Feb. 2 (Bloomberg) — Amazon.com Inc., the world’s largest Internet retailer, will have to give publishers more control over the prices of digital books to match an agreement forged with Macmillan, according to the Authors Guild.After saying that Macmillan could set prices for Kindle versions..
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Publishers Seek E-Book Price Control
Feb. 2 (Bloomberg) — Barnes & Noble Inc. rose 9.3 percent in New York trading after the bookseller’s largest outside shareholder, Ron Burkle, asked it to waive a provision preventing unwanted takeovers and allow him to acquire as much as 37 percent of the shares.Barnes & Noble surged $1.67 to…
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Barnes & Noble Jumps; Burkle Seeks Poison-Pill Waiver (Update1)
You are here: News / Battery recycling not all down to retailers Retailers cannot be expected bear the entire responsibility for getting batteries recycled, says the BRC As a new requirement for shops to collect used batteries came into force on MOnday 1st February, the BRC said retailers back…
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Battery recycling not all down to retailers
2 February, 2010 | By George MacDonald Investors and shareholder advisory groups have criticised the pay package awarded to incoming Marks & Spencer chief executive Marc Bolland. You must be a paid subscriber to Retail Week magazine to read this article and receive complete, unrestricted access… Drapers – Bolland’s M&S pay deal ‘ridiculous’, say shareholders Drapers – Marc Bolland to take up M&S role from May Retail Week – Marc Bolland to join Marks & Spencer on May 1
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Anger over Marc Bolland’s M&S pay deal
1 February, 2010 | By Jennifer Creevy New Look is preparing for an inital public offering in March that could value the fast fashion retailer at up to £2bn. You must be a paid subscriber to Retail Week magazine to read this article and receive complete, unrestricted access to retail-week.com… Retail Week – John Lewis to open Olympic Games shop Retail Week – Morrisons to train 5,500 apprentices Retail Week – B&Q embroiled in row as Titchmarsh fronts campaign Retail Week – Fresh & Easy expands gluten-free products
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New Look prepares for March IPO
Federal consumer safety regulators on Friday announced the recall of “The Princess and The Frog” pendants sold at Walmart stores because of high levels of the toxic metal cadmium, an unprecedented action that reflects concerns of an emerging threat in children’s jewelry.The recall affects two… KOAT – Walmart Pendants Recalled Over Cadmium Levels 53 min ago
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Walmart Pendants Recalled Over Cadmium Levels
The eight schools that make up the Ivy League collectively lost $26.6 billion last year, according to a report released Thursday by the National Association of College and University Business Officers and the Commonfund, which manages investments for nonprofit institutions. Just how much is $26.6…
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Ivy League Endowment Meltdown
As it turned out, the Sam’s Club initiative to outsource its in-store demonstration program was only the first and in some ways least of several initiatives that Walmart (WMT) decided it was going to announced as January ends, yet the overall goal seems to remain the same, to streamline… Forbes – Billionaire Brothers Tie Up With Walmart
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Walmart Squeezes Organization, Boosts Outside Alliances
29 January, 2010 | By Eve Oxberry Private equity firm Lion Capital has bought 100% of the long-term debt of La Senza, after months of uncertainty over the lingerie retailer’s future. You must be a paid subscriber to Retail Week magazine to read this article and receive complete, unrestricted… Drapers – Lion Capital secures future of La Senza
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Lion Capital buys up La Senza debt
WASHINGTON (MarketWatch) — Amazon.com Inc. reported a 70%-plus increase in fourth-quarter earnings thanks to strong holiday sales of media products, electronics and other items.The company issued a sales forecast for the current period that was ahead of Wall Street’s expectations, and also…
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Amazon profit surges on holiday sales
U.S. stock futures extended gains Friday after data from the Commerce Department showing 5.7% growth in the fourth quarter. Microsoft /quotes/comstock/15*!msft /quotes/nls/msft (MSFT 29.16, -0.51, -1.72%) and Amazon.com..
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Before the Bell: Microsoft, Honeywell, Amazon.com, GDP in view
After some heated back-and-forth and an eventual vote of 70-30, the Senate confirmed Ben Bernankeâ??s second term Chairman of the Fed yesterday. The New York Times notes that the vote â??was the weakest endorsement ever extended to a chairman in the Fedâ??s 96-year history.â?? The…
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Ben Bernanke Wins A Second Term
29 January, 2010 | By George MacDonald Pent up demand following snowy weather helped lift sales at department store chain John Lewis by 15.7% to £51.2m in the week to January 23. You must be a paid subscriber to Retail Week magazine to read this article and receive complete, unrestricted access…
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Thaw drives sales rise at John Lewis
HONG KONG (MarketWatch) — Shares of global buying agent Li & Fung Ltd. were up more than 10% in Hong Kong on Friday after the company announced a strategic alliance with Wal-Mart Stores Inc. that could see it supply $2 billion worth of goods to the U.S.
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Li & Fung shares rally on Wal-Mart sourcing tie-up
These are two Cricket cell phones that rarely go on sale. These are premium phones for an insane discount price! Cricket CAPTR Sale – Save 50%! Now just $59.99 You save $70! Limited time offer. Save 60% on the Kyocera S1300 – Now Just $39.99 Save $60! Limited time offer.
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Cricket Cell Phone Blow-Out Sale!
