All News articles – Page 1660
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NewsThe Original Factory Shop outlines expansion after reporting 35% sales increase
The Original Factory Shop is to step up expansion after recording a 35% increase in sales to £132m for the year to March 28.
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News
Virgin retail cosmetics business wound up
The remnants of Virgin’s retail cosmetics business has been liquidated.
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NewsAsos confirms plans for marketplace launch later this year
Online fashion retailer Asos has confirmed plans to launch a new virtual marketplace where customers and small independent businesses can sell clothes through the site.
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NewsPoundland sold in £200m deal
Value retailer Poundland has been bought by US private equity house Warburg Pincus.
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NewsRough Trade sales surge
Independent music retailer Rough Trade has revealed a sales surge of 17.5% in the 52 weeks to March 31 as it lays out plans for more stores.
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NewsAlliance Boots to introduce new pension scheme in July
Alliance Boots is to introduce a new defined contribution pension scheme from July.
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NewsUK remains international retailers’ favourite
The UK has retained its position as the most attractive market for international retailers to expand into as the growth in retail expansion has slowed amid the economic crisis.
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NewsFashion boosts John Lewis sales while Waitrose sparkles in the sun
John Lewis sales rose a “healthy” 11.4% in the week to April 24, as its sister chain Waitrose achieved its highest sales growth of the year.
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NewsThe OFT drops part of its dairy investigation
The Office of Fair Trading has concluded that it has insufficient evidence to support an infringement in its dairy investigation in regard to liquid milk in 2002 and value butter in 2003.
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NewsBlacks moves forward with fundraising after a difficult year
Blacks Leisure is pressing ahead with a £20m fundraising as sales start to improve for the outdoor retailer after a year of major restructuring across the business.
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NewsGucci opens London pop-up shop
Designer brand Gucci opened a pop-up shop in London’s Seven Dials last week.
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NewsRetailers fear ‘nightmare’ of hung parliament limbo
Retail leaders are bracing themselves for the possible “nightmare” that could follow a hung parliament being formed after next week’s election.
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QVC to extend reach with late-night ITV slot
TV shopping giant QVC will broadcast in a new night slot on ITV after rules came into effect allowing terrestrial TV stations to run teleshopping during late-night hours.
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NewsMountain Warehouse to hike up expansion
Outdoor specialist Mountain Warehouse is gearing up for further expansion after reporting post-tax profits of £3.9m in the year to February 28, up 72% on last year.
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NewsDunelm slowdown ‘in line with expectation’
Value homewares retailer Dunelm’s slowdown in like-for-like growth met analysts’ expectations as it came up against tough comparables and suffered from a weaker sales period after Easter.
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NewsNew EPoS system cuts downtime at SuperGroup
SuperGroup is implementing a new EPoS System across its 42 UK stores, which will aid with its ambitious growth plans.
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NewsCo-op’s Somerfield crisis
Confidential board report reveals plummeting sales in ex-Somerfield stores following 2009 deal
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NewsSFO cloud hangs over Sports Direct
The City has continued to cautiously back Sports Direct after a positive pre-close update, despite a pending Serious Fraud Office (SFO) investigation into the business.
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NewsSummer Sales brought forward due to Ramadan
Upmarket department stores are set to move their summer Sales forward in a bid to move to full-price autumn merchandise ahead of the lucrative pre-Ramadan shopping period.
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NewsBijou Brigitte eyes shopping centres for UK growth
German accessories retailer Bijou Brigitte plans to open up to 20 stores in the UK this year.