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John Lewis Partnership buoyed by Father’s Day sales

June 20, 2018

The John Lewis Partnership has bounced back after a small blip last week, recording a two per cent uptick in overall weekly sales to £218.99 million. The eponymous department store division was the star division of the partnership, with customers buying Father’s Day gifts boosting sales by 5.7 per cent year-on-year. The fashion department had a strong week with sales up 10.9 per cent, with driven by a 19.7 per cent surge in menswear thanks to Father’s Day

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Trouva expands to Germany

June 20, 2018

Trouva, the UK-based curated online marketplace for independent bricks-and-mortar retailers, has taken formally launched in Germany in its first step to global expansion today. Just as it does in the UK, Trouva will be offering independent retailers based in Berlin an online customer base through its marketplace, as well as in-store technology such as inventory management software, real-time logistics platform and AI machine learning.






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Sports Direct divests from JD Sports’ newly-acquired Finish Line

June 20, 2018

Sports Direct has divested all interest in UK sportswear retailer Finish Line, just a day after rival JD Sports completed its $558 million (£396 million) acquisition. Sports Direct had built up a 19.3 per cent stake in Finish Line but the company has now fully disposed of its interest in the retailer. READ MORE: JD Sports’ completes $558m Finish Line acquisition The news comes after Sports Direct denied speculation that it would stand to make £80 million from its rival’s takeover of Finish Line.






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Amazon launches 4th private fashion brand Meraki

June 20, 2018

Amazon has launched its fourth own-brand fashion line Meraki aiming to break into the essential-wear market with its new simplistic range. The “modern wardrobe essentials” line includes both menswear and womenswear, focusing on high quality fabrics and simple, timeless shapes and block neutral colours. READ MORE: Amazon launches Truth & Fable occasion-wear range It joins the fast expanding range offered by the online retailer’s subsidiary Amazon Fashion, alongside women’s occasion-wear brand Truth & Fable, street style-focused Find and lingerie brand Iris & Lily.






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Over half of shoppers are worried about the high street’s future

June 20, 2018

Shoppers are calling for more shops and services on the high street with a majority of them feeling pessimistic about the future of their local shopping district. According to new government research into shopper and retailer sentiment ahead of the Great British High Street Awards 2018, found that 21 per cent of shoppers said there wasn’t enough shops and services on their high street to meet their needs






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Rent-A-Center faces possible downgrade on debt concerns

June 20, 2018

As Moody's mulls downgrading the rent-to-own retailer's credit after a buyout deal, S&P analysts expect the sale to help Rent-A-Center's financial position in the short run.






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Kmart opens inside a Brooklyn Sears store

June 20, 2018

As the once-iconic retailer continues to shutter stores, this new cross pollination may give customers a better reason to walk through its doors.






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CVS expands home delivery to nearly all stores

June 20, 2018

With Amazon going quiet on the notion of adding prescription sales, the move solidifies CVS Health's position, especially with seniors.






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J. Crew taps West Elm creative as chief design officer

June 20, 2018

Johanna Uurasjarvi and J. Crew CEO Jim Brett worked closely together at both West Elm and Urban Outfitter's Anthropologie banner






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L.L. Bean sets up camp with outdoor co-working pop-ups

June 20, 2018

Unlike J. Crew's effort with co-working startup WeWork, L.L






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