All News articles – Page 1774
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NewsEntries open for Oracle Retail Week Awards 2010
The deadline for entries to the 2010 Oracle Retail Week Awards, the biggest event in the retail calendar has been extended to November 6.
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News
Lianhua records a 2.2% growth in turnover
China’s largest grocer, Lianhua, recorded a 2.2% growth in turnover to CNY10.98bn (£984.5m) in the first half of the year. However, the impact of the financial crisis and a slump in consumer goods prices meant that same-store sales fell 1.7%.Net profit was up 10% to CNY250m (£22.4m). The group continued ...
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News
Cencosud reports a 16% decrease in net sales
Grocery retailer Cencosud reported a 16% decrease in net sales to CLP1.24 trillion (£1.38bn) in its second quarter.The retailer was knocked by the financial crisis and adverse exchange rates in the international markets where it operates.Meanwhile, rival Falabella reported CLP832.8bn (£924.2m) sales for its second quarter, 7.8% lower than the ...
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NewsGap international sales fall 12% in August
Like-for-like sales at Gap’s international division, which includes its UK stores, fall by 12% in August.
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NewsTesco enlists former shoplifter to help with in-store crime
Tesco has enlisted a former professional shoplifter to give the grocer advice on how to stay ahead in terms of crime in its stores.
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NewsM&S sends Mylene Klass on the road
Myleene Klass is launching Marks & Spencer’s new brand with a style tour of Britain.
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NewsDiscount store numbers climb by 60%
The number of discount shops such as Poundland and 99p Stores has surged by 60% during the downturn.
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NewsMatalan to create 1,800 new jobs
Value retailer Matalan has revealed plans to hire 1,800 new staff.
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NewsHMV posts sales rise and strikes digital deal
Entertainment group HMV notched up a 1.7% rise in like-for-like sales at its eponymous UK and Ireland business in the 18 weeks to August 29.
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NewsDebenhams cuts costs with IT helpdesk automation
Debenhams has cut the costs of running its IT helpdesk by 25% with the deployment of a service management system that has allowed it to automate some processes.
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NewsMothercare picks planning system for international business
Mothercare has selected a pre-season planning application from Torex to support its growing International division.
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NewsM&S on verge of appointing headhunter for chief executive search
Marks & Spencer is on the verge of appointing a headhunter to begin its search for a new chief executive to replace Sir Stuart Rose next year.
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NewsAugust footfall steepest decline in seven months
Footfall on the UK high street fell 4.1% in August as high temperatures kept shoppers out of stores.
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NewsDSGi reports ‘encouraging’ start to its year
DSG International has reported an “encouraging” start to the year with total group sales down 6% in Sterling and like-for-like sales down 6%.
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NewsShopping centre offers short-term deals to attract retailers
A new initiative to draw in retailers has been launched by bosses at the Triangle Shopping Centre in Manchester.
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NewsAmerican Apparel advert banned
A “provocative” fashion advert for American Apparel featuring a model showing part of her nipple has been banned because the model looked like a child.
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NewsMore retailers expected to go bust in 2010
The number of retail businesses going bust is set to continue next year as rising unemployment is expected to continue to impact consumer spending.
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News
Styles & Wood unveils sharp half-year profit fall
Styles & Wood, the property services company that headed Retail Week’s top shopfitter league in 2008, has unveiled a dramatic loss for the half-year to June 30.
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NewsClarks chief executive Peter Bolliger to retire
Clarks has announced its chief executive Peter Bolliger will retire next year.
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NewsMorrisons freezes fuel prices
Morrisons is to temporarily freeze the price of its fuel despite the Government’s 2p a litre rise in duty from Wednesday.