All News articles – Page 1436
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News
Grocer Coles reports fourth quarter sales increase
Grocer Coles reported fourth quarter sales of Aus$6.2bn (£413.6bn), up 5.2% like-for-like. Store development and operations director Stuart Machin said continued rises in the cost of living have made customers watch how they spend their money more closely. “Our lower prices and our ‘down down’ campaign has been well received ...
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NewsHouse of Fraser to open new format click-and-collect store
House of Fraser is to open a new format click-and-collect store in Aberdeen next month.
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News
Bharti Walmart embarks on first major investment
Bharti Walmart, an equal joint venture between Bharti Enterprises and Walmart, is the first major investment made by the partners together.The partners have issued 120 million new shares from unissued share capital with a face value of INR10 (£130,000) each. Walmart will purchase 60 million shares for INR600m (£8.2m) through ...
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NewsTesco to open retro store
Tesco is to open a retro 1960s store at vintage motor festival Goodwood Revival next month.
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NewsInvestor confidence in SuperGroup returns
Fashion retailer SuperGroup appears to have won back investor confidence after a series of upsets and after its stock rose more than a third over July.
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NewsHoF clicks into a new gear
Department store group to take multichannel leap with new format click-and-collect store in Aberdeen
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NewsCity forecasts difficult times for Carpetright
The City expects the retail outlook to remain difficult for Carpetright after it reported an improvement in like-for-likes at the expense of margins.
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NewsFlying Brands steadies ship following first-half ‘mistakes’
Home shopping group Flying Brands’ new contract wins have encouraged house broker Singer, despite the retailer plunging into the red after making big business errors in its first half.
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News
Borders Group US lives on
Borders Group US is preparing for a sale that could see its brand live on despite liquidators clearing books from its shelves and shutting its stores. Executives plan to auction off the company’s intellectual property, including the Borders.com website, on September 14. The move follows other now-defunct retailers such as ...
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NewsBorders collapse hits Paperchase’s profits
Greetings cards and stationery retailer Paperchase’s profits took a hit last year as it suffered amid the troubles of its former US parent Borders Inc.
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NewsBookseller The Works targets online to ‘turbo-charge’ growth
Discount bookseller The Works is seeking to buy an online business to bolster its ecommerce offer as it moves its focus away from opening physical shops.
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NewsBlacks rise continues in spite of retail’s fall
Outdoor specialist Blacks bucked a general retail share price dive to be the biggest riser for the second week running.
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NewsWHSmith potential lies in travel arm
Bookseller and stationer WHSmith is undervalued according to broker Panmure, which reiterated its buy stance on the stock.
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NewsLiberty answers demand for kidswear
Department store Liberty is to open a kids department in February.
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NewsBrand Alley turns on TV web channel
Designer discount etailer Brand Alley has launched an online TV channel.
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NewsRiver Island ups ante with return to print advertising
Creative director keen to grab market share with autumn collection ads in September’s fashion bibles
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NewsClinton boss to add fresh perspective
Clinton Cards new chief executive will “help galvanise the business to help it achieve greater profitability”, says the retailer’s group managing director Clinton Lewin.
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NewsTJ Hughes stores start to close
Administrators to TJ Hughes will kick off closing down Sales immediately and stores will start to close from next week for 22 of the shops.
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NewsCredit insurer cuts Dreams' supplier cover
Suppliers to beds specialist Dreams have had credit insurance withdrawn by Euler Hermes.
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NewsZara to launch online in the US next month
Zara has confirmed the launch of its US website for September.