All News articles – Page 1421
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News99p Stores secures £20m banking facility to double size of business
99p Stores is gunning to double the size of its business and has secured a £20m extended banking facility with Barclays Corporate as its first two Irish stores open today.
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NewsDoubts emerge over Comet sale
The sale of electricals retailer Comet looks increasingly unlikely to go ahead as it understood the two remaining potential bidders are seeking a dowry in the region of £150m-£200m.
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NewsSports Direct profits dip
Sports Direct gross profits suffered a dip after sales remained flat.
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NewsShop price inflation slows in August
Shop price inflation slowed in August to 2.7% compared to 2.8% in July.
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NewsThorntons pre-tax profit dips after impairment charges
Thorntons has reported a dip in pre-tax profit but the chocolatier remains confident its turnaround plan will create a revitalised business.
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NewsLike-for-likes slide 7% at Dixons
Electricals group Dixons, owner of Currys and PC World, has posted a 7% fall in group like-for-like sales but will meet full-year profit expectations
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NewsSuperGroup sales continue to soar
SuperGroup sales soared 66% to £54m in its first quarter in the three months to July 31.
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NewsJohn Lewis’s name spreads overseas
Thanks to Barracuda’s Jamie Zuppinger for this picture of the John Lewis store on Newbury Street in Boston, Massachusetts.
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NewsAmazon to launch order collection lockers in UK shopping centres
Amazon is poised to launch order collection lockers in London shopping centres, Retail Week has learnt, in what will be the etail giant’s first physical manifestation in UK retail.
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NewsHarsh trading conditions prompt redundancies at Arcadia
Fashion giant Arcadia expects to make redundancies at its head office to improve efficiency and make best use of resources in tough trading conditions, but the retailer will continue to invest in growth.
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NewsSainsbury's poaches group property director from Dixons
Sainsbury’s has poached Dixons group property director Philip Bell-Brown to become its director of property development.
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NewsAustin Reed Regent Street store to represent 'brand vision for future'
Austin Reed promises to “reignite the spirit of British heritage tailoring” with its new flagship store in Regent Street.
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NewsMarks & Spencer strengthens brand marketing team
Marks & Spencer has bolstered its marketing team to help achieve chief executive Marc Bolland’s aim of turning some of its ‘labels into real brands’.
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NewsRetail analyst Tony Shiret to join RBS
Tony Shiret, one of retail’s highly regarded analysts and a vocal critic of Marks & Spencer under Sir Stuart Rose, is to take up a new role at Royal Bank of Scotland.
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NewsShopper’s thrifty approach is just pants
Marks & Spencer’s pants are considered by millions to be the best, and some people will go to great lengths to keep them safe.
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NewsSelfridges Manchester revamps beauty hall as part of £20m store investment
Selfridges in Manchester has revamped its beauty and accessories hall as part of a £20m investment into the store.
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NewsIceland staff to share record £14.6m pay rise
Iceland staff are to share a £14.6m pay increase from next month in a rare piece of good news for the retail sector.
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NewsRetail sales hold up in August, despite riots
Last month’s riots in English cities had little impact on retail sales, which edged down 0.6% like-for-like during August.
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NewsJohn Lovering named chairman of Maplin
Veteran dealmaker John Lovering has been appointed non-executive chairman of Maplin, the electricals specialist owned by Montagu Private Equity.
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NewsFormer HoF brand director moves to travel retailer
Matt Chambers, former executive brand director at House of Fraser, has been hired by travel retailer Aldeasa-WDF.