All News articles – Page 1313
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NewsThe Argos store is not dead, insists Home Retail’s Duddy
Home Retail chief executive stands by bricks in face of fierce criticism.
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NewsOcado: What lies ahead for the etailer?
The hope is that Ocado’s new fulfilment centre will put operational issues firmly behind it.
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Aeon opens shopping centre aimed at senior citizens
Multi-format retailer Aeon has opened its first shopping centre aimed at senior citizens in Funabashi, Chiba Prefecture.The venture is in response to the ageing trend in Japanese society. More than 30% of the population is 65 or older.The centre features a slower escalator speed, large signage, Aeon’s first directly run ...
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NewsVideo: Tesco debuts Everyday Value TV advert
Tesco launched its Everyday Value advertising campaign with a TV ad last night.
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Dixy plans store growth in 2012
Dixy Group chief executive Ilya Yakubson has revealed plans for a secondary public offering of $300m (£185m) in the second half of 2013. He added that Dixy plans to open 250 to 300 new stores this year.Dixy Group’s revenue in the first quarter grew by 93.1% to RUB34.7bn (£727m) thanks ...
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NewsMandMDirect poaches John Lewis online boss for chief exec
Etailer MandMDirect has hired John Lewis online boss Jonathon Brown as its new chief executive.
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NewsHMV polls shoppers on the best of British talent
HMV is pitting the Beatles against The Who, Oasis against Blur and Chas’n’Dave against Wet Wet Wet in an online poll.
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NewsAquascutum administrators enter into exclusivity talks with YGM Trading
Aquascutum administrator FRP Advisory has entered into exclusivity with YGM Trading, which owns the brand in Asia.
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NewsVideo: Oxford Street promotes fashion in Jubilee celebrations
London’s Oxford Street has been decorated with 147 Union Jack flags to celebrate 147 years of fashion on the world famous high street ahead of the Queen’s Diamond Jubilee.
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NewsSainsbury's launches music download service
Sainsbury’s has launched an MP3 music download service.
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NewsFormer Sainsbury's buyer pleads guilty over corrupt payments
A former Sainsbury’s buyer has appeared in court accused of receiving corrupt payments totalling £4.9m from a potato supplier.
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NewsWaitrose extends its brand price match with Tesco
Waitrose is expanding its Brand Price Match, which promises prices on par with Tesco on branded goods.
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NewsNext sales nudge up in first quarter
Next brand sales edged up 1.4% in its first quarter despite its declining retail performance.
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NewsBlacks boss Julia Reynolds set to stand down
Blacks chief executive Julia Reynolds is set to stand down from the outdoors retailer that was acquired by JD Sports Fashion in January.
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NewsHome Retail profits slump as Argos struggles
Home Retail Group pre-tax profits slumped by 60% as Argos battled a weak electricals market.
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Grocer Mercator to expand services
Grocer Mercator will expand its services to mobile, tourism and petrol stations. The retailer also announced further sales of properties.“It is not enough to offer some basic products to be different, everybody can do that,” said Mercator director of strategic finance and risk management Dean Cerin, adding that the retailer ...
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Walmart Canada launches premium private-label
Walmart Canada has launched a new premium private-label range called Our Finest.The line of 50 new products are all priced at CAD10 (£6.23) or less and include essential barbecue ingredients such as premium burgers and frankfurters, side salads, ice cream desserts and essentials such as ketchup, barbecue sauces and buns.Asda’s ...
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Apple posts quarterly revenue increase
Apple posted quarterly revenues of $39.2bn (£24.1bn) for the second quarter ended March 31, up from $24.7bn (£15.2bn) last year. Net profit for the period was $11.6bn (£7.1bn), almost double last year’s income of $6bn (£3.7bn). International sales accounted for 64% of revenue during the quarter. $4.4bn (£2.7bn) in revenue ...
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NewsFrench Connection to sell off stores after review
French Connection has put 14 of its 71 stores up for sale after launching a review of its retail division in March.
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NewsForever 21 Oxford Street extension to open by the winter
Forever 21 has confirmed it is to extend its flagship store on Oxford Street, with the new space expected to open by autumn/ winter 2012.