All News articles – Page 1693
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NewsTesco to launch property website
Tesco is expected to go head to head with estate agents within weeks with the launch of a property website, allowing home owners to advertise their properties for a flat fee of around £200.
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NewsFashion drives John Lewis sales rise
Strong fashion and home sales helped department store chain John Lewis increase year on year turnover by 12.5% to £49.5m last week.
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NewsGrocers become childrenswear market leaders
Supermarkets became market leaders by value in childrenswear for the first time last year.
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Rewej posts record sales
Rewe Group posted record sales of more than €50bn (£45bn) in 2009 but EBITA plummeted 27% to around €520m (£464m), according to German trade paper Lebensmittel Zeitung.Rewe’s grocery arm was seen as the “real winner of the crisis” in Germany, while its DIY stores and cash-and-carry operations were reported to ...
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NewsPerfume Shop’s new look
The Perfume Shop is to open its second new-concept store in Glasgow next month after recording a “fantastic reaction” to its first remodelled shop in Bluewater.
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NewsThorntons invests in products to reverse second-half losses
Thorntons intends to reduce its dependency on Christmas by investing in products to drive sales in the quieter summer months.
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Lidl prepares for stagnating German sales
Lidl is preparing for sales growth to flatten out in its domestic market.Sales in Germany are reportedly stagnating as new stores cannibalise sales. Lidl has opened over 80 stores in the past year in Germany.However, according to German trade paper Lebensmittel Zeitung, the group is close to acquiring Tengelmann’s Plus ...
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Future Group in talks for foreign tie-ups
Future Group - which runs the country’s largest listed retailer Pantaloon Retail - is in talks for a foreign tie-up and hopes to file papers for an IPO in its investment arm soon, said chief executive Kishore Biyani.He would not name the overseas retailers being considered for a tie-up, although ...
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NewsRetail flotation jitters hit non-food shares
General retailers lagged the All-Share index and their food peers as doubts were cast over stores’ IPO hopes.
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NewsSainsbury’s says it is the world’s fair-trade leader
Sainsbury’s has claimed that it is the world’s largest retailer of Fairtrade products, as retailers gear up for Fairtrade Fortnight next week.
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Goldman Sachs eyes recovery in retail opportunities
Goldman Sachs has forecast that retail like-for-likes will rise in 2010 after two years of declines in the store groups it follows.
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NewsPast Times plans store and online expansion
Gifts retailer Past Times is hunting for new stores and will ramp up its online offer this year.
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NewsNewcastle’s Eldon Square opens
The £170m extension to Newcastle’s Eldon Square shopping centre opened this week.
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NewsElectricals etailer Ebuyer plots growth
Vida Capital Partners is confident of a strong 2010 as it ramps up its two retail businesses, etailer Ebuyer and kitchens retailer Wrens.
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House of Fraser drafts in web guru Robin Terrell
House of Fraser has drafted in multichannel wizard Robin Terrell to lead online and international operations at the department store group.
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NewsThird quarter lifts Sports Direct
Sports Direct third-quarter retail sales rose 9.4% to £326m year on year and it has raised its full-year EBITDA target to at least £160m.
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NewsPaperchase stung by Twitter design furore
Paperchase has admitted errors in its handling of design plagiarism allegations, which provoked an online outcry.
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NewsSuperGroup confident of IPO success as others falter
Directors of SuperGroup, which aims to raise £125m through an IPO, are confident of the retailer’s longevity despite some potential investor concerns about fashion’s volatility.
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NewsFirst combined HMV and Waterstone’s store opens in Silverlink
HMV Group’s first jointly occupied HMV and Waterstone’s shop opened this week on the Silverlink retail park in Wallsend, about four miles northeast of Newcastle.
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NewsQS on target to return to profit as sales climb
Value retailer QS is on track to make a profit this year after a decade of being in the red.