All News articles – Page 1786
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NewsKaupthing retailer loans investigated
Details of loans made by collapsed Icelandic bank Kaupthing to a company owned by retail entrepreneur Kevin Stanford have been passed to criminal investigators in Iceland.
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NewsAuditors raise concerns about Borders UK
Borders UK auditor Ernst & Young raised doubts about the ability of the bookseller to continue as a going concern, according to accounts filed at Companies House.
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NewsUS sales down 4.7% in July
US retail sales fell again in July marking the 11th consecutive month of sales declines in the country.
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NewsOFT refers Sports Direct acquisition of JJB Sports stores to Competition Commission
The Office of Fair Trading has referred Sports Direct’s acquisition of 31 stores from rival JJB Sports to the Competition Commission.
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News‘Staycations’ boost John Lewis sales
John Lewis has reported a 5.6% rise in sales in the week ending August 1, crediting increased footfall, the weather and the trend towards ‘staycations’.
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NewsMothercare relaunches its maternity range
The mother and baby retailer has relaunched its maternity range to focus on fashion and comfort.
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NewsRough Trade website to match in-store offer
Iconic independent music retailer Rough Trade will relaunch its website in September to synchronise its online operations with what it does in stores.
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NewsRetailers run on as updates hold promise
Investors once again went on a trolley dash for store stocks, helping general retailers outperform the market.
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NewsGreen shoots and toxic waste
Two years into the credit crunch, hopes are rising that an end to hard times could be on the horizon.
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NewsRetailers to gain if recovery of pound sustained
Retailers are poised to reap earnings and margin gains if the recovery of the pound is sustained and relieves pressure on buying costs.
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NewsFreemans Grattan relaunches website
Home shopping group Freemans Grattan will this month relaunch its Kaleidoscope homewares and fashion website to deliver an improved customer experience.
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Retail sales fall in Germany
Retail sales fell 1.8 per cent month on month in June as the global crisis maintained its grip on Europe’s biggest economy.The drop followed a 1.3 per cent decline in May and contrast with economists’ expectations that the country’s sales would improve slightly or, at worst, be flat in June.On ...
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NewsHMV seeks fashion links to extend range
HMV is in talks with apparel retailers and brands with a view to ramping up its clothing offer, as it continues looking beyond its traditional categories to increase revenue.
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Metro's EBIT plummets
Metro’s EBIT plummeted 20 per cent to €307bn (£260.99bn) in the second quarter due to costs associated with its efforts to restructure the business.Sales for the period dropped 3.8 per cent to €15.3bn (£13.1bn) because of currency fluctuations in Eastern Europe.Over the first half, group sales slid 3.2 per cent ...
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NewsTesco insurance hiring signals finance drive
Tesco has hired former Royal & Sun Alliance director Julie Hopes as commercial director, general insurance, as it continues to ramp up its Tesco Personal Finance division.
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NewsThe Entertainer ramps up digital marketing
Toy specialist The Entertainer is to extend its digital advertising efforts in anticipation of a bumper Christmas online.
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NewsTopps Tiles like-for-like sales decline slows
Topps Tiles’ like-for-likes fell 10.9 per cent in the 18 weeks to August 1 as declining consumer confidence continued to knock the retailer.
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Revenues at PPR decline
Revenues at retail and luxury group PPR declined 3.6 per cent to €9.2bn (£7.9bn) in the first half.At its entertainment fascia Fnac, sales in its home market were down 5 per cent. Fnac’s operations in Belgium, Portugal and Brazil showed solid growth, whereas sales in Spain continued to deteriorate, dropping ...
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NewsFocus CVA plan to offload ‘dark’ stores receives positive reaction
Focus DIY’s proposed company voluntary arrangement (CVA) will be well received by creditors, according to analysts and landlords.
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Voice picking cuts stock gaps at Poundstretcher
Poundstretcher has improved the accuracy of its store replenishment with a voice-directed warehouse system.