All articles by Jennifer Creevy – Page 63
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OpinionAn end to grocery promotions?
Asda will take an aggressive stance on the grocery sector this year. But will its price strategy be enough to hold off the likes of Tesco and Morrisons?
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NewsBlockbuster in rent renegotiation talks
Blockbuster is understood to be working with restructuring firm KPMG on negotiations with more than 600 landlords as part of cost cutting plans.
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NewsTesco to launch property website
Tesco is expected to go head to head with estate agents within weeks with the launch of a property website, allowing home owners to advertise their properties for a flat fee of around £200.
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NewsThorntons invests in products to reverse second-half losses
Thorntons intends to reduce its dependency on Christmas by investing in products to drive sales in the quieter summer months.
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NewsHolland & Barrett moves in on food to go with Suffolk opening
Holland & Barrett is to make a play for the food-to-go sector with the unveiling of a new-look store concept today.
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NewsAsda on a mission to take crown in non-food using etail and home
Asda is gunning to be the UK’s number one retailer in non-food in the next five years, and intends to hit its target by growing online and opening more Living stores.
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Analysis
Alexander McQueen
Last week the news of Alexander McQueen’s suicide shook the fashion world. Here, we explain his importance to British fashion and why his loss will be mourned so deeply.
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NewsAsda reveals 2010 plans after reporting Q4 like-for-likes up 4.6%
Asda has reported that comparable sales excluding fuel were up 6% for the full year and 4.6% in the fourth quarter.
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NewsB&Q sales hit by snow
B&Q has reported the snow at the beginning of the year affected trade as it recorded like-for-like sales fell 3.5% in its fourth quarter.
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NewsAsda staff share £26m bonus pot
Asda staff will share a record £26m bonus pot this month with each employee receiving up to £437.50, as the retailer reveals it will create new jobs and unveil an enhanced buying deal with parent Walmart.
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News
US giant Walgreens buys Duane Reade
US health and beauty retailer Walgreen has bought New York-based chain Duane Reade for $1.075bn.
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NewsThorntons sales drop but profits up
Thorntons has reported a 0.7% drop in sales in its interim results but a 24.6% increase in pre-tax profit.
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News‘Boring’ Asda prepares fightback
Asda bosses have conceded that the grocer has become ‘boring’ and laid out plans to tackle its underperformance, Retail Week has learned.
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News
VAT increase pushes inflation up to 3.5% in January
The Consumer Prices Index rose to 3.5% in the year to January, up from 2.9% in December, according to the Office for National Statistics.
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NewsThe Body Shop reports resilient trading
The Body Shop has reported total retail sales up 1% and like-for-like growth at up 0.7% in its full year 2009 figures.
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NewsTesco extends Clubcard double points offer
Tesco has extended its double Clubcard points offer until the summer, piling further pressure on rivals to keep up promotions.
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NewsSainsbury's claims to be world's biggest Fairtrade retailer
Sainsbury’s has claimed it has become the world’s biggest retailer of Fairtrade products after hitting sales of £218m in the past year.
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NewsDoubts raised over Ocado IPO
Doubts have been raised about the stock market flotation potential of Ocado, after it emerged that Waitrose is to launch a competing online operation in central London within two years.
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OpinionWhat, more regulation?
Both Labour and the Conservatives have lent support to a supermarket ombudsman. But does it actually protect suppliers? And does it matter at all to the consumers?
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NewsTesco chief Sir Terry Leahy slams ombudsman
Tesco chief executive Sir Terry Leahy hit out at plans for a supermarket ombudsman, saying a watchdog would work in the interests of suppliers rather than consumers.