All News articles – Page 1156
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NewsPoundland owner Warburg Pincus mulls float or sale
Poundland is being readied for a sale or float by its private equity owner Warburg Pincus, it is understood
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NewsSelfridges promotes Sebastian Manes to buying and merchandising director
Department store Selfridges has promoted womenswear, accessories and kidswear boss Sebastian Manes to buying and merchandising director.
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NewsBank holiday shoppers spend £220m in London's West End
Shopper spend across London’s West End jumped 10% to £220m across the May Day bank holiday driven by UK visitors taking day trips to the capital.
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NewsSports Direct launches sports news website to win new customers
Sports Direct has launched a sports news website dedicated to breaking exclusive stories in a bid to connect with new customers.
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NewsMarks & Spencer rolls out contactless payment
Marks & Spencer has rolled out contactless payment to 644 UK shops following a 25-store trial in London last year.
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NewsClintons makes profit in first year under new ownership
Greetings card retailer Clintons has made a profit in its first year under new owner American Greetings, which bought it out of administration last year.
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NewsMary Portas and TV company lobbied Government over Portas Pilots
Evidence has emerged to suggest the Government picked some of the Portas Pilots towns based on recommendations by Mary Portas and the company behind the TV show.
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NewsIceland Foods trials online grocery eight years after shelving site
Iceland Foods has begun trialling an online grocery service eight years after shelving the service with early results “very encouraging”.
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NewsShop price inflation drops to lowest level in more than three years
Shop price inflation dropped to its lowest level in more than three years in April as retailers ramped up promotions to draw in shoppers.
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NewsHouse of Fraser eyed by Qataris in deal valuing it at £300m
House of Fraser could be acquired by the Qataris in a £300m deal that would reunite the department store group with Harrods.
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NewsGovernment rewards towns for high street innovation
The Government has revealed seven towns have been rewarded for boosting their high streets with a share of a £1m pot.
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NewsNicole Farhi chief executive Francois Steiner quits
Nicole Farhi chief executive Francois Steiner has resigned from the luxury retailer.
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NewsNew Look prices bond at £810m as deal nears
New Look has priced its bond issue at £810m as it looks to complete the landmark deal within the next week.
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NewsLittlewoods aims to monetise Facebook with shopping tool debut
Littlewoods claims to have become the first retailer to monetise Facebook as it debuts a new interactive shopping tool.
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NewsTesco-owned Blinkbox to debut humorous ad campaign
Tesco-owned movie and TV streaming service Blinkbox is set to debut a new tongue-in-cheek advertising campaign which pokes fun at rivals Lovefilm and Netflix.
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NewsFSA board told to declare contact with Tesco director
Members of the board of the Food Standards Agency (FSA) have been told to declare any contact with its former chief executive and Tesco group technical director Tim Smith.
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NewsJohn Lewis weekly sales rise 5.3% and Waitrose celebrates 11.1% first-quarter advance
Sales at department store John Lewis rose 5.3% year on year to £67.9m last week driven by price matching and strong fashion sales.
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NewsHalf of second wave of Portas Pilots yet to spend Government funding
Half of the second wave of Portas Pilots have not spent a penny of the £1.5m funding awarded by the Government, Freedom of Information requests have shown.
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News
Sales at Jerónimo Martins rise in first quarter
Sales at Jerónimo Martins rose 15.6% in its first quarter to €2.8bn (£2.41bn). Net profit reached €75m (£64.5m).Sales at its Polish discount chain Biedronka rose 20%, while sales at the main Portuguese business, Pingo Doce, were up 5.3%.“The first quarter provides a good basis for another year of growth,” said ...
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Sales at Safeway slip during first quarter
Sales at Safeway slipped to $9.99bn (£6.62bn) during the first quarter ended March 23, from $10bn (£6.31bn) the previous year.Net income increased 63.1% to $118.9m (£78.8m). Identical store sales were up 1.5% during the period, including a 0.4% positive impact because of a calendar shift, meaning New Year holiday sales ...