All News articles – Page 1175
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News
Amazon appoints vice-president of European operation
Amazon has appointed Ezequiel Szafir to the role of vice-president of its European operation.Szafir has been managing director of Spanish clothing retailer Cortefiel since 2009 and will take up his position at the end of March.The appointment is aimed at reinforcing the online giant’s position in Europe. It also hints ...
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NewsVideo: Asda launches Budget-themed advert for Price Lock promotion
Asda has released a new TV advert and price promotion focused on today’s Budget as it looks to highlight pressure on consumer spending.
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News
Adeo claims 2012 results make it European DIY leader
Adeo has claimed its 2012 results now make it the European DIY leader, ahead of UK-based Kingfisher, which announces its 2012 results later this month.The owner of the Leroy Merlin banner reported that sales rose 8.3% to E14.9bn (£12.76bn) for the year, driven by a 3.4% rise in like-for-like sales. ...
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News
Discount banner Rema 1000 reports sales growth
Discount banner Rema 1000 grew sales by 19.5% in Norway and Denmark during 2012.The business boosted owner Reitangruppen’s net sales by 12.4% to NOK71.7bn (£8.18bn) for 2012. EBITDA increased by 19.8% to NOK2.17bn (£247.6m).Revenue growth was also lifted by Reitan’s acquisition of more than 1,000 kiosks in Finland and the ...
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NewsHigh street personality toolkit launches to boost struggling centres
A new Government-funded toolkit designed to boost high streets based on their ‘personalities’ launches tomorrow (Wednesday).
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NewsFindel disposes of healthcare division as group sales soar
Findel is to dispose of its healthcare division to LDC, the private equity arm of Lloyds Bank as group sales jump 8.3% in its year to date.
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NewsAsda poised to launch kids Chosen By You grocery range
Asda is poised to launch a range of grocery products aimed at children which will be constructed following customer reviews of its products.
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NewsUpdated: Sainsbury's complains to rival Tesco over its Price Promise
Sainsbury’s has complained to rival Tesco about certain products that it is comparing in its Price Promise coupon at till scheme.
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NewsSainsbury's boss calls for National Insurance holiday ahead of Budget
Sainsbury’s chief executive Justin King has called for Chancellor George Osborne to give businesses a National Insurance holiday to encourage job creation in tomorrow’s Budget.
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NewsWalgreens and Alliance Boots strike deal with pharmaceutical distributor
Walgreens and Alliance Boots have a signed a 10-year buying deal with North American pharmaceutical distributor AmerisourceBergen to increase the three companies’ economies of scale in wholesaling.
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NewsJaeger chairman Stewart Binnie exits after less than a year
Jaeger executive chairman Stewart Binnie has left the premium fashion retailer, after just nine months at the helm, Retail Week can reveal.
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NewsCampaign group in fight for horse meat compensation from retailers
A campaign group is mounting an operation to receive compensation for consumers sold products implicated in the horse meat scandal.
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NewsDiscounter B&M Bargains' profits rocket 43% after strong year
B&M Bargains recorded a 43% surge in profits last year as pressure on disposable income drew more shoppers to the value chain.
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NewsSainsbury’s posts strong fourth quarter as full-year like-for-likes rise 1.8%
Sainsbury’s has reported a strong fourth quarter which contributed to a 1.8% rise in full-year like-for-likes, buoyed by a surge in own-brand sales.
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NewsMajestic appoints Kingfisher's Ian Harding as non-executive director
Wine warehouse Majestic Wine has appointed Kingfisher group communications director Ian Harding to its board as a non-executive director.
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NewsWaitrose launches gardening range in bid to be 'serious' player in category
Waitrose is this week launching a gardening range as it aims to become a “serious” retailer in the category.
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NewsFootfall up 0.8% in February as high streets improve
Footfall jumped 0.8% in February year on year and was up from a 4.6% decline in January, as high streets delivered their best performance since December 2011.
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NewsMarks & Spencer braced for Qatari takeover bid
British department store Marks & Spencer is braced for a reported £8bn takeover bid from Qatar.
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NewsGrocer Tesco suspends organic vegetable box scheme
Tesco has suspended its Soil & Seed organic vegetable box scheme just four months after it launched due to IT problems.
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NewsCostcutter boss vows to up pressure on major grocers
Costcutter chief executive Darcy Willson-Rymer has vowed to up the ante on the Tesco, Sainsbury’s and Morrisons as the battle for the convenience grocery market intensifies.