All News articles – Page 1761
-
NewsHowards Storage World to open first UK store
Australian storage solutions retailer Howards Storage World is to open its first UK store next month as it outlines plans for 50 shops in the next five years.
-
News
Metro Group sees first signs of a recovery in Eastern European markets
Metro Group has said it is seeing the first signs of a recovery in its Eastern European markets. However, chief executive Eckhard Cordes also warned of tough times ahead in the retailer’s home market of Germany.He said the crisis was not over yet and pointed out that Europe’s largest economy ...
-
NewsWeak releases dampen Game profits but outlook is positive
Computer entertainment group Game posted a slump in first-half profits, but the plunge was in line with expectations.
-
NewsFindel focuses on costs as sales fall
Home shopping group Findel, which successfully raised £81m over the summer through a share placing and open offer, has posted a 5% fall in group like-for-like sales.
-
NewsRetail stock interest expected to continue
Stores rebounded after the recent bout of profit taking and outperformed the market, but food retail stocks remained mired ahead of results from Tesco and Sainsbury’s.
-
News
Lotte Shopping considers entry into India
Retail group Lotte Shopping is considering entry into India. Department store division director Daniel Kim said the group – the country’s largest retailer – plans to invest about KRW360bn (£174m) in overseas businesses this year, following on from market entries into Russia in 2007 and China last year.In addition, the ...
-
NewsFrench Connection looks at strategy as losses grow
French Connection has launched a strategic review after interim losses surged to £12.8m from £5.4m.
-
NewsThreshers franchisees claim supply still lacking
Franchisees of Threshers, the off-licence chain owned by First Quench Retailing, have claimed that the lack of supply continues to hamper their businesses.
-
NewsTesco promotes fresh food chief Colin Holmes
Tesco has promoted its fresh foods chief to the executive committee.
-
News
Women’s chain East upgrades head office IT
Women’s clothing and accessories chain East is to improve its reporting, critical path management, allocation and replenishment processes after upgrading its head office system.
-
News
Toys R Us to open pop-up stores in malls and shopping centres
Toys R Us is to open pop-up stores in malls and shopping centres and inside its Babies R Us shops as it tries to revive Christmas sales this year.The speciality toy retailer plans to open nearly 350 such shops in the US and Puerto Rico by early October, giving it ...
-
NewsHabitat launches Europe marketing capaign with Helena Christensen
Furniture and homewares retailer Habitat is launching a marketing campaign across Europe featuring supermodel Helena Christensen.
-
News
Carrefour launches campaign
Carrefour has launched a campaign highlighting six menu ideas at less than e1 (86p) per person.Produced by Publicis, the campaign will run on TV and in the grocer’s 1,200 French stores.The menus, made using Carrefour own-branded products, are intended “to reduce the daily food bill while purchasing power is at ...
-
News
Conforama to test smaller format called Confo Deco
PPR-owned household goods retailer Conforama is to test a new smaller format called Confo Deco, the first of which is expected to open in France in the first half of next year.Confo Deco will cover about 5,380 to 8,610 sq ft and focus on home decoration. Stores will be located ...
-
NewsB&Q tests new trade offer
B&Q is trialling an in-store trade offer called Trade Point in four stores as it seeks to maximise synergies with sister chain Screwfix.
-
NewsYouth unemployment won’t hit JD, says boss
JD Sports Fashion chief executive Barry Bown said he was cautiously optimistic about prospects for the year ahead and shrugged off concerns that rising youth unemployment could slow growth.
-
NewsBlockbuster to shed stores as it rethinks strategy
US-based DVD rental company Blockbuster has announced it is planning to close as many as 960 stores in the US, representing more than a fifth of its total US stores, by the end of next year.
-
NewsNext to roll out dedicated areas for footwear
Next is to introduce dedicated footwear departments, dubbed The Shoeroom. The fashion retailer tested the format at the end of July and wants to roll it out this autumn.
-
NewsArcadia merges Burton and Bhs menswear role
Sir Philip Green’s Arcadia fashion group is understood to have promoted Burton brand director Wesley Taylor to head menswear for Burton and Bhs as part of the merger of Bhs with Arcadia.
-
NewsUK set for another tough year, warns Boden chief executive
Boden chief executive Julian Granville said that he expects the UK market to remain tough next year, as likely future tax increases bite into consumers’ disposable income.