All News articles – Page 1717
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NewsAsda launches biggest price rollback for a decade
Asda has today launched its biggest price rollback for a decade and has launched a campaign which claims to rid the industry of “phoney price claims”.
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NewsNext exceeds Christmas expectations
Stronger than expected Christmas sales rounded off a strong second half for Next with like-for-like sales in the 22 weeks to Christmas Eve up 3.2%.
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NewsHMV closes on Mama
HMV moved closer to gaining control of live music business Mama yesterday as rival bidder, SMS Finance, pulled out of the race.
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NewsOriginal Factory Shop reports record Christmas
Value department store chain Original Factory Shop has reported record sales over the Christmas period, with a year-on-year sales lift of 48.3%.
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NewsJohn Lewis reports bumper Christmas trading
John Lewis has delivered a bumper Christmas trading update, with like-for-like sales up 12.7% in the five weeks to January 2.
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NewsCo-op launches brand campaign
The Co-operative Group has today launched an advertising campaign to communicate the benefits of the merger of its food business with Somerfield.
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NewsLa Senza owner seeks new funding
La Senza owner Lion Capital is thought to be seeking funding to save the struggling lingerie chain.
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NewsFootfall ahead 9% on New Year's Day
Footfall on New Year’s Day rose 9% year-on-year, according to the Preliminary Experian FootFall UK National Index.
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NewsKen Clarke signals VAT rise
Shadow business secretary Kenneth Clarke has signalled that a Conservative government would be ready to raise taxes – including VAT – if they win this year’s general election.
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NewsWalmart to use supply chain to cut costs in 2010
Walmart, the world’s biggest retailer, estimates that savings of between 5-15%, or $4bn-$12bn, will be possible by globalising its purchasing.
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NewsTaxman biggest loser from First Quench collapse
The taxman has emerged as the biggest loser from the collapse of Threshers owner First Quench Retailing, as it owes £13.7m in unpaid alcohol duty.
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NewsRetailers prepare to update on Christmas trading
Retailers including John Lewis, M&S, Next, Sainsbury’s, JD Sports Fashion are to reveal key Christmas trading updates this week which will be seen as key indicators to how successful the festive period was for the retail sector.
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NewsGood Christmas for mid-sized retailers
Mid-sized retailers enjoyed a decent Christmas with both sales and margins improved, according to BDO’s High Street Sales Tracker.
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NewsVAT returns to 17.5%
VAT returns to 17.5% on New Year’s Eve, but many retailers are not intending to pass on the increase immediately.
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NewsFootfall growth slows compared to weekend
Footfall in UK shopping centres was up 2.5% this Monday to Wednesday compared to the same days last year.
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NewsPrimark mulls Westfield Stratford store
Primark is reported to be considering signing a 70,000sq ft store at Westfield Stratford, the East London shopping centre scheduled to open in September 2011.
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NewsFashion chain D2 in administration
Fashion chain D2 has become the first post-Christmas retail casualty, falling into administration on Wednesday.
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NewsGovernment reveals plans to strengthen high street
The government has unveiled plans to give local councils more power to put town centres first ahead of out-of-town developments.
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NewsRetailers raise prices before ‘VAT freeze’
Leading retailers have increased their prices on key lines just weeks ahead of announcing a VAT freeze, a report this morning claims.
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NewsTesco plans new year VAT freeze
Tesco announced today it is planning to freeze VAT on thousands of products into the new year.