All News articles – Page 1732
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NewsAlexon like-for-likes slump 14%
Fashion group Alexon has reported a 14% slump in like-for-like sales for the 16 weeks to November 21 after its planned lower level of summer Sale activity affected footfall and sales.
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NewsClinton Cards like-for-likes up 3.9%
Clinton Cards has reported like-for-like sales for the 16 weeks to November 22 have climbed 3.9%, helped by consistent performance across all product categories and Halloween boosting sales.
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NewsBorders UK collapses into administration
MCR has been appointed as administrator to Borders UK.
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NewsNew Look fined £400,000 over Oxford Street fire
Fast-fashion chain New Look has been slapped with a hefty fine following a blaze gutted the retailer’s Oxford Street store two years ago.
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NewsUp to 130 jobs under threat at Redcats
Redcats UK, which runs La Redoute and Daxon, has begun a consultation process which could lead to the loss of 130 jobs across its operations in Bradford and Wakefield.
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Cash Converters profits up after strong trading
Australian-owned pawnbroker and financial services group Cash Converters has upgraded its profit targets after a strong start to its financial year.
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NewsTesco and Mike Ashley’s bike shop locked in payment dispute
Tesco has launched a legal challenge against a subsidiary of Mike Ashley’s Sport’s Direct, after the supermarket giant overpaid for some bicycles.
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NewsPostal strikes hit etailers’ growth
The postal strikes in October led to a £53m fall in growth for online retailers in the last week of the month.
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NewsFrench Connection sales helped by currency gains
French Connection has benefitted from more favourable exchange rates in the three months to October 30 with overall group turnover up 8%.
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NewsGrocers’ non-food sales to increase 40% by 2014
Non-food sales from grocers are expected to increase by 40% to £16.2bn in 2014, representing nearly 10p in every pound spent in supermarkets.
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NewsSports Direct appoints chairman
Sports Direct has appointed a non-executive chairman, Dr Keith Hellawell, to join its board.
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NewsSignet UK arm to be hit by the weakness of sterling
Total sales for the UK arm of jewellery giant Signet fell 4.75% on a reported basis to $154.4m (£93.1m) for the 13 weeks to September 31.
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NewsEbay technical hitch raises fears about retailer listings
Ebay’s technical failure on Saturday has raised fears about the auction site’s ability to handle bulk listings by large retailers.
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NewsAsda Income Tracker: Average family £10 a week better off
The average UK family is £10 a week better off compared to October 2008, according to the latest report from the Asda Income Tracker.
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NewsMalcolm Walker tapped for cash by ex-Baugur chief
Malcolm Walker, chief executive of frozen foods retailer Iceland, is understood to have been tapped up by Jon Asgeir Johannesson, founder of collapsed high street chain Baugur, about investing in his Hagar retail empire.
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NewsTopps Tiles proposes share placing as profits fall
Topps Tiles has announced a proposed share placing as it reported adjusted full-year pre-tax profits of £16.3m, down from £29.5m the year before.
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NewsBorders UK stops taking orders online
Borders UK has stopped taking orders from its website as the future of the books retailer hangs in the balance.
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Torex to hand over hardware maintenance to partner
Retail software supplier Torex is to transfer its hardware maintenance business to partner Phoenix IT Services from February next year.
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NewsBlacks CVA approved
Blacks Leisure’s Company Voluntary Arrangement (CVA) has been approved by 98% of its landlords at a creditors meeting.
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NewsReiss redesigns stores for luxury
Luxury fashion chain Reiss has refreshed areas of selected stores in support of its capsule 1971 collection, the year in which the retailer opened its first store.