All articles by Jennifer Creevy – Page 23
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NewsTesco opens virtual store in South Korea
Tesco Homeplus in South Korea has opened what it claims is the world’s first virtual store in Seoul subway, following an initial trial in July.
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GalleryIn pictures: Ocado's virtual shopping wall goes live
The integrated window display at London’s One New Change shopping centre allows shoppers to purchase groceries on their mobile phones, then have them delivered to their door.
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NewsCo-op profits and sales hit by tough climate
The Co-operative Group has suffered a fall in first-half profits and sales in retail conditions described by chief executive Peter Marks as “the worst I have seen in over 40 years”.
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NewsStrong value proposition drives full-year profit at Fragrance Shop
The Fragrance Shop has reported that operating profit rose by 37.8% in its full year, driven by its strong value proposition.
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NewsTesco's Andrew Higginson to retire
Tesco chief executive of retailing services Andrew Higginson is to retire from the board and executive committee next year.
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NewsLandlords claim to be flexible in tough climate
Landlords claim that high street shop rents have fallen by a third over the past 20 years and that they are being more flexible in the tough climate.
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NewsNet-a-Porter founders invest in Cult Beauty
Two founding partners of fashion etailer Net-a-Porter have invested in beauty etailer cultbeauty.co.uk.
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NewsOka profits up 24%
Oka, the furniutre chain part owned by Lady Astor, David Cameron’s mother-in-law, reported a 24% rise in underlying profits to £427,000 in its last financial year.
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NewsFootfall slips while nationwide vacancy rate stands at 11.2%
Footfall between May and July was 1% lower than the same period a year earlier, with the hardest hit locations being Wales, the west Midlands and the East of England.
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NewsSainsbury's to exclusively launch Joan Collins book
Sainsbury’s is hoping some 1980s Dynasty glamour will bring shoppers to its stores when it exclusively launches actress Joan Collins’ upcoming book.
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NewsVideo: Shops forced to shut in south coast's flash flooding
Retailers on the south coast were forced to shut up shop yesterday as flash flooding drenched parts of Dorset and Hampshire.
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NewsAsda launches mobile groceries site
Asda has launched a mobile optimised transactional site for its groceries offer.
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NewsSainsbury’s to trial price match at the till
Sainsbury’s is gunning to win back its least loyal swing shoppers with the trial of a price match on branded products.
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NewsCustomers recognise our quality is improving, says Asda’s Clarke
Asda chief executive Andy Clarke is confident that the grocer’s efforts on quality are being recognised by customers, despite the tough climate taking a toll on its growth.
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NewsRigby & Peller majority stake sold to Van de Velde
Belgian lingerie business Van de Velde has bought an 87% stake in lingerie retailer Rigby & Peller for an undisclosed sum leaving previous owners, the Kenton family, with a minority 13% holding.
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NewsAsda Q2 like-for-likes up 0.5%, but operating income declined due to Netto acquisition
Asda has reported like-for-like sales up 0.5% excluding VAT in its second quarter from April 1 to June 30.
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NewsMorrisons leads big four, while Aldi reports all-time record share
Morrisons was the only one of the big four to grow market share in the latest Kantar figures, while Aldi was the winner overall with growth of nearly 25%.
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NewsAsda to create 7,000 Christmas jobs
Asda is to create 7,000 Christmas jobs as part of a £5m investment in customer service for the golden quarter.
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NewsSainsbury's trials branded price match in Northern Ireland
Sainsbury’s is to take on Asda and Tesco and launch its version of a price match trial in a trial in Northern Ireland.
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NewsAsda guns to open 250 smaller supermarkets
Asda is gunning to open 250 of its smaller supermarkets after racking up sales uplifts of more than 50% in its Netto converted stores.