All News articles – Page 1496
-
NewsUpdated: Alliance Boots boss Andy Hornby to step down from business
Updated: Alliance Boots group chief executive Andy Hornby is to step down from the business, Retail Week has learned.
-
NewsUpdated: TJ Hughes sold to management backed by Endless
Updated: TJ Hughes, the discount department store chain, has been acquired by its management backed by restructuring specialist Endless, in a move revealed by Retail Week.
-
NewsJohn Lewis sales rise 1.4%
John Lewis department store sales were up 1.4% last week, though sales dropped off on Saturday as would-be shoppers chose to enjoy the sunshine.
-
NewsHMV confirms it is mulling sale of Waterstone's and Canada business
HMV has confirmed it is mulling the sale of Waterstone’s as well as its Canadian business as part of its turnaround strategy.
-
NewsHigher income shoppers will keep spending
Marks & Spencer, Kingfisher and Dixons will benefit this year from their older, higher income customer bases, according to broker Espirito Santo.
-
NewsFormer Tesco director joins Ocado to head non-food
Ocado has poached a Tesco director to lead its new general merchandise team as it drives to diversify its offer.
-
News
Lidl relying on exclusive manufacturer contracts and own production facilities for private-label
Schwarz Group’s discounter Lidl is increasingly relying on exclusive manufacturer contracts and own production facilities for its private-label products.Lidl is building two more plants for waters and soft drinks in Germany, in addition to its existing four Mitteldeutsche Erfrischungsgetränke GmbH & Co KG factories, bought by Lidl five years ago.
-
NewsSainsbury’s King warns slump in consumer confidence will persist
Sainsbury’s chief executive Justin King has signalled that consumer sentiment has collapsed since the beginning of the year and shows no signs of improvement.
-
News‘Minimal closures’ in Gap’s UK portfolio
Gap has said its international arm, which includes the UK, will continue to be a key driver of the fashion giant’s growth despite a handful of store closures.
-
News
Walmart chief for the US William Simon confident of reversing the fortunes of the retailer
Walmart chief for the US William Simon said he was confident of reversing the fortunes of the retailer after seven consecutive quarters of domestic sales declines at stores open at least a year.Part of his strategy includes returning to the Everyday Low Prices formula, after it veered to discounting. He ...
-
NewsRetailers weigh up impact of Channel Islands VAT changes
Chancellor hopes tackling Low Value Consignment Relief will help struggling entertainment stores
-
NewsIn Focus: Cath Kidston
Cath Kidston is the fastest growing retailer Retail Week Knowledge Bank (RWKB) has recently encountered.
-
NewsVision Express hires chief to build brand
Optical specialist Vision Express has hired former Greene King and Sainsbury’s director Jonathan Lawson as its new chief executive.
-
NewsBurberry to boost brand with ‘statement stores’
High-profile London stores designed to dazzle shoppers and mark British heritage.
-
NewsBoden launches social network to boost loyalty
Catalogue and online retailer Boden has launched its own social network to help customers engage with the brand and drive loyalty.
-
News
Dissident Publix shareholders launch campaign to replace grocer's board
A group of dissident Publix shareholders has launched a campaign to elect its own slate of nine directors to replace the existing grocer’s board, which is made up of five heirs and relatives of the chain’s founder, George Jenkins. The group is also pushing for the retailer to launch an ...
-
NewsStore share prices hold up as updates begin
Food giant Sainsbury’s was among a raft of big names to report over the week, when general retailers held their own against the market.
-
NewsTesco's price checker backfires
Tesco has been forced to issue of flood of refunds after its efforts to go head-to-head with Asda’s price guarantee have backfired.
-
NewsNew Look to switch focus back to product
Fashion group New Look will refocus on product under new leadership following the ousting of chief executive Carl McPhail.
-
NewsCity awaits ‘key update’ from Asos
Etailer Asos’s next update, covering the fourth quarter and expected to be issued in mid-April, will be eagerly devoured by investors.