All News articles – Page 1742
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News
Grupo Famsa reports MXN199m (£9.3m) net income
Department store operator Grupo Famsa reported MXN199m (£9.3m) net income for the third quarter, up by 371.6% from the same period in 2008.Net sales during the quarter reached MXN3.71bn (£173m), up by 6.1% year on year. The positive performance was primarily attributed to an 8.4% increase in sales at its ...
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NewsThe Entertainer draws road map to 100 shops
Toy retailer The Entertainer is gunning to double the size of its business over the next four years as it takes advantage of the gap left in the toy market after the demise of Woolworths.
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NewsAlmost 2,000 jobs to go as 373 First Quench stores close
The administrators of Threshers owner First Quench Retailing are to shut 373 stores, resulting in 1,738 redundancies.
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NewsGap sales beat expectations
Sales for US fashion giant Gap beat expectations in October up 5% on last year to $1.14bn (£70m).
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NewsHopes of recovery rise as Bank holds interest rates and injects £25bn into economy
The Bank of England has held interest rates at 0.5% for the eight month in a row and inject an extra £25bn into the economy in an attempt to stimulate recovery.
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NewsMike Ashley renames Newcastle football ground
Sports Direct founder Mike Ashley is renaming Newcastle United’s football ground sportsdirect.com@St James’ Park.
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NewsTM Lewin reports record profits
Men’s and womenswear retailer TM Lewin reported it has defied the downturn to deliver record profits and that the new financial year has started strongly.
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NewsSales improve at Signet
The UK’s biggest jewellery chain Signet has reported an improvement in sales in its third quarter.
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NewsFlat Christmas ahead, survey claims
Retail spend this Christmas will be flat compared to last year, but sales will fall 1.5% in 2010, a report from Deloitte forecast today.
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NewsBodycare backs down on poppy ban
Toiletries and beauty specialist Bodycare has ended a ban on staff wearing poppies after its policy prompted a storm of protest and intervention by an MP.
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NewsRetailers to benefit as credit insurer Atradius increases cover
Atradius, one of the leading credit insurance firms, is to increase cover to UK companies.
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NewsSouthGate scheme in Bath opens its doors
Bath’s SouthGate shopping centre opened its doors today.
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NewsChristmas lights switch-on kick starts London festive shopping period
50,000 Londoners last night flocked to see the biggest-ever co-ordinated Christmas lights switch-on across the capital’s most famous high streets.
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NewsNext sales continue to beat expectations
Next sales have continued ahead of expectations with like-for-like sales down 1.3% for its third quarter to October 31.
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NewsShop price inflation at zero after two months of deflation
Overall shop price inflation stood at zero last month after two consecutive months of deflation.
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NewsM&S posts flat first-half profits
Marks & Spencer reported a “good start” to its third quarter but is “cautious” about Christmas prospects after posting flat interim profits.
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NewsCarrier bag charges in Wales by May 2011
Shoppers in Wales may have to start paying for plastic bags before May 2011.
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NewsMarks & Spencer gives green light to branded food range
Marks & Spencer is to roll out its branded grocery offer to most of its shops after the success of a trial in 54 stores in the North East and South East of England.
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NewsPrimark like-for-likes up 7%
Value fashion retailer Primark has reported sales up 20% in the year to September 12, with like-for-likes up 7%.
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NewsAlliance Boots revenue up 11.6%
Health and beauty group Alliance Boots has reported revenue up 11.6% to £9bn for the six months to September 30 and said it is well positioned for the second half including the key Christmas trading period.