All News articles – Page 1204
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NewsNRF: Walmart boss Bill Simon says retailers need to lead economic renewal
Retailers need to play a central role in leading an economic renewal, Walmart chief executive Bill Simon said at the NRF conference in New York today.
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NewsHMV boss "convinced" retailer can be saved as it teeters on the brink
HMV boss Trevor Moore is “convinced” the business can be rescued despite the entertainment specialist putting Deloitte on standby as administrator.
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NewsMamas & Papas cuts pre-tax losses as it invests in growth plan
Mamas & Papas cut its pre-tax losses in its last financial year despite sales remaining flat as it invested in its plan to become one of the biggest global nursery brands in five years.
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NewsCapital Shopping Centres to rebrand as Intu and rename malls
Capital Shopping Centres (CSC) is to launch a new brand across its shopping centres and enhance its online presence as part of a £25m investment.
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NewsBrand Alley completes management buyout and appoints new chairman
Fashion etailer Brand Alley has completed a management buyout backed by private investors from joint venture partners News International and Brand Alley France.
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NewsKantar declares ‘dead heat’ between Sainsbury’s and Tesco in Christmas grocery battle
A ‘dead heat’ has been called between Tesco and Sainsbury’s by Kantar Worldpanel after releasing data which showed the archrivals recorded identical growth rates over Christmas.
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NewsRetail price inflation rises to 3.1% in December, shows figures from the ONS
The rate of retail price inflation edged up to 3.1% in December from 3% in November, figures from the Office for National Statistics released today have shown.
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NewsNRF: Amazon's success down to luck and timing, says founder Jeff Bezos
Amazon founder Jeff Bezos has said the company’s phenomenal success over the past two decades is partly down to “a tremendous amount of luck and a lot of great timing”.
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NewsBurberry like-for-likes up 6% in third quarter driven by outerwear
Luxury fashion brand Burberry generated a 6% jump in like-for-likes for its third quarter to December 31, helped by a “strong” performance in the run-up to Christmas.
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NewsNRF: Retail in midst of 'seismic change', says Starbucks chief
Retail is in the midst of a “seismic change” caused by technology that is making mobile “mission critical”, Starbucks chief executive Howard Schultz said at the NRF conference on Monday.
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NewsNRF: Macys.com plans Amazon-style internal data-driven testing
US department store chain Macy’s is planning to develop an internal testing capability that will enable it to use data analytics in a similar way to online giant Amazon.
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NewsThe Co-operative Food like-for-likes edge up 2.2% over Christmas
The Co-operative Food like-for-likes edge up 2.2% over Christmas, which were driven by its convenience stores, as sales growth continued through the second half of 2012.
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NewsOcado sales surge over Christmas period and fourth quarter
Online grocer Ocado experienced a sales surge of 14.2% to £91.6m in the six weeks to January 6 on the back of soaring fourth quarter revenue, which jumped 12.4%.
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NewsHalfords like-for-likes flat over Christmas as it ups profit forecast
Halfords retail like-for-likes remained flat in the 15 weeks to January 11 as the cycle and car parts specialist upgraded its profit forecast for the year.
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NewsUPDATED: HMV suspends shares and confirms administration beckons
Entertainment retailer HMV has suspended its shares and revealed it is set to call in Deloitte, as it filed a notice of intent to appoint an administrator.
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NewsRiver Island owners take stake in The Hut Group ahead of IPO
The family behind fashion retailer River Island has invested in The Hut Group. The investment is set to fund further acquisitions for the online retail group.
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NewsNRF: Uggs-owner Deckers Outdoor invests in technology before expansion
Deckers Outdoor, the parent of footwear retailers including Ugg, has invested in technology to enable it to glean real-time insight into item and store sales as it ramps up global expansion.
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NewsNRF: Kofi Annan calls for retailers to engage small scale farmers
Retailers need to incorporate more small scale farmers into their supply chains, former UN secretary general Kofi Annan said at the NRF conference in New York today.
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NewsNRF: US retailers urged to challenge industry perceptions
Retailers need to challenge the US government’s perspective of the industry, the president of the National Retail Federation Matthew Shay said today.
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NewsFormer retail analyst launches True Capital with £100m investment fund
Former retail analyst Matt Truman has launched a new investment fund set to plough £100m into retail and consumer businesses.