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Fashion retailer Next has said it is going to hit its annual sales and profit forecasts after seeing a 3.5% increase in full price sales in the first half of its financial year.Figures show that Next’s retail sales increased by 0.8%, along with catalogue sales and Next Directory online rose...
It has been announced today that Destination Maternity, a US maternity clothing retailer has a new concession at Harrods called A Pea in the Pod, on the fourth floor neighbouring childrenswear.The concession includes A Pea in the Pod's denim collection as well as AG Jeans, JOE’S Jeans, PAIGE Denim, 7 For...
Home Retail Group has appointed Ella Bennett, formerly of information technology solutions company Fujitsu as group HR director. She will take up her post on August 3rd. Ms Bennett was HR Director for the UK and Ireland at Fujitsu, as well as previously serving as transformation director, responsible for leading a...
LaSalle Investment Management has sold the Snipe Retail Park to Orchard Street Investment Management on behalf of St James's Place. The park is host to 15 retailers, including B&Q, Next and Dixons Carphone.Tom Chadwick, investment transactions manager at Orchard Street, said: “Snipe Retail Park is an excellent addition to our...
Owner of Alton Towers, Merlin Entertainments, say The Smiler crash that happened in June this year may affect profits by up to £47 million.With the theme park temporarily closing due to four people being seriously hurt, the owners said the accident had “an adverse impact on trading” at the beginning...
Low cost airline Ryanair has announced today that it has seen a 25% increase in quarterly profits and reports that its full-year results will be at the higher end of expectations.Figures show that for the three months to June, net profits were EU245 million (£174 million) which is EU197 million...
The Government’s new Fit for Work scheme is beginning its rollout. The free service is aimed people that have been on long-term sick leave.Occupational health assessments have begun to help people who have been in work for four weeks or longer get back into work.GPs in the active areas where...
It has been reported today that online giant Amazon’s shares have shot up more than 18% after the popular e-tailer announced better-than-expected sales and profit figures.Figures show that Amazon saw a $92 million profit in comparison to the same period the previous year where it saw a $126 million loss....
Bookmaker Ladbrokes has announced plans to merge with Gala Coral, in a deal predicted to value the newly created business at £2.3 billion.Combining Ladbrokes' 2,100 shops with Coral's 1,845, will take them past the current high street leader, William Hill.Jim Mullen who is currently Ladbrokes chief executive, will become the...
DFS has announced a 7% increase in sales over the past year, as well as plans for further expansion in the Netherlands.In 2010, the sofa and soft furnishings giant was acquired by Advent, a private equity firm and has performed well ever since. In March this year, Advent put DFS...
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