All Retail Week UAT articles in December 18, 2009 – Page 5
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NewsFocus reshuffles its management team
Focus DIY has made a series of senior management changes, which include promoting its chief operating officer Rob Gladwin to the position of managing director.
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NewsJohn Lewis sales 5% ahead of last week
John Lewis has reported that sales from Sunday to Wednesday are 5% ahead of last week and over 16% ahead of 2008 levels.
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NewsWarning of uncertain new year takes shine off retail sales figures
Retailers have achieved three consecutive months of sales growth but the performance is unlikely to be sustained in the new year, the CBI reported.
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NewsUnited Carpets reports strong half
Profits for United Carpets grew 10.2% to £702,000 in the six months to September 30.
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NewsRetail sales fell in November ONS reports
Retail sales fell by volume and value in November, official data showed. The decline came as a surpise to the sector.
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NewsShowroom sales rocket at Wickes
DIY chain Wickes has generated strong sales growth in showroom categories and made market share gains, parent Travis Perkins revealed.
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NewsIdeal Shopping confident of profitability
Ideal Shopping Direct has said trading since its last update has been ahead of internal forecasts and it is confident the year end outcome will be ahead of current market consensus.
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NewsJJB Sports reports sales plunge
JJB Sports has reported group revenue for the 20-week period to December 13 was 52% lower than the same period last year.
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Cheques to be phased out by 2018
October 2018 has been set as the date to end cheque payments, but only if an adequate alternative can be found.
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NewsMike Ashley to face further SFO investigations
Mike Ashley is understood to be facing an investigation into possible loans secured from Icelandic bank Kaupthing.
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NewsKingfisher appoints former global Ikea boss as non exec
Ikea’s former global chief executive Anders Dahlvig is to join DIY giant Kingfisher as a non-executive director.
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NewsScottish retail sales record worst decline in six months
Scottish retail sales fell 0.6% on a like-for-like basis in November, the worst decline since May.
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OpinionRetail IT’s New Year spending spree?
Retailers have been making do and mending when it comes to IT systems for the past couple of years. 2010 is likely to be the year when the necessary projects they have been putting off start to see some traction.
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NewsLaura Ashley like-for-likes rise 4.9%
Homewares and womenswear retailer Laura Ashley expects full year trading to be broadly in line with company expectations after like-for-like sales rose 4.9% over the first 19 weeks of the second half to 12 December.
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HMV makes move into music festivals
HMV has made a move in to music festivals with its joint venture partner Mama Group as the entertainment retailer seeks to further diversify its offer in the face of dwindling music sales.
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NewsSainsbury’s Dido Harding to head up TalkTalk
Dido Harding, head of Sainsbury’s convenience stores, is to join TalkTalk – the soon to be demerged broadband arm of Carphone Warehouse, as chief executive.
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NewsKesa records better-than-expected first half
Electricals retailer Kesa’s has revealed a better-than-expected first half, with adjusted group pre-tax profit jumping 37% to £14.9m in the six months to October 31.
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NewsBorders to shut shops next week unless buyer is found
Borders UK is to shut all its stores on December 22 unless a buyer for the business is found.