All News articles – Page 1435
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NewsAmerican Apparel narrows losses in Q2
Struggling US fashion chain American Apparel has reported that it has narrowed losses for the three months ended June 30.
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NewsTesco closer to India move as Government set to withdraw ownership restrictions
The Indian finance minister has hinted that foreign supermarkets such as Tesco and Wal-Mart could soon set up shop in the country.
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NewsShopping centre construction falls to early 1990s levels
The rate of shopping centre construction activity has fallen to levels not seen since the early 1990s recession, according to a new report from property firm CB Richard Ellis.
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NewsCarpetright boss Lord Harris says rioters need jobs
Carpetright chief executive, Lord Harris of Peckham, has called on the Government to do more to provide jobs for young people following the London riots.
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NewsRetailers hit by third night of rioting
UPDATED: Retailers across London and beyond found themselves under attack in a third night of rioting.
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News'Modest' retail sales growth in July, BRC reports
Retail sales edged up 0.6% like-for-like in July, when total revenues advanced 2.5%.
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NewsBieber fever at HMV
If you thought one Justin Bieber was scary enough, HMV made it a hundred times worse when it allowed fans to queue up for an early DVD release with Bieber masks on.
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NewsMet holding briefing for retailers hit by riots
The Metropolitan Police is holding an emergency briefing for major UK retailers to update them on the riots taking place in London, Retail Week has learnt.
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NewsTesco blames technical glitch for pricing error
Supermarket group Tesco has blamed a technical error for lower prices on some products in Scottish stores, in breach of an industry agreement.
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Portas to meet Justin King to discuss future of high street
Mary Portas is to meet Sainsbury’s chief executive Justin King as part of her high street review.
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NewsDistress specialists exit battle to buy Comet
Distress specialist bidders are understood to have exited the battle to buy struggling electrical firm Comet.
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NewsThis Asda be a joke
Everyone in business needs to take the new Bribery Act seriously, but it comes as no surprise that it’s an American-owned retailer which has taken it one step further.
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Grocery retailer Casino announces sales growth
Grocery retailer Casino has announced its second-quarter and half-year results for 2011. The retailer reported that consolidated net sales for the quarter rose by 18.8% to E8.3bn (£7.2bn) – a 4.7% rise achieved in the first quarter.The growth reflected the consolidation of the Casas Bahia electronics chain in Brazil within ...
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Aldi Süd adds leading brands to product ranges
Hard discounter Aldi Süd has added a number of leading manufacturer brands to its private label dominated product ranges in Hungary.New products comprise soft drinks from Coca Cola, a baking product from Dr Oetker and Nutella hazelnut spread.Aldi Süd extended the brand offer in Hungary six months ago, including Heineken’s ...
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Delhaize Group completes acquisition of Delta M
Delhaize Group has completed the acquisition of Serbian retail group Delta M. Delhaize said that over the next several quarters it will focus on the development of strategic plans for pricing, branding, as well as format management to ensure growth in the region.The retailer’s target is the generation of more ...
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NewsFootfall declines in July
Shopper traffic fell 2.2% year-on-year in July, Experian’s Retail Footfall Index showed.
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NewsCredit insurers pay out to Superquinn suppliers
Suppliers to Superquinn who lost out when it was placed in receivership last month are set to be recoup monies from credit insurance policies.
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NewsTesco beefs up clothing team
Tesco has promoted UK buying director for clothing Jan Marchant to a European role and drafted in former Marks & Spencer director Bernadette Lusher to bolster its fashion team.
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NewsWeekly sales 'slack' at John Lewis, but first-half ends well
Sales growth at department store chain John Lewis slackened last week as the good weather put consumers off visiting stores, but the retailer said it has had a good first-half.
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Pick n Pay extends sale deadline by two months
South African retailer Pick n Pay has extended the deadline for the sale of its supermarket banner Franklins to Australia’s third-largest grocer, Metcash, by two months.The sale has been opposed by the the Australian Consumer and Competition Commission due to concerns it would lessen competition in Franklins’ operating region.