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Tag: year

Iceland to end plastic packaging of bananas

Iceland has stopped selling bananas in plastic packaging, replacing them with a pre-packaged recycled paper band in its latest move on the war on plastic.

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Dunelm reveals “difficult and disappointing” year

“The core of Dunelm’s business strategy is sound, but needs to adapt”, Dunelm chief executive Nick Wilkinson told shareholders on Wednesday after the retailer revealed it had faced a “difficult and disappointing” financial year. Pre-tax profits rose from £92 million a year before to £93 million, with revenue of £1.1 billion in the year to June 30. READ MORE: Dunelm to see profits drop as “disappointing” footfall bites However, underlying profits fell for the second year in a row (down almost seven per cent year-on-year) as Dunelm continued to grapple with costs associated with its acquisition of Worldstores in 2016






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Asos launches new “coming of age” brand Collusion

This October Asos is set to launch a new affordable brand Collusion aimed at those “coming of age” – which will target Generation Z. A national marketing campaign will be launched alongside the new brand, capturing 100 young people living in the UK who have turned, or will turn, eighteen this year.






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Mondelez CEO: No across-the-board price increases to combat rising commodities costs

Mondelez reaffirms its forecast for the year and set one for next year as new CEO Dirk Van de Put outlines the snack giant's long-term strategy. 






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Oreo cookie maker Mondelez outlines new snack strategy, financial targets

Mondelez International reaffirmed its forecast for the year and set one for next year as new CEO Dirk Van de Put outlined the snack giant's long-term strategy Friday. 






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British fashion house Burberry to stop burning unsold items

Burberry's annual report stated that it destroyed £28.6 million ($37.1 million) of goods for the year ended March 31, 2018, an increase on the £26.9 million in its 2017 financial year. 






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Allbirds takes flight offline with NYC, SF stores

With plans for eight stores across the U.S. this year, including leases in Chicago and Boston, the footwear retailer is making a larger push into brick and mortar.






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Halfords shares jump amid healthy results

Halfords has seen its share jump over six per cent in morning trading after it revealed healthy growth so far this year. In the 20 weeks to August 17, the car and bike retailer posted a like-for-like revenue rise of 2.8 per cent, following growth of two per cent in the same period a year earlier. This was driven by strong sales at its motoring arm, jumping 3.8 per cent while its autocentres enjoyed four per cent growth.






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Boden sales and profits surge amid overseas growth

A growing overseas customer base has enabled Boden to record an increase in full-year profits and sales in its full year report.






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PetSmart fetches new loyalty program

The retailer joins several others this year in revamping rewards in order to keep its best customers close, something it needs badly in a competitive market.






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