All News articles – Page 1494
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NewsUK remains tough for Mothercare, but international strong
Mothercare’s like-for-like sales in the UK slipped in its fourth quarter, but the performance of its international business remained strong.
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NewsWilkinson trials contactless payment
Variety chain Wilkinson is to trial contactless payments across 25 stores, ahead of a potentialroll-out of the technology across its 350 stores.
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NewsTesco forced to cap PriceCheck refunds
Tesco has shrugged off initial teething problems with its new PriceCheck guarantee and said it remains committed to the promotion, despite having to cap refunds after some shoppers were making claims of more than £100.
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NewsBimba & Lola hunts for London store
Spanish fashion retailer Bimba & Lola is eyeing high-profile London locations for its first UK store.
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NewsBlackwell’s on track for profit by 2013
Blackwell’s, the academic bookseller, aims to return to profitability by 2013, and has halved annual losses and launched a text-book rental service.
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NewsPhones 4U to double store openings in 2011
Phones 4U is ramping up its store expansion programme under its new owners to take advantage of customers who prefer to buy phones in shops rather than online.
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NewsAll Saints Lebanese deal off: new suitors in the wings
All Saints’ sale deal with M1, a Beirut-based business co-founded by the likely next Lebanese Prime Minister, has collapsed. However US investment firms Goode Partners and MSD Capital are understood to have stepped up their interest in buying the young fashion chain.
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NewsSignet UK like-for-likes fall 1.4% in 2010 as tough trading continues
Signet UK like-for-likes dropped 1.4% in its year ending January 29 as tough trading continues in 2011.
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NewsRetail sales growth picks up but underlying trend remains subdued
Retail sales growth picked up in March but the underlying trend remains subdued, according to the CBI.
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NewsMoss Bros narrows pre-tax losses
Menswear group Moss Bros narrowed its pre-tax losses from £3.9m to £2.7m in the year to January 29, as like-for-likes moved into positive territory.
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NewsThe Co-op profits soar despite like-for-like dip
The Co-operative Group’s food business operating profits soared 33.3% in 2010 despite a 2.5% drop in like-for-likes which it blamed on disruption from the Somerfield integration.
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NewsGame staff bought up Tesco stocks of Nintendo 3DS
Game told its store staff to buy up Nintendo 3DS consoles from Tesco as it aimed to keep a steady supply in stores.
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NewsTopps Tiles like-for-likes up 1.8% in first half
Topps Tiles expects like-for-likes to have increased by about 1.8% in the 26 weeks to April 2.
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NewsDFS half year EBITDA flat as sales rise 1%
Sofa giant DFS adjusted EBITDA remained flat at £41.2m in the 26 weeks to January 29.
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NewsDixons warns on profits after dire trading
Electricals market leader Dixons has issued a profits warning and detailed an emergency plan to put the business on track after dire trading.
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NewsMoodys downgrades Matalan on margin fears
Credit ratings agency Moodys has downgraded its ratings on value fashion group Matalan.
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NewsFlintoff fronts Morrison’s ‘Let’s Celebrate’ ad campaign
Morrison’s has launched a new ad campaign on the ‘Let’s Celebrate’ theme, designed to key into the wave of upcoming red letter days and bank holidays.
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NewsOfficers Club in administration
The rising cost of raw materials has forced discount menswear chain Officers Club into administration, but young fashion chain Blue Inc has saved half of its stores.
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NewsPromotions driving grocery spend, Nielsen reports
Record levels of promotions are expected to drive grocers’ Mothers’ Day and Easter performance but shoppers will then once again rein in spending, according to market data company Nielsen.
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NewsDiscounters the winners as grocery growth slows sharply
Grocery sales growth has slowed sharply in the past month according to the latest market share figures from Kantar Worldpanel.