All News articles – Page 1444
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NewsSuperquinn boss exits days after Musgrave take over
The chief executive of Superquinn, the Irish grocer that was bought out of receivership by rival Musgrave on Tuesday, has left the business.
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NewsJune sales rise despite drop in food spending
Retail sales values in June rose by 4% compared with the previous year and volume sales showed a marginal increase as food sales had its largest fall on record.
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NewsZara unveils new store design
Fast fashion chain Zara is to unveil an “exciting and experiential” new store design in Westfield Stratford City in September.
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NewsIT investment hits Evans bottom line
Evans Cycles pre-tax profit slumped from £4m to £941,000 in the year to October 30.
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NewsMusgrave saves Irish grocer Superquinn
Musgrave Group will be catapulted into top spot in the Irish grocery market following its acquisition of Superquinn this week.
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NewsWorldStores to create umbrella brand
WorldStores, operator of niche websites such as PatioHeatersWorld.co.uk and MattressesWorld.co.uk, is to develop an umbrella brand following an £8.5m venture capital cash injection.
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NewsAsos drives global sales with further overseas site launches
Asos will launch its next tranche of international websites in September as it seeks to further drive overseas sales.
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NewsPerfume Shop launches loyalty card scheme
The Perfume Shop is to go live with its loyalty scheme in September and hopes at least half of its 5 million existing customers will have signed up within four years.
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NewsAllders goes national again with website
Department store Allders launched a transactional website this week, which chief executive Andrew MacKenzie said could turn over more than its high street store in the next three years.
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News12 further Life & Style shops shut
The administrator to fashion and homewares chain Life & Style are to shut a further 12 shops making another 181 staff redundant.
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NewsHalfords like-for-likes slip in a "difficult environment"
Halfords retail like-for-likes slid 1.1% in the 13 weeks to July 1.
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NewsFocus closing down Sale knocks B&Q performance
Sales at DIY giant Kingfisher’s flagship UK division slumped in the second quarter, affected partly by the closing down Sale of rival Focus, but the retailer expects to end the year in “excellent shape”.
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Costco reveals Australian expansion
On the eve of opening its second Australian store in Sydney, Costco has revealed it is looking to expand in the country.Costco Australia managing director Patrick Noone said: “We are looking at all the big cities, as well as looking at additional buildings we could do in Sydney and Melbourne, ...
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Spar Australia launches new store concept
Spar Australia has launched a new store concept called Jardin Fresh Life. The format has a larger sales area than a traditional Spar, with a strong focus on fresh produce.The first Jardin Fresh Life store displays products in a market-style atmosphere in the 11,625 sq ft space. The shop also ...
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Auchan set to more than triple store count
French hypermarket operator Auchan has said that it plans to more than triple its store count in Russia within five years.The retailer aims to be operating up to 150 stores in Russia ranging between 107,640 sq ft and 215,280 sq ft. It said it would probably open more Radouga discount ...
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NewsOnline sales up 19% in the first half
Online sales surged 19% in the first half of 2011, exceeding growth expectations by 1%.
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Casino’s board rejects planned merger
Casino’s board has rejected the planned merger of Brazilian hypermarket and supermarket operator Grupo Pão de Açúcar – in which the retailer has about a 40% stake – with French competitor Carrefour.On the back of the news, the Brazilian state development bank said it was pulling its $3bn (£1.9bn) investment ...
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Sales rise for Beauty retailer SaSa
Beauty retailer SaSa’s sales rose by 34.6% for its first quarter ended June 30, 2011.Like-for-like sales growth in Hong Kong and Macau was 26.3%. Other markets (comprising Mainland China, Singapore, Taiwan and sasa.com) had a year-on-year growth of 21.4%.
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Drugstore operator Rossmann reports revenue growth
Drugstore operator Rossmann reported revenue for the first half of 2011 grew 12% to E2.4bn (£2.1bn). Rossmann currently has 2,450 stores, of which 1,600 are in Germany and 850 are in Poland, Hungary, the Czech Republic, Albania and Turkey.The retailer plans to generate full-year revenue in excess of E5bn (£4.3bn) ...
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NewsBrand Cellar to revive Dewhurst butchers brand
Brand Cellar, a company set up to relaunch some of Britain’s best known names, is to revive the famous butchers Dewhurst brand.