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Dunelm the homewares retailer has reported that its pre-tax profits for the first half is up by 10.7% to £68.2 million.With six new stores which opened in the first half, the retailer is planning on opening six more in the second half bringing the number of stores to 200.Chief executive,...
It has been reported that New Look’s like-for-like sales fell by 1.7% in its third quarter due to the warm weather last October and November, however its underlying profit was up by 1.8% to £62.8 million.Over the Christmas period the fashion retailer saw online sales shoot up especially around Black...
After more than 70 years, The Co-operative Pharmacy brand is to disappear as part of a revamp by its new owners.The 780 Co-operative Pharmacy stores which employ more than 7,000 staff in Britain will be re-launched under the name Well.The rebranding follows the £620 million takeover of the pharmacies by...
In a comparison to January last year, retail sales have risen 1.6% as people took advantage of the January sales and bought more items such as exercise equipment.With a rise of 0.2% food sales grew showing its best performance since February 2014, while non-food sales had an uplift of 2.7%...
Dhanin Chearavanont, one of the richest men in Thailand, has approached Tesco to buy its business Tesco Lotus in a multi-billion pound deal. The billionaire was rejected but is considering another bid.Mr Chearavanont already controls the retail group Siam Makro in Thailand and acquiring Tesco Lotus would increase his control...
The boss of Asda, Andy Clarke, has once again called for Sunday trading laws to be relaxed after the general election.Mr Clarke said that it was 'fundamentally wrong' that customers had no option but to shop at convenience stores whilst larger stores are forced to close after a maximum of...
Tate & Lyle who make Splenda sweetener has announced that its annual profits would be “modestly below” the forecast it reported in September. The range it suggested was between £230 million to £245 million.The company has been valued at £2.7 billion and has been struggling for the past year with...
Private equity firm CBPE, owner of the Cote restaurant chain, has bought furniture retailer Sofa.com in a deal thought to be worth up to £50 million. The company also announced that the ex-boss of high street jeweller Mappin and Webb will join the company as chairman.Sofa.com was founded eight years...
It has been reported that Yum brands such as KFC and Taco Bell’s sales have fallen in China as it failed to pick itself back up from the food safety scandals with a loss of $86 million (£57 million) in the three months to December, when it made a $321...
Jacqui Markham is returning to Topshop as global design director after being away from the company for nearly two years. The new job will see Jacqui working with creative director Kate Phelan to work with a design team of 60.Ms Markham has replaced Emma Farrow who held the position previously....
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