All News articles – Page 1283
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NewsMarks & Spencer tipped to reveal worst quarter in three years
Marks & Spencer is set to reveal its worst trading performance in three years tomorrow (Tuesday), with non-food sales expected to plummet 7%.
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NewsAsda latest retailer to launch financial services
Grocery chain Asda is launching a financial services business this week targeted at the 18 million people who shop at Asda’s 542 stores every week.
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NewsMeadowhall launches CollectPlus parcel service
Sheffield’s Meadowhall Shopping Centre has launched a new parcel collection service through a tie up with CollectPlus.
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News'Son of Woolworths' Wellchester set to close
Wellchester, the retail business that launched in a former Woolworths store after the chain’s demise, is closing down.
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NewsTom Ford set to open first UK store in Knightsbridge
Designer Tom Ford is to launch his first standalone UK store with a shop planned for London’s Knightsbridge.
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NewsFrench toy giant vies to buy Hamleys
French retail group Ludendo is vying to buy toy chain Hamleys in a deal worth £60m.
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NewsJJB Sports sales plunge as Euro 2012 fails to lift trade
Sports retailer JJB Sports has experienced a sharp plunge in sales since its last update in April as the European Football Championships did not deliver the trading uplift expected.
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NewsBrightHouse EBITDA jumps 12.8%
Rent-to-own electricals and furniture retailer BrightHouse revealed a 12.8% jump in underlying EBITDA to £44.8m.
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NewsDragon Paphitis poised to acquire Robert Dyas
Theo Paphitis, the Dragons’ Den star and owner of stationery retailer Ryman, is set to buy hardware chain Robert Dyas for up to £10m, it is understood.
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NewsMorrisons scraps MFest due to weather warnings
Morrisons has cancelled its debut MFest music festival due to “adverse weather conditions” forecast for the area over the weekend.
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NewsMothercare hires turnaround specialist as interim chief financial officer
Mothercare has hired Blacks finance boss Dominic Lavelle as interim chief financial officer.
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NewsMatalan EBITDA dips despite sales increase
Matalan EBITDA dipped 14.5% in its first quarter despite a jump in sales.
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NewsLittlewoods sponsors new ITV prime time show
Online giant Littlewoods is to sponsor ITV’s new Saturday night show Superstar.
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NewsWeekly sales surge at John Lewis
Sales at John Lewis department stores surged 17% to £75.7m last week as bargain-hungry shoppers took advantage of the retailer’s Sale.
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NewsFormer Mothercare finance director Harrington joins Cath Kidston
Former Mothercare finance director Neil Harrington is to join fast-growing private equity-backed retailer Cath Kidston.
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Bed Bath & Beyond to expand World Market food and beverage range
Bed Bath & Beyond has announced that it is to expand its World Market food and beverage range to multiple locations. Initially, the retailer tested the programme in just four stores.The concept may vary from store to store, with some locations offering international food and others more healthy items, Bed ...
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NewsSales at Ann Summers receive a boost
Ann Summers received a boost to its kinkier categories thanks to the runaway success of erotic novel Fifty Shades of Grey by EL James.
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Amazon plans to launch Kindle technology in Brazil
Amazon plans to launch its Kindle e-reader and an online Kindle bookstore in Brazil during the fourth quarter to benefit from a growing ecommerce market.It is thought that a launch may be limited to Kindle ebooks initially in order to minimise the risks associated with rolling out a full Amazon ...
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Costco looks into European expansion
Costco is looking into opening stores in continental Europe and pursuing a European expansion programme.James P Murphy, international executive vice-president, said: “We are interested in investing in the obvious four: Germany, Italy, France and Spain.”The company is yet to decide which country will be first but will probably open a ...
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NewsGrocer Iceland puts service centre stage
Iceland managers are to present to the board this week the early findings of a big customer feedback programme designed to enable improved levels of service at the frozen food specialist.