All News articles – Page 1391
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News£1 rents as landlords try to avoid business rates
Shops are being let for just £1 to retailers on some depressed high streets as landlords try and avoid paying business rates.
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NewsCrate & Barrel puts UK store plans on hold
American homewares retailer Crate & Barrel has frozen plans to expand into the UK due to concern about current European economic climate, it is understood.
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NewsBrightHouse profits up 22% in first half
Rent-to-own electricals and furniture retailer BrightHouse has revealed EBITDA rocketed 21.8% to £20.7m in its first half.
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NewsAsda teams up with Farmfoods for Iceland bid
Asda has teamed up with the Scottish frozen supermarket chain Farmfoods in its £1.4bn bid for Iceland, it is understood.
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NewsBest Buy UK big box stores to shut
Electricals group Best Buy is to close its big boxes in the UK and partner Carphone Warehouse’s will instead focus on developing its ‘connected world’ store model.
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Potential to operate stores in existing countries, says TJX
Off-price retailer TJX has said that it believes there is potential to operate 4,200 to 4,500 stores in its existing countries versus the 2,913 estimated to be in operation by the end of this financial year.The company is looking to have between 300 and 325 stores in the UK and ...
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Sears announces launch of new digital local ad programme
Sears has announced the launch of its new digital local advert programme at Sightssearslocalad.com and Kmartlocalad.com.The sites offer shoppers current pricing and promotions as well as real-time stock checks for their local Sears or Kmart store. They also allow customers to shop by category and create item lists that can ...
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NewsVideo: Arsenal reveals Generation Game-inspired Christmas online ad
Arsenal has had a bit of fun in the lead up to Christmas, producing an online ad starring football aces Kieran Gibbs, Andrey Arshavin and Yossi Benayoun.
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News99p Stores launches discount bra
Single-price retailer 99p Stores is offering ‘smalls’ at small prices with the launch of a bra.
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NewsMydeco.com to launch transactional site
Mydeco.com, the homewares and furniture aggregator website, is transforming itself into a fully fledged retailer when it launches a transactional site later this month, Retail Week can reveal.
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NewsAll Saints full year profits plunge
All Saints profits plunged 9% to £21.5m despite soaring sales for the year ending January 2011, according to figures filed at Companies House.
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NewsTough Christmas ahead for retailers as consumer confidence remains low
Retailers are “braced for a difficult Christmas” after a marginal increase in consumer confidence in the third quarter.
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NewsHobbs profits soar on record sales
Upmarket womenswear retailer Hobbs’ pre-tax profits soared 137% on record sales in the year to January 29.
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NewsJohn Lovering board appointment sparks speculation over Peacocks
Serial dealmaker John Lovering has joined the board of Peacocks owner Henson No 1, sparking speculation that he will exert a powerful influence over the embattled value retailer.
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NewsFirst M&S Food on the Move store to be trialled in London
Standalone shop will sell hot and cold food from the retailer’s existing ranges targeted at commuters.
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NewsMonsoon hit by another management departure
Womenswear retailer Monsoon Accessorize is to suffer another management departure.
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NewsWarm weather hits John Lewis half-term sales
Sales at John Lewis fell in the week to 29 October, with takings down in all but one store and much slower growth from the website.
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NewsM-commerce sales to reach £2.5bn by 2016
Mobile retail is expected to grow by 42% per year for the next five years to be worth £2.5bn by 2016.
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Woolworths reports overall sales increase
Woolworths’ overall sales for the first quarter of 2011 were up 4.9% to AUD14.6bn (£9.6bn). Net sales at its supermarket division including fuel grew 5.8% to AUD12.56bn (£8.27bn), bolstered by a 17% rise in revenue from fuel.Its Australian food and liquor sales increased 4.4% compared with the same period last ...

















