All News articles – Page 1197
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NewsPhase Eight poised to launch first stores in UAE
Phase Eight will open its first stores in the United Arab Emirates this month, as it focuses on overseas growth and ramps up its multichannel offer.
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NewsPoland confirmed as source of contamination in horse meat scandal
The Food Safety Authority of Ireland (FSAI) has confirmed that horse DNA found in beef burgers sold in UK supermarkets originated in Poland.
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NewsTesco fights back as sales growth outstrips rivals, Kantar reports
Tesco has matched the wider grocery market growth for the first time since June 2011 and has outmuscled archrival Sainsbury’s, according to Kantar Worldpanel data.
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NewsOcado sponsors Jamie Oliver’s new online food channel
Ocado has agreed a deal with former Sainsbury’s brand ambassador Jamie Oliver to sponsor the celebrity chef’s new online food programme.
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NewsPaphitis eyes stores from collapsed retailers HMV, Jessops and Blockbuster
Theo Paphitis, owner of Ryman Group and star of Dragons’ Den, is in the running to take on former HMV, Jessops and Blockbuster stores.
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NewsMajestic Wine poised to scrap TV ads after lacklustre campaigns
Majestic Wine is set to scrap TV advertising and plough investment into new store growth instead after lacklustre campaigns last year.
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NewsMarks & Spencer missing its Chinese sales targets by up to 30%
Under pressure retailer Marks & Spencer is missing its sales targets in China, which it has identified as a key market for international growth, by as much as 30%.
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NewsThe Hut Group buys cycling accessories etailer Probikekit.com
The Hut Group, which is set to launch an IPO this year, has snapped up online cycling accessories business Probikekit.com from private equity firm Encore Capital for an undisclosed sum.
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NewsCarpetright UK like-for-likes edge up 3.2% but Dutch sales remain weak
Carpetright UK like-for-likes edged up 3.2% in its third quarter to January 26 but plunged 11.5% in the rest of Europe as sales at its Dutch business remained weak.
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NewsConsumer sentiment improves but shoppers remain cautious
Consumer sentiment regarding disposable income improved six points year-on-year to -33% in the last quarter of 2012 as falling inflation and rising employment last year “brought some relief to UK consumers”, according to the Deloitte Consumer Tracker.
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NewsFormer Aquascutum boss Kim Winser to set up womenswear etail business
Former Aquascutum chief executive Kim Winser is to launch a new online womenswear retailer selling direct and through fashion etailer Net-a-Porter.
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NewsMorrisons enters into new price negotiations with suppliers
Supermarket Morrisons is in negotiations with suppliers about securing better terms just six months after it called them in and asked for discounts.
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NewsRBS chief defends two-year support for HMV before its collapse
Royal Bank of Scotland boss Derek Sach has defended the bank’s strategy to lend support to HMV, keeping it out of bankruptcy for two years, before it collapsed this month.
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NewsFormer Allders bosses face questions about money owed to concessions
The former bosses of Croydon department store Allders are facing questions about money owed to businesses that operated concessions in the shop.
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NewsWaterstones serves up some goodwill
After HMV and Blockbuster’s collapses last week, the entertainment sector is in trouble and it looks as if Waterstones is thinking of opening a soup kitchen in stores.
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NewsVictoria's Secret opens first airport store in Stansted
US lingerie retailer Victoria’s Secret has opened its first stand-alone UK airport store at Stansted, following the launch of its first stores here last year.
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NewsVince Cable calls for review on decision to delay rates revaluation
Business secretary Vince Cable has backed calls for the Government to review its decision to delay the rates revaluation for two years.
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NewsTesco begins 'urgent' investigation after withdrawn burgers found on sale after horse meat scandal
Tesco has apologised and launched an urgent investigation after burgers that had been withdrawn from sale as a result of the horse meat scandal were sold to the public.
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NewsShopper support and discounts drive 45% like-for-like surge at HMV
HMV’s like-for-likes have surged since its collapse, rocketing 45% in recent days as shoppers took advantage of discounts and also showed support for the beleaguered entertainment retailer.
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NewsRetail bosses attack corporate tax avoidance
The bosses of some of the UK’s biggest retailers have vented their anger at the major tax avoidance of multinational companies such as Starbucks and Amazon.