All News articles – Page 1331
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NewsSainsbury’s confident that big stores have future as sales rise
Sainsbury’s boss Justin King has affirmed confidence in his big-box stores after Morrisons chief Dalton Philips warned that grocers’ giant sheds would become “a blip in the history of retail” as online grows.
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Amazon begins trial with Poste Italiane
Amazon has begun a trial with the Italian postal service, Poste Italiane, to deliver goods from Amazon.it and accept credit card payments on delivery, it has been reported. As part of a test operating from 6,500 post offices, postal workers are being equipped with palm-sized card-reading devices.The pilot, which began ...
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NewsFranchise giant Alshaya vies to buy Fenn Wright Manson
Middle Eastern franchise partner Alshaya is looking to build its UK presence by acquiring collapsed womenswear chain Fenn Wright Manson out of administration.
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NewsChancellor confirms Sunday trading laws will be relaxed
Chancellor George Osborne has confirmed the Government will relax Sunday trading laws across games-time for the Olympics and Paralympics in his Budget speech today.
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NewsGame files notice of intention to appoint administrator
Game has filed a notice of intention to appoint an administrator after suspending its shares this morning. Stores will remain open for the time being.
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NewsLa Senza creditors left out of pocket
Creditors of collapsed lingerie specialist La Senza have missed out on around £2m after a court ruled that 15 lorry loads of underwear belonged to La Senza’s freight company rather than to administrator KPMG.
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NewsKaren Millen vows to protect brand as founder bids to trade under name
Womenswear retailer Karen Millen will “take very seriously” any attempt by its founder, designer Karen Millen, to trade using its name.
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NewsTed Baker posts "excellent" full-year performance
Fashion retailer Ted Baker’s has posted preliminary pre-tax profits up 0.1% to £24.3m after incurring exceptional costs, but revenues advanced 14.9% to £215.6m
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NewsFurther redundancies expected at The Co-operative
The Co-operative Group is to make further redundancies in its food division.
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NewsComet earmarks 60 shops for closure
Comet has earmarked 61 stores for closure as it seeks to slash costs in a tough electricals market.
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NewsSainsbury's records 2.6% like-for-like sales uplift
Sainsbury’s has recorded a 2.6% increase in like-for-like sales excluding fuel for the fourth quarter.
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NewsGame suspends shares as no equity left in business
Game has suspended trading on the London Stock Exchange as it concludes there is no equity left in the business.
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Lowe’s uses Vitrue to link Pinterest and Facebook pages
Lowe’s has linked its Pinterest presence to its Facebook page through a new tool from social marketing firm Vitrue, it has been reported.A custom Pinterest tab on the Lowe’s Facebook page automatically pulls content and activity from its Pinterest site.Fans can see the home improvement chain’s various Pinterest boards, become ...
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H&M to open Cos store in Warsaw
Clothing retailer H&M has revealed it will open a Cos store in Warsaw, Poland, this summer.It will be in the Mysia 3 development near the central Wolf Bracka district. Trading from two floors and 5,382 sq ft, it will carry the full collection – women’s, men’s and childrenswear.There are 46 ...
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Hard discounter BIM to enter Egypt
Hard discounter BIM says it will enter Egypt in the first half of 2013. Investments are planned to reach TRY25m (£8.7m) by 2014, according to Today’s Zaman. Algeria would also be of interest, the retailer said.During 2011, BIM’s net sales for the full year climbed 24.6% to TRY8.19bn (£ 2.8bn) ...
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Carrefour launches transactional smartphone app
Carrefour has launched a transactional smartphone application in its home market. Using the My Carrefour shopping tool, customers can log in to their account on Carrefour.fr and select products either by using a keyword search or scanning the barcode on an item.Shoppers can choose whether they would like to have ...
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NewsMonsoon Accessorize suffers another departure as buying director exits
Monsoon Accessorize buying and design director Shailina Parti is to exit the retailer.
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NewsOnline sales growth slows in February
Online sales rose 10% in February, the lowest annual growth rate since January 2010.
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NewsInflation drops to 3.4% in February
February’s rate of CPI inflation dropped from 3.6% in Janaury to 3.4% in February, the lowest rate since November 2010, which could be welcome relief for the recovering economy.
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NewsMini Heston stars in Waitrose TV campaign
Waitrose is to feature a ‘mini Heston Blumenthal’ in its new TV advertising campaign.