All News articles – Page 1516
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NewsEbay strikes O2 app deal
EBay has teamed up with O2 owner Telefonica to pre-load the marketplace’s shopping app on its customers’ handsets.
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NewsHMV enjoys sales uplift after last night's Brits
HMV has enjoyed a boost in sales on the back of the Brit Awards last night, with sales of one winner’s album soaring 594% compared with the same day last week.
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NewsSales at Westfield London leap to £870m
Sales at the Westfield London shopping centre in White City reached £870m last year, its owner revealed.
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H&M considers entering Iceland
Sweden-based fashion retailer H&M is rumoured to be looking at entering Iceland, and has viewed potential outlets in the capital Reykjavik. Reykjavik city centre director Jakob Frimann Magnusson said he had spent much time sourcing suitable properties for the fashion chain. However, H&M has denied any fixed plans to establish ...
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Canadian Tire Q4 sales up 2.4% to £1.96bn
Canadian Tire reported sales up 2.4% in the fourth quarter to C$3.1bn (£1.96bn), while net earnings rocketed 88.2% to C$181.1m (£114.6m). Sales at its Canadian Tire Retail division, which comprises mainly company-owned and operated stores, increased 0.5%. Like-for-like sales declined 0.4%. Adjusted earnings before taxes at Canadian Tire Retail soared ...
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Shoppers Drug Mart sales up 3.9% to £6.56bn
Shoppers Drug Mart has reported full-year sales for 2010 of C$10.37bn (£6.56bn), up 3.9%. The retailer’s sales continued to grow in all regions of the country, led by strong gains in Western Canada and Quebec. Its capital investment and store development programme, which resulted in a 6.4% year-on-year rise in ...
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Whole Foods Market Q1 sales up 14% to £1.87bn
Whole Foods Market has reported sales for the first quarter ended January 16 increased 14% to $3bn (£1.87bn), with like-for-likes soaring 9.1%. Operating income, meanwhile, rose 44.1% to $147.6m (£92.1m) during the quarter.The retailer also announced plans to open wellness clubs at five of its US stores. The clubs, which ...
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Walgreens to run campaign promoting private-label
Drugstore operator Walgreens is to run its first national advertising campaign promoting its private-label health and wellness products. The campaign will highlight the quality of its private labels and the customer service provided by its pharmacists, rather than just their affordability. The digital portion of the campaign is the result ...
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Kroger ramps up promotions through MyWebGrocer
Kroger has started to provide shoppers at all its banners with information about promotions and products through MyWebGrocer. With the online tool, consumers can also personalise shopping lists and receive recipes through a computer or smartphone. Tengelmann A&P, Winn-Dixie, Delhaize Food Lion and Shop Rite are also participating in MyWebGrocer.
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Carrefour's Romania sales drop 0.4% to £952m
Carrefour’s sales in Romania fell 0.4% to e1.13bn (£952m) during 2010, and on a like-for-like basis sales decreased 5%. The retailer’s sales are now lower than they were in 2008, when full-year sales came in at e1.19bn (£1bn) - even though the retailer now operates 14 more stores than it ...
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Metro Cash & Carry to expand in India, China and Russia
Metro Cash & Carry chief executive Eckhard Cordes has said that India, along with China and Russia, will be one of the top three markets for the German company in the coming years. Metro plans to open 50 cash and carry stores by 2015 in India, matching the pace of ...
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NewsB&Q to sell Royal Wedding gnomes
B&Q is celebrating the Royal Wedding with the sale of a commemorative pair of gnomes.
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Netto Marken-Discount to streanmline brand assortment
Edeka’s discount chain Netto Marken-Discount is considering streamlining its assortment. The brand range may be cut back in favour of an optimised private-label offer, and B and C brands in particular may be replaced by own-labels. Drugstore and dairy products are expected to be affected the most, while condiments and ...
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NewsSainsbury's chief executive King sells tranche of shares
Sainsbury’s chief executive Justin King yesterday sold 50,000 of his shares in the grocer, the latest disposal by a director in the past month.
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NewsH&M like-for-likes edge up in January
Fashion giant H&M’s group like-for-like sales crept up 1% year-on-year in January.
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NewsBlacks outgoing chief Gillis faces disqualification over Farepak collapse
Nine former board members of failed Christmas hamper business Farepak, including Blacks Leisure chief executive Neil Gillis, are facing disqualification from acting as directors.
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NewsGame to invest £15m in its three year multi-channel strategy
Game is to invest £15m in its three year multi-channel strategy and has secured refinancing from its banks for the period until 2014.
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NewsThorntons to reshape store portfolio after profits fall
Thorntons, the chocolates specialist, is likely to reshape its store portfolio after difficult trading and warned that profits this year will be no higher than last.
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NewsCPI inflation rises to 4%
Consumer prices index (CPI) inflation rose to 4% in January, up from 3.7% in December.