All News articles – Page 1690
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NewsTesco ramps up Fairtrade clothing
Tesco is gunning to become number one in volume for Fairtrade cotton clothing, as it doubles its range of Fairtrade cotton school uniforms.
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Carrefour profits plummet
Carrefours profits plummeted 70% to €385 m (£343m) in 2009, largely due to restructuring charges.In France and Western Europe sales fell 2.7% and 5.4% respectively. However, the French retail giant boasted market share gains in its home market.Meanwhile, Carrefour’s Latin American and Asian divisions posted sales growth of 11.9% and ...
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NewsCarpetright targets Europe and high street for expansion
Flooring specialist strives for ‘service like Sainsbury’s and value of Tesco’ as it ramps up growth
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NewsHalfords gets thumbs up for car servicing centre deal
Investors have given the green light to motor accessories group Halfords’ £73.2m acquisition of Nationwide Autocentres and are confident of the deal’s merits.
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NewsFindel mulls offloading home shopping brands
Findel is understood to be planning to divest two of its home shopping brands, Confetti and I Want One of Those.
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NewsNext plans US concession for Lipsy brand
Lipsy, the young fashion brand owned by Next, is in talks with US retailers to make its first foray into the country.
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NewsVente-Privee UK to branch out into non-fashion
Private sales site Vente-Privee will push into categories beyond its core fashion offer as it chases growth in the UK.
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NewsKingfisher to beat forecasts despite sales dip
DIY giant Kingfisher reported a like-for-like drop of 3% in constant currency in the 13 weeks to January 30 but the retailer still expects to beat profit forecasts. Group revenue decreased 1.6% to £2.3bn.
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NewsMorrisons hopes England World Cup backing will drive footfall
Morrisons retail director Mark Gunter expects the grocer’s support of England’s FIFA World Cup 2018 bid to drive new shoppers to its stores.
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NewsQuiksilver and Roxy campaign to raise water shortage awareness
Quik thinking Boardwear brands Quiksilver and Roxy are launching a pan-European ad campaign online and in stores to raise awareness of water shortage.
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NewsMike Ashley’s intervention hits Blacks shares
General stores and food retailers both had a dull week, with each sector lagging the market.
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NewsAnalysts speculate on Marc Bolland’s plans at M&S
Marc Bolland does not take the helm at M&S until May, but analysts are already speculating about what he may do.
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Ikea to launch first Latin American store
Ikea has opened its first store in Latin America. The store is located on a 753,500 sq ft plot in the Dominican Republic’s capital Santo Domingo.The store cost $85m (£54.5m) to build and will provide as many as 2,500 direct and indirect jobs.
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NewsClaire's opens Alice in Wonderland pop-up store
Jewellery and accessories retailer Claire’s has opened a pop-up shop to coincide with the release of the Alice in Wonderland film.
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NewsTraditional toys aid Modelzone growth
Model and hobby retailer Modelzone is benefiting from consumers returning to more traditional toys and games, with like-for-like sales up 7% last year.
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NewsSuits You confident of profit breakthrough after CVA rescue
Speciality Retail Group chairman Peter Lucas has vowed that the struggling menswear retailer will make a profit in the year to January 2011, after it was rescued from administration by a company voluntary arrangement on Tuesday.
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NewsJ Crew hits UK after deal with Net-a-Porter
US fashion brand J Crew will be available in the UK for the first time after striking a partnership with etailer Net-a-Porter.
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Astley Clarke adds talent as growth continues
Luxury jewellery etailer Astley Clarke has strengthened its team as sales for the brand continue to grow.
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Edeka considering expansion abroad
Grocery market leader Edeka is considering expansion abroad with its recently strengthened Netto discount banner, The Financial Times Deutschland reported.The retail group is said to be planning to open stores in foreign markets “in five years’ time at the latest”, preferably in Central and Eastern Europe but not necessarily in ...
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NewsLondon Fashion Week goes digital with live-streamed 3D video
The fashion world this week descended on London Fashion Week in what was the first season that the event streamed its shows digitally to a global audience.