All News articles – Page 1065
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NewsIceland international boss Paul Foley resigns
Iceland international business director Paul Foley has resigned his two directorships at the frozen food retailer a year after taking them on.
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NewsH Samuel owner Signet warns on profits after discounting hit margins
Jeweller Signet has warned on profits after discounting over the Christmas trading period hit margins.
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NewsMorrisons boss Dalton Philips admits it lost out to discounters at Christmas
Morrisons lost out to rivals at Christmas after discount shoppers failed to switch from Aldi and Lidl for their festive shopping, chief executive Dalton Philips has admitted.
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NewsTesco FD Laurie McIlwee: "Market contracted more than we anticipated in December"
Tesco chief financial officer Laurie McIlwee said the grocer was “too optimistic” at the beginning of December and the market contracted more than it thought over the key Christmas trading period, leading to “disappointing” results.
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NewsFoyles Christmas like-for-likes edge up 0.4%
Foyles like-for-likes edged up 0.4% in December as the retailer benefitted from a last minute rush of shoppers.
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NewsM&S forced into Sale early by 'unprecedented' level of promotions, says Bolland
Marks & Spencer boss Marc Bolland said the retailer tried to hold its nerve over Christmas promotions but was forced into Sale early by “unprecedented” promotional activity.
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NewsHobbs appoints former New Look boss Phil Wrigley as chairman
Former New Look boss Phil Wrigley has been appointed as chairman of fashion retailer Hobbs.
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NewsNew Look Christmas like-for-likes up 1.5%
New Look “performed well” over Christmas as like-for-like sales increased 1.5% in the period.
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NewsTed Baker Christmas sales jump 18%
Ted Baker sales increased 18.3% over the Christmas period in the eight weeks from November 10 to January 4.
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NewsMarks & Spencer blames warm weather and discounting for lacklustre quarter
Marks & Spencer has blamed warm weather in October and Christmas discounting for its lacklustre third-quarter performance, which was dragged down by general merchandise sales.
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NewsMorrisons' Christmas like-for-likes slump 5.6%
Morrisons’ like-for-like sales fell 5.6% excluding petrol over the Christmas period, and the grocer warned it now expects full-year profit to be at the lower end of expectations.
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NewsTesco reports UK Christmas like-for-likes down 2.4%
Tesco has reported like-for-like sales in the UK fell by 2.4% over Christmas, maintaining that weakness in the grocery market impacted its performance.
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NewsLiberty reports 17% rise in Christmas sales
London department store Liberty has posted a rise in sales over the Christmas period after the retailer flung open its doors to a Channel 4 camera crew to give the viewers an insight into the running of one of London’s most famous stores.
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NewsBreakfast briefing: WHSmith, Boots Ireland, Marks & Spencer, Liberty
Retail news round-up on January 9, 2014: WHSmith faces revolt over Kate Swann’s pay-off, Boots Retail pre-tax profit jumps 14%, Marks & Spencer third quarter sales hit by warm October, Liberty Christmas sales up 17%
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NewsWarm summer helps lift Bravissimo full-year figures
Lingerie retailer Bravissimo has revealed growth in sales and pre-tax profits in its full-year figures, as the company expects to open new stores this year.
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NewsWaterstones reports healthy Christmas trading
Waterstones delivered a robust performance over Christmas as margins held firm and sales dipped slightly.
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NewsLovehoney full-year profits rise as it hits the right buttons
Online retailer Lovehoney saw its full-year profits treble to £2.25m, thanks to demand for its exclusive Fifty Shades of Grey licensed range and an increasing public acceptance of sex toys.
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NewsPoundworld profits slump for second consecutive year despite sales surge
Poundworld pre-tax profits fell despite surging sales as the value retailer invested in new stores and its back office infrastructure.
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NewsNew Look like-for-likes rise over Christmas
New Look recorded positive like-for-likes over Christmas when the fashion retailer battled stiff competition across the high street.