All News articles – Page 1428
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NewsLandlords claim to be flexible in tough climate
Landlords claim that high street shop rents have fallen by a third over the past 20 years and that they are being more flexible in the tough climate.
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NewsUPDATED: A-wear 'will not go into examinership'
A-wear, the Irish fashion retailer controlled by private equity firm Alchemy, is not at risk of going into examinership sources familiar with the situation told Retail Week.
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NewsTesco extends Irish market share lead
Irish grocery sales were flat in the 12 weeks to August 7 as shoppers kept a tight rein on spending.It was the first time in 12 months that there was no value growth in the market, Kantar Worldpanel data showed.Market leader Tesco consolidated its position, delivering sales growth of 1.7% ...
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NewsNectar offers points for recycling and leisure visits
Loyalty scheme operator Nectar is to trial offering residents in Birmingham the chance to collect points when they recycle or use their local leisure centre.
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NewsTommy Hilfiger to open flagship on London's Brompton Road
Fashion retailer and brand Tommy Hilfiger is to open its biggest UK store in November this year on London’s Brompton Road.
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NewsNet-a-Porter founders invest in Cult Beauty
Two founding partners of fashion etailer Net-a-Porter have invested in beauty etailer cultbeauty.co.uk.
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NewsOliver Bonas founder attacked by rioters
The founder of fashion and lifestyle retailer Oliver Bonas has spoken of being attacked during the London riots as he confronted a group of looters.
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NewsOka profits up 24%
Oka, the furniutre chain part owned by Lady Astor, David Cameron’s mother-in-law, reported a 24% rise in underlying profits to £427,000 in its last financial year.
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NewsJD Sports hires property advisor to drive expansion in France
Fashion group JD Sports has hired property advisers to guide on expansion in France.
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NewsFootfall slips while nationwide vacancy rate stands at 11.2%
Footfall between May and July was 1% lower than the same period a year earlier, with the hardest hit locations being Wales, the west Midlands and the East of England.
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Stockmann reports net sales increase
Department store retailer Stockmann reported net sales rose 13% to E510.2m (£449m) for the second quarter. But net profit fell 43% to E14.7m (£13m).The retailer forecasts second-half 2011 operating profit will outperform the previous year, driving an overall rise in pre-tax earnings. Stockmann expects Russian operations to continue to grow ...
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NewsAll Saints' Craig gets his shot at glory
Most boys only dream of playing for their favourite football team, but All Saints chief executive Stephen Craig actually managed it when he took the field in front of 55,000 fellow Celtic supporters at Parkhead last week.
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NewsSainsbury's to exclusively launch Joan Collins book
Sainsbury’s is hoping some 1980s Dynasty glamour will bring shoppers to its stores when it exclusively launches actress Joan Collins’ upcoming book.
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NewsM&S becomes exclusive fashion partner for The X Factor
Marks & Spencer has been named the exclusive fashion partner of The X Factor, the search-for-a-star TV show.
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NewsZara-owner Inditex in sweatshop inquiry
Fashion giant Inditex is under investigation by Brazil’s ministry of labour after one of its contactors was found to be using employees in sweatshop conditions.
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NewsVideo: Shops forced to shut in south coast's flash flooding
Retailers on the south coast were forced to shut up shop yesterday as flash flooding drenched parts of Dorset and Hampshire.
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NewsAsda launches mobile groceries site
Asda has launched a mobile optimised transactional site for its groceries offer.
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NewsPlus-size women's fashion sales to reach £5.7bn by 2016
The plus-size clothing market is expected to generate sales of £7.9bn by 2016 after rapid growth over the last five years.
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NewsJohn Lewis beats rioters with weekly sales rise
Department store chain John Lewis generated a sales increase of 2.9% to £52.9m last week, despite riot disruption. Excluding VAT, the rise was 1.3%.
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Sales increase for department store Macy’s
Department store operator Macy’s has said sales in the second quarter ended July 30 rose 7.3% to $5.94bn (£3.7bn) and 6.4% on a like-for-like basis. Online sales (Macys.com and Bloomingdales.com) were up 40.2%. Operating income climbed 37% to $506m (£313m).Macy’s chairman, president and chief executive Terry Lundgren said: “All of ...