All News articles – Page 1481
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NewsJoJo Maman Bébé sells stake to Tom Singh backed private equity
Maternity retailer JoJo Maman Bébé has sold a minority stake in its business to private equity investors backed by New Look founder Tom Singh.
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NewsThorntons warns on profits
Thorntons’ own store sales like-for-likes fell 12.6% in its third quarter and the chocolatier warned on profits.
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NewsMonsoon returns to ethnic roots with store revamp
Monsoon aims to get back to its ethnic-inspired roots with the unveiling of its revamped flagship store on London’s Oxford Street.
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NewsTesco shares down but brokers confident
Grocery and general merchandise giant Tesco edged down as the market digested the first set of results delivered by new boss Phil Clarke.
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NewsMusgrave profits up 3%
Symbol group Musgrave has reported profits up 3% in its full year results, but sales down slightly.
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NewsTesco ditches its 'double the difference' online price promise
Tesco has ditched its double the difference price promise from its online price checker blaming a “cottage industry” of determined shoppers who have exploited the system.
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NewsEBay's global sales soar in Q1 as fashion drives UK sales
EBay’s global sales soared 16% in its first quarter with fashion driving sales in the UK.
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NewsConsumer confidence falls to 'worrying' level in April
Consumer confidence fell sharply this month, making the chances of a double dip recession “increasingly real”, according to the GfK NOP.
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NewsJohn Lewis sales up 7.6%, Waitrose up 24.4%
The John Lewis department store chain reported sales up 7.6% in the week to April 23 and sister grocer Waitrose reported a bumper uplift of 24.4% as the UK baked in the Easter sunshine.
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NewsAlexon returns to profit
Fashion group Alexon has returned to full-year profitability and named David Adams chairman.
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NewsShop Direct sets sights on overseas expansion
Etail giant Shop Direct is plotting international expansion for its Very and Isme brands, and is to grow its Littlewoods brand outside Europe.
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St James' in London to be transformed into 'eclectic shopping destination'
London’s upmarket St James’ area is to be given a makeover as part of landlord Crown Estate’s £500m regeneration programme to transform it into an “eclectic shopping destination”.
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NewsSports Direct stock rises despite tough trading
City confidence that Sports Direct will achieving its £215m EBITDA target in 2012 rose following a 7.3% jump in gross profits despite tough trading conditions.
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NewsStaff cuts planned despite rise in retail employment
Retail employment edged up 0.5% in the first quarter of 2011 - the equivalent of 3,400 more full-time jobs - but almost one third of retailers expect to cut staffing levels in the current quarter.
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NewsRetailers urged to respond to Red Tape Challenge
More retailers are being urged to respond to the Government’s initiative to scrap unnecessary regulations.
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NewsRoyal wedding celebrations cause mixed trade for retail
Wedding gives boost in sales in run-up to April 29 but drop in footfall is predicted on the big day.
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NewsTesco to rein in category growth with home focus
Tesco group chief executive Phil Clarke has signalled that the retailer’s non-food, non-fashion offer will focus on product for the home and garden rather than further experimentation with items such as gold and cars.
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Ideal snapped up as TV shopping catches on
Home shopping group Ideal Shopping Direct is to be sold to private equity firm Inflexion as interest in TV shopping channels increases.
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NewsTesco’s candour impresses City
The City was impressed with Tesco chief executive Phil Clarke last week when he delivered his first full-year results, although sales slipped slightly by 1.28% on the day.
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NewsPeacocks calls on Leighton
Former Asda chief executive Allan Leighton in frame to become chairman of value fashion group.