All News articles – Page 1360
-
NewsBuffett ups stake in Tesco
Billionaire investor Warren Buffett has increased its shareholding in Tesco.
-
NewsHalf of Peacocks head office staff axed
Almost half of Peacocks’ head office staff have been made redundant after the value clothing retailer collapsed yesterday.
-
NewsKidswear chain Pumpkin Patch hits the buffers
Kidswear retailer Pumpkin Patch has fallen into administration.
-
NewsMulberry posts soaring like-for-likes over Christmas
Luxury goods retailer Mulberry delivered a strong Christmas, with like-for-likes rocketing 35% in the six weeks to January 14.
-
NewsPrimark reports 'exceptional' Christmas trading
Value fashion retailer Primark has reported strong Christmas trading and double-digit growth for its first quarter.
-
NewsComet suffers Christmas sales slump
Sales plummeted at electricals retailer Comet over Christmas and net debt rose.
-
NewsAsos sales and margin up in third quarter
Fashion etailer Asos UK sales were up 10% to £62m in its third quarter.
-
NewsMy-Wardrobe plans international launch
Premium fashion etailer My-Wardrobe.com is to launch internationally next month as it revamps its website and prepares to unveil a loyalty scheme.
-
NewsFashion retailer Select to double stores
Value fashion retailer Select is embarking on an aggressive expansion push as it aims to more than double its store portfolio to 300 over the next three to five years.
-
NewsCrocs snaps up Chan from La Senza
Footwear brand and retailer Crocs has hired former La Senza retail operations director Ann Chan to join as European retail director.
-
NewsPlay mulls payment-on-delivery model to boost shoppers’ options
Etailer Play.com is considering the introduction of a payment-on-delivery offer, which would be a UK first as the retailer looks to offer better customer service under its new owners.
-
News
Culture Convenience Club posts rise in book and magazine sales
Culture Convenience Club has posted a 106% rise in book and magazine sales to ¥102.4bn (£871.5m) at its Tsutaya store network for 2011.The home entertainment retailer attributed the increase to the strengthening of its catalogue stock, resulting in an uplift in the number of subscriptions, as well as utilising its ...
-
News
Beauty retailer Sa Sa reports sales increase
rise of 28.9% to HK$1.81bn (£152.1m) for the third quarter ended December 31, 2011. Sales soared 25.9% (20.7% on a like-for-like basis) in Hong Kong and Macau. Chairman and chief executive Dr Simon Kwok said of the performance: “The group remains cautiously optimistic on the retail sector of the Asian ...
-
NewsAnything but mint pricing
Tesco’s Big Price Drop may have been called into question following its sales slump last week but it truly does offer fantastic savings to its customers – that’s if its in-store marketing is to be believed.
-
NewsDixons holds its own against supermarkets
Dixons boss John Browett maintained the electricals retailer has beaten off competition from the supermarkets through its renewed focus on customer service.
-
News
Rewe Group to acquire Citistore chain
Rewe Group’s supermarket division Billa in Russia is to acquire the Citistore chain operating 17 retail stores in Moscow.Citistore, formerly known as Migros Turk’s Ramstore, consists of seven owned and 10 long-term leased stores with a total sales area of 215,000 sq ft. Billa has opened just 72 stores since ...
-
NewsFormer Woolworths stores almost filled
Just over 100 former Woolworths stores vacated following its collapse in January 2009 remain empty.
-
NewsPeacocks collapses into administration, 10,000 jobs at risk
Debt-laden value clothing retailer Peacocks has hit the buffers after a last ditch attempt by chief executive Richard Kirk to save the business failed.
-
NewsTesco hits back with voucher campaign
Tesco has launched a voucher offer just days after group chief executive Philip Clarke admitted coupons had proved the difference as it lost out to rivals over Christmas.
-
NewsPrimark Northern Irish staff balloted on strike action
Primark staff in Northern Ireland are close to calling a strike following a second year of pay freezes.