All Retail Week UAT articles in December 17 2010 – Page 2
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NewsJohn Lewis breaks sales records
John Lewis has smashed its single day’s sales record during its post-Christmas Clearance.
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NewsFamilies are £6 a week worse off, Asda claims
The average UK family has £6 less per week to spend than it did a year ago, according to Asda’s latest Income Tracker report.
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NewsStrong Christmas trading at Hammerson centres
Shopping centre owner Hammerson has reported a strong start to the post-Christmas Sales period, with 2.25 million shoppers visiting its nine regional shopping centres over the three days from Boxing Day.
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NewsHarvey Nichols reports record Sale
Harvey Nichols, the luxury department store business, said that its post-Christmas Sale had broken records despite tube strikes in the capital, reduced trading hours on Boxing Day and problems with transportation due to the snow.
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NewsPaul Smith profits rise
British designer label Paul Smith has paid out a £3.4m dividend after a bumper year in which profits hit the £25m mark.
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NewsITV man to be HMV FD
HMV Group has appointed David Wolffe, the finance director of ITV Studios, as its new finance director
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NewsSainsbury's fashion share soars
Sainsbury’s has more than tripled its share of the £9.9bn UK value clothing market in the last five years, according to new findings by Verdict Research.
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NewsSuperdrug to absorb VAT rise on own-brand products
Superdrug is to absorb the January 4 VAT increase on all its own brand beauty, toiletries and household products.
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NewsRecord Christmas for Waitrose
Waitrose enjoyed its best Christmas on record despite the freezing weather, with like-for-like sales up 5.4% in the first 23 days of December.
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NewsStrong start to clearance for John Lewis
John Lewis has enjoyed a strong start to its post-Christmas clearance.
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NewsBest Buy insists plans are on track despite pulling out of deal
Best Buy has insisted its plans for the UK are still on course despite it pulling out of a deal to open a store in the north-east of England.
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NewsMost retailers expect sales to fall in 2011, BRC says
Most retailers expect sales to fall in 2011, with weak consumer confidence and inflationary pressures hitting the sector’s performance, according to a BRC survey.
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NewsFood delivery drivers' hours relaxed to keep stores stocked
Food delivery drivers can extend their working hours to ensure stores remain stocked over the long Christmas bank holiday.
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NewsJigsaw and Kew grow profits
Robinson Webster Holdings, the parent company of womenswear retailers Jigsaw and Kew, narrowed its losses in 2010 following growth from both their concessions and online businesses.
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NewsRecord sales for Go Outdoors
Fast-growing outdoor retailer Go Outdoors has reported record sales, with even the cold snap not derailing its growth.
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NewsTesco launches online electricals Sale
Giant grocer Tesco has fired a salvo against electrical specialists with the launch today of a ‘Boxing Day’ Sale online focused on the category.
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NewsBill Gates rides to JJB Sports' rescue as Clare stands down
JJB Sports has this morning disclosed details of a £31.5m cash call, boardroom changes and a further sales slump.
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NewsJJB Sports to launch £30m fundraising
Sports specialist JJB Sports is to stage a £30m fundraising and make boardroom changes, it is understood.
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NewsTesco buys 128 stores in Czech Republic for £34.3m
Tesco has acquired 128 convenience stores in the Czech Republic for 1.02bn koruna (£34.3m), bolstering its operations in central Europe.
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NewsJohn Lewis mid-week sales rise 4.3%
Department store chain John Lewis has reported sales up 4.3% from Sunday to Wednesday, despite freezing weather in some areas, and is preparing for its biggest-ever Sale