All News articles – Page 1307
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NewsFrench Connection warns on profits
Fashion group French Connection has issued another profit warning after sales went into tailspin in the first three months of the year.
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NewsJJB’s new store model wins Nike support
JJB Sports’ new store model has won the support of key supplier Nike, which will bring new performance product into the retailer’s stores.
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NewsSainsbury’s launches mobile grocery site
Sainsbury’s launched its mobile grocery website this week as competition for smartphone spend hots up.
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NewsWhittard reviews overseas expansion plans
Tea and coffee specialist Whittard of Chelsea is to expand in to the Ukraine and Mexico as it continues to pursue international growth.
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Spar International’s partnership with Max Hypermarkets to end
Spar International’s partnership with Landmark Group’s Max Hypermarkets is to come to an end in December. Both companies are to pursue separate strategies to expand their retail presence across the country.A Spar spokesman said: “Spar now wishes to extend its footprint nationwide through new partnership arrangements with a range of ...
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NewsJesse Boot painting at National Portrait Gallery
Legendary entrepreneur Jesse Boot took his place in the National Portrait Gallery last week, when the health and beauty retailer that bears his name loaned a painting of the groundbreaking Victorian businessman.
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Banana Republic may launch in Australia
Gap-owned fashion retailer Banana Republic may launch in Australia, it has been reported. Local operator Busbrand is in talks for the licence for the brand. “It’s early days but we’re very excited,” says Busbrand chief executive Andrew Bousie.Busbrands operates three Gap stores in Australia and as well as fashion chains ...
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Massmart appoints Guy Hayward as chief operating officer
Walmart-controlled Massmart has appointed Guy Hayward, chief financial officer since 2001, as chief operating officer. He reports to chief executive Grant Pattison. Group finance executive Ilan Zwarenstein succeeds Hayward as chief financial officer. Zwarenstein has also been appointed to the board and the Massmart executive committee.The retailer said Pattison would ...
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NewsGeorge targets online growth after multichannel boost
Asda’s fashion business George aims to generate 10% of sales online after bolstering its multichannel offer.
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NewsClinton Cards to close 350 stores as Birthdays leaves the high street
The administrators of Clinton Cards are to shut 350 stores, including the entire Birthdays chain, starting next week after concluding the retailer is “burdened with an untenable retail estate”.
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NewsWestfield Stratford approaches £500m of sales
Westfield Stratford City has notched up almost £500m of sales since opening last September.
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NewsJohn Lewis ups sales guidance after strong first quarter
Department store John Lewis has upped its sales guidance after outperforming the market in its first quarter.
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NewsNew technology will boost retailers' sales by 4% by 2014
Investing in new technology could boost retailers’ sales by 4% within two years according to eBay.
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NewsLand Securities: High streets 'may never recover'
Directors of retail property firm Land Securities believe that some high streets are doomed and “may never recover” from damage inflicted during the recession and downturn.
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NewsHalfords drives leisure range with summer TV ad
Halfords is pushing its leisure range of ‘staycation’ holiday essentials with the launch of a a nostalgic summer TV ad campaign tonight, May 16.
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NewsAlliance Boots' trading profit soars as it targets international growth
Alliance Boots, parent of health and beauty retailer Boots, has posted double digit annual growth despite a “difficult” economic climate.
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Seven & I to set up two holding companies
Convenience store operator Seven & I is to set up two holding companies to accelerate decision-making and new store openings.The subsidiaries are to be established by the end of the year and will be in charge of overseeing the convenience and supermarket operations.
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GameStop anticipates double-digit sales decline
GameStop has warned investors that it anticipates double-digit sales declines for its first quarter. The 12.5% like-for-like sales drop now forecast by the retailer backs up market research from NPD that shows four months of double-digit decreases for the sector.NPD estimates that in April sales of video game software in ...
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H&M draws criticism for featuring ‘super-tanned bodies’ in swimwear ad
Clothing retailer H&M drew criticism after featuring ‘super-tanned bodies’ in its new swimwear campaign. The ads – which portray brightly coloured swimwear on a heavily tanned model – caused media consternation in countries where the adverts are shown.A cancer awareness organisation in Switzerland claimed H&M’s adverts have undermined its own ...
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Carrefour’s bid to acquire Guyenne et Gascogne approved
Carrefour’s bid to acquire Guyenne et Gascogne has been approved by France’s antitrust agency. In December 2011, Carrefour submitted a E494m (£394.6m) cash takeover bid for its franchisee.Guyenne et Gascogne operates six Carrefour hypermarkets and 28 Carrefour Market supermarkets in France that generated net income of E25m (£20m) in 2011 ...