All News articles – Page 1601
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News
Rewe sees potential for 150 Billa Box stores
Rewe Group chief executive Frank Hensel sees potential for up to 150 Billa Box convenience stores, Hensel has told Austrian daily Kurier. The first Billa Box pilot was launched last year in central Vienna, trading from 1,600 sq ft.
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News
Ahold Q2 net sales up 10.8%
Food retailer Ahold saw net sales in the second quarter of 2010 climb 10.8% to €7.1bn (£5.8bn) compared with the same quarter last year, up 4.4% at constant exchange rates.This was positively impacted by business acquisitions in the first quarter, mainly Ukrop’s in the US.
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News
Couche-Tard Q1 profits up 42.2%
Convenience store operator Couche-Tard reported a 42.2% profit rise for the first quarter ending July 18.The retailer also announced it is to acquire 10 stores from US-based retailer Compac Food Stores. The profit rise was attributed to higher merchandise and service sales, strong petrol margins and good cost control.
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NewsAsda’s George poaches top Marks & Spencer executive
Asda-owned fashion business George has poached top Marks & Spencer executive Nick Jones to be its merchandising, supply and sourcing director.
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NewsSnow+Rock snaps up Runners Need
Outdoor specialist Snow+Rock has bought running specialist Runners Need for an undisclosed sum.
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NewsTesco joins auction for Carrefour’s Asian shops
Food and hypermarkets giant Tesco is among the 10 bidders for French counterpart Carrefour’s south-east Asian assets.
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NewsH&M confirms Lanvin collaboration
H&M has confirmed its latest designer collaboration with French luxury fashion house Lanvin.
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NewsWorld Cup boosts Dixons sales
Electricals group Dixons Retail, owner of the Currys and PC World chains, has reported a good start to the year helped by the World Cup and demand for iPads.
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NewsMountain Warehouse deal values store group at £50m
Private equity firm LDC acquires stake in fast-growing outdoor gear specialist
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NewsZara unveils transactional website
Zara has unveiled its new transactional website allowing UK customers to buy its entire fashion collection online for the first time online.
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NewsAdvertising regulations extended to social media sites
Advertising regulations will be extended to cover retailers’ websites and non paid-for messages on social media sites, including Facebook and Twitter, from March 1 next year.
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NewsImproved ranges help Spar sales
Convenience store chain Spar has reported a 3.1% rise in first quarter sales boosted by an improved fresh food and wine offer and an expansion its own-brand products.
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NewsOcado shares fall again on analyst comment
Online grocer Ocado saw its share price fall yesterday (August 31) after a leading retail analyst predicted a decline in its market share and questioned its growth strategy.
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NewsTesco faces further planning accusations
Tesco is facing further accusations that it is using its financial clout to win approval for new stores.
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NewsH&M reported to be collaborating with French luxury designer Lanvin
H&M is understood to be launching its latest designer collaboration with luxury French fashion house Lanvin.
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NewsLittlewoods launches first advert with Coleen Rooney
Littlewoods has launched its first television advertising campaign starring Coleen Rooney, the wife of Manchester United and England football star Wayne Rooney.
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NewsAlliance Boots to outsource part of pension plan
Health and beauty giant Alliance Boots is to offload about £300m of retirement fund liabilities to specialist buyout vehicle Pension Corporation.
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NewsTesco rolls out schoolwear embroidery service
Tesco is this week rolling out its schoolwear embroidery service nationwide following a trial earlier this year.
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NewsEBay to push fashion credentials through major advertising push
EBay is preparing to launch its autumn advertising campaign, its biggest yet, to push its Fashion Outlet offer.
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NewsArgos sues shipping company
Argos is suing container shipping company AP Moller-Maersk for more than $13m (£8.4m) over accusations it reneged on a contract.