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5 big takeaways from CES

Retailers played a big role at the Consumer Electronics Show with the first High-Tech Retailing Summit, and Amazon's Alexa absolutely everywhere.

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Retail footfall takes a hit over Christmas

A bad start to the month followed by heavy snowfall has dragged down the footfall figures for one of the most important trading periods of the retail calendar. According to the latest monthly Retail Traffic Index (RTI) compiled by consultancy firm Ipsos Retail Performance, overall UK footfall plummeted by 9.6 per cent last month compared to the same time in 2016






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Game posts growth for first time in 2 years

Game hailed a return to growth for the first time since 2015 thanks to continued cost saving measures and the launch of popular new consoles. Ahead of its annual general meeting later this month, Game revealed a 5.2 per cent rise in group gross transaction value (GTV) in the peak trading period during the 9 weeks to January 6.






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UPDATE: Sears holiday sales plummet 16%

The ailing department store retailer reported another staggering drop in its comparable store sales for the first two months of Q4 as it borrowed another $100 million from its CEO's hedge fund. 






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UPDATE: Sears holiday sales plummet 16%

The ailing department store retailer reported another staggering drop in its comparable store sales for the first two months of Q4 as it borrowed another $100 million from its CEO's hedge fund. 






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Walgreens to debut new store format

Walgreens will unveil the first iteration of its new store format later this spring or in early summer, executives said at the 36th Annual J.






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Sears holiday sales plummet 16%

The ailing department store retailer reported another staggering drop in its comparable store sales for the first two months of Q4 as it also won a new loan.






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Sears warns it will consider ‘all options’ if efforts to refinance $1 billion fail

Sears Holdings said its same-store sales dropped between 16 and 17 percent for the first two months of the fourth quarter.






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41,000 businesses referred to bailiffs months after rates revaluation

Tens of thousands of businesses across England and Wales are thought to have been referred to bailiffs in the first five months of the business rates revaluation.






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Bookstore chains, long in decline, are undergoing a final shakeout

“The internet is killing retail. Bookstores are just the first to go,” Bill Streur, Book World's owner, tells The New York Times.






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