All News articles – Page 1274
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NewsCo-operative Group secures £950m in refinancing deal
The Co-operative Group, which includes the food retailer The Co-operative Food, has agreed a £950m refinancing deal with a group of banks led by Barclays.
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NewsProfits double at upmarket frozen food retailer Cook
Family-owned frozen food retailer Cook has defied the economic gloom to post a 101% rise in pre-tax profits to £1.3m in the year to March 2012.
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NewsBrand Alley sales jump 20% in first half
Etailer Brand Alley sales has jumped 20% to £14m in the first half as it heads closer to profit.
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NewsJJB appoints former La Senza director as interim chief executive
Embattled sports retailer JJB Sports is understood to have appointed former La Senza commercial director Beverley Williams as interim chief executive following the sudden departure of Keith Jones on Friday.
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NewsRetail bankruptcies rise 10% in second quarter
Retail bankruptcies rose 10% in the past three months as Clinton Cards and Game joined a host of retailers to crash into financial difficulty.
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NewsThe Hut considers Sir Terry Leahy for chairmanship
Former Tesco chief executive Sir Terry Leahy could become chairman of online retail group The Hut.
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NewsHarrods profits soar 15% despite economic woes
Famous department store Harrods achieved a 15% uplift in profit last year as it defied the economic gloom.
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NewsFashion retailers sign up to Westfield London
Five new fashion retailers have signed up to Westfield London including Kate Spade and Longchamp’s which will open their first stores in UK shopping centres there.
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NewsAmazon global profits plummet to £4.5m in second quarter despite sales surge
Amazon’s global net profits plummeted to $7m (£4.5m) in its second quarter, despite sales soaring 29% to $12.83bn (£8.18bn) as it continued to invest in its business.
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NewsSpecsavers ad pokes fun at Olympics Korea flag gaffe
Specsavers has taken out advertising poking fun at the mistake which saw a South Korean flag displayed before North Korea’s football match in the Olympics.
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NewsCarphone Warehouse posts like-for-like sales fall
Carphone Warehouse posted a better-than-expected like-for-like sales fall of 2% in Europe in the first quarter to June 30.
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NewsTesco cuts Fresh & Easy head office jobs
Tesco has made job cuts at its loss-making Fresh & Easy chain in the US as it scales back new store openings.
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NewsUPDATED: JJB Sports boss Keith Jones stands down
Struggling retailer JJB Sports’ chief executive Keith Jones has stepped down from his role after a string of profit warnings and a call for emergency fundraising last week.
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NewsOlympics merchandise helps drive John Lewis sales
Sales at John Lewis department stores surged 11.2% to £63.84m last week as shoppers snapped up Olympics merchandise.
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Amazon reveals exclusive agreement with Warner Bros
Amazon has revealed an exclusive agreement with Warner Bros Domestic Television Distribution to add popular TV shows to its Prime Instant Video catalogue.These titles – including shows like Fringe and The West Wing – will be available to Amazon Prime members this summer, adding to its Prime offering of more ...
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Ikea to use augmented reality in 2013 catalogue
Ikea is to use augmented reality in its 2013 catalogue. The new features will let consumers access films, interactive experiences and photo galleries using their smartphones, it has been reported.A digital version of the catalogue will be released in the US on July 31 and the print version will be ...
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NewsGrocers’ c-store sales set to rocket
The convenience grocery market is set to balloon as consumers shop more frequently and collect online orders in store.
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NewsGo Outdoors threatens Cotswold with legal letter
Go Outdoors’ solicitor has written to Cotswold Outdoor, raising the prospect of legal action following claims that Cotswold has warned suppliers off doing business with the rival retailer.
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NewsRetailers on their marks to chase Olympic gold
Hopes are high for boost to consumer sentiment and Games sales fillip.
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NewsShop Direct earnings soar as new brands outperform
Tight stock control and efficient management of customer credit boost home shopping giant.