All News articles – Page 1537
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NewsHMV begins staff consultation across group
HMV and Waterstone’s head office staff are in consultation as parent HMV Group strives to make cost savings across the business.
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NewsFortnum & Mason reveals record Christmas
Luxury department store Fortnum & Mason has notched up a record Christmas despite, it said, the snow, tube strikes and student riots in central London.
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NewsPeacocks Group sales and profits soar
Peacocks Group, which operates value chain Peacocks and mature womenswear business Bonmarche, said EBITDA and sales rose across the group last year.
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NewsPhase Eight could be bought by private equity firm
Womenswear chain Phase Eight could be bought by private equity firm Towerbrook Capital for almost £80m, according to reports.
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NewsSuperGroup Christmas sales soar
SuperGroup, the owner of fashion chain Superdry, has revealed a bumper Christmas, with retail sales surging 93.6% to £51.7m.
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NewsRussian oligarch Mamut increases his stake in HMV
Russian oligarch Alexander Mamut has increased his stake in HMV again, to more than 6%.
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NewsTesco explores opening in Vietnam
Tesco is understood to be looking to open in Vietnam, in a move that would extend its empire to 15 countries.
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News£14m windfall for Hobbs
Hobbs has secured £14m of new investment from its private equity backer 3i, and parachuted in turnaround specialist Iain MacRitchie to replace retail veteran Tony Campbell as chairman.
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NewsN Brown like-for-likes grow but cold snap dampens sales
N Brown’s like-for-like sales grew over the Christmas period although the cold snap took its toll on trading.
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NewsShop price inflation rises to 2.1% in December
Shop price inflation rose to 2.1% in December, up from 2% in November, as rising costs pushed prices up.
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NewsSainsbury's reports record Christmas
Sainsbury’s has reported a record Christmas with like-for-like sales excluding petrol up 3.6% for its third quarter in the 14 weeks to January 8.
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NewsSainsbury's emerges Christmas winner, says Kantar
Sainsbury’s has emerged the Christmas winner among the big four grocers as it was the only one to have increased its market share over the festive period, according to Kantar Worldpanel.
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NewsSignet UK sales slump over Christmas
Retail jewellery giant Signet’s UK like-for-likes dropped over Christmas as the snow impacted sales.
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NewsSir Philip Green: Topshop will not pass on VAT hike
Topshop and Topman will not pass the January VAT rise on to customers, Arcadia owner Sir Philip Green has confirmed.
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NewsInditex chairman Amancio Ortega to step down
Amancio Ortega, founder of Spanish fast-fashion group Inditex, which runs the Zara, Massimo Dutti, Bershka and Pull and Bear chains, is to step down from his role as chairman.
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NewsDunelm's Christmas like-for-likes slide
Dunelm Group has reported a like-for-like sales fall of 4.2% in its second quarter over the Christmas period, resulting in a like-for-like dip of 1.2% for its first half.
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NewsTopps Tiles sales up despite snow disruption
Topps Tiles like-for-like sales grew 2.2% in the 13 weeks to January 2.
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NewsRetail sector like-for-likes fell 0.3% in December
The stores sector suffered a like-for-like sales decline of 0.3% during the crucial month of December as snow hit sales.
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NewsMarks & Spencer posts 2.8% Christmas like-for-like sales rise
Retail bellwether Marks & Spencer generated UK like-for-like growth of 2.8% and market share gains over the Christmas period, despite arctic weather conditions.
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NewsTesco to follow customer in services
Tesco’s group strategy director Andrew Higginson says that there are no limits in the services that the retailer might be prepared to move into.