All News articles – Page 1157
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News
Supervalu reports year-on-year net sales decline
Supervalu has reported net sales of $3.89bn (£2.58bn) and a net loss of $1.41bn (£934.4m) for its fourth quarter ended February 23.The 2.3% year-on-year decline in net sales primarily reflects a decrease in identical store sales of 4.1% for retail food and 2.6% for the Save-A-Lot discount chain.In March, Supervalu ...
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NewsCompany profile: ScS
The introduction of carpets has helped drive revenue at the Sunderland-based sofa retailer.
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NewsSelfridges to launch drive-thru click-and-collect service
Department store Selfridges is to open a drive-thru click-and-collect service at its London flagship as it gears up to launch overseas delivery.
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NewsQuirky new Specsavers advert depicts shortsighted vet
Specsavers will air the latest installment in its ‘Should’ve gone to Specsavers’ TV campaign on Saturday, depicting a shortsighted vet.
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NewsEthical Trading Initiative reveals new fire and building safety plans following Bangladesh tragedy
The Ethical Trading Initiative (ETI) has revealed details of a new far-reaching safety plan to improve standards in fashion production in Bangladesh following the Rana Plaza disaster.
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NewsMothercare to axe head office staff as it looks to cut costs
Mothercare has put some head office staff across its global operations into consultation as it looks to make redundancies to save costs, Retail Week has learned.
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NewsThe Garden Centre Group hires former Waitrose head of marketing communications
The Garden Centre Group has appointed former Waitrose head of marketing communications Sarah Fuller as its marketing director.
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NewsWalmart commits to Bangladesh and embarks on standards drive
Walmart has committed to continued sourcing from Bangladesh and to improve safety standards in the country.
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NewsLord Harris takes backseat as Carpetright rejigs board
Carpetright founder Lord Harris is to scale back his day-to-day involvement in the retailer, which has reshuffled boardroom responsibilities.
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NewsFormer special advisor to London Mayor appointed chair of New West End Company
New West End Company has revealed that former special advisor to the Mayor of London Sir Peter Rogers will succeed Dame Judith Mayhew-Jones as its chair.
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NewsRetailers act on safety code following Bangladesh factory collapse
A far-reaching new safety code is being drawn up for retailers that source from Bangladesh after the fatal factory collapse there that killed more than 400 people.
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NewsEbook growth stimulates UK book sales increase in 2012
The growth in ebooks stimulated a rise in total UK book sales last year with the format now accounting for 12% of the market.
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NewsM&S loses two womenswear buying bosses amid category overhaul
Marks & Spencer has lost two members of its womenswear team amid an overhaul of key categories to quell declining sales.
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News
Former Sun European operating partner Frank Maassen to join But
Former Sun European operating partner Frank Maassen has been appointed director-general of French furniture and electricals chain But.Maassen has worked across the electricals, homewares and furniture sectors including at furniture specialists ScS and Sharps Bedrooms. He replaces Regis Schultz who left to become chief executive of Darty.
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NewsMorrisons improves value offer as it nears Ocado deal
Morrisons has been urged to bolster its value credentials to outmuscle rivals and return to like-for-like growth.
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News
Clicks Group reports turnover increase
Clicks Group’s turnover increased 11% to ZAR8.5bn (£614.4m) in the first half of its financial year ended February 28.Clicks’ drugstore turnover rose 7% to ZAR5.6bn (£404.8m), while the number of stores reached 430.Operating profit at the group’s music and video chain, Musica, increased 27.3% despite the closure of eight outlets.However, ...
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NewsLafon celebrates sun in Claire’s style
Claire’s Accessories’ European boss Beatrice Lafon is clearly a fan of her own products.
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NewsHouse of Fraser drafts in new executives ahead of international push
House of Fraser has poached two senior executives to strengthen its top team as it mounts an overseas offensive.
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News
Convenience store group CP to acquire Siam Makro
Convenience store group CP All has signed an agreement to acquire Dutch SHV Makro-owned Siam Makro in Thailand.CP All, controlled by Dhanin’s Charoen Pokphand Group, will pay THB787 (£17.72) a share for 64% of Siam Makro, a total of THB188.88bn (£4.25bn). The acquisition is subject to shareholder approval.CP All is ...
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NewsArgos to confront showrooming by introducing free instore Wi-Fi
Argos is to confront the trend of showrooming head on in a vote of confidence in the continued appeal of its retail proposition.