All articles by Grace Bowden – Page 32
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NewsHalfords profits and revenue fall as big-ticket sales stall
Halfords has recorded a decline in interim sales and profits as the business snapped up independent garage chain McConechy’s Tyre Service in a bid to bolster its autocentres division.
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NewsSainsbury’s half-year profits slide as sales fall in ‘competitive’ market
Sainsbury’s has recorded a fall in profits at the half-year mark as one-off property costs hit the grocer’s bottom line.
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GalleryStore gallery: DnaNudge unveils London flagship with in-store genetic testing
DNA testing start-up DnaNudge has opened its first store in London’s Covent Garden, offering shoppers genetic testing to better understand their dietary needs.
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OpinionOpinion: The time isn’t right to sell Shop Direct
Shop Direct owners the Barclay family are understood to have kicked off a review of their business empire, raising questions about the etailer’s future ownership.
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NewsAll Saints returns to profit as international sales climb
All Saints recorded a return to profitability in its full-year results spurred by sales growth across its non-retail channels.
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NewsShop prices fall for fifth consecutive month, spurred by grocery
The rate of falling shop prices slowed in October as the inflation of ambient grocery products rose ahead of the 12-month average.
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NewsWalgreens Boots Alliance ups cost-cutting drive as full-year profits fall
Walgreens Boot Alliance (WBA) has recorded a decline in full-year profits despite increased sales in what chief executive Stefano Pessina described as “a challenging operating environment.”
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OpinionOpinion: Forget about plunging profits, Zara still leads the fashion pack
When a retailer’s profits nosedive by half, alarm bells would usually sound. But Zara is an unusual retailer.
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NewsSports Direct appoints RSM as new auditor
Sports Direct has appointed RSM as its new auditor, succeeding Grant Thornton.
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NewsPoundland to move from ‘single’ to ‘simple’ pricing at all stores
Poundland is rolling out its ‘simple’ price proposition across its 840-strong store estate following a successful trial.
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NewsShop Direct losses spiral as PPI claims hit bottom line
Shop Direct has suffered widening pre-tax losses despite increased sales following an “unexpected surge” in PPI claims.
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GalleryIn pictures: Selfridges unveils first FAO Schwarz Europe flagship
Selfridges has tied up with iconic US toy retailer FAO Schwarz to launch the business’ largest European flagship to date.
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NewsWickes third-quarter sales climb despite ‘uncertain market’
Wickes has posted a strong uplift in third-quarter like-for-like sales as parent company Travis Perkins says the retailer’s demerger from the group is “on track” for next year.
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NewsSports Direct pulls Goals Soccer Centres takeover bid
Sports Direct has retracted its bid for Goals Soccer Centres, which the retailer attributed to having received “limited” co-operation from the business on a possible takeover.
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DataData: John Lewis’ look at how we shopped in 2019
John Lewis’ latest retail report has delved into the trends that have driven sales in 2019 and those that fell by the wayside.
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VideoWill Christmas 2019 be ho-ho-ho or humbug for retailers?
With some retail leaders preparing for ‘the worst Christmas since Woolworths collapsed’ in 2008, the team debate if businesses will be full of festive cheer or fear by the end of 2019.
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NewsWHSmith unveils $400m Marshall Retail acquisition as profits edge up
WHSmith is set to double the size of its international travel business with the acquisition of US travel chain Marshall Retail, as it unveiled full-year sales and profit growth.
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NewsHome Bargains profits climb as it plans to double store footprint
Home Bargains’ full-year sales passed the £2.5bn milestone as the business ramps up for aggressive bricks-and-mortar expansion.
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OpinionOpinion: Sports Direct’s Nike swipe smacks of desperation
Sports Direct has taken aim at sportswear titans Nike and Adidas, but is it a gamble that will pay off?
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NewsThe Hut Group launches credit offer to bolster Christmas spend
The Hut Group has launched interest-free instalment payments across its own brands and ecommerce platforms.