JC Penney sees profits slump by half

US department store chain JC Penney suffered a 51% drop in profits in the fourth quarter of its year, and says it expects its troubles to continue.

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BRC announces new chairman

Former John Lewis managing director Luke Mayhew is the new chairman of the British Retail Consortium.

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Dexam wins awards as a top Chef’n supplier

Dexam scooped two major awards handed out by gadget supplier Chef’n at the company’s international awards evening held during the Ambiente show in Frankfurt.

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