All News articles – Page 1625
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NewsJigsaw losses almost double
Jigsaw parent company Robinson Webster Holdings reported a loss of £7.3m in the year to October 3 2009, almost double the £3.7m loss recorded the previous year.
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NewsThe Co-operative to roll out contactless payment
The Co-operative is set to become the first major grocery retailer to roll out contactless payment in its stores.
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NewsThorntons like-for-likes slump 6%
Thorntons has reported like-for-like sales are down 6% in its fourth quarter, which it said in part is due to higher than anticipated discounting of excess stock which it has now cleared.
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NewsTopps Tiles Q3 sales improve
Topps Tiles like-for-like sales decline has softened to -1.2% in the 13 weeks to July 3.
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NewsAsos sales up 54%
Sales for online fashion retailer Asos grew 54% to £61.7m in its first quarter to June 30, with sales from its international business continuing to grow at over 100%.
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NewsNRF releases m-commerce guide
The National Retail Federation has revealed the first version of its Mobile Retailing Blueprint.
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Irish fashion retailer ploughs £250,000 into retail systems
Irish fashion retailer and knitwear manufacturer Carraig Donn has chosen Futura’s EPoS software and retail management system to play a key role in the company’s export-led expansion plans.
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Freemans Grattan cuts bad debt with credit scoring system
UK home shopping group Freemans Grattan Holdings expects to cut customer debt by up to 33% with an analytics system.
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NewsHome Bargains ups security on delivery vehicles
Home Bargains, has invested in Manta electronic seals to increase security and eliminate unauthorised access to its transport fleet.
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NewsPaperchase bought in management buy out
Paperchase has been bought in a £30m management buyout backed by private equity group Primary.
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NewsHMV pay freeze
HMV has implemented a group wide pay freeze that hits staff at both HMV and Waterstone’s.
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NewsRecord June fashion price falls, ONS reports
Record June falls in the prices of clothing and footwear pushed down the Consumer Prices Index (CPI) annual rate of inflation to 3.2% last month from 3.4% in May.
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NewsSurge in Indian shoppers buying luxury goods
The amount spent on luxury goods by Indian shoppers visiting the UK has grown 89% year-on-year.
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NewsOka halves full year losses
Furniture and homewares retailer Oka has halved its operating losses from £568,425 to £257,186 in the year to December 31.
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NewsDunelm grows revenue but remains cautious on outlook
Dunelm like-for-likes grew 8% in the year to July 3 and the retailer expects full year operating profit to come in “a little ahead” of market expectations.
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NewsBurberry sales up 24% in first quarter
Burberry reported a 24% hike in sales to £291m for the three months to June 30 with a strong performance across both retail and wholesale.
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NewsThe Body Shop first half like-for-likes up 0.2%
The Body Shop has reported like-for-like sales up 0.2% in the first half of 2010, but slipped in the second quarter 0.1%.
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NewsHotel Chocolat raises £3.7m in chocolate bonds
Hotel Chocolat has raised £3.7m via its first Chocolate Bond offer, just shy of the £5m it originally targeted.
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NewsWorld Cup and sunny weather lifts retail sales in June
Retail sales grew 1.2% in June on a like-for-like basis with retailers benefitting from the hotter weather and the start of the World Cup.
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NewsWaterstone's to open cinema in Piccadilly store
Waterstone’s is to open a cinema in its Piccadilly branch next year in a move that follows its sister chain HMV.