All News articles – Page 1424
-
News
Mercator reports first-half revenue of €1.4bn
Mercator has reported first-half revenue of €1.4bn (£1.24bn), up 6.1% year-on-year. Net profit grew by 4.9% to €18.5m (£16.3m). The company’s measures for the period included lowering the prices of more than 2,000 products, which required an investment of almost €12m (£10.6m). The sales area of the company’s operations grew ...
-
News
Ahold operating income drops
Ahold saw operating income drop 4.9% to E719m (£634.5m) in the first half of 2011. Net sales reached E16.1bn (£14.2bn), up 1.7% in comparison with the same period in 2010. In the second quarter, net sales dropped 3.5% to E6.9bn (£6.1bn). Ahold’s US operations saw net sales increase by 6.5% ...
-
News
Home Depot to roll out click and collect
Home Depot is to roll out its Buy Online, Pickup In-Store service across its US stores during the third quarter of 2011. The service currently runs in around 100 Home Depot stores. The move is in line with the retailers’s stated focus on “interconnected retail”, based on the view that ...
-
News90% of shoppers expect food prices to go up in next year
90% of shoppers expect food prices to be more expensive in the year ahead and will use different retailers and store sizes in a bid to get the best prices.
-
NewsWaterstone's to axe 3 for 2 offer
Waterstone’s is axing its popular 3 for 2 discounts on books in one of the most dramatic changes so far under new boss James Daunt, it is understood.
-
NewsPIRC advises Sports Direct shareholders to block Mike Ashley deal
Sports Direct shareholders have been urged to oppose an £86.6m property acquisition from founder Mike Ashley by shareholder representative group PIRC.
-
NewsBargain Booze up for sale with £100m price tag
Bargain Booze has been put up for sale by its private equity owners with a price tag of up to £100m.
-
NewsConsumer confidence slides to recessionary low
Consumer confidence fell in August back to its level in April and only matched during the turbulent periods of 2008/09 and in early 1990.
-
NewsWHSmith launches £50m share buy-back programme
WHSmith is to run another £50m share buy-back scheme this financial year following the success of last year’s programme.
-
NewsTesco to sell its Japan business
Tesco is to sell its business in Japan as it said it could not build a “sufficiently scalable” operation.
-
NewsOcado urged to shelve plans for second fulfilment centre
Online grocer Ocado should abandon plans for a £210m second customer fulfilment centre until it proves that it has a viable business from its first, according to a leading broker.
-
NewsIkea Foundation donates $62m to East Africa relief effort
The Ikea Foundation has donated $62m (£38m) towards the relief effort in East Africa.
-
NewsCrate & Barrel to start brand building as it prepares for first UK store opening
US furniture giant Crate & Barrel is to start brand building and will launch a UK website as it prepares to open its first store in the country.
-
NewsCredit insurers put value clothing retailers on watch list
Value clothing retailers are coming under increasing scrutiny from credit insurers as trading conditions remain tough.
-
NewsHarvey Nics and Mulberry in talks to create upmarket Stratford walkway
Luxury stores Harvey Nichols and Mulberry are in talks to open shops in the walkway to the Olympic Stadium in Stratford.
-
NewsNew Look launches property review
Value fashion chain New Look is assessing options for its property portfolio.
-
NewsLa Senza mulls store exits
Lingerie chain La Senza is reported to be considering plans to restructure the retail business in a move that would allow it to close or sell some of its poorly-performing stores.
-
NewsFamilies £11 a week worse off in July according to Asda Income Tracker
UK families were £11 a week worse off in July 2011 than they were a year ago according to the Asda Income Tracker.
-
NewsJohn Lewis to use Waitrose stores to double its click-and-collect network
John Lewis is to double the size of its click-and-collect operation by adding an extra 60 Waitrose branches to its network of stores at which customers can pick up goods.
-
NewsTesco invests $45m in IT infrastructure
Tesco is investing $45m in its IT infrastructure in a bid to solve problems more quickly and improve customer service.