All News articles – Page 1408
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NewsLakeland warns of "miserable" 2011 despite profits rise last year
Lakeland grew profits and sales last year but the homewares retailer has said that 2011 has been “miserable” in the last two months.
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NewsRetailers call on London Mayoral candidates to back West End
Retailers in London’s West End have called for urgent action to cut the number of buses running along Oxford Street and Regent Street in a 10-point ‘manifesto’ aimed at the capital’s mayoral candidates.
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NewsReiss hires Sanjay Sharma as international director
Upmarket fashion retailer Reiss has appointed Sanjay Sharma to the newly created role of international director for Reiss.
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NewsNew Look loses ecommerce director McBrien to M&S
New Look ecommerce director Dom McBrien is to leave the retailer and join Marks & Spencer.
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NewsRetail insolvencies up 12% in the third quarter, says PwC
Retail insolvencies soared 12% year-on-year in the third quarter of 2011.
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NewsNew Look circled by vulture funds
New Look is being circled by ‘vulture funds’ as pressure builds on the fashion retailer to pay off its £680m Payment in Kind (PIK) debts.
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NewsWaitrose unveils dark store in Acton
Waitrose is to open its first dotcom-only store tomorrow [October 4] in Acton as it seeks to ramp up its delivery in London.
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NewsOffice drafts in former Jane Norman managing director
Footwear retailer Office has appointed former Jane Norman managing director Ian Findlay as finance director.
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NewsM&S gives its Christmas ads the X Factor
This year’s X Factor contestants are reportedly set to front the Marks and Spencer’s Christmas ad campaign.
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NewsWaterstone's boss brands Amazon "utterly ruthless"
New boss of Waterstone’s James Daunt has called online rival Amazon “utterly ruthless” in its business tactics.
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NewsAgent Provocateur moves back into the black
Luxury lingerie chain Agent Provocateur has moved back into the black, posting a £1.1m pre-tax profit last year compared with a £1.8m loss the previous year.
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NewsMinimum wage increase will threaten retail employment, warns BRC
The increase in minimum wage will make it harder for retailers to maintain and create jobs according to the British Retail Consortium.
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NewsTesco expected to post sales fall
Top grocer Tesco is expected to provide evidence of how tough retail trading conditions are when it issues first-half figures on Wednesday.
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NewsWiggle pedals towards sale or float
Wiggle held a beauty parade last week as six investment banks pitched to advise its potential float, as the bikes etailer also mulls a sale to private equity.
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NewsMorrisons eyes Garden Centre Group
Supermarket Morrisons is considering bidding for garden centre specialists Garden Centre Group, formerly known as Wyevale.
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PPR suspends sale of Redcats division
PPR has suspended the sale of its Redcats division, citing market conditions as the reason for a failed auction process. First round bids for Redcats were due to be completed last week, with acquisition firms TPG and PAI working on a joint bid. Permira, Apax Partners and Advent International were ...
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Dansk aims to overtake Lidl
Dansk Supermarket and its Sweden-based banner Netto is aiming to overtake Lidl to become the largest hard discounter in the country. Chief executive Jan Richter revealed the chain will look to open 30 new outlets a year until 2015, and expects to surpass Lidl in terms of store numbers during ...
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Aditya Birla Retail to expand presence in rural markets
Aditya Birla Retail has announced that it will focus on expanding its presence in rural markets, according to its vice- president Sumit Chandna.Over 30% of the retailer’s supermarkets are in smaller towns where disposable income is high, hence future expansion will be centred on these locations, he noted.
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NewsConsumer confidence rises in September
Consumer confidence improved in September for the first time since May.