All News articles – Page 1064
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NewsBreakfast briefing: Retail news on Morrisons, Asos, Walmart, HMV and Target
Retail news round-up on January 13, 2014: Morrisons considering sale of upto 10% of properties; Asos expects 35% sales growth over Christmas; Wal-Mart International’s CFO Cathy Smith to depart; World’s largest music shop shuts down as HMV moves out of 150 Oxford Street
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NewsFortnum & Mason toasts strong Christmas as full year profits surge
Premium food department store Fortnum & Mason has toasted a strong Christmas and posted soaring full-year profits.
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NewsNRF: Think of stores as warehouses, Foot Locker boss advises
Sportswear giant Foot Locker is treating its 3,500 stores as warehouses in a bid to maximise its fulfilment capabilities, chairman and chief executive Ken Hicks told delegates at the NRF conference in New York.
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NewsNRF: Retailers relying on technology providers more than ever
Retailers are cherry-picking a growing number of payment and technology providers in an effort to provide customers with the services they want.
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NewsJaeger Christmas sales surge boosted by online
Premium fashion retailer Jaeger has revealed Christmas like-for-like sales jumped 32%.
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NewsNRF: US consumers respond better to high streets than malls, say retailers
Indoor malls face extinction as streets become “the number one retail location”, according to retailers and developers at the NRF confernece in New York.
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NewsMorrisons mulls selling 10% of its estate as shareholders raise concerns
Morrisons is mulling a sale of up to a 10% of its property estate to raise money after a disappointing Christmas performance but shareholders have called the move “incredibly dangerous”.
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NewsShop Direct posts 5% Christmas sales rise driven by "stellar" mobile growth
Etailer Shop Direct has delivered a record Christmas driven by “stellar” mobile growth and Very.co.uk and Isme.com.
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NewsMountain Warehouse posts Christmas sales surge as it benefits from wet weather
Outdoor retailer Mountain Warehouse has posted a 10.7% like-for-like Christmas sales surge in the six weeks to January 5.
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NewsMike Ashley's Sports Direct acquires 4.63% stake in Debenhams
Mike Ashley’s Sports Direct has acquired a 4.63% in troubled department store group Debenhams.
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NewsM&S builds team of software engineers to boost in-house expertise
Marks & Spencer is building a team of between 100 and 150 software engineers as it looks to build its in-house technology expertise.
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NewsSelfridges unique product offer propels Christmas sales growth of 20%
Selfridges total sales surged 20% over the Christmas period which it says was driven by its unique product offer.
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NewsThe Perfume Shop pulls in male shoppers to deliver strong Christmas
The Perfume Shop delivered strong Christmas results, notching up its most successful trading day in its history as it attracted more male shoppers than ever.
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NewsLabour Party enlists Bill Grimsey to examine high streets
The Labour Party has enlisted the help of high street champion Bill Grimsey to support its plans to re-energise ailing town centres.
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NewsScottish large retailer business rates levy to end next year
A business rates levy on large retailers in Scotland is to end in 2015 after raising a forecast £95m.
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NewsInfographic: John Lewis’ Clearance Sale drives revenue boost
John Lewis recorded a 23.6% increase in sales to £113.4m last week as its Clearance Sale enticed shoppers.
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NewsJD posts increase in like-for-like sales over Christmas
JD Sports Fashion has reported a step up in like-for-like sales growth over Christmas, aided by a strong performance in its core sports arm.
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NewsBreakfast briefing: Retail news on Christmas retail sales, JD Sports, Uniqlo and Grafton Group
Retail news round-up on January 10, 2014: Retail sales fail to sparkle over Christmas, JD Sports reports positive Christmas sales, Uniqlo bolsters management and Grafton Group sales rise
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NewsCold Christmas for retail as sales growth stalls
Retailers’ hopes for a winning Christmas have been dashed after food suffered its worst performance for five years and non-food was saved by online.
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NewsJoules reports strong Christmas trading
Lifestyle brand and retailer Joules achieved a surge in sales over Christmas on the back of a strong product offer and an uplift in multichannel shoppers.