All News articles – Page 1194
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News
Supermarket chain Mega Image opens new-model store
Delhaize Group’s Romanian supermarket chain Mega Image has opened a new-model store in Bucharest. The store is twice as large as an average Mega Image shop with 17,200 sq ft of sales space and differs in its broad assortment, modern layout and signage.The store focuses mainly on fresh food, particularly ...
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News
Best Buy to close 15 big-box Canadian stores
US-based electronics specialist Best Buy has revealed it will close 15 of its big-box stores in Canada.The initiative is the first step in a three-year strategy to optimise Best Buy’s retail footprint across its markets, according to the company.The retailer plans to open Future Shop small stores, ecommerce banners and ...
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News'Midsummer murder' for retailers if Government pushes back rates revaluation
Retailers face a “midsummer murder” if the Government presses ahead with a postponement to business rates revaluation by two years.
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NewsBeales falls into the red as it refinances with asset-based deal
Beales has secured an asset-based refinancing with Burdale after it fell into the red as like-for-likes dropped 5.6% last year.
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NewsConran Shop enjoys strong Christmas as it rolls out new store design
Upmarket furniture retailer Conran Shop is poised to roll out its new store design across the business after reporting a strong Christmas.
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NewsVideo: The Co-operative supports gay marriage
The Co-operative has created a video expressing support for gay marriage ahead of a vote in parliament tonight.
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NewsWaterstones restructures as it creates new retail director role
Books retailer Waterstones has restructured as it head of books Rik McShane is promoted to the newly created role of retail director.
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NewsNew Superdrug TV advert to focus on customer service
Superdrug will launch a new TV advert on Thursday starring its own store staff as it promotes its customer service in a move away from its previous celebrity-led campaigns.
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NewsGieves & Hawkes hires new management team to drive growth
Menswear brand Gieves & Hawkes has hired a new management team to drive growth with long-serving Chinese boss Ray Clacher promoted to managing director.
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NewsRepublic chairman Andy Bond departs as restructurer KPMG appointed
Republic chairman Andy Bond left the fashion retailer last week it has emerged, as it appointed restructurer KPMG to help it shed some of its 121 stores.
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NewsGrocers ordered to publish DNA test results as horse meat scandal escalates
The big supermarkets have been ordered to publish the findings of internal DNA testing into contaminated products amid the horse meat scandal to retain consumer confidence.
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News
Retail sales show strongest growth in 13 months despite snow
Retailers defied the snow in January as the like-for-like value of retail sales increased 1.9% year on year, which is the strongest growth for 13 months.
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NewsCSL reports record year as it plans expansion in Scotland
Sofa retailer CSL revealed a pre-tax profit jump from £200,000 to £2.5m in the year to December 31, 2012 as it plans to invest £4m to expand the business in Scotland.
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NewsUpmarket grocer Booths revamps wine offer as it eyes profit growth
Booths has revamped its wine department as it ratchets up competition against rivals Majestic Wine and Marks & Spencer and faces a pivotal quarter’s trading.
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NewsVideo: Lovehoney launches TV ad for official Fifty Shades of Grey range
Online sex toy retailer Lovehoney has launched a TV advert for its Fifty Shades of Grey Pleasure Collection as it tries to tap into a mainstream audience for the range.
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NewsFormer Borders boss opens new retail venture
Former Borders chief executive Philip Downer has opened a new gifts, books and homeware store, Calliope Gifts.
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News
Kingfisher reshuffles top team to fill Euan Sutherland's responsibilities
DIY group Kingfisher has split the responsibilities held by outgoing chief operating officer Euan Sutherland to two members of its senior management team.
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NewsNightclub stake sale completes disposal of HMV Live business
HMV administrator Deloitte has sold the collapsed entertainment retailer’s share in its G-A-Y bars and Heaven nightclubs signalling the end of its live division.
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NewsMatalan loses two senior directors after Christmas sales fall
Matalan has lost two of its most senior directors just weeks after the retailer revealed sales fell 1.5% over Christmas due to a reduction in discounting.
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NewsMorrisons acquires Jessops stores as convenience arm expands
Morrisons has acquired seven Jessops stores in a bid to step up the expansion of its M Local convenience chain and fightback against its rivals Tesco and Sainsbury’s.

















