All News articles – Page 1386
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NewsGlimpses of positivity despite shares slide
Stores shares were down slightly compared with the previous week, when they had advanced following the dramatic events and reams of interim results from major retailers.
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NewsCollins appointed retail director at Waitrose
Rob Collins has been appointed retail director at Waitrose replacing Tony Solomons who will be retiring after 30 years with the business.
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NewsOctober retail sales grow 5.4% in value year-on-year in October according to ONS
Retail sales grew 5.4% in value against the previous year in October driven by retailer’s pre-Christmas Sales and in-store promotions.
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NewsDeloitte forecasts zero Christmas retail growth
Deloitte has forecast zero growth in total Christmas retail sales as austerity measures finally take hold.
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NewsEbay to open high street store
Ebay is opening a pop-up shop just off Oxford Street in London’s West End in December which will allow customers to shop using their mobile phones.
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NewsLaura Ashley chief executive Lillian Tan stands down
Laura Ashley chief executive Lillian Tan has stood down from the role.
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NewsFrench Connection like-for-likes plummet 9.5%
The warm weather hit French Connection in its third quarter. The fashion chain suffered a 9.5% plunge in UK like-for-like sales as shoppers shunned its winter clothing.
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NewsAsda launches new mobile app
Asda has launched a new mobile app which allows customers to buy groceries online and compare the price of their shopping to rivals using an iPhone.
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NewsGrocers focus on own-labels in the battle for margins and share
Supermarkets are setting their sights on own-label products to create differentiation and drive margin improvements as they fight for market share.
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NewsTesco trials web and store augmented technology
Tesco customers can see how products will look in their homes as well as watch film trailers in store with new augmented reality technology online and in shops.
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NewsSainsbury’s plans first standalone pharmacy
Sainsbury’s is to open its first separate pharmacy outside its supermarkets as the grocer looks beyond traditional retailing and expands its healthcare services business.
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NewsQD Stores plans pop-up stores to counter lack of space
Discount retailer QD Stores plans to open pop-up shops to tackle the shortage of larger store space available in key regions.
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NewsSales rise at Ted Baker
Ted Baker has defied unseasonably warm autumn weather to report a 7.8% rise in group sales.
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NewsMothercare chairman launches review after first-half losses
Mothercare chairman Alan Parker marked his first 100 days in office by reporting an interim loss and launching a review of the ailing UK business.
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Euroset withdraws from Ukrainian market
Russian mobile phone retailer Euroset has withdrawn from the Ukrainian market, closing all its stores.Euroset has been reducing stores numbers in Ukraine since 2009. The biggest disposal was in the summer of 2010 when the company shut 150 shops. In December 2010, Euroset had 275 stores in the country and ...
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Shoppers Drug Mart reports sales increase
Drugstore operator Shoppers Drug Mart has reported a sales rise of 2.1% to CAD3.11bn (£1.92bn) for the third quarter ended October 8.On a like-for-like basis, total sales increased 1.5%, with prescriptions up 1.1% and front-store sales (products sold separately from the pharmacy) up 1.8%. During the quarter, total prescription counts ...
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Yamada Denki posts drop in net sales
Electronics retailer Yamada Denki has posted a 2.6% drop in net sales to ¥987bn (£8.04bn) for the first half. Operating profit rose 33.8% to ¥63bn (£518.3m), while net profit increased 44.6% to ¥40.9bn (£333.5m).During the period the company introduced electric vehicles, solar panels, household lithium batteries and energy-saving equipment in ...
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Sales rise for Grocer Delhaize Group
Grocer Delhaize Group’s sales in the third quarter of 2011 rose 6.6% at identical exchange rates, to E5.33bn (£4.57bn).Growth in the US reached 3.5% in dollars and 1.9% like-for-like. Operating profit increased 1.8% at identical exchange rates to E238m (£204.1m). Operating margin decreased to 4.5%, mainly due to the consolidation ...
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NewsTed Baker boss almost caught on camera
Could this be the most revealing picture we have seen yet of Ted Baker chief executive Ray Kelvin?
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NewsWHSmith expands Irish offering with Arnotts opening
Bookseller and stationer WHSmith has made its first foray into Ireland outside its travel stores by launching a bookshop within Dublin department store Arnotts.