All News articles – Page 1528
-
News
Blockbuster gets deadline extension for bankruptcy reorganisation plan
Blockbuster has received an additional three weeks from its lenders to file a bankruptcy reorganisation plan. The company received an extension to February 4 from January 14 to file a plan, a regulatory filing shows. It is common for debtors to seek such extensions and US bankruptcy courts routinely grant ...
-
News
Jerónimo Martins to open neigbourhood store chain
Portuguese retailer Jerónimo Martins is planning to open a new chain of small franchised neigbourhood stores over the coming months. The retailer will open two wholly owned stores under the new banner and will then work towards its expansion under a franchising scheme. The new business model will be developed ...
-
News
Migros records £16.35bn in net sales
Supermarket chain Migros has reported preliminary group net sales of CHF25.03bn (£16.35bn) for 2010, representing a slight increase of 0.3% compared with 2009.Lower prices of Migros’ products, alongside a currency-related decline in sales in the travel business, affected Migros Group’s sales during the year. The retail segment of the group ...
-
News
Toom Baumarkt and Hellweg Profi-Baumärkte to establish new buying group
Rewe Group’s DIY arm Toom Baumarkt and DIY retailer Hellweg Profi-Baumärkte have established a new buying group, subject to the approval of the Federal Cartel Authority. It is called DIY Union and will have a sales volume of about E3bn (£2.6bn) at its disposal.
-
NewsTesco to open new DC for dotcom and Express
Tesco is to open a new distribution centre later this year to service its dotcom and Express businesses.
-
NewsJD Sports Fashion buys Irish chain Champion
JD Sports Fashion has bought Irish sports fashion retailer Champion.
-
News
Wolverhampton shopping centre plans to be scrapped
Plans to build a £300m shopping centre in Wolverhampton look likely to be scrapped after a report for the council found that the financial risks of investing public money in the scheme are too great.
-
NewsDRL increases SEO on customer reviews
Appliance etailer DRL has increased conversions on its site after revealing the content of its customer reviews to search engines.
-
NewsStaffing changes hit Games Workshop
Staff cuts hit first-half sales and profits at wargames specialist Games Workshop and the retailer is now determined to improve customer service.
-
NewsMatalan festive like-for-likes slump 4.5%
Value retailer Matalan said like-for-like sales slid over Christmas after its stores were cut off by the snow in December.
-
NewsFoyles to open first shop outside London in 70 years
Bookseller Foyles is to open its first shop outside London for 70 years, in Bristol’s Cabot Circus.
-
NewsSignet restructures its marketing team
Jewellery giant Signet has restructured its marketing department to focus on individual brands.
-
NewsLondon, Glasgow and Manchester best for town centre shopping
London, Glasgow, and Manchester offer the best town centre shopping experience, according to research from retail consultancy Verdict.
-
News
Over 900 delegates confirmed for Retail Week Conference
Now in its 20th Anniversary year, Retail Week Conference 2011 brings together an outstanding line-up of retail leaders and industry experts.
-
NewsFood prices will continue to rise, warn scientists
Food prices will soar 50% over the next 40 years because of supply shortages, according to scientists.
-
NewsThe Co-op launches new food range
The Co-operative has introduced a new product range to reflect the British seasons.
-
NewsChanges expected at Marks & Spencer's clothing arm
Marks & Spencer boss Marc Bolland is preparing for the next phase of the retailer’s reorganisation, when his focus is likely to be on the clothing division.
-
NewsOcado shares rise amid bid speculation
Online grocery giant Ocado’s shares have been driven higher than ever by a mixture of takeover and stake-building speculation.
-
News
Woolworths sales increase 9.8%
Food and clothing retailer Woolworths has announced that preliminary group sales increased 9.8% year on year for the 26 weeks to December 26.This compares with sector growth of 5.9% during the same period. Clothing sales grew by 11.5%, 2.3 percentage points higher than the average in comparable stores (9.2%).The retailer ...