All News articles – Page 1617
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NewsAcquisition helps Halfords tick over
Motor accessories and cycles group Halfords posted a 9.6% group sales rise in its first quarter, reflecting its acquisition of Nationwide Autocentres.
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X5 seeks approval to acquire Kopeika
X5 Retail Group has applied to the Federal Anti-Monopoly Service to acquire Moscow-based retailer Kopeika and its subsidiaries, the authority has said. X5 Retail Group chief executive Lev Khasis said the application was “a technicality”, necessary for future merger negotiations. Kopeika, which is owned by Uralsib bank head Nikolai Tsvetkov, ...
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NewsWest End rejuvenation plans aim to up shopper spend 66% by 2020
The improvement body for London’s West End has set out plans to revitalise the famous shopping destination by attracting more shoppers, reducing traffic and rejuvenating the east end of Oxford Street.
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News2012 Olympics store opens
The first store for the 2012 Olympic Games was opened on Tuesday by London 2012 chairman Sebastian Coe and Mayor of London Boris Johnson.
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Loblaw Q2 sales up 1.2%
Grocery retailer Loblaw has reported that sales rose 1.2% to C$7.3bn (£4.57bn) for the second quarter to June 19. Like-for-like sales declined 0.3%, marking the third consecutive quarter of negative like-for-like growth. Operating income increased 1.9% to C$330m (£207m) while net earnings declined 8.6% to C$180m (£113m)…
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NewsTesco takes on M&S in back to school campaign
Tesco is taking on Marks & Spencer in the back to school clothing battle and has frozen its uniform prices to be the same as last year.
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NewsSquirrel meat on Budgens shelves prompts outrage
A Budgens store has prompted controversy by putting squirrel meat on its shelves.
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NewsNisa-Today reports record turnover
Symbol group Nisa-Today has reported record turnover of £1.42bn for the year ending March 28, an 11.9% increase on the previous year.
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NewsFirebox managing director steps down
The managing director of online gift retailer Firebox, Christian Robinson is leaving the etailer after ten years at the helm of the business.
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NewsSainsbury’s trials prescription vending machines
Sainsbury’s has today started a trial of prescription vending machines, aimed at allowing customers to securely and conveniently collect NHS prescriptions.
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NewsPretty Green opens pop-up shop
Young fashion brand Pretty Green has opened its first standalone store - a pop-up shop on Carnaby Street, London.
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NewsArnotts could be sold for €1
The future of Arnotts remains unclear after it emerged that the iconic Irish department store could be sold for a little as €1 as part of plans to restructure its debts.
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NewsNew Amazon Kindle available in the UK for the first time
The new version of the Kindle launched today on Amazon with the e-reader device now available for the first time directly from the etail giant’s UK site.
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NewsBedroom furniture sales to grow, says Verdict
Brits continue to spend money on beds and bedroom furniture, despite all other areas of the furniture area struggling, according to research house Verdict.
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NewsTough start to the year for Wickes
Builders merchant Travis Perkins’ has reported a tough start to the year at its retail division, including DIY chain Wickes, but the business has gained market share.
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NewsRetailers already responsible on alcohol, says BRC
Retailers already have a proud record as responsible sellers of alcohol, says the British Retail Consortium, in response to the start of the Home Office alcohol consultation.
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NewsAldi co-founder Theo Albrecht dies
The co-founder of German hard discounter Aldi has died at the age of 88.
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A&P Q1 net loss increases 88%
US Tengelmann-controlled A&P has announced its first-quarter results for the 16 weeks to June 19. Net loss was $122.64m (£79.5m), up 88% when compared with the net loss of $65.16m (£42.24m) a year earlier.Sales for the period declined to $2.56bn (£1.66bn) from $2.79bn (£1.80bn) last year. Like-for-like sales decreased 7.2%.
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Metro launches cash and carry concept in Ukraine
Metro Group has launched a new, small-sized cash and carry concept in Ukraine, called Metro Baza.The first store is located in Kremenchuk, on the rented premises of Prostor trade centre. Metro Baza has a sales area of about 21,500 sq ft and offers a narrow range of about 2,000 items. ...
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SuperValu launches El Ahorro Save-A-Lot format
Grocery retailer SuperValu has launched a new format called El Ahorro Save-A-Lot.The co-branded discount stores, which target the Hispanic community, are the result of a partnership between SuperValu and Rafael Ortega, a grocery operator with 24 years of experience in serving the Hispanic community in Texas. Six former Save-A-Lot stores ...