All News articles – Page 1231
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NewsComet to launch Clearance Sale tomorrow
Collapsed electricals retailer Comet is to launch a Clearance Sale tomorrow.
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NewsAl Fayed owned Cocosa eyes overseas growth as it relaunches site
Cocosa, the discount designer etailer owned by Mohamed Al Fayed, is eyeing international growth as it relaunches its website to give it a more luxurious feel.
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NewsOcado non-food boss Simon Belsham returns to Tesco
Ocado non-food director Simon Belsham has left the online grocer just 18 months after joining the business.
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NewsOctober shop price inflation jumps sharply as food prices rise
Shop price inflation jumped to 1.5% in October from 1% in September driven by the rise in food inflation as increases in commodity prices finally filtered through to the consumer.
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NewsBurberry adjusted profits up 6%
Burberry adjusted profits jumped 6% to £173m in the six months to September against a 8% sales advance to £883m.
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NewsDunnes profits halve in UK arm
Irish grocer Dunnes has reported pre-tax profit in its UK arm halved last year as increased costs and a depressed economy hit performance.
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NewsShop Direct losses narrow as it eyes mobile growth
Littlewoods owner Shop Direct narrowed losses in its full year as sales remained flat.
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NewsDominic Prendergast named Clerys boss
Oxford Summer School boss Dominic Prendergast has been named managing director of struggling Irish department store Clerys.
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NewsComet to accept gift cards after temporary suspension
Comet customers with gift cards will now be able to spend them in the electricals retailer’s stores following a brief suspension by its administrator Deloitte.
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Ecommerce group Rakuten launches in Malaysia
Japanese ecommerce group Rakuten has launched in Malaysia as part of its international expansion strategy.The company, which owns Play.com, Buy.com, PriceMinister.com and is an investor in Pinterest, says it will offer more than 11,000 SKUs in Malaysia from more than 40 leading retailers.Rakuten will offer shoppers rewards via its loyalty ...
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NewsMorrisons boss Richard Pennycook screens ‘Tesco invades Denmark’ video
Morrisons finance boss Richard Pennycook dropped some wry humour into his presentation at the Retail Week Ecommerce Summit last week.
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Aldi Nord to close smaller shops in Germany
Aldi Nord aims to close smaller shops in Germany of less than 6,500 sq ft.Trade publication Lebensmittel Zeitung reported Aldi Nord has raised its new store specification to 12,900 sq ft from 10,800 sq ft to house branded goods, bakeries and plastic bottle recycling. It has so far revamped 75% ...
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Albert Heijn opens first online grocery collection point
Albert Heijn has opened its first collection point for online grocery orders in the town of Heemstede.The click-and-collect service does not require a minimum order or a collection fee. Albert Heijn plans to open further collection points in Naarden and Tilburg.All three pick-up points are standalone, but the retailer also ...
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Carrefour to sell Malaysian operations to Aeon
Carrefour is selling its operations in Malaysia to Japanese retailer Aeon for E250m (£200.8m).Carrefour is the fourth-largest retailer in the country, with 26 hypermarkets and a turnover of E400m (£321.3m) for the year to June 30.According to Carrefour, the disposal reflects its strategy of “allocating resources to mature countries where ...
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NewsMorrisons launches online wine site
Morrisons has launched its first foray into online shopping with the launch of Morrisons Cellar.
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NewsTesco non-food boss Terry Price exits
Tesco non-food boss Terry Price is to leave the retailer. His departure comes in the wake of poor general merchandise performance that the grovery giant has suffered for some time.
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NewsRetail Trust chief executive Nigel Rothband steps down
Retail Trust chief executive Nigel Rothband has stepped down from the charity which supports those who work in retail.
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NewsTesco to beat traffic jams with new delivery system
Tesco is trialling a new mapping system for its online delivery fleet as it looks to avoid traffic jams in the run up to the crucial Christmas period.
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NewsSainsbury's records strong growth as Morrisons loses share, says Kantar
Sainsbury’s, Aldi and Waitrose have continued their strong recent growth at the expense of Morrisons and The Co-operative, according to the latest figures from Kantar Worldpanel.
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NewsIn pictures: Oxford Street Christmas lights
Oxford Street’s Christmas lights were switched on last night by pop star Robbie Williams.