Industry News
Global Intec provides a specialist to professionals within the retail sector and as such are always looking to keep up with industry trends, market intelligence and breaking news.
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Stories 11 to 20 of 58
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Published: Monday, 16th February, 2009
House of Fraser safe after Landsbanki talks
"Landsbanki has met with the HoF's management team and says it intends to hold onto its stake.House of Fraser and Landsbanki issued a joint statement saying senior representatives of both companies have met and held very 'positive discussions'. Landsbanki stated... Read more
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Published: Monday, 16th February, 2009
JJB secures lending extension
"JJB Sports has secured an extension of lending arrangements for a month dependent upon progress with the proposed sale of its fitness clubs division. The retailer, which on Tuesday revealed there had been a number of expressions of interest in... Read more
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Published: Monday, 16th February, 2009
London's January sales strongest in five months
"London retailers enjoyed their highest like-for-like sales in five months during January, when shoppers in the capital were attracted by deep discounts and clearance Sales.London sales were 6.5 per cent higher than a year ago on a like-for-like basis, according... Read more
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Published: Monday, 16th February, 2009
John Shannon rescues Adams
"Former owner John Shannon has bought back the Adams childrenswear brand and the 120 remaining stores.The company fell into administration on New Year's Eve,since when administrator PriceWaterhouseCoopers has closed 147 stores.1,900 jobs have been saved by the deal with Shannon,... Read more
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Published: Thursday, 15th January, 2009
HMV buys into music venues
"HMV will pay almost £20m to become the part owner of 11 live music venues in the UK, funding its venture with an equity placement.The music and books retailer said yesterday it planned an equity placement of up to 5... Read more
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Published: Thursday, 15th January, 2009
Russian considers stake in Evening Standard
"Alexander Lebedev, the Russian billionaire and former lieutenant-colonel in the KGB, is understood to be in close discussions with Daily Mail & General Trust to buy a controlling stake in the Evening Standard. its London evening paper.A person with knowledge... Read more
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Published: Thursday, 15th January, 2009
Middle managers show support for Toyota
"Middle managers at Toyota Motor have a new plan to revive sales and morale at the flagging car company: between now and March, 2,200 of them will be exhorted to buy a new vehicle.Organisers of Toyota's bucho no kai -... Read more
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Published: Thursday, 15th January, 2009
Marks & Spencer targets cost-conscious shoppers with eco campaign
"Marks & Spencer has launched a marketing drive to help cash-strapped shoppers save money by making "green" lifestyle changes.The Plan A Way to Save campaign, which marks the second anniversary of the retailer's environmental programme, enables consumers to cut costs... Read more
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Published: Thursday, 15th January, 2009
Carphone enjoys UK sales growth but margins suffer
"Carphone Warehouse's retail arm Best Buy Europe has reported an 8.3 per cent increase in UK like-for-like sales in the 13 weeks to December 27.But margins and profits have suffered. Overall sales for the quarter rose 13 per cent to... Read more
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Published: Thursday, 15th January, 2009
Mothercare reveals solid Christmas performance
"Mothercare has revealed a solid Christmas performance, with third quarter UK like-for-like sales up 1.1 per cent and further very strong international growth.In the 13 weeks to January 9, total group sales were up 4.2 per cent, with total UK... Read more