All News articles – Page 1214
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NewsShoppers switch meal plans based on promotions
More than half of food shoppers change their meal plans depending on promotions running in supermarkets, according to new research.
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Convenience store operator CP All reports record net profit
Convenience store operator CP All has reported a record net profit of Bt2.9bn (£58.9m) for the third quarter ended September 30, up 33% year on year, thanks to higher sales as a result of a promotional campaign.CP All aims to open about 500 new 7-Eleven convenience stores in Thailand next ...
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NewsAsos’ UK business has ‘turned a corner’ as sales rocket 24%
Asos boss Nick Robertson said the fashion etailer has “turned a corner” in the UK after a focus on price drove a sales surge in its first quarter.
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Walmart India spends $25m (£15.5m) on lobbying activities
Walmart in India has spent $25m (£15.5m) since 2008 on lobbying activities to facilitate its entry into the country, the BBC has reported. The revelation sparked angry exchanges in India’s parliament.The opposition Bharatiya Janata Party called for an investigation into Walmart’s lobbying.
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NewsShopping centre footfall down as customers move online
Footfall dropped 1.7% last week as customer numbers in shopping centres fell on last year.
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NewsGlasses Direct owner acquires contact lens specialist LensOn
Optical specialist Prescription Eyewear has acquired online contact lens specialist LensOn.
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Kesko opens first hypermarket
Finland-based retailer Kesko has entered the Russian grocery sector with its first hypermarket in St Petersburg under the K-Ruoka banner.Kesko aims to open four hypermarkets in the city by the end of 2013 and then expand to the Moscow region.Kesko also operates K-Rauta DIY and Intersport sports stores in Russia.
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Spar Austria plans online grocery shop
Spar Austria is planning an online grocery shop for its hypermarket and superstore banner Interspar in the Czech Republic.The retailer intends to make more than 40,000 products available online, it is reported.Rewe Group’s supermarket division Billa in the Czech Republic is also working on ecommerce for its full food and ...
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Aldi Nord chairman Berthold Albrecht dies
Berthold Albrecht, chairman of one of the family trusts of German discounter Aldi Nord and member of the board, has died at the age of 58.As well as the German and European operations, the son of Aldi Nord founder Theo Albrecht Sr was closely involved in its North American retail ...
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NewsPets at Home buys equestrian etailer Ride-Away
Pets at Home has acquired online and catalogue equestrian retailer Ride-Away, which is expected to “significantly expand” the retailer’s specialist credentials.
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Loblaw to form Real Estate Investment Trust
Loblaw is to form a Real Estate Investment Trust (REIT) to acquire a significant portion of its real estate assets. The grocer plans to sell units of the REIT through an initial public offering and will retain a significant majority interest. The expected completion date is mid-2013, subject to approval.The ...
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NewsAmerican Apparel press advert banned
The Advertising Standards Authority (ASA) has banned an American Apparel advert which “appeared to sexualise a child”.
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NewsWickes posts 5.8% like-for-like fall
Travis Perkins’ retail division, which largely comprises DIY chain Wickes, posted a like-for-like sales fall of 5.8% for the 11 months to the end of November.
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NewsSuperGroup profits jump as it drives overseas expansion
SuperGroup underlying pre-tax profit jumped 13.1% to £14.7m in its half year to October 28.
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NewsCarpetright eyes Tottenham Court Road store in London push
Floorings giant Carpetright is making a push for the capital as it seeks out smaller high street stores in London.
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NewsVideo: Bargain Booze launches TV ad campaign
Bargain Booze is poised to launch its new £1m TV advertising campaign.
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NewsWaitrose weekly sales rise 6.8%
Waitrose weekly sales rose 6.8% last week as shoppers stocked up on festive food.
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NewsComet: List of further stores to close
Comet has confirmed the locations of further store closures. Comet is expected to shut all of its stores by December 18 unless a buyer for the business can be found.
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NewsInditex UK boss Patel heads to the US as Italian boss takes over
Inditex UK boss Dilip Patel is to take the reins of the Spanish fashion giant’s fledgling US business as the boss of its Italian arm Lorenzo Marcheselli takes over the UK.
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NewsReiss UK EBITDA dips 14.5% as it invests in infrastructure
Reiss UK EBITDA dipped 14.5% to £11.2m in its year to January 31 despite a 5.3% sales jump which helped revenue break through the £100m barrier.