All News articles – Page 1343
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NewsLK Bennett profits surge 17%
LK Bennett has shrugged off tough economic conditions to post a 17% rise in gross profits as the retailer looks to make footwear and accessories a higher proportion of its sales mix.
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NewsFairtrade sales hit £1.3bn as Morrisons makes commitment
Fairtrade sales have hit £1.3bn with all of the major grocers backing the ethical sourcing movement last year.
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NewsTesco unveils next round of Big Price Drop cuts
Tesco has slashed price tags in another round of its Big Price Drop campaign.
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NewsPrimark like-for-likes to edge up 2% in first half
Primark like-for-likes are expected to edge up 2% in its first half.
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NewsEdinburgh Woollen Mill eyes a further 75 closed Peacocks stores
More stores could be saved by the new owner of Peacocks, as Edinburgh Woollen Mill seeks to reopen 75 more stores that were closed last week.
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NewsBooths sales growth under pressure
Upmarket Northern grocery chain Booths has seen its sales growth come under pressure in the difficult trading climate,
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NewsAsda Income Tracker reveals slowdown in spending
The decline in disposable income has slowed down although family spending power still fell by £9 a week in January 2012, the Asda Income Tracker has revealed.
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NewsBooths appoints Dee as chief operating officer
Booths has appointed Chris Dee to the newly created position of chief operating officer.
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NewsLipsy opens first overseas stores in Dubai
Young fashion retailer Lipsy has opened its first overseas stores in Dubai.
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NewsHammerson occupancy levels up as it sheds office to focus on retail
Shopping centre owner Hammerson said its occupancy level edged up from 97.3% to 97.9% last year.
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NewsRetailers write to Chancellor to urge business rate reform
Retailers including Boots, HMV, Kingfisher and Primark have written to the Chancellor calling on him to revise the 5.6% business rate rise to come into effect in April.
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NewsJohn Cleland named Maplin chief executive
Former Somerfield managing director John Cleland is to join electricals specialist Maplin as chief executive at the start of next month.
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NewsValentine's fuels strong John Lewis performance
Strong Valentine’s Day sales fuelled a “cracking” performance at John Lewis last week.
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NewsSuperdrug launches advanced skincare clinics
Health and beauty retailer Superdrug will launch skincare clinics instore, offering treatments such as laser hair removal, facial peels and fillers.
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NewsPoundland pulls out of government work scheme
Poundland has withdrawn from the government’s controversial work programme after media pressure has put the scheme under the spotlight.
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Nordstrom posts net profit increase
Department store group Nordstrom posted a 1.7% increase in net profit to $236m (£147m) for its fourth quarter ended January 28. Net sales rose 12.5% to $3.17bin (£1.97bn) and rose 7.1% on a like-for-like basis. Online sales soared 35% during the quarter.Top-performing categories included handbags, designer and cosmetics. For the ...
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NewsTesco online food sales to double in next five years
Grocery giant already close to controlling 50% of internet food sales.
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Casino launches Cvous.com
Casino has launched Cvous.com, a community website dedicated to consumers who want to “share ideas on products and services offered in stores”. Users are able to voice their opinions on products and vote for their favourite items. The products that are highlighted will be then promoted in stores and participants ...
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NewsBargain Booze sales rise
Retail sales for franchised off-licence chain Bargain Booze are estimated to have risen to £885m in 2010/11, although still down from a peak of around £1bn during the mid-2000s.