All News articles – Page 1642
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News
Pottery Barn to open in Kuwait
Home furnishings retailer Williams-Sonoma will open its first Pottery Barn and Pottery Barn Kids stores in Kuwait on June 16 as part of a multi-year deal with MH Alshaya Company. The 17,220 sq ft Pottery Barn and 8,070 sq ft Pottery Barn Kids stores will be located at The Avenues ...
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News
Ahold Q1 profits up 45.7%
Dutch retailer Ahold posted a 45.7% rise in first-quarter net profit to reach €274m (£226.6m), mainly due to changes in its estimates for provisions for its former subsidiaries.It posted a 1% sales increase in its first quarter to reach E8.7bn (£7.2bn), a 3.4% increase at constant exchange rates. Operating income ...
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NewsM&S Plan A injects £50m profit back into the business
Marks & Spencer has revealed that its Plan A eco and ethical programme has injected more than £50m of profit back into the business last year.
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NewsMothercare boss gets £6.5m
Mothercare chief executive Ben Gordon’s total remuneration package increased from £1.4m to £6.5m this year after a management incentive scheme paid out.
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NewsPark Group sales grow 5%
Christmas savings and voucher specialist Park Group said sales grew 5% in its full year to March 31.
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NewsStrong year for Halfords as profits grow 26.7%
Pre-tax profits at Halfords soared 26.7% to £117.1m beating analyst expectations in its full year to April 2.
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NewsNet-a-Porter to launch men's site
Online fashion retailer Net-a-Porter is to move into menswear for the first time with the launch of a stand-alone menswear site.
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NewsArgos like-for-like sales fall 8.1%
Sales at Argos fell 8.1% on a like-for-like basis for its first quarter to May 29 after a drop in TV and video gaming sales.
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NewsDSGi reports World Cup sales boost
DSGi has reported surging sales in TVs in the run up to the World Cup, with this year’s tournament “shaping up to be best World Cup ever” for the retailer in terms of TV sales.
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NewsWaterstone's operations director exits
Waterstone’s operations director Alex Rayner has left with the business with immediate effect.
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NewsSainsbury’s chief Justin King paid £8m last year
Sainsbury’s paid its chief executive Justin King almost £8m last year, when the grocer reported its lowest sales growth in five years.
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NewsBest Buy sponsors London venue The O2
Best Buy is sponsoring London venue The O2 to bolster its entertainment credentials.
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NewsInditex profits surge in first quarter
Zara owner Inditex’s net income surged 63% to €301m (£249m) in its first quarter to April 30, as it revealed its launch date for selling online.
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NewsJD Sports Fashion reports improving sales
JD Sports Fashion has reported improved trading in the UK and Republic of Ireland with like-for-like retail sales up 4.1% for the 18 weeks to June 5.
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NewsShop price inflation slows to 1.8% in May
Shop price inflation slowed to 1.8% in May, down from 2% in April, according to the BRC-Nielsen Shop Price Index.
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NewsConfidence grows at Asos as profits soar 44%
Asos pre-tax profits soared 44% to £20.3m in the year to March 31, the online fashion retailer announced in its full year update.
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NewsB&Q to open new distribution centre
B&Q will open a new regional distribution centre in Swindon next year, as part of changes to its distribution strategy.
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NewsO2 to stock new iPhone
O2 will launch iPhone 4, a thinner and higher resolution version of the smartphone, on June 24.
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NewsKarstadt rescued by Nicholas Berggruen and BCBG Max Azria
Insolvent German department store group Karstadt is set to be rescued by a consortium involving German billionaire investor Nicholas Berggruen and luxury fashion house BCBG Max Azria.
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NewsWHSmith sales hit by volcanic ash cloud
WHSmith said its like-for-like sales decline was worsened by the affect of the volcanic ash cloud, as it revealed it has hired Walker Boyd as its non-executive chairman.