All News articles – Page 1623
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NewsHub stores will plug gap left by Woolworths
Poundland founder Dave Dodd is to open the first store for his latest venture in Telford.
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NewsFormer Woolworths MD Tony Page signs up with Russian retailer
Former Woolworths commercial and marketing managing director Tony Page has joined Russian retailer Lenta as commercial director.
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Grocers likely to escape fines under ombudsman’s regime
Ministers lean towards naming and shaming supermarkets that infringe new code of practice instead
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NewsGrowth will be hard to maintain, says Dunelm
Value homewares retailer Dunelm has warned of toughening trading conditions, despite the likelihood that operating profits this year will be just ahead of expectations.
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Jigsaw’s parent reports near doubling of losses
Losses at Robinson Webster Holdings, the parent company of womenswear retailers Jigsaw and Kew, almost doubled last year as a result of a currency fluctuations, deeper discounting and disposal of excess stock during the recession.
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NewsPrimark defies the downturn with strong growth in sales
Value fashion retailer Primark has reported that full-year margins are expected to be ahead of last year despite rising input prices, which are forecast to hit the clothing sector generally.
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NewsDreams expects to continue its rapid growth as more rivals fail
Bed specialist Dreams is set to notch up double-digit revenue growth this year on the back of its record year in 2009, but the retailer predicts more of its rivals will hit trouble.
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NewsTM Lewin ups profit as it tests click-and-collect
Shirtmaker TM Lewin has embarked on a click-and-collect trial, as it reports that operating profit grew 7% to £9m in the year to February 28.
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NewsClarks launches destination websites to engage with kids
Footwear giant Clarks has launched two standalone kids’ websites in a bid to build engagement with younger consumers and drive multichannel sales.
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NewsSainsbury’s director to champion women
Sainsbury’s new customer service and colleague director, Gwyn Burr, is aiming for 20% of its store managers to be female by next year.
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NewsLa Senza seeks new chairman as sales and profits improve
Lingerie retailer La Senza is back in the black and searching for a new chairman to help its future growth after sales and profits took an upward swing
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NewsCarpetright trials cleaner new logo for its high street format
Carpetright is testing a new fascia on three shops as it mulls an overhaul of the logo for its entire chain.
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NewsRock shopping centre in Bury due to open doors
The Rock shopping centre in Bury was due to open its doors today, one of the few new major shopping centres to debut this year.
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NewsBurberry on strong upward trajectory
Luxury specialist Burberry reported a 24% hike in revenue to £291m for the three months to June 30, following a strong performance across retail and wholesale.
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NewsPawnbroker H&T broadens retail offer
Pawnbroker H&T is to start selling jewellery online and in its Gold Bar fascia stores as it seeks to extend its retail offer.
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NewsBest Buy poaches Mothercare’s property director
Best Buy Europe has poached Mothercare group property director Grahame Smith as the electricals retailer ramps up its search for more stores across the continent.
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NewsHi-fi chains Audio T and Sevenoaks Sound & Vision merge to fend off larger rivals
Privately owned hi-fi retailers Audio T and Sevenoaks Sound & Vision are to merge, creating a 50-store business.
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NewsRetail’s stock rises as June sales tick along
Retailers achieved “decent sales growth” in June, the BRC reported, and store stocks rose over the week although they lagged the All-Share index.
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NewsAiling JJB Sports trials new format to aid recovery
The World Cup has brought a much-needed sales uplift at sports specialist JJB Sports, which has also unveiled a new-model store in Slough that it hopes will aid its ongoing recovery.
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NewsCity pressure mounts on Ocado ahead of float
Pressure is mounting on Ocado to lower the valuation of its initial public offering (IPO) as investors and analysts continue to baulk at the ambitious price tag placed on the online grocer.