All News articles – Page 1538
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NewsAurora to outsource distribution and IT functions
Aurora Fashions, the group comprising womenswear chains Oasis, Coast, Karen Millen and Warehouse, is to outsource its distribution and IT functions.
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NewsTesco China boss Ken Towle to move back to UK to head online
Tesco China chief executive Ken Towle is to return to the UK to take over the online operation under the newly-created role of director of internet retailing.
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NewsKingfisher launches tender offer for £100m of notes
International DIY group Kingfisher is to cut debt and improve its return on cash by purchasing up to £100m of loan notes from holders.
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NewsOFT called upon to block Tesco takeover of Mills
Convenience retail trade body the ACS has called on the OFT to stop the takeover of Mills Group by Tesco’s c-store business One Stop.
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NewsSir Philip Green to 'double' Topshop sales
Arcadia boss Sir Philip Green is aiming to double sales at Topshop within the next five years, through an ambitious programme of international expansion at the young fashion chain.
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NewsHouse of Fraser enjoys record Christmas
House of Fraser has posted a record Christmas with like-for-like sales increasing 8.5% in the five weeks to January 8, despite last month’s snow.
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NewsDebenhams like-for-likes slow, market share up
Debenhams has revealed that like-for-like sales at the department store chain were impacted by the snow in December but added that it had notched up market share gains across the board.
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NewsShop Direct Christmas sales up 5%
Online giant Shop Direct notched up a 5% increase in total sales, excluding VAT, for the six weeks to December 31.
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NewsAndy Bond named chairman of Republic
Former Asda chairman and chief executive Andy bond has been named chairman of private equity-backed fashion retailer Republic.
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NewsOcado Christmas sales up 26.7%
Ocado has reported gross sales up 26.7% to £50.9m in the four weeks to December 26, with gross sales of £12.3m, up 43.5%, in Christmas week itself.
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NewsMorrisons Christmas like-for-likes up 1%
Morrisons has reported like-for-like sales up 1% in the six weeks to January 2, saying it served an average of two million more customers each week over the Christmas period than five years ago.
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NewsSainsbury's emerges Christmas winner, according to Nielsen
Sainsbury’s has emerged the Christmas winner out of the big four grocers according to market research company Nielsen.
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NewsStore chiefs to attend Cameron jobs summit
Top retailers are expected to attend a jobs summit to be held by Prime Minister David Cameron on Monday and designed to shift the agenda away from cuts to economic recovery.
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NewsBrightHouse reveals strong Christmas and remains confident for 2011
Rent to own electricals and furniture retailer BrightHouse has revealed a strong Christmas trading period and feels confident of sustaining “robust” growth in 2011.
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NewsTesco unveils UK board appointments
Tesco has made a raft of appointments in its newly-created UK board, under UK chief executive Richard Brasher.
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NewsPawnbroker H&T lifts profit guidance
Pawnbroker H&T expects to beat City profit forecasts for the year just ended as a result of the rising price of gold and record lending to customers.
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NewsJD Sports' profits to beat expectations after strong Christmas
Fashion group JD Sports will make higher full-year profits than expected after Christmas trading beat expectations.
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NewsA tough start to the year for retail shares
General retail stocks began the year in deep freeze as the reporting season got under way.
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NewsRyman sales and profits rise despite ‘tough year’
Stationery specialist Ryman generated sales and profits growth last year but cautioned 2011 will be challenging.
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NewsStore chiefs warn interest rate hike would rock retail
Keeping interest rates low is vital for the retail industry this year, says Next boss