All News articles – Page 1665
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NewsTM Lewin installs analytics software to drive growth
Shirt and tie specialist retailer TM Lewin is implementing new business analytics software to help support its growth plans.
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NewsGame suffers body blow as two top chiefs exit amid results woe
Game was dealt a blow this week with the exit of its two most senior executives as it revealed a sharp fall in full-year profits and turnover and plans to close more than 100 stores.
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NewsAll Saints secures extra funding on strong results
Fashion retailer All Saints almost doubled EBITDA to £23.6m last year, helping it secure further investment from Lloyds TSB Corporate Markets to ramp up overseas expansion.
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NewsAge UK to trial store revamp as charities merge
Charity shop Age UK is reformatting its 500 stores after the merger of Age Concern and Help the Aged last year.
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NewsAsh cloud splits retailers over absence pay
The air travel chaos because of the volcanic ash cloud has caused retailers a headache over whether to pay staff absent as a result of not being able to fly home.
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NewsForever 21 on track for UK debut in Birmingham
US fashion giant Forever 21 has signed its second deal for a UK store in Birmingham’s Bullring shopping centre, which is likely to be its first to open here.
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NewsJudith McKenna and David Cheesewright rule themselves out of Asda top job
Asda chief financial officer Judith McKenna and Walmart Canada boss David Cheesewright are understood to have ruled themselves out of the running to replace Andy Bond as head of the grocer.
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NewsBridgepoint in exclusive talks to buy HobbyCraft
Bridgepoint Capital is poised to buy HobbyCraft, Retail Week has learned.
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NewsFaith in administration
Footwear retailer Faith has gone in to administration, Retail Week has learned.
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NewsPrivate equity firm Advent International acquires DFS
Sofas tycooon Lord Kirkham has sold his DFS chain to private equity firm Advent International for an undisclosed sum.
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NewsFaith on the brink of administration
Footwear chain Faith is understood to have lined up Heath Sinclair of Mazars as administrator.
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NewsRetail sales up in March
The value of retail sales rose by 4.4% in March and 2.2% in volume, according to the Office for National Statistics.
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NewsJohn Lewis first to market with 3D TV
Department store group John Lewis has become the first retailer to start selling 3D televisions.
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NewsAlexon reports full year loss but focused on turnaround
Alexon Group has reported a pre-tax loss before exceptional items of £900,000 in its full year results but said it has laid the foundations for to accelerate its turnaround plan.
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NewsSports Direct confident after strong year
Sports Direct said it was on track to achieve full year underlying EBITDA of at least £160m as sales in the 9 weeks to March 28 grew 2.9% to £214m.
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NewsWHSmith cautious on prospects despite profits rise
Bookseller and stationer WHSmith has posted a 2% increase in first-half group pre-tax profits to £62m but cautious about prospects.
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NewsOnline sales up 15% in March
Online sales grew 15% year-on-year in March with strong sales across all sectors, particularly in home and garden, according to the IMRG Capgemini e-Retail Sales Index.
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NewsFaith suppliers threaten stock removal
A group of major footwear suppliers have arrived at Faith’s London head office to demand their stock back amid growing uncertainty about the future of the young fashion footwear chain.
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NewsLuxury industry backs ruling on online sales
Luxury giants LVMH and PPR have spoken out in support of a European Commission ruling that allows brand owners to continue to control how online retailers distribute their brands.
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NewsTesco launches first social networking site
Tesco has launched a social networking site aimed at people taking part in or supporting Cancer Research UK’s Race for Life.