All News articles – Page 1592
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NewsCotton prices reach 15 year high
Fashion retailers are facing more pressure to increase prices after the cost of cotton rose past the $1 (64p) per pound mark for the first time in 15 years.
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NewsNew Bond Street Europe’s most expensive retail address
London’s New Bond Street has overtaken the Avenue des Champs-Elysées in Paris as the most expensive retail address in Europe as luxury fashion stores jostle to open new stores in the area.
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NewsTesco to expand online offer overseas
Tesco is planning to launch online shopping in China, Poland and the Czech Republic as part of its global expansion plans under incoming chief executive Phil Clarke.
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NewsProfits leap at JD Sports Fashion
JD Sports Fashion has posted a 64% rise in profits and expects continued growth.
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NewsRetailers warn over business rate rises
Looming increases in business rates could threaten the ability of retailers to create jobs, the BRC warned today.
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NewsNew Look unlikely to float until 2012
New Look is unlikely to make another attempt to float before 2012 because of deteriorating conditions on the high street, according to reports.
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NewsSir Terry Leahy believes successor will press ahead with US strategy
Tesco chief executive Sir Terry Leahy is confident his protégé Phil Clarke will press on with the grocer’s US strategy when he succeeds him next March.
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NewsRetailers start raising prices ahead of VAT increase
Retailers are beginning to put up prices before the rise in VAT in January as they prepare for significant inflation next year.
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NewsHouse of Fraser considers out-of-town stores
House of Fraser, the department store chain, is understood to be drawing up plans to open out-of-town stores.
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NewsCharles Dunstone sells 10% of his stake in Carphone Warehouse
Carphone Warehouse founder Charles Dunstone has raised £35m by selling 10% of his stake in the business.
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NewsTesco to start selling cut-price Viagra
Tesco is to start selling cut-price Viagra from next Monday, in 300 of its in store pharmacists.
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NewsAmerican Apparel granted extension to file results
American Apparel, the US chain, has had an extension granted by the New York Stock Exchange to file its results for the second quarter ended June 30 to avoid being delisted.
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NewsAmazon in bid for Lovefilm
Amazon is understood to have made a takeover offer for online movie rental firm Lovefilm, valuing the business at close to £200m.
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Former Kingfisher director George Adams named chief executive of Maxeda DIY
Former Kingfisher executive George Adams is to become chief executive of Maxeda DIY, part of the Dutch private equity-backed retail group of the same name.
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NewsLike-for-likes fall at Beales
Department store group Beales has posted a 1.7% fall in like-for-like sales,including concessions and VAT, after a fall-off in demand for big ticket items.
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NewsSainsbury's to be prosecuted for excess packaging
Sainsbury’s is being taken to court for using excessive packaging, making it the first major retailer to be prosecuted under environmental laws.
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NewsRetailers cut waste sent to landfill by 50%
Retailers are sending half as much rubbish to the dump as they did five years ago and have slashed carbon dioxide emissions.
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NewsJohn Lewis enjoys "flying start" to autumn
Sales at John Lewis department stores climbed 16.5% to £58.3m last week as the back-to-school selling season got autumn off to a “flying start”.
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NewsPhil Clarke: My vision for Tesco’s global growth
New Tesco boss reveals his strategy for UK and overseas domination to Retail Week
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NewsPixmania moves into new product ranges
Pixmania, the etailer owned by electricals group Dixons, is to extend its range of product categories as it seeks to establish leading positions in new fields.