All News articles – Page 1393
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NewsNew flagship store for Hallmark
Greetings card retailer Hallmark unveiled its new flagship store in Leeds last week, showcasing its “less formal” brand positioning.
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NewsStore Twenty One to push trend-led fashion
Value clothing and homewares retailer Store Twenty One is to further increase its fashionability after its trendier lines helped it bounce back into the black.
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Decrease in revenue at DIY retailer Praktiker
DIY retailer Praktiker has revealed revenues dropped 7% to E844m (£735m) for the third quarter ended September 30.Like-for-like sales were also down 7%, while revenues of the Praktiker banner in Germany fell 9%. However, its domestic Max Bahr banner reported revenues increased by 3%. International revenues continued to decline, particularly ...
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NewsJJB targets women with new ranges and fitness classes as losses widen
Struggling sportswear retailer JJB is aiming to target women as part of its turnaround plan as its losses widen further.
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NewsNew chief at Clintons reveals recovery plan
Greetings card retailer Clintons is leading a four-pronged strategy to turn the struggling business around, including a property review that could include closing underperforming stores.
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NewsB&Q's oldest employee retires
We’re all going to have to work for longer in years to come, but hopefully not as long as B&Q’s oldest employee Syd Prior who has decided to finally hang up his apron at the age of 96.
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Kesko appoints Arja Talma
Grocery and general merchandise retailer Kesko has appointed Arja Talma as president of Rautakesko and corporate management board member responsible for Kesko’s building and home improvement trade. Talma has been Kesko’s chief financial officer since 2005 after joining the company in 2004.Minna Kurunsaari has been named corporate management board member ...
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Metro (Canada) enters into partnership agreement with Marché Adonis
Metro (Canada) has entered into a partnership agreement with Montreal ethnic food retailer Marché Adonis. Metro now holds a 55% stake in both Marché Adonis, which specialises in fresh and Mediterranean products and prepared meals, and its distributor sister company Phoenicia Products.Marché Adonis’ founders have retained a 45% interest and ...
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NewsRob Templeman gives first speech as BRC chair
Retail could be the “engine growth for the economy” if the Government helps reduce burdensome business rate increases next year, chairman of the British Retail Consortium (BRC) Rob Templeman said in his debut speech.
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Walmart to shut apparel office in New York
Walmart is to shut its apparel office in New York to reduce costs and concentrate on more basic clothing.The office has about 275 workers in areas including product development and buying. These functions will be transferred to Walmart’s home town of Bentonville, Arkansas by February next year.Walmart US chief executive ...
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NewsJohn Lewis to open smaller format store in York
John Lewis has revealed plans to open another smaller format department store, in York. -
NewsTopshop to launch mobile site as mobile sales climb
Topshop is to launch an app and mobile optimised site in the coming months as mobile becomes an increasingly important channel for retailers.
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NewsScottish Government urged to conduct impact assessment on supermarket levy
Scotland’s finance secretary John Swinney must be pushed towards a full impact assessment on proposals for a new levy on retailers selling alcohol and tobacco, the Scottish Retail Consortium (SRC) has urged.
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NewsAsda partners with cookery school Leiths
Asda has partnered with Leiths School of Food and Wine to create and develop its entire Extra Special food range.
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NewsMatalan's credit rating downgraded
Matalan’s credit rating was downgraded by Standard & Poor on Tuesday, with one debt facility cut to ‘junk’ status, it is understood.
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NewsDirectory sales power third quarter sales growth at Next
A strong third quarter performance from Next’s Directory business helped compensate for weak store sales and full-year profits are expected to be up.
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NewsShop Direct hires former Clarks finance director Mark McMenemy
Shop Direct has hired former Clarks group finance director Mark McMenemy.
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NewsScottish government to bring in alcohol pricing bill
The Scottish government is preparing to introduce minimum pricing on alcohol in a bid to improve the nation’s health – a policy that some retailers believe is misguided.
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NewsRiver Island launches international shipping
Young fashion retailer River Island has introduced international shipping from its website from today (November 1).
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NewsH&M brands Monki and Cheap Monday open first UK stand-alones
H&M-owned brands Monki and Cheap Monday have signed for their first UK stand-alone stores on London’s Carnaby Street.