group Apax, following...
Fashion retailer Blue Inc has reported that hundreds of jobs will be lost and stores will be closed as part of a restructuring after the UK experienced warmer weather, which affected its winter clothing sales. Once chaired by ex-Marks & Spencer boss Sir Stuart Rose, Blue Inc has said that around...
Bonmarché has appointed Geraldine Higgins as product director. Ms Higgins will be responsible for driving and implementing the women's fashion retailer’s product strategy whilst working with the trading board to drive the broader company strategy. With extensive experience in the fashion sector, she previously worked as brand director at Monsoon, and was...
Hornby has announced its new range of products for 2016 which will be presented at toy fairs around the world and will include London, Nuremberg and Hong Kong and the company has said that it will not disappoint. New products will include highly detailed train sets, with new buildings and accessories...
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