All News articles – Page 1109
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NewsDunelm pre-tax profits up 12.3% with multichannel growth up 80%
Homewares retailer Dunelm has reported pre-tax profit up 12.3% to £108.1m for the year to June 29, and saw multichannel growth up 80%.
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NewsJohn Lewis sales and profits rise as it grabs market share
John Lewis department stores generated a 5.1% increase in first-half like-for-like sales and profits rose 9.9% as it stole market share from rivals. Profits at grocery stablemate Waitrose surged almost 13%, parent John Lewis Partnership’s interims showed.
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NewsOcado sales surge 16.4% in third quarter
Ocado sales surged 16.4% to £189.2m in its third quarter as order numbers increased.
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NewsHobbycraft ramps up ecommerce as sales rise
Hobbycraft is stepping up its multichannel strategy after investment in improved ecommerce capabilities.
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NewsMorrisons first half pre-tax profits plunge as like-for-likes dip
Morrisons pre-tax profit plunged 22.1% to £344m in its first half as the grocer invested in reducing pricing, increased marketing and entering new channels.
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NewsMorrisons takes the axe to investment in supermarkets
Morrisons is to slow the pace of new supermarket openings in another sign that the race for big grocery store space is over.
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NewsNext first-half profits jump as it cuts markdown sales
Next’s pre-tax profit rose 8.2% to £271.8m in its first half to July 27 as markdown sales reduced by 13%.
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NewsCath Kidston relaunches website ahead of international ecommerce push
Cath Kidston re-launched its website on a new platform which will allow the fashion and homewares retailer to expand its digital offer overseas.
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NewsApple's new iPhone 5S opens up possibility of paying by fingerprint technology
Apple’s new iPhone 5S – which is set to be among retailers’ Christmas best sellers – opens up the possibility of using fingerprint technology to pay in store.
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NewsB&Q mulls Tesco-style investments to fill bigger stores
B&Q is mulling emulating Tesco’s strategy of investing in complementary businesses to fill its bigger retail stores.
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NewsAsda boss Andy Clarke calls for income tax threshold rise
Asda chief executive Andy Clarke has called on the Government to increase the income tax threshold as shopper spending comes under increasingly intense pressure.
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NewsTesco poaches John Lewis head of omnichannel Karen Dracou
Tesco has poached John Lewis’ head of omnichannel development Karen Dracou to bolster its multichannel team.
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NewsSports Direct retail gross profit soars 20.3% in first quarter
Sports Direct retail gross profit increased 20.3% to £215.6m in its first quarter as retail sales jumped 14.5% to £505.3m.
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NewsB&Q owner Kingfisher first-half profits dip 1.4% in UK and Ireland
Kingfisher UK and Ireland retail profit dipped 1.4% in its first half as adjusted pre-tax profits across the group fell 1.6% to £365m.
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NewsThorntons full-year profits rise as commercial sales increase
Profits rose at Thorntons last year as the chocolatier revamped its model and increased sales to the grocers.
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NewsBreakfast briefing: Retail news on Phones 4U, Carphone Warehouse and Argos
Retail news round-up September 10, 2013: Phones 4U to open 100 stores next year, Carphone Warehouse to create 80 jobs in Ireland, Argos names new marketing director
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NewsTesco sells US grocery business Fresh & Easy
Tesco has agreed to sell its US grocery chain Fresh & Easy to investment firm Yucaipa.
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NewsAsos poaches top Amazon director as it strengthens leadership team
Asos has poached Amazon finance boss Shaun McCabe as it further strengthens its management team.
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NewsPayPal invites developers to generate Beacon ideas for hands-free payment
PayPal is allowing external developers access to its in-store payments programming interface in a bid to generate clever ideas around its new Beacon service.
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NewsMary Portas admits Portas Pilots cannot "truly succeed" without full Government support
Mary Portas, the retail expert and TV star, has admitted that the Portas Pilots could “never truly succeed” without full Government action on her 28 recommendations to save the high street.