All News articles – Page 1278
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NewsJubilee fails to boost retail sales in June
UK retail sales volumes increased by just 0.1% last month compared to May, as the Diamond Jubilee failed to give retailers a significant boost in June.
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NewsDisposable income stablises in June, according to Asda Income Tracker
Disposable income remained stable last month, the first time it has not fallen in nearly two years.
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NewsVery launches festival delivery service
Shop Direct owned Very has launched a delivery service at Virgin Media’s V festival, which it claims is a world first for a music event.
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NewsA further 76 Clinton Cards stores to close
A further 76 Clinton Cards stores are to close by July 31 after administrator Zolfo Cooper failed to find any buyers for the shops.
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NewsSports Direct profits up as online sales rocket
Sports Direct achieved a “record” year with pre-tax profits rising by almost 25% driven by a bumper year for online sales.
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NewsKingfisher like-for-likes flat as UK outshines France
DIY giant Kingfisher has reported flat group like-for-likes in its second quarter as the UK and Ireland outshone its French business.
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NewsJJB Sports calls for 'accelerated' funding
Embattled sports retailer JJB Sports said it needs funding more quickly than expected to tackle the tough trading conditions and is in discussions with its “strategic partners” about raising capital to fund its turnaround.
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NewsMothercare UK like-for-likes drop 6.7% in first quarter
Mothercare UK like-for-likes dropped 6.7% in its first quarter, which chairman Alan Parker said was in line with its expectations.
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NewsHalfords boss Wild exits as it warns on profits
Halfords chief executive David Wild has exited the retailer as it warned on profits following a weak first quarter.
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NewsPrimark lifted by German expansion
Value fashion retailer Primark’s expanding German business is ex-pected to drive “significant growth” after its most successful store opening ever in Berlin last week.
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Yamada Denki to increase stake in domestic rival
Electronics retailer Yamada Denki plans to increase its stake in domestic rival Best Denki to more than 50%, up from 7.5% at present.Yamada Denki will invest ¥10bn (£81m), in an attempt to cement its leading position in the Japanese electronics market.Best Denki will remain a publicly listed company and retain ...
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Carrefour’s joint venture with Sabanci Holding under pressure
Carrefour’s joint venture in Turkey with Sabanci Holding is under pressure, following the sudden resignation of four members of the board of directors.According to Turkey’s Hürriyet newspaper, Chairman Haluk Dinçer – in place since 2004 – as well as three other members have resigned as of July 16. The gesture ...
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NewsIceland rolls out Bonus Card and discount coupon at till
Iceland has pressed the button on a roll out of its Bonus Card and money-off coupon-at-till initiative.
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NewsJessops board shocked by chief executive’s exit
Jessops chief executive Trevor Moore shocked the board with his resignation after he was headhunted for a new role.
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X5 Retail Group chief executive resigns
Leading grocery retailer X5 Retail Group has disclosed that Andrei Gusev has resigned as chief executive. However, he will continue to work with the company in an advisory capacity.Board member Stephan DuCharme will assume Gusev’s role on a temporary basis. The change came at the same time as the retailer ...
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NewsThe first glimpse of Clinton Cards’ new branding?
Clinton Cards may have taken inspiration from the Great British spirit triggered by the Jubilee and Olympic events this year going by the look of its Cheapside store.
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NewsBrent Cross bars Olympic attendees from its car park
Brent Cross Shopping Centre has taken steps to ensure Olympics attendees do not use its car park in place of its shoppers.
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NewsWet weather drives online sales jump in June
Online retail sales jumped 13% in June as the wettest weather for over 100 years and Euro 2012 drove sales.
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NewsHalfords Autocentres hires business development director
Halfords Autocentres has hired a business development director to drive fleet and business to business trade as the retailer invests in the growing division.
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NewsEthel Austin collapses into administration
Ethel Austin has collapsed into administration for the fourth time.