All News articles – Page 1622
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NewsAmazon selling more e-books than hardcovers
Amazon.com has sold more e-books than hardcovers – nearly half again as many – over the last three months, the company has revealed.
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NewsGant to close Bond Street store
Fashion retailer Gant will close its Bond Street store in London when its lease comes to an end in September.
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NewsLosses widen at Findel
Home shopping group Findel has increased losses to £76.1m in its full year to April 2, from £57.4m the year before.
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NewsOcado secures 80% of orders for IPO shares
Ocado is understood to have secured orders for about 80% of the shares it is seeking to sell in its flotation.
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NewsOnline sales rise 20% in June
The warm weather and summer sporting events helped lift online retail sales by 20% in June.
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NewsAndy Street says private sector pay is ‘out of control’
John Lewis managing director Andy Street has said that UK executive pay is “out of control”.
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NewsSelfridges celebrates early Christmas
While the country prepares to bask in a mini-heatwave, Selfridges is getting into the spirit of Christmas and is gearing up to open its Christmas store earlier than ever before.
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NewsArgos files law suit over toxic sofas
Insurers to Argos have launched a £13m law suit against the leather technology supplier in connection with the toxic sofas the retailer sold to consumers.
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NewsMiss Sixty in legal feud over CVA
Fashion retailer Miss Sixty is reportedly embroiled in legal proceedings with British landlord Mourant & Co Trustees which could lead to rescue packages such as Company Voluntary Arrangements (CVA) becoming harder to implement.
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NewsLondon sales up 14.4% in June
Sales in London soared 14.4% on a like-for-like basis in June with the warm weather and improving consumer confidence helping sales in the capital.
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NewsDebenhams completes refinancing
Debenhams has confirmed that it has completed the refinancing of its borrowing facilities, with the signing of a new £650m credit facility.
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NewsBrightHouse full year like-for-likes grow 10.7%
BrightHouse has had another strong year of growth, with like-for-likes increasing 10.7% in the year to March 31.
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US Senate passes bill to regulate swipe fees
US retailers have hailed as a victory a bill passed in the Senate regulating bank fees imposed on payment card transactions.
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Harveys implements print service
Furniture retailer Harveys has implemented a single print service across its estate.
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NewsWaitrose refreshes payment system
UK supermarket Waitrose has introduced a new payment system across its entire estate to enhance customer service.
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NewsBurberry buys out Chinese franchisee
Luxury retailer and brand Burberry has agreed to buy 50 stores in China from its franchisee in a deal worth £70m.
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NewsMothercare to take 25% stake in Australian franchisee
Mothercare is to take a stake 25% in Headline Group, which holds the Mothercare and Early Learning Centre franchises in Australia and New Zealand.
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NewsLuxury goods retailer Smythson returns to profit
Upmarket stationer and luxury goods specialist Smythson returned to profit last year.
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NewsJohn Lewis weekly sales rise 9.1%
Sales at department store chain John Lewis rose 9.1% last week to £59.2m as the retailer’s Sale drew shoppers.
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NewsReiss in pieces
Reiss has launched a teaser viral campaign ahead of a full campaign in September.