All News articles – Page 1651
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News
New chief shuffles top team to ‘put Fat Face back on the map’
New Fat Face chief executive Anthony Thompson has reshuffled his top team to streamline the business and help “put Fat Face back on the map”.
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NewsPoll shows consumers want loyalty card from Asda
Almost half of consumers would be more likely to shop at Asda if it had a loyalty scheme - an initiative the retailer has consistently ruled out despite pressure from rivals that run such programmes.
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News
Morrisons in talks with former Asda director Darren Blackhurst over trading role
Darren Blackhurst, the former Asda trading director who exited the business suddenly at the start of the month, is understood to be having informal conversations about a role at rival grocer Morrisons.
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NewsClaire’s appoints ex-Levi’s retail chief
Accessories chain Claire’s has hired Levi’s retail director Sheila Hamilton as managing director of its UK and Republic of Ireland division.
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NewsTesco to roll out mobile app beyond iPhone
Tesco is to expand the services on its Clubcard mobile phone app as it sends out £119m of vouchers in its summer mailing this week.
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NewsBoots to open Advantage Card to other retailers
Loyalty card tie-up aims to generate new growth through strategic partnerships
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NewsHalfords to hire mergers and acquisitions director
Motor accessories and cycles specialist Halfords is on the hunt for a head of mergers and acquisitions as it strives to bolster its offer.
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News
Fashion chains to hike autumn prices up to 8%
Fashion retailers have called time on deflation and are set to hike prices by up to 8% for autumn as they contend with volatile currencies, higher commodity costs and the likelihood that VAT will rise.
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NewsRobert Dyas set to spend £3m on repositioning ad campaign
Hardware retailer Robert Dyas is launching a new ad campaign in June to adjust the positioning of the business following last year’s rebranding exercise.
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News
O2 brings in new staff bonus scheme
Mobile phone retailer O2 is to introduce a revamped bonus scheme for store staff after carrying out performance-related research.
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NewsB&M Bargains profits grow 140% in 2009
Value retailer B&M Bargains is aiming for £1bn in sales within five years as it reported another set of sparkling full-year figures.
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NewsSports Direct stake in Blacks diluted after fundraising approved
Mike Ashley’s Sports Direct has had its stake in Blacks Leisure diluted after the outdoor retailer’s £20m fundraising was approved this afternoon.
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NewsAsda to sell privately prescribed cancer treatment drugs
Asda is to sell privately prescribed cancer treatment drugs on a not-for-profit basis from Monday.
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NewsAmerican Apparel struggles with debts as losses deepen
The future of young fashion chain American Apparel has been thrown into question for the second time in just over a year as the retailer struggles to repay its debts to private equity firm Lion Capital.
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NewsRetail sales up 1.1% in April, ONS says
Retail sales rose 1.1% by value and 0.3% by volume month on month in April, the ONS reported.
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NewsTesco stores escape worst of Thai unrest
Tesco’s stores in Thailand are thought to have escaped the worst of the violence that has engulfed the capital, Bangkok, over the last few days.
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NewsMothercare sales pass £1bn but City profit expectations not met
Maternity specialist Mothercare generated full-year sales of more than £1bn for the first time last year but profits narrowly missed City expectations.
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NewsJD Sports adds to brand stable with Sonneti acquisition
JD Sports Fashion has bought preppy menswear brand Sonneti from the WDT stable of brands.
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News
Department store Isetan Mitsukoshi posts £435m loss
Department store Isetan Mitsukoshi posted a consolidated net loss of ¥63.52bn (£435m) in the year ended March 31, which the retailer blamed on sluggish consumption and severe competition. The loss compares with a group net profit of ¥4.68bn (£25m) in the previous year. Sales were down 9.5% to ¥1.29 trillion ...
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News
1,000 Uniqlo stores to open in China
Fast Retailing has announced plans to open 1,000 Uniqlo stores in China within 10 years, generating ¥1 trillion (£7.47bn) in sales.Uniqlo will open a 38,000 sq ft flagship store in Shanghai this weekend, giving it a total of 65 stores in China. Beginning in the fiscal year 2012, Uniqlo will ...