All News articles – Page 1398
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NewsJohn Lewis sales up as shoppers feel festive
John Lewis sales rose 9.9% to £62.6m last week as it clocked up the best performance of the half.
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Lawson reports net profit fall
Convenience store operator Lawson has reported its financial results for the six months ended August 2011.Net profit fell 27% to ¥8.96bn (£68.6m) from ¥12.29bn (£90.6m) for the same period last year. The drop was due in part to losses related to new accounting standards. Operating profit experienced an 8% gain, ...
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Electronics retailer Bic Camera posts net sales increase
Electronics retailer Bic Camera posted a 0.6% increase in net sales to ¥612.1bn (£4.7bn) for its financial year ended August 31. Operating profit for the period soared 35% to ¥19.9bn (£152.4m), while net profit rocketed 51.7% to ¥9bn (£68.9m).Bic Camera said sales of household appliances had benefited from the government’s ...
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NewsAsos shoe row settled
Asos is understood to have paid damages to fashion group Arcadia to put an end to a legal dispute over copyright infringement.
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NewsAsda boss plays it cool over price war
Grocery price wars? Nothing’s changed judging by Asda boss Andy Clarke’s attitude.
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Gap announces plans to shut a fifth of its stores
Fashion retailer Gap has announced that it plans to shut more than a fifth of its Gap stores in North America over the next two years. The retailer recognised that it had expanded to such an extent that the US market became oversaturated with its stores. As a result, Gap ...
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NewsIn focus: Halfords
People are spending less on their cars, so the retailer is investing in the booming cycling market by Tiffany holland.
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NewsKesa manoeuvres to keep ‘economic interest’ in Comet
Kesa could keep an economic interest in Comet, the embattled electricals chain it has put up for sale, under a proposal being discussed with private equity firm OpCapita.
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NewsSuperstore roll-out on the cards for Kiddicare
Morrisons-owned nursery retailer to open national chain of destination stores in multichannel push.
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NewsNew Look unveils bodyscanner
New Look has debuted a bodyscanner in its Westfield Stratford City store, which calculates the contours of the body to help customers find the perfect fitting pair of jeans.
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NewsRetail suffers as bad news hits confidence
The overall market was up but retail shares were down over the week, with a raft of bad news and concern about consumer confidence hitting the stores sector.
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NewsHigh street bargains hurt UK sales at Asos
Nick Robertson blames promotional high street for UK sales slowdown.
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NewsThe Hoff attends Clintons Celebrity Fastcard launch
Former Baywatch star David Hasselhoff proved he would literally turn up to the opening of an envelope on Tuesday night when he attended the launch of Celebrity Fastcard, which is set to launch in Clintons next week.
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NewsGrocers eye Iceland as first round bids deadline passes
Grocers Morrisons and Asda have expressed interest in acquiring frozen foods chain Iceland as the deadline for first-round bids passes.
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NewsEbay predicts surge in m-commerce sales
Ebay has forecast m-commerce will swell 20% higher across this year than it originally expected as it revealed strong third quarter figures.
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NewsNew Oddbins owners plot comeback strategy
Wine and spirits retailer Oddbins, which has been relaunched under new owners, will focus on product range, pricing and store layout under a new management team.
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NewsBonmarché to expand its business overseas
Value womenswear retailer Bonmarché is eyeing international expansion after bolstering its board with a new brand director.
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NewsVideo: Oasis's revamped London flagship
Oasis’s revamped London flagship store clocked up record sales when it reopened last weekend.
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NewsCSL plots interactive online sofa site
Furniture specialist CSL is developing a virtual shop that customers can browse online while speaking with a trained personal shopper who will guide them through their purchases.
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NewsRetail sales rise in September, but hot weather hits fashion
Retail sales rose in September, with value growth being driven by food inflation, but fashion sales volumes experienced their biggest fall for three-and-a-half years, the ONS said this morning.