You must be a paid subscriber to Drapers magazine to read this article and receive complete, unrestricted access to drapersonline.comDrapers Subscribers: If you are a Drapers subscriber please sign in with your email address and click submit:Not a Drapers subscriber? Choose one of these options: Drapers – Matalan records bumper Christmas sales Retail Week – Christmas sales soar at Matalan Drapers – Tesco trials school uniform embroidery service Drapers – Tesco celebrates strong Christmas as clothing performs well Drapers – December clothing sales reach five-year high Drapers – BFC announces designer fund shortlist Drapers – Happit and Ellie Louise bought out of administration
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Nick Samuel joins knitwear brand N.Peal
Forget ‘What are your strengths and weaknesses?’ If you want to get the real dope on prospective employees, ask job candidates these seven questions. As noted by my BNet colleagues, Google releasing the Nexus One phone is a dangerous step. The problem I see is a classic one: The easiest..
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Bed, Bath & Beyond’s Prospects Excite Enthusiasm, Especially at Bed, Bath & Beyond
IHS Global Insight analyst Rebecca Lindland met with Reuters TV and text reporters at the Detroit auto show to discuss the industry, including electric and small cars, GM, Chrysler and Toyota, and auto shows past and future. About electric cars: “We will eventually see electric cars, mostly..
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Auto show-IHS Global Insight analyst’s thoughts
Today’s column includes a rosy outlook from Tiffany & Co. (TIF), eco-friendly production plans from Ford Motor Company (F), a stronger-than-expected forecast from Hartford Financial Services (HIG), and a couple of bullish notes for Under Armour, Inc. (UA).
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Early Edge: Tiffany & Co., Ford Motor Co., Hartford Financial Services, and Under Armour
Tuesday, 12 January 2010 UK retail sales values rose 4.2% on a like-for-like basis from December 2008, when sales had dropped 3.3%, due to turmoil in financial markets hitting consumer confidence. On a total basis, sales rose 6.0% against a 1.4% decline in December 2008.Food sales growth picked… The Retail Bulletin – December sales stronger than expected says BRC
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BRC reports strong retail sales for December
Tuesday, 12 January 2010 Tesco has delivered its strongest Christmas performance in three years, with its Double Clubcard scheme contributing to a rise in sales.In the UK, like-for-like sales, excluding petrol and VAT, rose 4.9% in the six weeks to 9 January, while its Double Clubcard points… Marketing Magazine – Tesco enjoys strongest Christmas performance in three years The Retail Bulletin – Tesco delivers record Christmas sales.
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Tesco enjoys best Christmas sales for three years
Jan. 12 (Bloomberg) — Harvard University, which has almost doubled its debt burden in three years, begins selling about $400 million of tax-exempt bonds today as it finances part of a scaled-back campus expansion plan.Harvard, the world’s richest college, will use the proceeds to finance..
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Harvard Borrowing $400M for Smaller Expansion
You are here: News / Grocery sector enjoys bumper Christmas. The latest TNS Worldpanel grocery market share figures for the 12 weeks ending 27 December 2009, provide post-Christmas cheer for the UK’s major retailers with a return to confident consumer spending.
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Grocery sector enjoys bumper Christmas.
12 January, 2010 | By Jennifer Creevy Debenhams has reported like-for-like sales up 0.1% for the 18 weeks to January 2 and warned that the economic environment remains uncertain. You must be a paid subscriber to Retail Week magazine to read this article and receive complete, unrestricted access… Drapers – Christmas sales flat at Debenhams
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Debenhams Christmas like-for-likes up 0.1%
12 January, 2010 | By Lisa Berwin Topps Tiles said that its current financial year has started well with like-for-like sales in the UK up 5.5% in the 14 weeks to January 3. You must be a paid subscriber to Retail Week magazine to read this article and receive complete, unrestricted access to..
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Topps Tiles signals return of consumer confidence after strong first quarter
You are here: News / Huge demand for carbon labels on food products found in survey of 400+ supermarket shoppers 72% of consumers want carbon labels on food products, according to new research among over 400 supermarket shoppers by Newcastle Business School, Northumbria University. The findings…
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Huge demand for carbon labels on food products found in survey of 400+ supermarket shoppers
You are here: City and Corporate / Blacks Leisure mulls equity fundraising Group considering equity fundraising in the first quarter of 2010 to raise between 15m and 20m depending on investor demand. “Proceeds from the potential fundraising being announced today would allow us to accelerate… BBC – Blacks Leisure ‘begins recovery’
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Blacks Leisure mulls equity fundraising
8 January, 2010 | By Amy Shields Scottish value chain Happit has hit the buffers this week after poor trading conditions impacted sales. You must be a paid subscriber to Retail Week magazine to read this article and receive complete, unrestricted access to retail-week.com Retail Week Subscribers:… Retail Week – Strong Christmas brings cheer to House of Fraser Retail Week – Co-op reports Christmas like-for-likes up 5% Retail Week – Poundland festive like-for-likes up 4.4% Retail Week – Shoppers return to premium food lines at Christmas Retail Week – Spar festive total sales jump 10.3% Retail Week – D2 bought back by its management team
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Value clothing chain Happit in administration
8 January, 2010 | By George MacDonald Fashion group Ted Baker has posted a 19.1% increase in retail sales over Christmas and attributed the performance to its innovative product. You must be a paid subscriber to Retail Week magazine to read this article and receive complete, unrestricted access..
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Innovative product drives strong Christmas for Ted Baker
By Grant McCool NEW YORK (Reuters UK) – A former director of McKinsey & Co told a court on Thursday that Galleon hedge fund founder Raj Rajaratnam paid him $1.75 million (1.09 million pounds) in exchange for tips on clients of the consulting firm, giving prosecutors potentially more ammunition in… Reuters – Ex-McKinsey exec: Rajaratnam paid $1.75 mln for tips New York Times – Ex-Consultant Pleads Guilty in Galleon Insider Case BusinessWeek – Rajaratnam Insider Profits Said to Top $30 Million (Correct)
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Ex-McKinsey Exec – Rajaratnam Paid $1.75 Mln For Tips