All News articles – Page 1271
-
NewsAndy Bond claims big four grocers have lost appeal
Wiggle chairman and former Asda boss Andy Bond has said the big four grocers “aren’t providing the appeal they once did” for shoppers as they lose market share to the discounters.
-
NewsShoppers return to West End as Olympics provides boost
Retailers in the West End have reported a improvement in their fortunes as shoppers flooded back to the district, boosted by the Olympics.
-
-
NewsJohn Lewis's 'insania' move to lure back West End shopper during Olympics
With footfall slumping in London’s West End as consumers avoid potential Olympic chaos, John Lewis Oxford Street is pulling out all the stops to entice shoppers to the store.
-
NewsWestfield London footfall bolstered by the Olympics
Developer Westfield insists that the Olympics has had a “positive impact” on its west London complex in contrast to this week’s footfall figures for the region.
-
NewsWest End retailers launch emergency campaign to lure back shoppers during Olympics
Retailers in London’s West End are preparing an emergency “six-figure” advertising campaign to try to lure shoppers back during the Olympics.
-
NewsJohn Lewis sales soften last week but first half revenue soars
John Lewis reported a “softer sales performance” over the week to July 28 as its first half sales soared 12.9%.
-
NewsUpmarket frozen food retailer Cook launches online delivery
Premium frozen food retailer Cook is trialling an online delivery service as it looks to expand its multichannel operations.
-
News
Apple posts net sales growth
Apple posted net sales of $35bn (£22.29bn) for its third quarter ended June 30, up from $28.6bn (£18.21bn) in 2011.Net profit rose from $7.3bn (£4.64bn) last year to $8.8bn (£5.6bn).International sales accounted for 62% of the quarter’s revenue. Apple sold 26 million iPhones, representing 28% unit growth, while 17 million ...
-
News
JCPenney to stock discount apparel brand
Department store group JCPenney will stock Canadian grocer Loblaw’s discount apparel brand, Joe Fresh, in 700 stores starting in April 2013. The areas, designed by the Joe Fresh team, will range from about 1,000 sq ft to 2,500 sq ft, and debut with women’s apparel. Joe Fresh products will also ...
-
News
Amazon records increase in sales
Amazon recorded a 29% increase in sales to $12.83bn (£8.17bn) in its second quarter ended June 30. That was slightly below Wall Street expectations and compared with a record 51% growth for the corresponding quarter last year.Operating profit declined to $107m (£68.1m) from $201m (£128m). Revenue at the company’s North ...
-
NewsAbel & Cole customers are like no others
Customers of organic fruit and veg etailer Abel & Cole are truly another breed.
-
NewsCastorama’s Christian Mazauric to take on B&Q finance director role
B&Q has hired a new finance director as James Skelton moves to a group role.
-
NewsAnalysis: Fortnum & Mason focus on growth
The appointment of a new chief executive should boost the retailer’s online and overseas targets.
-
NewsCo-op refinancing may lead to acquisition
The Co-operative Food could acquire a smaller operator after the retailer secured a refinancing of almost £1bn this week.
-
NewsWestfield Stratford to close to non-Olympic attendees
Retailers have vented their frustration at LOCOG’s decision to close Westfield Stratford City to members of the public without a ticket for the Olympic Games on Friday and Saturday between 10.30am to 5pm.
-
NewsShop vacancy rates return to record high
Shop vacancy rates increased to their highest recorded level in June.
-
NewsHMV boss Simon Fox exits as Jessops' Trevor Moore takes the post
HMV chief executive Simon Fox has stood down from the retailer and will be replaced by former Jessops boss Trevor Moore.
-
NewsNext powers ahead in online fulfilment war
Next’s compelling delivery options powered growth at its Directory arm in the first half, as fulfilment increasingly becomes a critical battleground in the fight for online spend.
-
NewsWest End retailers suffer as Olympics puts off shoppers
London’s West End retailers’ dreams of capitalising on tourist spend during the Olympics were in doubt this week as shoppers steered clear of the area.