Month: April 2018
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Apr- 2018 -6 AprilHigh Street
Sainsbury’s ‘considered’ Mothercare acquisition
Sainsbury’s considered acquiring embattled retailer Mothercare but decided against making an offer, it has emerged. According to the Press Association…
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6 AprilNews
Co-op profits rise as membership increases by 1.2 million
Co-operative has reported a 25% increase in underlying profit before tax, improving business performance. The retailer reported profits before tax…
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6 AprilEconomy
UK retail sees second worst month on record for in-store sales
Like-for-like (LFL) in-store sales were down by 10.1% in the month of March, making it the second worst figures on…
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5 AprilAdvice
Embracing advanced, real-time analytics
The last few months have presented a challenge for traditional bricks-and-mortar retailers in the UK. High street sales have continued…
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5 AprilHigh Street
Conviviality goes into administration
Drinks retailer and wholesaler Conviviality has filed for administration just a day after selling its wholesale business. Administrators PwC released…
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5 AprilShopping Centres
Hammerson delays Intu takeover amid Klépierre approach
Hammerson has delayed it acquisition of British rival Intu while the intentions of French shopping centre giant Klépierre “remain unclear”.…
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5 AprilSupermarkets
Co-op to open trio of stores in Worcester
The Co-op is set to open three new food stores in the Worcester area following a £2.25m investment. A store…
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5 AprilNews
HMV CEO resigns after five years at the helm
HMV chief executive, Ian Topping, has resigned in order to “take on a variety of part time challenges”. After leading…
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5 AprilHigh Street
Magners cider owner buys Conviviality wholesale division
The owner of Magners cider, C&C, has completed a deal to acquire Conviviality’s wholesale distributors. The beverage supplier and retailer…
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4 AprilSupermarkets
Grocery sales remain strong despite frosty weather
The latest grocery market share figures show that grocery sales increased in value by 2.5% compared to the same period…
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