All News articles – Page 1450
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NewsTheo Fennell eyes international expansion as its pre-tax losses grow
Luxury jeweller Theo Fennell is eyeing international expansion as its pre-tax losses grow
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NewsHilco sells Habitat European arm to Cafom Sa
Habitat’s European business has been sold by Hilco to Cafom SA, a French international home furnishings retailer.
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NewsTesco applies feng shui as it opens Asian retail academy
Tesco has opened a retail academy in South Korea to train its 100,000 staff in Asia – a sign of the increasing importance of the region to the retail giant.
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NewsWeekly sales fall at John Lewis
Sales at department store chain John Lewis tumbled 3.4% last week but the year-on-year comparison was muddied by the timing of its Sale.
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NewsPets at Home profits rise as spending on pets holds up
Chief executive Davies cautious despite 10% increase in both sales and EBITDA in year to March.
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NewsSteady profits rise for Jacques Vert
AIM-listed womenswear retailer Jacques Vert managed a 3.1% increase in full-year pre-tax profits to £5.3m despite turbulent trading conditions.
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Hornbach reports sales increase
Home improvement retailer Hornbach said consolidated sales for the first three months of the financial year to May 31 rose 11.1% to E918.1m (£795m). Net income for the period rocketed by 30.6%. Sales at the 92 DIY stores in Germany grew by 10.7% overall, and by 7.7% on a like-for-like ...
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NewsTechnology products key as HMV sets sights on recovery
Analysts remained bearish on HMV after the entertainment group revealed full-year profits had slumped and set out recovery plans
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Tengelmann Group to withdraw from US
Germany-based Tengelmann Group is apparently looking to withdraw from the US after 32 years of operation by selling its stake in bankrupt grocer A&P.Tengelmann joint chief executive Christian Haub said: “From today’s point of view, it seems rather unlikely that we will continue to hold a stake in A&P.”Tengelmann is ...
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NewsMy-Wardrobe targets the Middle East
Luxury fashion etailer My-Wardrobe is aiming to “double or treble” sales in the Middle East region in next 12 months as it ramps up its marketing.
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NewsHomebase interested in failed Moben and Dolphin
Homebase is mulling acquiring some of the Homeform brands that collapsed into administration on Wednesday.
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Coop Italia reports gross sales growth
Italian market leader Coop Italia has reported gross sales grew by 1.1% to E12.9bn (£11bn) in 2010, while its operating margin grew 0.7%.The retailer opened 37 stores which led the network to 1,444 stores in total. Coop’s private labels generated sales of E2.7bn (£2.3bn), a share of 25% of the ...
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NewsIn focus: French Connection
French Connection is restructuring and Retail Week Knowledge Bank’s profile update analyses its progress.
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NewsEnd of an era at Clinton
Troubled retailer mulls appointing outsider as managing director after decades of being family run
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NewsRetail climbs but fails to match the market
Food and general retailers alike climbed over the week but failed to match the rise clocked up by the market overall.
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NewsMorrisons to open first of c-store chain
Grocer Morrisons is due to open the first of a chain of convenience stores in the affluent Yorkshire town of Ilkley today.
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Carrefour to increase private labels
Carrefour chief executive Lars Olofsson has confirmed that he wants its private labels in France to account for 40% of its turnover, up from 25% currently. For this aim, more than 1,500 new products will be launched before the end of the year with the packaging being revamped.Furthermore, consumers will ...
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NewsN Brown grows sales, but margins at risk
N Brown’s margins may slip further as the home shopping group deploys promotions to drive sales, analysts believe.
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NewsWaterstone’s borrows its latest idea
Waterstone’s sales performance has been none too spectacular, but will marketing like this be helping?
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NewsWaitrose boss says that impact of food inflation is being overstated
Waitrose managing director Mark Price has criticised figures released this week claiming that food price inflation soared in June