All News articles – Page 1796
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NewsNext raises profit forecast
Next has raised its profit forecast by £30m after a strong start to the year.
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NewsFirst Quench commercial director replaced
First Quench Retailing commercial director Lloyd Stephens has exited the retailer and been replaced by former board director at Somerfield Mike Osmond.
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NewsLakeland launches new-look store in Stratford-upon-Avon
Homewares retailer Lakeland opened a new-look store in Stratford-upon-Avon on Monday.
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NewsTesco mulls separate credit rating for banking arm
Tesco is considering a separate credit rating for its financial services arm as it seeks to step up its banking operation.
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NewsNo green shoots for two years, say retailers
The world’s top retailers do not expect any recovery in the economy for up to two years, denting any hopes of green shoots.
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NewsJJB loan row intensifies
The loan row between Sports Direct’s Mike Ashley and JJB Sports chairman Sir David Jones intensified at the weekend with the disclosure of a letter that supports Ashley’s version of events.
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NewsSun and tourists lift London retail sales
London retail sales once again outperformed the UK during June, helped by good weather and tourists cashing in on the weak pound.
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NewsArgos set to hike prices 5%
Argos is expected to increase its prices by 5 per cent in its new catalogue, as the retailer is hit by the decline of sterling against the dollar.
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NewsAllied Carpet Properties in administration and 51 shops sold to retail arm
Allied Carpet Properties has been placed into administration, and 51 of its stores have been immediately sold to Allied Carpets Retail.
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Metro Cash & Carry unveils turnaround plan
Metro Cash & Carry Germany has unveiled its turnaround programme, designed to turn around the flagging wholesaler.
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NewsInstore reports uplift but expects tough trading
Poundstretcher owner Instore has enjoyed an uplift in trade with the sunny weather but warned that the positive trend does not yet signal a turnaround for the retailer.
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NewsDoubts raised over Arcandor rescue
The break-up or liquidation of parts of troubled German retail group Arcandor has become more likely after the group’s restructuring adviser quit.
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NewsJohn Lewis enjoys 'better week'
John Lewis department stores recorded a sales fall of 1.6 per cent last week in what it described as “one of the better weeks of the year thus far”.
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NewsGrocers slash plastic bag usage by 48%
Food retailers have almost halved the number of carrier bags distributed to customers, reducing their environmental impact.
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NewsRecession takes toll on online sales growth
The recession has started to hit online sales growth as the exponential increases once experienced by the e-tail market have begun to slow, according to new figures.
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NewsUS denim brand True Religion to open first UK stores
US designer denim brand True Religion is to kick off a European standalone store opening programme with a London opening planned for this year.
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NewsJohn Lewis offers first glimpse of Asos-style fashion website launch
John Lewis has unveiled a glimpse of its fashion website set to launch in the autumn.
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NewsAsda unveils blueprint for future store model
Asda opened a mould-breaking store on Monday, which will be a blueprint for wide-ranging changes in other shops if successful.
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NewsNet-a-Porter launches iPhone application
Luxury e-tailer Net-a-Porter has become the latest to take advantage of new mobile phone technology, with an application for Apple’s iPhone and iPod Touch that enables users to shop on the go from their mobile devices.
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NewsSystem lets Tesco suppliers meet label standard
Tesco has endorsed a system created by three technology firms that will allow its suppliers to meet its new labelling standard.