All News articles – Page 1557
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NewsHomewares and cooking bestsellers this Christmas at Hub
Variety store group Hub expects homewares and cooking to be bestsellers this Christmas.
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NewsRetail bears up as FTSE slides on Irish bailout
Stores of all types were down over the week but a little less than the market as a whole, which took fright at the emergency bailout of Ireland.
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NewsAsos selects best boutiques for launch of Marketplace venture
Asos launched its Marketplace website on Tuesday, and said the venture has little in common with similar offerings such as eBay’s.
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NewsTesco Asia trip shows grocer is realising global rewards
Analysts believe Tesco is “beginning to enjoy the benefits of its global scale” after the grocer ran an investor trip to Asia this week.
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NewsBiba founder range for George at Asda went on sale online on Monday
Biba founder Barbara Hulanicki’s range for George at Asda went on sale online on Monday and an animal-print bow dress (pictured) was among the best-sellers.
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NewsHalfords puts acquisitions on hold to make core business top priority
Halfords has put potential acquisitions on the back burner as it focuses on the core business.
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NewsRetail sales rise in November
Year-on-year retail sales were higher in November for the fifth consecutive month according to the CBI’s Distributive Trades survey.
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NewsRetailers offer free Christmas delivery day
A raft of retailers including John Lewis, House of Fraser and Oasis are launching a free delivery day for Christmas shoppers.
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NewsTesco predicts biggest ever Christmas
Tesco is predicting its biggest ever Christmas this year, backed by extended opening hours, expanded ranges and more services on offer.
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NewsJohn Lewis mid-week sales up 12%
John Lewis has reported sales up 12% from Sunday to Wednesday this week, with trade strong across its sectors.
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Abercrombie & Fitch to open a flagship store in Dublin city centre
Fashion retailer Abercrombie & Fitch may open a flagship store in Dublin city centre, according to Irish newspaper The Herald. The news follows the recent announcement that the retailer is planning to open a Hollister store in Dublin’s Dundrum Centre. It is understood that Abercrombie & Fitch is in advanced ...
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Metro profit rises 10.6% to #7bn
Grocery retailer Metro recorded a 10.6% increase in net earnings for the year ended September 25, on sales up 1.3% to CAD11.34bn (£7bn). Net earnings reached CAD392m (£241m) versus CAD354.4m (£218m) last year.During the fourth quarter earnings climbed to CAD93.4m (£57.5m) from CAD84.4m (£52m) a year ago, on sales up ...
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Loblaw like-for-like sales drop after acquisition
Grocer Loblaw has reported sales of CAD9.6bn (£5.9bn) in the 16 weeks ended October 9, up from CAD9.5bn (£5.95bn) in the previous year, helped by the acquisition of Asian supermarket chain T&T.Like-for-like sales declined 0.4%. Gross profit increased by CAD152m (£94m), or 7%, to CAD2.3bn (£1.4bn) in the third quarter. ...
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Target Q3 sales up 3% to £9.5bn
Discount superstore operator Target has reported its financial results for the third quarter ended October 30. Retail sales increased 3% to $15.2bn (£9.5bn), from $14.8bn (£9.2bn) in 2009, due to a 1.6% increase in like-for-like sales combined with the contribution from new stores. EBIT for the retail segment came in ...
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Sears Holdings records £136m loss
Department store retailer Sears Holdings recorded a loss of $218m (£136m) for the three months ended October 30, from $127m (£80m) during the prior-year period. Sales declined 4.9% to $9.7bn (£6bn), primarily as a result of a 4.8% decrease in domestic like-for-like sales.The retailer said that results were hurt by ...
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NewsB&Q gives customers January Sale "sneak preview" this weekend
B&Q is going on Sale this weekend as it gives customers a “sneak preview” of its January Sale.
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Falabella Q3 profit rockets 236.8%
Falabella has reported net profit of CLP81.9bn (£102m) for its third quarter, 236.8% above the figure for the same period last year.Revenues for the period rose by 21.6% to CLP1.08trn (£1.3bn). The company opened five supermarkets during the period, one in Chile and four in Peru. In Peru Falabella also ...
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Carrefour considers Dia sale
Carrefour is reportedly considering the sale of its discount business Dia. According to reports the retailer has entrusted French bank BNP Paribas with a “strategic audit” of its discount business worldwide. A member of the retailer’s executive committee was quoted as saying: “The sale of Dia had already been considered ...
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X5 Retail Group launches provincial format under Pyaterochka-Maxi
X5 Retail Group has launched a new small town/provincial format operating under the Pyaterochka-Maxi banner in its domestic market. The first store opened at the Avtobus shopping centre in Syzran, in the Samara region.Pyaterochka-Maxi is a superstore-sized warehouse club with a sales area of 38,000 sq ft. It offers 7,000 ...