All News articles – Page 1192
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NewsPoundshops pull punches over power
A fight broke out on Twitter this week among the pound shops, over the hugely controversial subject of batteries.
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NewsAll Saints suffers six-month sales decline as it reduces discounting
All Saints like-for-like sales plunged every month for six months during the second half of 2012 as the premium fashion retailer focused on a more full-price strategy.
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NewsDanish mattress brand Tempur Mattresses to open first UK store in Bluewater
Danish mattress brand Tempur Mattresses, which uses NASA technology to create its products, is to open its first store in the UK in Bluewater shopping centre this summer.
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NewsAll beef products to be tested after further horse meat found
The Food Standards Agency has called for UK food manufacturers to test all processed beef products following the horse meat scandal which has shocked the food industry.
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NewsHMV administrator Deloitte makes 60 further head office job cuts
HMV’s administrator has made a further 60 redundancies at head office, bringing the total number of job cuts at the struggling entertainment retailer to 1,180.
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NewsFormer JJB executive chairman Sir David Jones charged by Serious Fraud Office
Former JJB executive chairman Sir David Jones has been charged by the Serious Fraud Office with two offences in connection with forgery and misleading statements made to the market in 2009.
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NewsBurberry finance director Stacey Cartwright quits after nine years
Burberry finance director Stacey Cartwright is to leave the luxury fashion retailer after nine years and takes a £4m share pay out with her.
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NewsFormer Baugur boss Johannesson found guilty of tax evasion
Jon Asgeir Johannesson, the former boss of Baugur, which held stakes in retailers including House of Fraser, Hamleys and Oasis, has been convicted of tax evasion by Iceland’s Supreme Court.
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NewsTesco hires managing director for its diverse London stores
Tesco has hired a managing director for its London stores as it aims to tailor shops to suit the diversity of affluence and ethnicity in the capital.
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NewsJohn Lewis has 'great start' to financial year as sales soar 20.6%
Department store John Lewis “great start” to its new financial year as sales soared 20.6% last week as the Six Nations rugby boosted sales at sister retailer Waitrose.
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JC Penney to reinstate promotions strategy
JC Penney is to reinstate promotions in a reversal of its year-old strategy of everyday low prices. The shift comes amid declining sales and a shopper backlash against chief executive Ron Johnson’s decision to abandon the hundreds of discounts, coupons and Sales a year the retailer was known for.The retailer ...
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NewsEtailer Worldstores tie up with Wonga for new payment scheme
Worldstores.com, has partnered with digital finance company Wonga to offer customers a new online payment tool allowing them to spread the cost of a purchase across three months.
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Revenue increase for LVMH’s Selective Retailing division
Revenue at LVMH’s Selective Retailing division, which includes beauty specialist Sephora, rose 22%, or 14% on a comparable basis, to e7.9bn (£6.8bn) in 2012. Profit from recurring operations increased 19% to e854m (£735.9m).The group said it continued to achieve “an excellent level of performance” and made market share gains across ...
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NewsLeahy's desert island destiny
Former Tesco chief executive Sir Terry Leahy was on good form on Desert Island Discs, when he gave a candid interview about his life and career.
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NewsCompany profile: Dunelm Mill
Value homewares retailer Dunelm Mill has carried strong momentum into 2013 after a blockbuster 2012, which echoed the Olympian efforts taking place in east London.
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Regis Schultz appointed chief executive at Darty
Consumer electronics specialist Darty has appointed Regis Schultz, at present the head of French retailer But, as its new chief executive effective from May 1. He will take over from Dominic Platt, who has held the position temporarily since Thierry Falque-Pierrotin stepped down in September.
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NewsBusiness rates hike to put creation of 14,500 jobs at risk
The creation of up to 14,500 new retail jobs is under threat if the Government implements its planned 2.6% business rates hike in April, according to estimates.
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NewsRetail growth to increase in next 10 years as more ‘considered consumer’ emerges
Retail sales are expected to grow at a faster rate over the next decade than the past 10 years as a “new era of buying” is ushered in by the rise of the ‘considered consumer’.
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NewsSuperGroup eyes digital growth as it invests in "world class" website
SuperGroup, owner of trendy young fashion chain Superdry, is gearing up for a digital push in the next six months as it aims to boost its online sales.
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NewsBoost to the ‘bottom line’ at Ann Summers
Ann Summers has taken its first steps into the world of cosmetic surgery, offering “breakthrough” bottom lifts to its customers.