All News articles – Page 1536
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News
Harvey Norman to expand in Malaysia
Australia-based electronics retailer Harvey Norman is to expand in Malaysia and plans to open 20 stores in the Klang Valley in the next five years.The expansion will cost in the region of MYR100m (£20.9m) as it invests between MYR5m (£1m) and MYR10m (£2.1m) per store in the coming years.
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News
Seven & I revenue increases 0.2% to £29.6bn
Get the knowledgeSubscribers have exclusive access to Retail Week Knowledge Bank. Find out what you’re missing now.Seven & I reported a 0.2% increase in revenues to ¥3,826bn (£29.6bn) for the nine months ending November 30, 2010.The convenience store division showed the best growth, with sales rising by 4.2% and operating ...
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NewsTesco starts selling tyres
Tesco is moving into the car parts trade when it launches a tyre-selling service online next month.
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NewsBomb threat disrupts London's West End
Part of London’s West End was cordoned off this morning after a man broke into the Accessorize store on Regent Street last night and threatened to blow himself up.
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NewsAnthropologie launches footwear in UK
US womenswear and homewares retailer Anthropologie is launching its first footwear department in Europe in its Kings Road store, London.
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NewsFashion brand Oli merges with Freemans
Fashion etailer Oli has merged with online department store Freemans.
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NewsGame like-for-like trend improves over Christmas
Game UK & Ireland like-for-likes have improved over the Christmas period, declining 0.5%.
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News
Thorntons sales melt in cold weather
Thorntons, the specialist chocolatier, reported like-for-like sales down 5.9% in company-owned stores over Christmas as the snow kept shoppers away.
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NewsHalfords retail sales plunge as bike sales slow
Halfords’ retail like-for-like sales plunged by 6.6% over its Christmas trading period as bike sales plummeted and full-year profits will be at the low end of expectations
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NewsJacques Vert festive sales rise 1.9%
Jacques Vert, the womenswear group which includes brands Jacques Vert, Windsmoor, Planet and Precis, delivered a like-for-like sales rise of 1.9% in the 11 weeks to January 8.
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NewsDixons sales suffer as snow takes toll
Electricals market leader Dixons, owner of Currys and PC World, reported a 4% fall in like-for-likes at its core UK business over Christmas.
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NewsSainsbury’s open first sandwich shop
Sainsbury’s has opened its first sandwich shop this morning in Fleet Street, nearby to its Holborn head office.
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NewsCo-op sales hit by bad weather
The Co-operative Group has reported like-for-like sales fell 3.2% in its food division for its fourth quarter, saying the weather took its toll on footfall and spending patterns.
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NewsTesco reports modest Christmas growth
Tesco has reported modest growth over Christmas with UK like-for-like sales for the six weeks to January 8 up 0.6%, saying it was “hindered” by the snow.
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NewsNew Look sales plunge at Christmas
Fashion retailer New Look suffered a 9.1% plunge in like-for-likes at its core UK business during the peak Christmas period, when group sales slid UK 3.4%.
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NewsArgos-owner Home Retail reports better than expected Christmas
Argos-owner Home Retail Group took a sales hit of between £20m and £30m hit over Christmas because of the snow but full-year profits are likely to be better than feared.
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NewsRetailers protest against Scottish rate hike
Major retailers across Scotland including Tesco, Marks & Spencer and John Lewis have protested against the Scottish Government’s proposed business rate hike for large retail stores which they warn will jeopardise job growth.
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NewsSelfridges' Anne Pitcher promoted to managing director
Selfridges has promoted buying and merchandising director Anne Pitcher to managing director of the iconic department store chain.
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NewsDreams founder Mike Clare sets up new furniture venture
Entrepreneur Mike Clare, who founded beds giant Dreams, has set up a new mid-to-high-end furniture retailer.
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NewsAsda sells 39 Netto stores as part of OFT disposal deal
Asda has sold 39 out of the 47 Netto stores it had to dispose of as part of its £778m acquisition in summer last year.