All News articles – Page 1572
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NewsDebenhams sticks to its guns over Christmas promotions
Debenhams will stick to its traditional promotional stance this Christmas, a strategy that it says is misunderstood by some observers.
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NewsGrocers jostle in chase for early festive spend
The grocery giants are making an earlier-than-ever play for Christmas spend and deploying new measures to appeal to shoppers inclined to spread the cost of the festivities.
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NewsSegal: ‘I can’t open in UK’
Crate & Barrel’s legendary founder says rents and lease structures are a barrier to new entrants
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NewsPhase Eight profits leap as changes bring flexibility
Womenswear chain Phase Eight more than doubled profits last year, after increasing its open to buy budget and focusing on refining its customer base.
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NewsBooths to boost sales with new own-brand
Booths, the grocer based in the Northwest of England, has revealed a 1.3% uplift in pre-tax profits to £7.6m as it launches a new own-brand to appeal to customers seeking value.
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NewsRetailers hit by biscuit shortage due to fire at packaging plant
Retailers including Sainsbury’s have been hit by a biscuit shortage because of a fire at a packaging plant that supplies United Biscuits, owner of the McVitie’s and Jacobs brands.
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NewsShake-up for Peacocks as bidders circle
Peacocks has shaken up its management team as private equity houses circle the retailer.
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NewsComet launches loyalty scheme in fierce electricals battleground
Comet has launched its first loyalty scheme as electricals groups slug it out in fiercely competitive conditions.
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NewsToy Retailers Association reveals Christmas dream toys
Buzz Lightyear, a toy puppy that can be taken for walks and an electric guitar are among the toys tipped to be the biggest sellers this Christmas.
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NewsIn Focus: Aldi
The hard discounters have received much coverage following revelation of Aldi’s substantial UK loss in 2009, as signalling the sudden reversal of rapid growth in the recession.
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NewsKaren Millen opens pilot accessories standalone
Fashion retailer Karen Millen yesterday opened a pilot standalone accessories store that will be rolled out to airports and department store concessions if successful.
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NewsCarpetright sales fall 7.3% in ‘difficult’ market
Carpetright disappointed the City with its second-quarter update on Wednesday. The floorcoverings market leader suffered from unsettled consumer confidence and lower mortgage approvals.
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NewsGo Outdoors triples profit to £4.3m and rejigs management
Outdoor specialist Go Outdoors’ pre-tax profits more than tripled from £1.2m to £4.3m in the year to January 3 and the retailer has rejigged management roles.
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NewsFlying Brands sales grow 12% despite setbacks
Home shopping group Flying Brands reported sales from its ongoing business rose 12% to £5.6m in the three months to October 1.
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NewsForever 21 aims for 100 UK stores as it prepares for Bullring launch
US fast-fashion retailer Forever 21 has revealed plans to open more than 100 stores in the UK as it gears up to make its debut in Birmingham’s Bullring shopping centre next month.
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NewsAmazon looks to Kindle as its No.1 Christmas draw
Amazon UK expects its Kindle e-reader to be its best-selling product this Christmas as it continues to focus on value to win festive spend.
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NewsTesco to release Coronation Street album
Tesco is to release an exclusive album to celebrate the 50th anniversary of favourite soap opera Coronation Street.
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Anti-Japan protests close Isetan Mitsukoshi store
Japan-based department store group Isetan Mitsukoshi was forced to suspend operations at its store in Chengdu in Sichuan province in China due to violent anti-Japan protests. As Japanese retail stores may remain targets of protests, it is uncertain whether Isetan Mitsukoshi can implement store opening plans in China. At present, ...
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dm group sales increase 8.8% to £4.73bn
Drugstore operator dm reported gross group sales rose by 8.8% to €5.65bn (£4.73bn) in its 2009 fiscal year. In Germany sales reached €4bn (£3.35bn), growing by 8.7%. Chairman and chief executive Erich Harsch said that dm was aiming for market leadership and that it was going to close the gap ...
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Picard Surgeles acquired by private equity firm
Frozen food retailer Picard Surgeles has been acquired by private equity firm Lion Capital from BC Partners for €1.52bn (£1.27bn). The completion of the deal follows approval by the European regulatory authorities at the beginning of the month. The takeover price included €590m (£494m) in cash, while the remaining funding ...