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SuperGroup on track after 'robust' final quarter

SuperGroup, the owner of the Superdry fashion brand, has said it is on track to meet its full-year profit expectations after reporting that like-for-like sales increased by 11.6% in its final quarter.
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Latest retail news headlines


GAME appoints Mark Gifford as CFO

GAME has appointed House of Fraser’s Mark Gifford as its group chief financial officer.

Sainsbury's reports £72 million loss

Sainsbury’s has reported that it made a pre-tax loss of £72 million in the year to 14 March after the supermarket was hit by falling sales and the effects of property writedowns.

Shop prices fell 1.9% in April

Shop prices continued to fall in April as food prices remained at a record low for a second consecutive month.

Boohoo posts increase in sales and profits

Online fashion retailer Boohoo.com has said that the launch of new ranges helped revenues to rise by 27% to £139.9 million in the year to end February.

JD Sports appoints new non-exec director

JD Sports has appointed Heather Jackson as an independent non-executive director.

Nisa launches e-learning portal for Retail Academy

Nisa’s Retail Academy has launched a new e-learning portal as it looks to make training more accessible for its members.

AB10 to close all three stores

Aberdeen based fashion retailer AB10 has announced that it is to close all three of its stores.

Weekly grocery basket falls by over £1 in the last month

New research has shown that the cost of a weekly grocery basket at supermarkets dropped by 1%, or by just over £1, in the last month.

Retail solutions news

Comment: new opportunities on the internet high street

Rather than levelling the playing field, the internet high street, fuelled by online markets, is more crowded and more complex than bricks and mortar ever was. By Tina Royall, director at Futura Retail Solutions.

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