All News articles – Page 1502
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NewsArchie Norman: Healthy businesses should close stores
Retailers should look to close around four stores per year even when sales are healthy, former Asda CEO told Retail Week delegates. “In healthy times retailers don’t close stores they accumulate the walking dead,” he said.
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NewsFormer Best Buy director says don’t hold back on international expansion
Former Best Buy international director Bob Willett has encouraged retailers to keep international on their agenda.
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NewsJJB bolstered by landlord Peel's backing
One of JJB’s largest landlords Peel Holdings has bolstered the struggling retailer’s survival plans by backing its CVA proposal.
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NewsSainsbury's says helping customers gets it through the downturn
Sainsbury’s says finding ways to help customers is a big theme for the company during the economic downturn, as it uses its insight from data and interviews to find ways to assist people.
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NewsMorrisons’ Pennycook: Retail innovation critical to survival
Innovation will be crucial if retailers are to thrive in tough times, Morrisons’ FD Richard Pennycook told delegates at the Retail Week Conference.
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NewsFocusing on core proposition critical to survival
Clarity on what your business means to customers has never been more important, Retail Week conference delegates heard.
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NewsRetailers need to be creative to succeed on Facebook
Retailers need to be creative and work out how to use information on Facebook to make the network work for them, Facebook’s head of mid-market sales for EMEA said.
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NewsDouble dip unlikely says retailer panel
The chief executives of Debenhams, New Look and Kingfisher have all predicted that the UK will not suffer from a double dip recession.
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NewsTesco UK boss Brasher: 'averages don't work'
Tesco UK chief executive Richard Brasher has warned against grouping consumers together and assuming they will react in the same way in response to the tough economic times.
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NewsBoots boss Hornby: Customer service critical to save high street
A double dip recession looks unlikely, but colleague and customer engagement will be critical if retailers are to maintain high street spend, delegates at the Retail Week Conference heard.
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NewsFrench Connection UK retail arm slips in to the red
French Connection has notched up a full-year loss at its UK and European retail division and warned that margins are under pressure from rising input costs.
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NewsBenetton profits dip
Benetton, the Italian-based fashion label, said profits for the full-year to December 31, 2010 was down on 2009 figures, largely due to rising raw material costs.
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NewsAllied Carpets sold by Hilco
Allied Carpets has been sold by restructuring firm Hilco to a consortium of private investors.
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NewsUp to 90% of purchases influenced by online research, says report
Up to 90% of store purchases are now influenced by online research, according to a new report.
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NewsNew Look to feature in Channel 4 show
High street fashion chain New Look is to appear in the first product placement and advertiser-funded programme (AFP) on Channel 4.
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NewsLuxury retailers' stocks tumble as quake takes toll
Luxury retailers’ stocks have tumbled in the wake of the Japanese earthquake and tsunami with brands including Burberry hit hard.
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NewsNext drops womenswear prices by 7% says analyst
Fashion chain Next has dropped the price of its current season womenswear by 7%, according to Credit Suisse, flying in the face of many retailers’ decision to up prices in line with cost price inflation.
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NewsGrocers back Government healthy living pledge
The UK’s seven largest food retailers have signed up to a Government-backed pledge to encourage consumers to make healthier choices.
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NewsJJB unveils £65m new business plan
JJB Sports has reported like-for-likes fell 13.5% from January 24 to March 13 as it issues its revised business plan and proposed financial arrangements.
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NewsDebenhams first half profit to be ahead of last year
Department store group Debenhams said it expects pretax profit for its first half to be ahead of last year and in line with management expectations but it remains cautious on the outlook.