All News articles – Page 1366
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NewsFood sales drive M&S Christmas performance as general merchandise suffers
Marks & Spencer has posted a strong food performance from its food arm over Christmas but general merchandise sales fell and margins were hit by promotions.
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NewsStrong Christmas for Debenhams
Debenhams has posted a strong Christmas performance as like-for-likes increased by 6.5%, including VAT, in the 5 weeks to December 31.
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NewsLast chance to enter the PayPal Etail Awards
There are just two weeks left to enter the PayPal Etail Awards.
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NewsJD formally acquires Blacks
JD has formally acquired Blacks Leisure for £20m from administrator KPMG.
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NewsChristmas sales up by 20% at Foyles
Book retailer Foyles experienced a 20% increase in sales in December, driven by its new store at Westfield Stratford City.
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NewsAnnual footfall drops to lowest rate in five years
Footfall across UK high streets dropped by its lowest rate in five years last year, dipping 1.1%, against a 3.5% fall in 2010.
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NewsJD in "advanced discussions" to buy Blacks
JD Sports has confirmed it is in “advanced discussions” with Blacks Leisure over its offer to buy the outdoor retail group.
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NewsThe Garden Centre Group has "outstanding" Christmas
Sales at The Garden Centre Group jumped 17% over the Christmas period as transactions in plants and pet product categories soared.
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NewsRetail businesses in administration set to rise in coming months, warns BRC
The rise in business rates in April will fuel growth in the number of retail businesses going into administration, the British Retail Consortium (BRC) has warned.
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NewsPeacocks poised to sell Bonmarché
Value fashion retailer Peacocks is poised to sell its Bonmarché womenswear chain in the coming weeks.
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NewsShop Direct reveals Christmas sales leap
Home shopping group Shop Direct’s sales jumped 9% over Christmas but it expects sales to deteriorate in 2012.
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NewsMorrisons reports Christmas sales rise as it eyes Best Buy sites
Morrisons reported a 0.7% increase in like-for-likes over the Christmas period despite shoppers delaying their trips to the high street.
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NewsHMV sales slump over Christmas
Entertainment retailer HMV suffered a sales slump over Christmas, although performance was better than when it last updated.
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GNC to expand outside the US
Nutritional specialist GNC is to expand outside the US, with plans for more than 200 new international stores, chief executive Joe Fortunato told the Pittsburgh Tribune-Review. The openings include new market entries in Russia, Brazil and the EU.GNC, which already operates about 2,500 international stores, also plans 160 new stores ...
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Massmart receives approval from Competition Tribunal
Grocery retailer Massmart has received approval from the Competition Tribunal to acquire Fruitspot and Rhino Group via two of its subsidiaries. Massmart, which revealed plans to buy fresh fruit and vegetable wholesaler Fruitspot through its Makro cash-and-carry subsidiary in July 2011, was given conditional approval.The tribunal said: “In the merger ...
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NewsKorky's Shoes vents anger at Irish Government
Not one to mince his words, John Corcoran, owner of Korky’s Shoes on Dublin’s Grafton Street, makes his feelings known about the recent u-turn by the Irish Government on banning upward-only rent reviews in existing leases.
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Ahold’s Dutch Albert Heijn operation plans online marketplace
Grocery retailer Ahold’s Dutch Albert Heijn operation intends to create an online marketplace.The retailer plans to add non-food items such as books, clothes and home entertainment products to its albert.nl online grocery assortment in order to follow its ‘six-pillar’ strategy presented last autumn.Ahold spokesman Jochem van de Laarschot said an ...
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Lowe’s acquires online retailer ATG Stores
Home improvement retailer Lowe’s has acquired ATG Stores, an online retailer of home enhancement and lifestyle products based in Washington. Lowe’s said the deal allowed it to capitalise on complementary strengths and employees’ expertise by sharing best practices for online marketing and merchandising.“The addition of ATG Stores is a strategic ...
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NewsJD Sports frontrunner to buy Blacks
JD Sports is understood to be the frontrunner to buy struggling outdoors retailer Blacks with the deal likely to go-ahead on Monday.
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NewsRevenue flat as Games Workshop says its unaffected by high-street malaise
Revenue at Games Workshop’s UK operations edged up in the half-year to 27 November as it is unaffected by macroeconomic factors, the games manufacturer said.