All News articles – Page 1581
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NewsConsumer confidence slumps in September
Consumer confidence plummeted in September by nine points and is now at its lowest level for over a year.
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NewsRecord levels of promotions fail to lift grocery sales
Grocers sold a record amount of goods on promotion in the four weeks to October 2 as supermarkets bring forward deals on Christmas-related products.
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NewsShoppers crave the good life
Most British shoppers are more attracted to ideas like self-sufficiency and achieving a zero-waste household than using modern technology to help them shop and live their lives in the future, according to new research.
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NewsSainsbury’s Justin King says retail faces skills shortage
The food industry is lacking in many of the technical and specialist skills that are required in retail, according to Sainsbury’s chief executive Justin King.
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NewsAsda market share dips for 10th consecutive period
Asda’s share of the grocery market has dipped for the 10th consecutive report, with sales growth lagging behind the other major grocery retailers.
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NewsConsumer price inflation remains at 3.1% in September
Consumer price inflation (CPI) was static in September remaining at 3.1%, according to the Office of National Statistics (ONS).
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NewsSainsbury's avoids courts with packaging pledge
Sainsbury’s has avoided being taken to court for using excessive packaging after voluntary reducing the amount of waste.
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NewsGap apologises and scraps new logo after uproar
Gap has done a rapid about face and said that it would revert to its traditional blue box logo after a disastrous reaction to a new logo unveiled in America last week.
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NewsN Brown first half profits up 5.5%
Home shopping retailer N Brown has revealed that its adjusted pre tax profit grew 5.5% to £44.1m in the six months to August 28.
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NewsOcado confirms plans for second warehouse
Ocado has confirmed plans to open a second distribution centre, signing a deal for a 350,000 sq ft warehouse in the Midlands.
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NewsSales growth slows in September
UK retail like-for-likes grew just 0.5% in September, marking the sixth month of low growth according to the BRC-KPMG Retail Sales Monitor.
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NewsRetail administrations slow
The rate of businesses going into administration has slowed to levels not seen since before the economic downturn, with the retail sector showing the “most pronounced drop”.
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NewsNet-a-Porter snaps up Koodos.com
Luxury etailer Net-a-Porter has acquired the assets of discount fashion etailer Koodos.com which has been put in to administration.
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Green light for Silverburn shopping centre extension
Silverburn, the Glasgow shopping centre, is to be extended by 7,728 sq m after owner Hammerson won planning permission for the development from the city council.
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NewsWickes like-for-likes rise 0.6% in third quarter
DIY chain Wickes like-for-likes grew 0.6% in the 13 weeks to October 2.
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NewsAsda rolls out pre-owned games offer
Asda is launching a computer games exchange in 235 stores after successfully trialling the scheme in five branches.
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NewsRalph Lauren to open first Rugby store in UK
Ralph Lauren will open its first Rugby store in the UK in Covent Garden.
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NewsAmerican Apparel appeases lender with key management hiring
Beleaguered US fashion chain American Apparel has hired Blockbuster executive Tom Casey as acting president, in line with a pledge to lender Lion Capital to secure key management talent.
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NewsProfits climb at Kurt Geiger
Towering heels, celebrity endorsements and midnight shopping helped footwear retailer Kurt Geiger to grow operating profits 21% to £11.5m in the year to January 31, but the footwear retailer has played down sale rumours.
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NewsHouse of Fraser asks Lloyds to up its stake
House of Fraser has asked Lloyds Banking Group to increase its share in the department store as part of a property deal.