All News articles – Page 1750
-
NewsJJB shareholder sells 22 million shares ahead of capital raising
One of JJB Sport’s largest shareholders, Crystal Amber Fund, has sold over half of its shares in the retailer but says it will support its proposed capital raising.
-
-
NewsMothercare signs new joint venture to further growth in India
Mothercare has signed a new joint venture with DLF Brands to further its expansion plans in India.
-
NewsOnline retailers investigated by OFT
Online retailers are being investigated for the practice of targeted pricing and advertising while supermarkets’ Bogof offers are also being scrutinised.
-
NewsJohn Lewis sales up 13%
Total sales at John Lewis grew 13.3% on last year for the week to October 10.
-
NewsCarrefour to pull out of Russia
Carrefour is to pull out of Russia just months after opening its first stores in the country.
-
NewsClinton Cards reports improvement in second half
Clinton Cards has reported a marked improvement in second half like-for-like sales after reducing borrowings and ditching its loss-making Birthdays business.
-
News
US Retail sales rise
US Retail sales have risen for the first time since the financial crisis started in September last year.This year, September’s sales were up 1.1% on the same month last year, according to the Retail Metrics like-for-likes sales index. The rise was attributed to stronger autumn fashions, more aggressive promotional activity ...
-
NewsWestfield London signs luxury retailers to The Village
Westfield London has secured a raft of retailers for its luxury area as it nears its one-year anniversary.
-
NewsH&M and HMV target Oxford Street Zavvi site
Entertainment retailer HMV and fashion chain H&M are in the final stages of signing for shops in the prominent former Zavvi store at the east end of London’s Oxford Street.
-
NewsHalfords to increase its online-only range
Halfords is to ramp up its online operations and revealed a 2.2% uplift in second-quarter sales.
-
News
Gianni Versace plans Japan exit
Designer fashion brand Gianni Versace plans to exit the Japanese market due to a slowdown in consumer spending.Its three stores in Tokyo, Osaka and Chiba will be shut and liquidation measures are expected to be complete by the end of the year. “The Versace boutiques in Japan no longer represented ...
-
News
Family Dollar Store profits up
Family Dollar Stores posted a 25% net income increase to $291.3m (£178.2m) for the financial year ending August 29, up on the $233.1m (£142.6m) reported the year earlier. Operating profit, as a percentage of sales, was 6.1% for the period compared with 5.2% last year. Sales were $7.4bn (£4.5bn), a ...
-
News
Shop Direct’s Very gets off to sell-out start
Shop Direct Group has said its new Very offer had a promising start, which was rebranded from Littlewoods Direct in July.
-
News
Co-op plans price cuts as like-for-likes swell
Co-operative Group is to continue to drive down prices at its food division to compete with the big four grocers after revealing market-beating like-for-like food sales in its interim results.
-
NewsGeorge collaboration portal cuts overseas costs
George is using an online collaboration portal to deliver “George in a box” to Wal-mart’s businesses around the world.
-
News
JC Penney signs Liz Claiborne licensing deal
US Department store chain JC Penney has signed a licensing agreement with Liz Claiborne to exclusively sell its namesake line of clothing in stores beginning in autumn next year.The 10-year deal includes 30 categories from apparel and accessories, including jewellery, shoes anda home merchandise. After five years, JC Penney will ...
-
News
Danish variety chain Tiger plots UK expansion
Danish variety store group Tiger is embarking on UK expansion and plans to open 20 shops in the next two years.
-
News
PPR to float CFAO
Luxury and retail group PPR has announced plans to float its CFAO distribution unit.The African division will be floated on the Euronext stock exchange in Paris by the end of the year, subject to favourable market conditions. The high-growth CFAO unit generated sales of e2.86bn (£2.45bn) last year.
-
NewsShopper certainty ‘won’t recover with economy’
The majority of shoppers will be more careful about spending money in the future than they are currently regardless of economic recovery, according to research published by grocery analyst IGD.