All News articles – Page 1353
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News
Netflix bounces back from difficult year
Netflix bounced back from the difficulties it faced last summer to report strong revenue growth and an increase in subscriptions for its fourth quarter ended December 31, 2011.During the period, the entertainment provider posted a 47% surge in revenue to $876m (£558m), although net income declined 13% to $41m (£26m). ...
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NewsGeneral retail flat as food groups suffer
General retailers trod water over the week in a flat market, but food groups underperformed as investors continued to fret about supermarket prospects and Kantar data showed the grocery market growing below the rate of food price inflation.
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News‘Parasitic’ own-brands face scrutiny
Retailers could face tough financial sanctions on own-brand products under proposals from the European Commission’s Internal Market and Services Directorate General (DG Markt).
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NewsHamleys makes child’s play of trading as it posts record sales
Toy retailer Hamleys is set to post record annual sales after it notched up strong Christmas trading.
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NewsAsda tops perception of value, ICM poll reveals
Asda’s reputation for value dwarves that of its rivals, despite Tesco’s Big Price Drop marketing push.
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NewsBoots faces legal action in Mini Mode fashion row
Health and beauty giant Boots is being sued for £5m in a legal case centred on changes to its childrenswear offer.
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NewsHeathrow Terminal 2 retail tender takes off
Bosses of retailers including Harrods, Hamleys and Hugo Boss attended the launch of the tender process for the revamped retail offer at Heathrow Terminal 2 last week.
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NewsTesco expands international technology for F&F
Tesco has signed a technology deal to support the expansion of its F&F brand international.
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News
New chairman Clare wins support of suppliers ahead of Comet sale
John Clare, who is due to be appointed Comet chairman tomorrow when OpCapita officially acquires it, has won the support of its major suppliers ahead the sale.
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NewsVideo: Halfords airs first Autocentres ads
Halfords has aired its first TV advert promoting its Autocentres.
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NewsPrivate equity firms submit second round bids for Iceland
Iceland has attracted interest from two private equity firms interested in acquiring the frozen food chain.
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NewsCarpetright Ireland business in recovery despite group profit warning
Carpetright issued a profit warning on Tuesday despite an improving sales trend that included a double digit like-for-like increase in the tough Irish market.
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News‘Service will set us apart’, says new Dixons boss
Sebastian James is taking the helm at Dixons as John Browett leaves for Apple.
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NewsOffice invests £1m in online revamp
Footwear retailer Office is to invest £1m in its online business as it prepares to revamp its website and launch overseas.
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NewsHigh street crisis ‘irreversible’, Wrigley warns
The former boss of New Look, Phil Wrigley, has sounded the death knell of the traditional high street, and described Mary Portas’s review as the “right diagnosis, wrong prescription”.
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NewsFormer M and M Direct boss joins B&Q board
B&Q has appointed former M and M Direct boss Steve Robinson to its board as it strengthens its multichannel offer.
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NewsAmazon widens its sporting range in time for Olympics
Amazon has thrown down the gauntlet to sports specialists as it expands its range in the category in expectation of a spending surge during the Olympics.
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NewsGame confirms review of overseas business
Game has said it has put its overseas operations under review, confirming Retail-Week.com’s story yesterday.
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News
Isetan Mitsukoshi set to revamp store network
Department store group Isetan Mitsukoshi is to revamp its store network as part of a three-year plan starting this year.The retailer plans to invest in renovating flagship stores in greater Tokyo, and from 2015 switch focus to other areas.According to Hiroshi Onishi, the chief executive due to take up the ...