All News articles – Page 1326
-
NewsGovernment under pressure over Morrisons apprenticeships
Government is under pressure after it was revealed Morrisons were given more than 10% of the people eligible for its apprenticeship scheme last year.
-
NewsForever 21 to downsize first UK store
US fashion giant Forever 21 is looking to downsize its first UK store, 18 months after its launch.
-
NewsSir Stuart Rose criticises Sunday trading relaxation
Former Marks & Spencer chairman Sir Stuart Rose has criticised the relaxation of Sunday trading laws during the Olympics.
-
NewsGame's UK stores acquired by OpCapita
Game will remain on British high streets after Comet-owner OpCapita acquired all of the games retailer’s remaining stores out of administration over the weekend.
-
NewsSony Music among bidders for HMV Live
Sony Music Entertainment has emerged as one of the parties vying to buy the live music division of entertainment retailer HMV.
-
NewsShapps slams critics of Government Portas response
Housing minister Grant Shapps has called critics of the Government’s response to the Portas Review “misinformed”.
-
NewsNext cautious over China growth hopes
Next chief executive Lord Wolfson has said global powerhouse China offers limited opportunities for the fashion and homewares retailer and others like it.
-
NewsMorrisons acquires fresh meat facility
Morrisons has acquired fresh meat facility in North Wales as it continues on a spree of supply chain acquisitions.
-
NewsGovernment criticised for lack of ambition on Portas Review
The British Retail Consortium has slammed the Government for “its lack of bold vision” in executing Mary Portas’ plan to revitalise British high streets.
-
NewsMorrisons targets high-end customers with new format
Morrisons said it is able to target a new upmarket customer with its Fresh Format concept with the opening of a new landmark store.
-
NewsWaitrose appoints retail services director
Waitrose has appointed former John Lewis and BskyB director Ben Stimson as its new retail services director.
-
NewsJohn Lewis records "solid" sales week
John Lewis posted a “solid” 6.5% rise in sales to £57.94m against strong comparatives last week.
-
News
Inditex reports rise in net profit
Fashion retail group Inditex has reported a 12% rise in net profit to E1.93bn (£1.61bn) in 2011 from E1.73bn (£1.45bn) the previous year. Sales increased 10% to E13.79bn (£11.53bn) and like-for-likes were up 4%. The latter were stronger in the first half, growing 6%, and climbed 3% in the second ...
-
News
Decrease in net sales for computer games retailer GameStop
Computer games retailer GameStop’s net sales fell 3% to $3.58bn (£2.25bn) for the fourth quarter ended January 28. Net income dropped to $174.7m (£109.6m) from $237.8m (£149.2m) a year earlier due to significant charges and lower sales. Like-for-like sales fell 3.6%. The retailer said it expected its 2012 results to ...
-
News
Casino to take full control of Brazilian supermarket chain
French retailer Casino has started the process to take full control of Brazilian supermarket chain Companhia Brasileira de Distribuição SA (CBD). Casino said it had informed Abilio Diniz, head of the Diniz Group, which currently controls CBD, of its decision to exercise its right to appoint the chairman of the ...
-
NewsTed Baker boss has something to celebrate
Retail Week found Ted Baker boss Ray Kelvin in buoyant mood last week.
-
NewsGovernment launches Portas Plus plans to rescue failing high streets
The Government has pledged almost £13m to save suffering high streets as it is this morning expected to accept the “vast majority” of recommendations made by the Portas Review.
-
NewsSuperdrug gives key London stores an Olympics makeover
Health and beauty retailer Superdrug says it is transforming 21 of its London stores in time for the Olympics in July.
-
NewsBlacks set to rebrand as turnaround takes shape
Outdoor retailer to focus on product and store refits as it targets family market.
-
NewsTwo senior Bhs executives step down
Two senior executives of Sir Philip Green’s fashion and homewares retailer Bhs have left the business.