All News articles – Page 1747
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NewsKindle helps boost Amazon sales and profits
Amazon has reported international sales, including the UK, grew 33% in the three months to September 30 reaching $2.61bn (£1.56bn).
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NewsJohn Lewis and Waitrose report another strong week
John Lewis and Waitrose enjoyed another strong week’s trading in the week to 17 October.
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NewsMothercare to extend Indian stores network
Mothercare has signed a second joint venture in India, with DLF Brands, the retail division of a local property giant, to accelerate its expansion there.
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NewsWHSmith nets second-half profit for first time in decade
Bookseller and stationer WHSmith delivered better than expected full-year results, revealing it had been profitable in its second half for the first time in more than 10 years.
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Industry slams credit insurance top-up scheme
Most retailers say the Government’s credit insurance top-up scheme has not helped their business, while one of the biggest insurers admitted the scheme had not been as effective as hoped.
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NewsKingfisher creates innovation role to hold on to market leadership
B&Q owner Kingfisher has created a role of group innovation director to ensure it remains at the cutting edge of retail.
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NewsWilkinson improves conversions on website
Wilkinson has increased customer conversion rates and average order values on its Wilkinson Plus ecommerce site.
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NewsSuperdrug to test concession formats
Superdrug will trial a raft of new concessions in the run-up to Christmas, using the busy shopping period as a testing ground for fresh concepts.
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Real completes its entry into the Ukrainian market.
Metro Group-owned hypermarket Real has opened its first hypermarket close to the eastern Ukrainian port of Odessa, completing its entry into the Ukrainian market.“Entering the Ukrainian market is a further step in the continuing internationalisation of our company,” said Real chief operating officer Didier Fleury at the opening ceremony in ...
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NewsHMV opens its first cinema
HMV has opened a three-screen cinema above its store at The Broadway in London’s Wimbledon, which it hopes will kick-start a new revenue stream.
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NewsCarrefour’s retreat from Russia a mysterious move
French retailer Carrefour has surprised the retail world by announcing its decision to exit the Russian market, having only recently opened its first two hypermarkets in Moscow and Krasnodar.
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Carrefour reports sales rise
Carrefour has reported that sales for its third quarter reached E23bn (£21bn), a rise of 0.5% excluding petrol and at constant exchange rates.In France, market share gains were driven by the strong performance of Carrefour Market – where like-for-likes increased 6% excluding petrol – and the success of Carrefour-branded products. ...
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NewsFlying Brands sales flourish in third quarter
Strong sales at Flying Brands’ gardening business helped keep revenues at the home shopping group in line with expectations in the three months to October 2.
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NewsHarvey Nichols boss warns of slow luxury recovery
Harvey Nichols chief executive Joseph Wan believes a “substantial shift” has occurred in the luxury retail landscape since the banking meltdown from which it will not recover for at least five years.
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NewsNick Wheeler joins My-Wardrobe board
Online fashion retailer My-Wardrobe has appointed Nick Wheeler, founder and managing director of shirt specialist Charles Tyrwhitt, to its board of directors.
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NewsRetailers gear up for best Halloween ever
Halloween is gearing up to be the biggest yet and is set to be a key marker for family spending in the lead-up to Christmas.
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NewsHolland & Barrett kicks off TV campaign for in-store deal
Health foods retailer Holland & Barrett has launched a TV campaign to promote its buy-one-get-one-half-price offer on everything in-store, which it claims is a first for any retailer in the UK.
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Tengelmann close to selling its Plus discount operations in Austria, Romania and Bulgaria
Tengelmann is close to selling its remaining Plus discount operations in Austria, Romania and Bulgaria.The stores in Austria are likely to be sold to Spar (Austria), while the network in Romania is likely to be picked up by Delhaize Group, and the young operation in Bulgaria by Schwarz Group’s Lidl.Closure ...
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Woolworths’ attempt to enter the DIY market under threat
The country’s largest retailer Woolworths’ attempt to enter the DIY market looks under threat after its takeover of hardware retailer Danks has been put in doubt.The competition regulator has raised concerns about Woolworths planned takeover. In a 13-page document, the Australian Competition and Consumer Commission said the purchase of Danks ...
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NewsArgos to undergo brand revamp
Catalogue store group Argos is to revamp its brand, including its logo, to reflect how the business has changed in recent years.