All News articles – Page 1773
-
News
Manchester centre offers deals to fill voids
Landlord Aviva has launched a short-term pricing deal for its Triangle Shopping Centre in Manchester.
-
NewsFive fashion retailers sign up at St David’s shopping centre
Five fashion retailers have signed up to the new extension at St David’s shopping centre in Cardiff, which opens on October 22.
-
News
Carrefour reports larger than expected loss
Carrefour has reported a larger than expected €58m (£51.1m) loss in its first half, compared with a €747m (£655.7m) profit a year earlier.The grocer plans to spend as much as €600m (£528.8m) on discounts and marketing this year to improve sales in France. Revenue fell 1.6% in the first half ...
-
NewsMamas & Papas sales lift bucks downturn
Nursery and maternity specialist Mamas & Papas has defied the gloom to post a 28% uplift in total sales in its growing maternity range since the start of its financial year on February 1.
-
NewsDSGi’s John Browett signals lift in consumer mood
DSGi chief executive John Browett has voiced optimism that the consumer economy is improving after shoppers proved willing to trade up in recent months.
-
NewsMusgrave pushes broadband to unite its partners
Musgrave Retail Partners GB will encourage owners of its Londis and Budgens stores to adopt a broadband network it has trialled in a number of company-owned stores.
-
News
Borders reports widening losses
Book retailer Borders reported widening losses of $12.7m (£7.8m) for its second quarter, compared with a loss of $10.5m (£6.4m) for the same period last year.Quarterly sales were $616.8m (£378.1m), down 17.7% from a year ago. Comparable store sales fell 17.9% and 10.8% at Borders superstores and Waldenbooks stores respectively.Chief ...
-
NewsBlinding light bulb sales as ban sparks hoarding
Sales of incandescent light bulbs have shot through the roof as shoppers stock up in the wake of the European ban, brightening up DIY retailers’ trade.
-
News
Australian Woolworths reports sales growth
Multi-sector retailer Woolworths – which operates supermarkets, pubs, and forecourt, liquor and electronics stores – reported group sales growth of 5.4% to AUS$49.59bn (£24.34bn) for 2008/09.Food and alcohol sales increased 9.6% to AUS$32.8bn (£16.9bn), with comparable sales rising 7.4%. New Zealand supermarket sales were up 3.9% on last year, while ...
-
News
Woolworths-Lowe’s deal signals lift for Australia
Woolworths Australia this week announced plans to move into the DIY sector with a joint venture with Lowe’s, America’s second-largest home improvement chain.
-
NewsAnalysts welcome Majestic Wine changes
Majestic Wine revealed on Monday that it was reducing its minimum order size to six bottles after a trial in selected stores over the past year.
-
NewsClubcard will allay Tesco doubts, says broker
Broker ING has upgraded Tesco ahead of next month’s interim results, despite concern among some analysts that the grocer is suffering at the hands of resurgent rivals.
-
NewsNext incorporates all brands into main site
Next has abandoned its branded standalone fashion website Brand Directory and incorporated it into its main website.
-
NewsThe Entertainer profits slide but Woolworths closures aid recovery
The Entertainer suffered a fall in pre-tax profits from £674,643 to £38,722 in the year to January 31, but the toy chain said it is on course to post record profits in its current financial year as sales soar.
-
NewsRatings agency marks Marks & Spencer a ‘low credit risk’
Ratings agency Fitch has affirmed its BBB rating and “negative” outlook on Marks & Spencer.
-
NewsDanish accessories and jewellery brand to hit UK
Danish accessories and jewellery brand Pieces Accessories has secured its first UK standalone shop at Grand Arcade in Cambridge.
-
NewsMarket wobbles but positive signs abound
The market was hit by a bout of nerves following the recent bull run and the FTSE 100 suffered its biggest loss of value in two months. General retailers performed slightly below the market but food groups, which have frequently been out of favour lately, remained almost flat.
-
News
Staples announces a 9% increase in sales
Office specialist Staples announced a 9% increase in sales to $5.5bn (£3.37bn) for its second quarter. In North America retail sales decreased 5% to $2bn (£1.23bn).Comparable store sales decreased 5% against 2008, reflecting declines in average order size and weakness in durable categories such as business machines and furniture. Internationally, ...
-
NewsPhones 4U's Theubar.co.uk is a virtual customer panel
Phones 4U last week revealed the uBar, a virtual customer panel that will target its core 16- to 24-year-old market. Similar to the MindBubble and New Look online research communities, the idea is that the site will be used to ask questions of the customers that get involved, but also ...
-
News
Casino’s first-half net profits hit €231m
French grocer Casino’s first-half net profits hit €231m (£203.5m), up from €229m (£201.8m) in 2008, while operating profit fell 9.1% to €488m (£430m).The retailer now expects to have implemented a €1bn (£881.1m) asset disposal programme by the end of next year. It also plans to strengthen its appeal by developing ...