All News articles – Page 1380
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NewsTesco expected to win Christmas food spend
More than half of UK households will do their Christmas grocery shopping at Tesco this year.
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NewsHugo Boss to launch first UK Hugo stand-alone
Upmarket fashion brand Hugo Boss is to launch its first stand-alone store for its Hugo brand as it mulls opening its first womenswear fascia in the UK.
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NewsPublic sector strike prompts surge in shopping
Yesterday’s public sector strikes brought retailers a fillip as many people took advantage of a day off work to go shopping.
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NewsB&Q third quarter profits surge, helped by Indian summer
Profits at DIY giant Kingfisher, owner of B&Q, surged in the third quarter as the group benefited from self-help measures such as more direct sourcing and common ranging.
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KiK to open first Polish store
Tengelmann-controlled clothing discounter KiK aims to open its first store in Poland before the Euro 2012 football tournament takes place in Poland and Ukraine in June and July next year. The country, where Tengelmann already operates its Obi DIY banner, will serve as a test market for KiK’s further expansion ...
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Carrefour denies reports to replace chief executive
Carrefour denied reports that key shareholders plan to replace chief executive Lars Olofsson. It said in a statement: “The board of directors of the company formally denies all information published in the press on that subject.” It released the statement after Le Figaro reported that the shareholders were lining up ...
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Collective Brands reports net loss
Collective Brands reported a net loss of $114.3m (£73.4m) in its third quarter. Net sales were $894.4m (£574.2m), up 1.4% compared with the previous year. At Payless in the US, like-for-likes declined 3.7% while quarterly operating profit was $15.4m (£9.9m) compared with $68.8m (£44.2m) in 2010. Payless International net sales ...
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NewsArcadia chiefs look on the bright side
Arcadia’s bosses were on amusingly acerbic form at last week’s results breakfast.
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NewsTfL reveals extent of Olympic transport disruption
Transport for London has released detailed information on which parts of the UK’s road and transport networks will be most affected by the Olympics next summer.
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NewsTed Baker opens first ladies beauty salon
Designer brand Ted Baker today opened its first ladies beauty salon in its Cheapside store, London.
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NewsSir Richard Broadbent becomes Tesco chairman
Sir Richard Broadbent officially took over as the chairman of Tesco today.
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NewsAsda people directors exit
Two senior Asda personnel directors have left the retailer and another is poised to leave its food sourcing division.
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NewsPlan A on course at M&S
Marks & Spencer has achieved 105 of the 180 commitments set out in its environment and ethical programme, Plan A.
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NewsCo-op revamps electricals site
The Co-operative is ramping up its electricals online offer and launching click-and-collect for the first time.
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NewsM&S lingerie ad deemed 'socially irresponsible'
A Marks & Spencer lingerie ad which appeared on the side of a bus has been deemed “socially irresponsible” after 12 members of the public complained about it and another similar ad.
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NewsConsumer confidence remains depressed in November
Consumer confidence levels improved marginally in November but still remain low as the Eurozone crisis and fears over a further recession continues to depress sentiment.
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NewsEases in business rates and fuel duty, reveals Chancellor
Retailers will be able to defer 60% of the business rate increase coming up in 2012-13 equally across the following two years, Chancellor George Osborne revealed today.
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NewsMFI to be reborn online tomorrow
Furniture retailer MFI will be revived as a pureplay etailer tomorrow (Wednesday) and has recruited a former MFI director to run the business.
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NewsVideo: H&M to launch Marni collection
H&M is to launch a Marni collection in around 260 stores next March, as well as being sold online.
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NewsChristmas will come late but shoppers will still splash out says Sainsbury's
Sainsbury’s commercial director Mike Coupe predicts that shoppers will wait late before making Christmas purchases although he believes people will still splash out.