All News articles – Page 1767
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NewsBest Buy profits slide in second quarter
US electricals giant Best Buy, which will open its first big-box stores in the UK next spring, has posted a 22% fall in profits for its second quarter.
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NewsFalling food prices drive lower CPI inflation
The Consumer Prices Index annual inflation rate fell to 1.6% in August compared to 1.8% in July.
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NewsEU sanctions could hit clothing imports from Sri Lanka
Retailers including Next, Marks & Spencer and Tesco could have their clothing supply from Sri Lanka hit as the EU looks set to withdraw funding from the country.
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NewsNew stars poised to join Marks & Spencer Christmas campaign
Marks & Spencer is reported to have signed television stars Joanna Lumley, John Sergeant and Stephen Fry to star in its key Christmas advertising campaign.
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NewsDebenhams on track to hit profits despite sales fall
Debenhams has forecast a rise in annual profit despite store revamps impacting on the retailer’s sales.
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NewsDunelm sales recovery in the second half
Value homewares retailer Dunelm has reported pre-tax profit is up 6.8% to £52.5m in its full year results, helped by a strong sales recovery in the second half.
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NewsShop Direct brings in chief to run financial services arm
Home shopping group Shop Direct has brought in Neil Chandler in a newly created role of chief executive of its financial services arm.
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Retailers braced for Dan Brown frenzy
Booksellers are bracing themselves for blockbuster sales of a book tipped as the biggest publishing event since JK Rowling’s Harry Potter and the Deathly Hallows two years ago.
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NewsAdili to open stores for the first time
Adili is expanding its reach by opening its first stores under its new name Ascension.
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NewsJohn Lewis to ramp up fashion credentials
John Lewis is to launch a luxury shop fit for its womenswear range in its Cardiff store to drive its fashion credentials as it relaunches its online clothing site.
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NewsLosses widen for Adili
Losses for ethical etailer Adili, now trading as Ascensiononline.com, have widened to £1.9m in the year to April 30 from £1.58m the year before.
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NewsGap opens pop-up store to celebrate 40th anniversary
Gap has opened a 40th anniversary pop-up store in Kingley Court, off London’s Regent Street.
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NewsSales growth slows in London
Retail sales growth in London hit its lowest levels for four years with like-for-like sales in August dropping 5.9% for the month.
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NewsSainsbury’s appoints David Tyler as chairman
Sainsbury’s is understood to have hired David Tyler to become its next chairman.
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NewsAsda launches Asian clothing line
Asda has launched a line of Asian clothing in what is thought to be the first such move by a high street retailer.
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NewsRefinancing repesents ‘new beginning’ for Robert Dyas
Hardware retailer Robert Dyas has launched a 100-day invigoration programme after striking a refinancing deal.
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NewsArthur Ryan steps down as Primark chief executive
Primark boss Arthur Ryan will step down as chief executive of Primark from Sunday, but will remain chairman of the value fashion retailer.
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NewsAsda slashes petrol prices
Asda has cut the price of petrol by 2p a litre and diesel by 1p and challenged other retailers to follow suit.
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NewsBack to school buoys John Lewis sales
Good weather and a late rush of back to school spending pushed sales at John Lewis ahead 1% last week to £54.07m.
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NewsControversial Lidl chief to head up UK division
Discount grocer Lidl has drafted in the former managing director of its German operation Frank-Michael Mros to head up its UK division.