Retail news
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Albemarle & Bond sees profits soar
- Posted:
- 21 February 2012 09:47
One of the UK's biggest pawnbrokers unveiled higher profits today after it said its business benefited from a lack of lending by high street banks.Reading-based Albemarle & Bond, which has 174 stores and around 40 gold-buying pop-up shops, said its area of the market, which also includes payday loans, had ...read more
Surprise rise in retail sales
- Posted:
- 17 February 2012 12:31
Uk retailers enjoyed a surprise rise in sales last month, as the January sales period helped to bring shop price inflation to its lowest level in over two years, according to official figures.According to the Office for National Statistics (ONS) the value of retail sales rose 4.4% in January, whilst ...read more
London Fashion Week kicks off in style
- Posted:
- 17 February 2012 12:27
British fashion will be at the forefront of the world stage from today, as London Fashion Week begins.One of the expected highlights will be Stella McCartney's much-anticipated return to London's catwalks, after being famous for preferring to showcase her designs at Paris Fashion Week.The British designer will be holding a ...read more
B&Q on-track for 20% profit rise
- Posted:
- 17 February 2012 12:26
B&Q owner Kingfisher has said that it anticipates full-year profits to be 20% up despite a fall in demand for home improvement and heating products.In a trading statement, the group, which has 360 B&Q stores in the UK and Ireland, said like-for-like sales at the chain fell 2.5% in the ...read more
Reorganising Kingfisher ends year in "robust shape"
- Posted:
- 16 February 2012 11:54
Home improvement group Kingfisher has turned in a solid set of fourth quarter results, with sales up 2.2%. The group also announced changes in its organisational structure.Each of Kingfisher's three main divisions (France, UK & Ireland and Other International) showed sales growth in the 13 weeks to January 28th. This ...read more
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