All News articles – Page 1385
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News'Christmas momentum building' at John Lewis despite sales fall
John Lewis sales fell 3.2% last week year-on-year but the department store said Christmas momentum is building as week-on-week sales grew 11.6%.
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US grocer Stop & Shop to unveil new concept store
Ahold-owned US grocer Stop & Shop will unveil a new concept store featuring a greater selection of products and innovative features in Massachusetts. The store has been designed to better serve the needs of the local community. New services include an in-store nutritionist, supervised children’s play area, roadside pick-up and ...
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NewsAsda price-checked in Parliament
Asda’s reputation for keeping costs low, as well as prices, was highlighted in the oddest of circumstances in Parliament last week.
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Walmart launches apps for iPhone and iPad
Walmart has launched two new apps for the iPhone and iPad in its home market. The grocery and general merchandise retailer says they will enable “millions of customers to enjoy an enhanced, seamless shopping experience across Walmart’s 3,800 US stores and Walmart.com through mobile devices”.The apps are the first to ...
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NewsHalfords targets Scotland for £1m autocentre investment
Halfords, car part and cycle specialist, will invest £1m in autocentre expansion in Scotland.
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NewsIceland auction hit by delays
The auction of Iceland Foods has been delayed until mid-January, according to latest reports.
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NewsJohn Lewis reports rising spend on Christmas goods
Sales of Christmas lines have soared at John Lewis department stores this week but the retailer warned that trading conditions generally remain harsh.
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NewsPoundworld to launch wholesale site
Poundworld is to launch a wholesale transactional website next year in a bid to drive revenue growth.
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Pantaloon posts financial results for first quarter
Future Group-owned clothing retailer Pantaloon has posted financial results for its first quarter ended September 2011.The company’s consolidated net sales were INR3,180.26 crore (£422.1m) compared with INR2,750.76 crore (£372.3m) in the comparable period last year, an increase of 15.61%.Consolidated net profit plummeted 36.33% to INR15.05 crore (£1.9m) in comparison with ...
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Fast Retailing to increase network of Uniqlo stores
Japanese clothing group Fast Retailing aims to increase its network of Uniqlo stores in South Korea to 300 by the 2020 financial year from its current estate of 64.The retailer hopes the openings will boost South Korean sales to KRW3 trillion (£1.64bn). The plans were revealed by Fast Retailing chief ...
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NewsGo Outdoors hires Tesco director
Fast-growing retailer Go Outdoors has raided Tesco to strengthen its management team as it launches a red letter day-style website selling outdoor activities.
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NewsDwell posts EBITDA profit despite tough trading in furniture sector
Furniture chain Dwell has bounced back into the black at an EBITDA level as sales grew in the year to January 28 despite a punishing big-ticket market.
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Sales decrease for department store group Myer
Department store group Myer’s first-quarter sales fell by more than 5.1% on a like-for-like basis in the first quarter ended October 29.The retailer’s sales for the period totalled AUD680m (£437.1m), down 3.5% on the comparable period last year. However, the retailer was pleased with the results as sales during the ...
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NewsHalfords to cut costs with stores shake-up
Halfords is aiming to make cost savings on its property portfolio as 150 leases come up for renewal.
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NewsChristmas discounting to hit recessionary levels
Retail casualties expected as heavy discounting hits margins in the golden quarter.
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Kroger tests new checkout system
Grocery retailer Kroger is testing a new type of checkout system called Scan-Bag-Go at a store in Kentucky. It is a handheld wand that shoppers wave at product barcodes as they shop, tallying the total amount at the same time. A smartphone version is also being tested, enabling customers to ...
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NewsSnow + Rock hires multichannel boss
Snow + Rock has recruited former Waterstone’s head of ecommerce David Kohn to a newly created role of head of multichannel.
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NewsEx All Saints boss on the run
Stephen Craig may not be the boss of All Saints any more but he’s clearly found ways to occupy himself.
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NewsInternational bidder enters the race to acquire Wiggle
Deadline for second-round bids for cycles etailer nears, but 2012 flotation could still be on the cards.
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NewsIn focus: The Hut
The online retailer has attracted big name investors, grown fast and extended its areas of interest.