All News articles – Page 1183
-
NewsSports Direct buys young fashion retailer Republic out of administration
Sportswear giant Sports Direct has confirmed it has acquired young fashion retailer Republic out of administration.
-
NewsSports Direct owner Mike Ashley front runner in Republic race
Sports Direct founder Mike Ashley has emerged as the front runner to snap up the majority of collapsed fashion chain Republic’s business.
-
NewsJohn Lewis staff in consultation as it relocates distribution centre
John Lewis is to relocate a key distribution centre from west London to Milton Keynes putting 560 staff under consultation.
-
NewsHMV administrator Deloitte sells Asian stores to AID Partners
HMV administrator Deloitte has sold the collapsed entertainment retailer’s stores in Hong Kong and Singapore to AID Partners Capital.
-
NewsLeona Lewis is named as The Body Shop's new brand activist
The Body Shop has unveiled singer Leona Lewis as its new brand activist, as she launches a make-up and fragrance collection with the beauty retailer.
-
NewsConsumer confidence maintains three-point gain in February
Consumer confidence held steady in February, beating analysts’ expectations and maintaining the three-point gain in January, which took it to -26.
-
-
News
ShopRite posts first half sales growth
ShopRite has posted sales growth of 13.8% to R46.7bn (£3.5bn) for the first half ended December 31, 2012.The Sub-Saharan grocery market leader also revealed an increase of 16% in trading profit to R2.5bn (£187.4m). Net profit rose 19.6% to R1.7bn (£127.4m).In South Africa, the retailer increased turnover by 11.5% to ...
-
News
H&M considers India store openings
H&M is considering opening stores in India to tap into growing opportunities after recent government liberalisation measures.H&M said it was preparing to apply to launch wholly owned subsidiaries in the country. It aims to cater for a growing urban middle-class keen for Western-lifestyle products. In a statement released by the ...
-
News
Alfamart launches new online shopping service
Convenience group Alfamart has launched alfaonline.com, a new online shopping service.Alfamart IT director Bambang Setiawan Djoj said: “Alfamart is the first convenience store retailer in Indonesia that has launched an ecommerce site.”Customers can have goods delivered to their homes or visit their nearest Alfamart store. The service is available at ...
-
NewsStore closures surge tenfold in 2012 driven by retail administrations
An unprecedented level of large-scale retail collapses pushed the number of store closures among multiple retailers up tenfold in 2012.
-
NewsM-commerce truly arrives in 2012 as sales hit £7.5bn
M-commerce sales hit £7.5bn in 2012, which has been branded the year in which “mobile truly arrived” by internet trade body IMRG.
-
NewsTesco chief Clarke: Horse meat scandal will lead to industry transformation
Tesco chief executive Philip Clarke believes the horse meat scandal will lead to a transformation in the food sector and describes it as a “pivotal moment for our industry”.
-
NewsHorse meat offenders face legal action, says environment secretary
Environment secretary Owen Paterson has vowed that those responsible for the horse meat scandal will feel the “full force of the law”.
-
NewsThe Co-operative hires Rebecca Skitt as new group HR director
The Co-operative has hired former Unilever and Barclays executive Rebecca Skitt as its new group human resources director.
-
NewsJohn Lewis to invest £57m in store refurbs over next two years
Department store John Lewis is to invest £32m in an “extensive” refurbishment programme across four shops in the next two years, including its flagship on London’s Oxford Street.
-
NewsAsda launches nappy TV ad as it looks to grab Huggies' share
Asda has launched a TV advert to promote its Little Angels nappy range in a bid to capture the 22% market share up-for-grabs when nappy brand Huggies exits the UK.
-
NewsShoe Zone bounces back into the black after reducing discounts
Value footwear retailer Shoe Zone bounced back into the black last year after reducing levels of discounting and keeping a tight control on costs.
-
NewsGrocery giant Tesco vows to source more of its meat from UK
Grocery giant Tesco is to source more of its meat from the UK and will improve its DNA testing following the horse meat scandal.
-
News
Zalando reports revenue increase
Online shoe and fashion retailer Zalando’s revenues increased 125% to E1.15bn (£1.01bn) in 2012.Preliminary EBIT loss widened to E90m (£79.2m) after a loss of E60m (£52.8m) in the previous period.The retailer said it broke even at EBIT level in Austria, Germany and Switzerland.