All articles by Jennifer Creevy – Page 49
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NewsOnline shopping to slow significantly, says Verdict
Online shopping is set to slow down significantly as the channel matures and competition increases, according to Verdict Research.
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NewsWaitrose to open concept store in Leeds with a broader offer
Waitrose is to open a new concept store in Leeds next week with a homewares offer featuring products from sister chain John Lewis and other leading brands.
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NewsAsda and Sainsbury’s rejig own brands in fight for market share
Grocers Asda and Sainsbury’s went head-to-head this week with the relaunch of own-brand ranges.
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NewsSainsbury’s relaunches top tier range
Sainsbury’s has relaunched its £1bn range of upmarket food, just one day after rival Asda revealed it had relaunched its mid-tier range.
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NewsAsda invests £100m in relaunch of mid-tier brand
Asda has invested £100m into the relaunch of its entire range of more than 3,500 Asda brand food products, which account for annual sales of between £8-9bn.
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NewsSir Terry Leahy believes successor will press ahead with US strategy
Tesco chief executive Sir Terry Leahy is confident his protégé Phil Clarke will press on with the grocer’s US strategy when he succeeds him next March.
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NewsCharles Dunstone sells 10% of his stake in Carphone Warehouse
Carphone Warehouse founder Charles Dunstone has raised £35m by selling 10% of his stake in the business.
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NewsAmazon in bid for Lovefilm
Amazon is understood to have made a takeover offer for online movie rental firm Lovefilm, valuing the business at close to £200m.
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NewsPhil Clarke: My vision for Tesco’s global growth
New Tesco boss reveals his strategy for UK and overseas domination to Retail Week
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AnalysisTesco’s Far Eastern promise
Combining its global scale with local knowledge is key to Tesco’s growth in Asia, incoming chief executive Phil Clarke tells Jennifer Creevy
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NewsH&M launches transactional website
Swedish fashion giant H&M has launched its first ever transactional website today, with the strapline ‘UK will never sleep again.’
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NewsRetail sales volumes fall in August
The volume of retail sales in August fell 0.5% from July to August, according to the Office for National Statistics.
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NewsConfetti bought out of administration
Online wedding retailer Confetti has been bought out of administration by a north-west entrepreneur George Buchan.
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NewsComet like-for-likes up 4.3%
Electricals retailer Comet has reported like-for-likes up 4.3% in its first quarter, buoyed by TV sales from a World Cup campaign.
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NewsDunelm profits up, Halfords FD Nick Wharton to become new CEO
Dunelm has reported a pre-tax profit surge of 46% to £76.8m in its full year, and revealed that chief executive Will Adderley will assume the new role of executive deputy chairman with Halfords group finance director Nick Wharton taking over as chief executive.
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NewsJohn Lewis and Waitrose report strong half year growth
The John Lewis Partnership has reported pre-tax profit up 28% to £110.5m for the half year ending July 31, with strong growth in its John Lewis department stores and grocer Waitrose.
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NewsAsda launches student shopping card
Asda is to launch a shopping card that parents can top up with money to pay for students’ groceries.
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NewsIdeal Shopping completes turnaround
Ideal Shopping Direct has reported a pre-tax profit in its interim results against a loss in the same period the previous year and said its business turnaround is now complete.
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NewsAsda market share dips for 9th consecutive period
Asda continues to underperform the grocery market and has seen a dip in its market share for the ninth consecutive report.
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NewsIncoming Tesco chief executive Philip Clarke vows China will be profitable in his tenure
Tesco international boss Philip Clarke has vowed that its operation in China will be profitable in his tenure as chief executive as he outlines the “terrific” growth prospects in Asia.