All News articles – Page 1400
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NewsMatalan cautious after profits slump 63%
Matalan said it remained cautious on the outlook after the value fashion and homewares retailer reported a 63% plummet in EBITDA for the second quarter.
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NewsOnline grocery market to double in five years says IGD
The online grocery market will almost double in value to £11.2bn by 2016, according to industry analysts IGD.
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NewsInflation reaches record levels sparking fears of business rates hike
Consumer Price Index (CPI) inflation jumped to 5.2% in September from 4.5% in August, while the Retail Price Index (RPI) measure of inflation has risen to its highest level in 20 years, at 5.6%.
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NewsTesco's Big Price Drop stimulates 1 million extra purchases per week
Tesco has estimated that its Big Price Drop initiative has stimulated 1 million extra transactions per week.
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NewsRetail crime and error costs UK stores £4.9bn
UK stores lost £4.9bn to retail crime and error in the last year despite retailers spending £1bn on crime prevention.
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NewsOxford Street Christmas lights switch on set for November 1
The Oxford Street Christmas lights will be switched on on November 1, as retailers on one of the busiest shopping streets in the UK gear up for the crucial festive period.
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NewsRetailers 'filling hole in Scottish Government's budget'
The Scottish Government has a “hole in its budget and has chosen the retail sector to fill it”, according to the Scottish Retail Consortium (SRC)
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Walmart de México opens first standalone pharmacy
Walmart de México has opened its first standalone pharmacy in the country, Planet Retail has learned. The opening is part of a trial project and the retailer has not revealed any further details about it. Walmart already operates a number of pharmacies in Mexico, generally located next to larger stores ...
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Discount retailer Target launches limited-edition collection
Discount retailer Target is partnering with designer Josie Natori to launch its first limited-edition collection of lingerie and loungewear. The Josie Natori for Target range will appear in two seasonal instalments, the first of which will be available from the end of October in time for the Christmas season. The ...
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NewsCity retail area to be pedestrianised for Christmas shopping event
City of London shopping street Cheapside will be pedestrianised for a day in December to make Christmas shopping easier.
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NewsDebenhams poaches BHS managing director Mike Goring
Debenhams has poached BHS managing director Mike Goring who will become retail director of the department store.
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NewsTesco launches bras for girls aged nine
Tesco has launched a bra for girls aged nine as the age girls reach puberty becomes increasingly earlier.
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NewsJack Wills profits jump as it focuses on US expansion
Preppy young fashion chain Jack Wills has posted an increase in pre-tax profits of £3.8m for the year to January 31.
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News"Harrods of the North" on market for £50m
Owners of Scottish retailer House of Bruar have put it up for sale for £50m.
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NewsWalker stays out of first-round Iceland bids
Iceland chief executive Malcolm Walker will not submit a first-round bid for the supermarket chain.
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NewsAsda and Morrisons launch new offensives in grocery war
Two of the UK’s biggest supermarkets, Asda and Morrisons, have launched new initiatives to woo customers into store.
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NewsDragon's Den star in line for chairman job at Comet
Dragons’ Den star Peter Jones is in the running to become executive chairman at embattled electricals retailer Comet, under plans being drawn up by would-be owner Hilco.
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NewsBlockbuster UK posts profits fall
DVD rental chain Blockbuster UK profits slumped from £4.6m to £1.7m in the year to January 2.
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NewsUnusual store names in São Paulo
You have to wonder about the happy coincidence of some highly unusual names all trading within a single mall in São Paulo.
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Bernardo Caprotti steps down as chairman of Esselunga
Bernardo Caprotti, founder and owner of supermarket chain Esselunga, has stepped down as chairman. Caprotti made the announcement himself and said the move will help the private chain “have a proper management”. He said that he will retain “an operating role” in human resources at Esselunga.Caprotti will also retain his ...