All News articles – Page 1200
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News
Casino reports sales growth
Casino has reported sales growth of 22.1% to e41.97bn (£35.25bn) in 2012, corresponding to a 4% organic rise (at constant consolidation and exchange rates).Fourth-quarter sales rose 3.2% to e12.9bn (£10.83bn). There was with an 8.5% rise for Casino’s international operations in Brazil, South America and Asia, compensating for a 2.2% ...
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Rakuten's Canadian Kobo ereader subsidiary exceeds market forecasts
Rakuten’s Canadian Kobo ereader subsidiary said it exceeded market forecasts during the second half of 2012.It sold more than 4 million devices during the six-month period, bringing its total number of registered users to 12 million.The company said ereader sales jumped by almost 150% in December, driven by market entries ...
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Ahold records net sales increase
Ahold recorded an 8.5% increase in net sales to E32.8bn (£27.51bn) for its full year 2012. At constant exchange rates, sales were up 3.5%.In the fourth quarter, net sales rose 7.5% to E7.8bn (£6.54bn), and US sales advanced 4.3% to $6.1bn (£3.84bn). Sales in the company’s domestic market climbed 7.7% ...
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NewsVince Cable rejects calls for Government to support retail
Business secretary Vince Cable has dismissed criticism levelled at the Government in the past week that more needs to be done to help support the retail sector following a series of collapses.
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NewsLinks of London owner Folli Follie Group appoints new managing director
Links of London owner Folli Follie Group UK has appointed its chief financial officer Declan Delanty as managing director, replacing chief executive David Riddiford who has left the company.
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News
Whole Foods Market chief executive John Mackey faces backlash from customers
Whole Foods Market chief executive John Mackey faced a backlash from customers after he likened President Obama’s health care reforms to fascism.The comment was made during an interview to promote his new book when Mackey was asked about a 2009 article in the Wall Street Journal in which he had ...
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NewsThe Hut Group holds talks with Hearst Magazines to launch retail sites
The Hut Group is in talks with the publisher behind magazines Cosmopolitan, Elle and Esquire to create retail websites for its portfolio of brands.
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NewsThe Perfume Shop appoints new brand and marketing boss
The Perfume Shop has promoted Michelle D’vaz to the position of brand and marketing manager to lead its advertising strategy.
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NewsRestructuring specialist GA Europe eyes Blockbuster UK
Collapsed DVD rental chain Blockbuster UK is being eyed by restructuring firm GA Europe as administrators Deloitte prepare to close the first tranche of stores.
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NewsHilco UK acquires HMV debt from Lloyds and RBS
Turnaround specialist Hilco UK has acquired HMV’s debt for £40m, effectively handing control of the collapsed entertainment specialist to the restructuring firm.
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NewsBeales chief executive Tony Brown to become Peacocks managing director
Beales chief executive Tony Brown is to leave the department store group and is understood to be joining Peacocks as managing director next month.
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NewsThe Midlands Co-operative to close fashion and home department stores
The Midlands Co-operative is to close its fashion and home department stores after failing to compete with online rivals in a phased closure programme over the next six months.
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NewsFormer M&S boss Sir Stuart Rose appointed Ocado chairman
Sir Stuart Rose has been appointed chairman of online grocer Ocado, in a stock market comeback, replacing Lord Grade, who is standing down after seven years.
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NewsRetailers pull out stops to minimise disruption caused by snow
Retailers have taken action to ensure as little disruption as possible to business after snow and poor weather hit many parts of the country over the weekend.
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NewsPet specialist Pets at Home to launch in-store magazine
Pets at Home will launch a magazine this Easter, which it says will be the UK’s biggest circulating pet-centred magazine available across its 330-store estate.
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NewsHMV administrator Deloitte conducts u-turn on gift vouchers
Deloitte says HMV stores will begin to accept gift vouchers again from Tuesday after suspending their use last week when it fell into administration due to poor trading.
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NewsSpar installs Amazon lockers as it ramps up multichannel
Spar has become the latest retailer to introduce Amazon collection lockers in-store.
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NewsFormer Co-op farming boss Christine Tacon appointed first Groceries Code Adjudicator
The Government has appointed Christine Tacon, the former head of Co-operative Group’s farming business, to the newly-created role of independent Groceries Code Adjudicator (GCA).
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NewsRetail crime soars 15.5% as incident reporting drops “dramatically”
Retail crime surged 15.6% last year to £1.6bn, but “dramatically” fewer incidents were reported to police, suggesting a fall in confidence in officer responses.
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NewsHotel Chocolat poaches Monsoon man as first international director
Chocolatier Hotel Chocolat has hired former Monsoon and Body Shop executive Roger Williams as its first international director after posting record sales and profits.