All News articles – Page 1579
-
NewsLacklustre sales fail to dent general stores
General stores rose over the week versus the All-share index, even edging up on Tuesday when the latest BRC sales data showed a lacklustre performance.
-
NewsHomeform chief sets out his three-year plan
Kitchens, bedrooms and bathrooms specialist Homeform’s new chief executive has laid out a three-year plan to increase profits and enable an exit for owner Sun European Partners.
-
NewsM&S urges caution despite increase in sales
Marks & Spencer beat second-quarter sales expectations but chief executive Marc Bolland remained cautious about prospects. Despite Bolland’s wariness, and a rise in costs such as marketing, analysts upgraded their forecasts ahead of a strategic update next month.
-
NewsFormer Russell & Bromley chairman dies
Peter Bromley, former chairman of premium footwear retailer Russell & Bromley, has died of lung cancer at the age of 68.
-
NewsMarina Gulf prepares to take UK bow
Dubai-based furniture and homewares retailer Marina Gulf is gearing up to make its UK debut as it eyes high-profile locations in London ahead of a planned opening next summer.
-
NewsKingfisher’s rising star to join the board of B&Q
B&Q has hired one of parent company Kingfisher’s rising stars as commercial director on its board.
-
NewsConran Shop in talks to open US concessions in Bloomingdales
Furniture retailer Conran Shop is in talks with Bloomingdales that could result in the British retailer opening concessions in the famous US department store group.
-
NewsEmerging technology will be Christmas best-seller
John Lewis has said emerging technology will be a hit this Christmas, alongside quality heritage products.
-
NewsLandlords join retailers in business rates battle
Retail landlords have lent their voice to the campaign against next year’s rise in business rates, warning that a disproportionate increase will endanger the economic recovery.
-
NewsIn Focus: Holland & Barrett
Name a leading food retailer with healthy double digit margins? There’s a clue in the question.
-
NewsTed Baker profits boosted as customers smarten up
Strong sales of formalwear at Ted Baker helped to drive a 25% increase in first-half profits as customers looked for smarter product during the downturn.
-
NewsChristmas comes early for Argos with three-for-two toy promotion
Catalogue store group Argos shifted 2 million units during its three-for-two toy promotion a fortnight ago, staged to make an early play for Christmas sales.
-
NewsFenchurch appoints retail manager
Urban clothing retailer Fenchurch has appointed Gap’s Alexis Potter as its first retail manager, as it embarks on a European store expansion.
-
NewsWHSmith and Dixons join forces for ebook download app deal
Bookseller WHSmith has struck a deal with Dixons to embed an ebook download app on e-readers and tablet devices sold by the electricals group.
-
NewsN Brown on the acquisition trail after strong start to year
Home Shopping group N Brown is eyeing further acquisitions to drive growth as it revealed a strong first half.
-
NewsHalfords set to cut space as web sales accelerate
Retailer to cut space by at least 15% as online allows it to downsize its portfolio.
-
News
Seven & I Holdings profits rise 91% in Q2
Convenience store owner Seven & I Holdings reported net profit rose 91% in the second quarter ended August 31 compared with the previous year, thanks to the strong performance of its convenience stores and the unusually hot summer. The company reported a net profit of ¥38.13bn (£292m) compared with a ...
-
News
Fast Retailing expects profits to fall next year as global competition toughens
Fast Retailing expects its profits to fall next year as global competition toughens. The Japanese company said it expected operating profit to fall 14.3% to ¥113.5bn (£869m) for the year to August 2011, despite managing a 21.9% increase in operating profit in the year to August 2010. The company said ...
-
News
South Korea parliament considers limits on supermarket business
The country’s parliament is considering two bills that would impose restrictions on the opening and business of large supermarkets. Under one bill, currently passing through parliament, opening an urban supermarket with an area of between 10,760 sq ft and 32,290 sq ft would require permission from the local government. ...
-
News
Costco annual sales hit £47.78bn
Grocery retailer Costco has reported net sales hit $76.25bn (£47.78bn) for the full year ended August 29, up 9% on the previous year. Like-for-like sales rose 4%, with the US up 2% and international up 8%. Costco currently operates 573 warehouse clubs, including 417 in the US and Puerto Rico, ...