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Tag: the-retailer

Co-op considers £300m sale of insurance arm

The Co-op is considering a sale of its insurance arm for around £300 million in order to free up capital to invest in other initiatives. According to Sky News , the retailer has called in the aid of Fenchurch Advisory Partners to help sound out buyers for its insurance subsidiary. Although the retailer is understood to have already approached buyers, it has not yet decided whether it will definitely sell the insurance business, which employs over 1000 people

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Build-A-Bear Workshop ‘Pay Your Age’ deal gets a makeover

Days after massive crowds forced Build-A-Bear Workshop to cut short its “Pay Your Age” promotion, the retailer has found a way for all of its loyal shoppers to take advantage of the deal.






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J.C. Penney revamps Arizona private label for back to school

It's just one more move by the retailer to earn back lost shoppers and gain credibility with younger consumers. 






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Walmart reportedly shopping Japanese supermarket chain

If a deal goes thorough, this would be the retailer's third major international pullback this year.






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M&S warns there could be even more store closures & job cuts

Marks & Spencer has hinted that there could be even more job losses and store closures as it powers on with its radical turnaround scheme. Speaking at the retail bellwether’s AGM yesterday, chairman Archie Norman said the size of the M&S store portfolio had become a “drag” on its performance






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242 jobs cut as Poundworld closes 25 stores

Poundworld’s administrators have announced the closure of 25 stores, placing hundreds of jobs on the chopping block. After officially appointing Deloitte as administrators last month, the retailer is now due to close 25 of its 335 stores from July 15, making 242 employees redundant.






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Judge tosses lawsuit over L.L. Bean’s limited guarantee

The plaintiff argued that changes restricting the retailer's former lifetime guarantee harmed customers who expected to benefit from the policy. The court said he had no case






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Amazon drives 80% of US e-commerce

As Prime Day looms, the retailer's dominance is expected to grow, but competitors — especially those selling electronics — are piling on.






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The Container Store unveils ‘next generation’ store in Dallas

As it mulls changes to other stores, the retailer is inviting shoppers at its remodeled flagship to provide feedback on new merchandising and tech design tools.






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Why Target would welcome tougher data regulations

At Cannes Lions, the VP of marketing for the retailer's media network predicted marketers who haven't invested in data protection will lose ground going forward.






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