All News articles – Page 1406
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NewsAldi’s sales jump as shoppers tighten belts
Aldi, the German grocer which has surged back into popularity this year as consumers tighten their purse strings, reported a loss last year after a store disposal programme but sales grew solidly.
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NewsRetail sales fall at Halfords
A second quarter like-for-like sales fall at car parts and bikes specialist Halfords’ retail division was counterbalanced by a strong showing from the Autocentres service business.
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NewsClaire's Stores appoints Beatrice Lafon European boss
Accessories retailer Claire’s Stores has appointed Beatrice Lafon as president of the European division.
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NewsTed Baker profits up 12.7%
Ted Baker has reported pre-tax profit up 12.7% to £8.5m in its interim results, but the quirky fashion retailer remains cautious given the uncertain macroeconomic environment.
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Carrefour hypermarkets not matching performance of pilot stores
Carrefour said its new Carrefour Planet hypermarkets weren’t matching the performance of the format’s pilot stores. Compared with the pilots sales at newer Carrefour Planet stores have not been increasing as strongly.However, group chief commercial officer José Carlos Gonzalez-Hurtado has said the results were still ahead of the September 2010 ...
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Blockbuster launches subscription movie service
Blockbuster has launched its own subscription movie service which it claims will compete against rival Netflix. Blockbuster Movie Pass will be available from October 1 for a monthly subscription of $10 (£6.40). The service includes DVD movies, TV shows and video games. It will be launched initially to customers of ...
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Edeka plans store openings in 2012
Grocery operator Edeka says it plans to open about 200 new full-assortment stores in 2012, maintaining its expansion pace of the past two years. The company will invest about e1bn (£860m) next year in the expansion and modernisation of its store network. Most of Edeka’s full-assortment stores are operated by ...
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NewsCameron does U-turn on credit card debt
Prime Minister David Cameron has rewritten his speech to the Conservative conference removing a key passage which was interpreted as a call for households to pay off their credit card debts.
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NewsWaitrose launches 'biggest ever' value campaign
Supermarket group Waitrose has launched its “biggest ever” value campaign to emphasise its competitiveness as shoopes keep a close eye on spending.
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NewsUSC boss Jim McGonigle exits
USC chief executive Jim McGonigle has exited after nearly a decade at the chain, Retail Week has learned.
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NewsMothercare warns on profits as UK like-for-likes plummet
Maternity retailer Mothercare has issued a profits warning as consumer confidence continues to deteriorate following the riots in England.
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NewsAsda's Roger McLaughlan to join Toys R Us
Asda Living retail director Roger McLaughlan is leaving the retailer to take up the role of UK managing director for Toys R Us.
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NewsThorntons reports first-quarter sales fall
Chocolatier Thorntons has posted a first-quarter sales fall at all its main divisions but directors are confident in a strong Christmas product line-up.
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NewsSainsbury's warns "very competitive" market here to stay
Sainsbury’s like-for-like sales rose 1.9%, excluding fuel, in the 16 weeks to October 1 as total sales advanced 4.4%.
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NewsCameron urges households to pay off credit and store card debt
Prime Minister David Cameron will today warn millions of cash-strapped households that they should pay off their credit card and store card debt as Britain aims to rebuild itself.
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NewsWarehouse woes to hit SuperGroup profits
SuperGroup, owner of the Superdry brand, has warned that full-year profits will be hit by as much as £9m after warehouse problems.
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NewsDunelm like-for-likes drop 2% in first quarter
Value homewares retailer Dunelm like-for-likes declined 2% in the 13 weeks to October 1.
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NewsTesco reports "subdued" UK growth
Tesco has reported a 6.2% rise in underlying pre-tax profit to £1.9bn for the 26 weeks to August 27 with strong growth overseas helping it prop up the “subdued” UK market.
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NewsShop price inflation stable in September
Shop price inflation was unchanged month-on-month in September, when the overall rate remained 2.7%.
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NewsEbay director moves to senior adviser role
Ebay senior vice president and general manager of eBay Marketplaces Europe Doug McCallum is to move to a new role as senior adviser to eBay Inc’s president and chief executive John Donahoe.