All News articles – Page 1752
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News
Maxeda h1 sales flat
Variety retail group Maxeda has posted a 0.1% rise in net sales for the first half of this year. Net sales amounted to e1.6bn (£1.4bn) while same-store sales declined 1.9%.Operating EBITDA for the Netherlands’ largest non-food retailer decreased 3.7% to e100m (£86m). In the first half of the year, Maxeda ...
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NewsGap to open in China and bring back TV adverts
Gap has announced plans to open its first store in China and to start advertising on TV again after a two-year break.
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NewsPostal strike to go ahead next week
A national postal strike will go ahead next week as the Royal Mail has rejected the Communication Workers Union offer to avoid action.
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NewsSainsbury’s shares rise amid bid rumours
Sainsbury’s shares have risen by as much as 20% amid speculation that the Qatari Investment Authority was planning a renewed offer for the grocer.
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NewsH&M sales hit by warm weather
H&M sales have continued to slide, down 8% on a like-for-like basis in September.
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NewsHarrods to sell gold bars
Upmarket department store Harrods will today start selling a luxury accessory out of reach for most of the UK’s shoppers - gold bars.
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NewsFlying Brands raises £1.76m in share placing
Flying Brands has raised £1.76m in a share placing to repay part of its outstanding debt.
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NewsWHSmith profits up, but sales slip slightly
WHSmith has reported group pre-tax profit has increased to £81m in its full-year results from £76m the previous year but sales have dipped slightly.
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NewsMothercare reports UK like-for-likes up 4.1%
Mothercare has reported UK like-for-like sales up 4.1% in its first half and remains “confident” for the rest of the year.
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NewsStrong retail sales for Burberry
Burberry’s revenue rose 6% year-on-year for the six months to September 30 to £572m, boosted by solid retail sales and a particularly strong performance from the UK and Korea.
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NewsSerious Organised Crime Agency probes former JJB Sports executives
Former JJB Sports executives are facing the scrutiny of the Serious Organised Crime Agency and HM Revenue, piling more pressure on the sports retailer that is already under investigation by the Office of Fair Trading and the Serious Fraud Office.
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NewsN Brown pre-tax profits up 13%
Pre-tax profits at home shopping group N Brown grew 13% to £41.8m in the 26 weeks to August 29.
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NewsM&S reveals homewares and online food ambitions at investor day
Marks & Spencer general merchandise director Kate Bostock has identified homewares as a “huge opportunity” for the retailer, which intends to carve out a market leading position in the category.
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NewsGrocers’ growth continues to slow along with food price inflation
Growth among the grocers continues to slow as food price inflation moderates, according to the latest TNS Worldpanel market share figures.
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NewsSir Terry Leahy lambasts government over education
Tesco chief executive Sir Terry Leahy has hit out on the Government’s track record in education, stating that standards in schools are “still woefully low”.
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NewsMarks & Spencer succession candidates to present at investor day
Several of the internal candidates to succeed Sir Stuart Rose are expected to make presentations at the Marks & Spencer investor day today.
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NewsHomebase launches ‘biggest ever’ home and garden consumer survey
DIY retailer Homebase has launched what it calls Britain’s “Biggest Home and Garden survey” as it seeks to determine the public’s tastes when it comes to the home.
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NewsPostal strike could start on October 22
A national post strike could start as early as next Thursday (October 22) if a last minute deal between the Royal Mail and the Communications Workers Union (CWU) cannot be agreed.
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NewsInflation hits five-year low
The rate of inflation fell to its lowest level in five years in September as household energy prices fell, the Office of National Statistics said.
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NewsAmazon UK to offer free delivery on all products for Christmas
Amazon UK will offer free delivery on all of its products in the run up to Christmas.