All News articles – Page 1163
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News
Select owner bullish over expansion strategy as like-for-likes rise
The owner of Select has insisted that the fashion retailer needs 350 shops on the high street despite a growing online business and challenging economic headwinds.
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NewsCompany profile: Moss Bros
The suit retailer has pulled its socks up in recent years, and there is still plenty of growing room.
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News
Hypermarket group Leclerc pilots new distribution approach
Hypermarket group Leclerc is piloting a new distribution approach in Croix, northern France.A 48,400 sq ft rented warehouse is being used to fulfil orders for three different collection points as part of its Drive concept.In the central distribution centre, 8,000 SKUs are stored in four temperature zones. Employees pick orders ...
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German hard discounter Aldi Süd opens nine stores in Texas
German hard discounter Aldi Süd opened nine stores in Houston, Texas last week.The retailer wants to open 30 new shops over the next two years, investing more than $125m (£81.5m) in the Houston Metro area.The launch extends Aldi’s Texan presence, which is focused on the Dallas/Fort Worth district, which it ...
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NewsConsumers seek quality in food products after horsemeat scandal
Grocery shoppers are putting renewed emphasis on the quality of the food they buy in the wake of the horse meat controversy.
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NewsBrandAlley challenges perceptions of discount sites with new ad
Etailer BrandAlley has unveiled an ad campaign designed to improve the perception of discount fashion.
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NewsVideo: Analysts debate Tesco’s US exit, UK store refresh and space race
Alex Lawson asks Panmure Gordon investment analyst Philip Dorgan and Verdict Research senior retail analyst Andrew Stevens whether Tesco is enacting the right strategy.
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NewsJohn Lewis eyes mobile phone market amid broadband push
John Lewis is poised to take on communications giants and mobile phone retailers in the smartphone market.
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NewsHMV market share stable as grocers grab entertainment custom
HMV has maintained a stable market share in the first quarter despite shuttering a number of stores after crashing into administration.
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NewsRetail sales slip 0.5% as wintry weather leaves non-food out in the cold
Retail sales volumes slipped 0.5% in March as the cold conditions pulled down the performance of non-food.
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NewsDIY group Kingfisher expands into Romania with 15-store acquisition
B&Q owner Kingfisher is to expand into Romania after acquiring 15 Bricostore shops from French retailer Group Bresson.
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NewsDebenhams blames snow for first-half profits fall
Department store group Debenhams’ pre-tax profits fell 5.4% to £120.3m in its half year as snowfall hampered sales in January.
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NewsSainsbury’s puts Holborn headquarters on the market as 150 staff moved
Sainsbury’s is to move 150 staff from its central London head office to Coventry and Manchester after putting its Holborn office on the market.
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News
French retailer ITM plans to open petrol stations in Poland
French retailer ITM (Intermarché) plans to open petrol stations in Poland operated independently of its stores.ITM already has two pilot petrol stations in the country and plans another five this year.Rival retailer Leclerc is also said to be mulling opening petrol stations in Poland that may be used as collection ...
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NewsAnn Summers eyes wholesale growth as it reports profits jump
Ann Summers is plotting wholesale growth after its tieup with Shop Direct helped to drive a profits rise in its last financial year.
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News
Amazon China to link with convenience store operator FamilyMart
Amazon China is linking with convenience store operator FamilyMart on a payment and collection service for customers in Shanghai.Around 100 pick-up points will be introduced initially, covering most areas of the city and mainly in stores that are open 24 hours. The scheme could potentially be extended if successful. Amazon ...
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News
X5 Retail Group reports net sales increase
X5 Retail Group has reported sales of RUB126.3bn (£2.63bn) in its first quarter ended March 31, an increase of 8.1% year on year.The increase in net retail sales was driven by additional store space, price inflation, the positive performance of maturing stores added over the past two years and promotions. ...
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NewsTesco UK boss Chris Bush: I’ll rekindle shoppers’ love affair with Tesco
Tesco UK managing director Chris Bush has vowed to rekindle the British consumer’s affection for the grocer by making it the supermarket of choice rather than a default option.
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News
JD Sports Fashion: What the analysts say
JD Sports Fashion’s profits were hit by losses from outdoor retailer Blacks, which it acquired last year, however the City seems positive about its the long term prospects.
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NewsMarks & Spencer returns to the Netherlands in European push
Marks & Spencer has returned to the Netherlands after a 10-year absence with new stores and an online business.