All News articles – Page 1725
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NewsPaperchase eyes 200 stores despite Borders collapse
Paperchase has insisted it will remain largely unaffected by the administration of Borders UK despite operating 38 concessions in the collapsed chain.
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News
Colruyt Group increases revenue by 7.1%
Grocer Colruyt Group increased revenue by 7.1% to €3.32bn (£2.95bn) in the first six months of its 2009-10 financial year.Operating profit climbed 7.8% to €229m (£204m), resulting in a stable EBIT margin.Profit margins were affected by increased labour costs resulting from wage inflation.The Colruyt fascia achieved revenue growth of 6.6%, ...
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NewsAdili sales fall below expectations
Ethical etailer Adili said sales have been below expectations since its fundraising in August.
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NewsJohn Lewis sales continue to grow as it heads for record week online
John Lewis has revealed that sales in the week so far have continued to rise as shoppers flock to the department store in the run-up to Christmas.
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NewsKeith Jones appointed as new JJB Sports chief executive
DSGi’s group retail director Keith Jones has been appointed as JJB’s new chief executive.
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NewsStrong UK retail sales lift Mulberry
Mulberry posted a 16% hike in sales in the first half of the year, boosted by a strong UK retail performance.
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NewsSales improve for Moss Bros
Formal menswear retailer Moss Bros has said that sales improved in the 18 weeks to December 5, with like-for-like sales up 5.5% for the period.
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NewsHMV considering bid for Mama Group
HMV could make a bid for its live-music partner Mama Group, which is currently the subject of a takeover bid from its largest investor.
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NewsInditex profits ahead of expectations
Profits at Inditex fell 1% in the nine months to October 31 to €831m after a raft of new openings, largely beating forecasts.
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NewsProfits down at Sports Direct despite strong UK retail sales
Pre-tax profits at Sports Direct have been hit by unfavourable exchange rates, falling 40.8% to £57.8m in the 26 weeks to October 25.
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News‘Son of Zavvi’ Head Entertainment starts closing down Sales
Head, the entertainment chain set up by the boss of defunct music retailer Zavvi, is understood to be closing its four stores less than a year after opening.
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NewsJD Sports sells stake in JJB Sports
JD Sports Fashion has sold its shares in rival sports retailer JJB Sports.
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NewsVAT to return to 17.5% in January
Chancellor Alistair Darling has confirmed in his pre-budget report that VAT will return to 17.5% on January 1, 2010.
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NewsHMV hires former Amazon executive as head of online
HMV has appointed former Amazon executive Sarah Hughes as head of online.
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NewsBoots celebrates 160th anniversary
Alliance Boots has reiterated its ambitions to become a global brand as the health and beauty retailer celebrates its 160th anniversary.
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NewsPrimark has ‘best ever’ day in London
Primark’s flagship store on London’s Oxford Street is reported to have had its best-ever trading day on Saturday.
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NewsBRC shop price inflation flat
Overall shop price inflation edged up marginally in November to 0.2%, according to the BRC-Nielsen Shop Price Index.
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NewsMorrisons and Waitrose star as recession recedes in grocery
Morrisons, Asda, Sainsbury’s and Waitrose all continued to grow their share of supermarket spending in the 12 weeks to 30 November, with Morrisons managing an all-time record share of 12.1%.
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NewsPark Group sales up in ‘encouraging’ market
Christmas hamper and corporate gift voucher specialist Park Group has posted interim figures for the six months to 30 September 2009 up 6% on the same period last year and reported orders for Christmas 2010 “well ahead of last year at this stage”.
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NewsRetail sales rise in November against dire performance in 2008
Retail sales values rose 1.8% on a like-for-like basis in November, in a worse-than-expected performance against a dire November last year.