All News articles – Page 1749
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NewsDebenhams posts market share and profits rise
Department store group Debenhams took market share from rivals last year, when it also transformed its trading space and increased margin.
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NewsArcadia profits soar
Sir Philip Green’s Arcadia Group has reported a 13% rise in pre-tax profits, despite the recession.
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NewsSainsbury’s takeover talk gathers pace
Renewed speculation about a possible bid by Qatar’s sovereign wealth fund for Sainsbury’s gathered pace yesterday after the fund sold 396 million shares in Barclays.
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NewsArcandor home shopping group Quelle to close
German home shopping retailer Quelle is set to close with the loss of up to 7,000 jobs.
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NewsFamilies £11 a week better off than a year ago
The average family is £11 a week better off last month compared to the same period last year, according to the Asda Income Tracker.
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NewsB&Q launches string of green initiatives
B&Q is launching a raft of new green initiatives including shop-within-shops and eco-advisors in stores.
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NewsOnline spending growth hits record low
Online spending growth hit a record low in September as etailers were hit by heavy discounting on the high street and postal strikes.
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NewsHome Retail Group reveals better than expected first half
Home Retail Group has revealed better than expected trading in the first half as it makes market share advances at both Argos and Homebase.
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NewsDebenhams sets up online stores with Amazon and eBay
Debenhams has become the first department store to open dedicated online stores on both Amazon and eBay’s UK sites.
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NewsLuxe chocolate shop Cocomaya to expand with bakery
London luxury chocolate shop Cocomaya is expanding at the end of the month to open an adjoining bakery.
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NewsZavvi.co.uk becomes Zavvi.com to push European sales
Zavvi has switched its web domain from Zavvi.co.uk to Zavvi.com in an attempt to capture a share of the European market
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NewsRetailers call for trade credit insurance top-up to be extended
About 38% of large retailers and 28% of small and medium-sized retailers have said that the reduction or withdrawal of credit insurance has negatively impacted their businesses and want the trade top-up scheme extended beyond the end of this year.
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NewsKingfisher writes to landlords to secure better terms
B&Q owner Kingfisher has written to landlords demanding similar concessions to those offered to its rival Focus as a result of its Company Voluntary Agreement.
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NewsHMV to open cinema
HMV will open a three-screen cinema this Friday which is likely to be the entertainment retailer’s first in a chain.
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NewsOddbins quashes concerns over financial health
Oddbins has written to its suppliers to quash rumours of financial trouble at the high street off-licence, according to a report in The Telegraph, after former owner Castel lodged a claim against the business following a dispute over money.
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NewsTesco invests £3m in senior staff development
Tesco will spend £3m on senior management training through its Tesco Academy over the next 12 months, marking what it says is the biggest investment in senior team development in the retail sector to date.
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NewsJohn Lovering to step down as Debenhams chairman
John Lovering is expected to step down as Debenhams chairman when the company releases its full year results on Thursday.
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NewsLondon retail sales rise but outlook still uncertain
Central London retail sales put on their strongest growth last month since October 2008, according to the BRC-KPMG London Sales Monitor.
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NewsHabitat may be sold after advisors brought in
Habitat’s Swedish owner has begun a strategic review of the furniture retailer which may lead to a sale of the business.
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NewsFlying Brands sales buoyed by gardening arm
Flying Brands has said that sales for the three months to October 2 were in line with management expectations at £5.53m.