All News articles – Page 1806
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NewsGame like-for-like sales plummet
Computer entertainment retailer Game has reported a 15.4 per cent fall in group like-for-like sales in the 21 weeks to June 27.
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NewsKmart cuts prices for the unemployed
US retailer Kmart has launched a money-off programme for the jobless in its original home state of Michigan.
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NewsWinding up of Woolworths made advisers £14m
Woolworths’ administrator Deloitte, restructuring specialist Hilco and other advisers were paid at least £14m to wind up the variety store group.
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NewsRetailers work with Google to optimise their sites
Retailers including Next, Debenhams and Schuh have completed a research project with Google to investigate how their sites could be improved.
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NewsTesco ‘considers Northern Rock bid’
Tesco is reported to be considering buying nationalised bank Northern Rock ahead of the next General Election.
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NewsEuropean Union approves state loan for Arcandor
The European Union has given approval for the German state to loan insolvent retailer Arcandor €50m (£43m).
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NewsTesco refutes global trade union claims
Tesco has refuted claims from an international trade union which criticised the grocer’s employment practices in some of its overseas markets.
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NewsHigh Street Fashion Week set for Oxford Street
London’s Oxford Street will host the first High Street Fashion Week in September with the hope of attracting more shoppers to the capital’s famous street.
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NewsMarks & Spencer reports improved sales in first quarter
Marks & Spencer reported an improvement in UK sales in its first quarter, buoyed by its 125th anniversary campaign and the timing of Easter.
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NewsB&Q launch monthly bonus scheme for store staff
B&Q has launched a £12m monthly bonus scheme for store staff to incentivise its workforce.
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NewsMobile operator Orange builds larger high street presence
Mobile phone operator Orange is forging ahead with its expansion drive as it seeks to increase its footprint on the high street.
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NewsStock concerns for Threshers franchisees
Some franchisees of troubled off-licence chain Threshers have revealed that they are not receiving stock.
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NewsConsumer confidence returns to growth in June
Consumer confidence has returned to growth after an all time low last year as shoppers started to believe that their own financial situation would improve.
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NewsInstore pins hopes on Poundstretcher as losses mount
Instore will target the value market by converting all of its core store portfolio to its Poundstretcher fascia as it seeks to curb losses that more than doubled in the year to February 28.
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NewsCarpetright profits tumble 72 per cent
Carpetright’s group pre-tax profit has slumped 72 per cent to £16.7m in the 52 weeks to May 2, 2009 as the domestic performance pulled down the group.
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NewsHMV Group posts robust results
HMV Group delivered an 11.5 per cent rise in pre-tax profit to £63m in its full year results.
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NewsM&S shareholder backs Sir David Michels to replace Sir Stuart Rose
Marks & Spencer shareholder the Local Authority Pension Fund Forum (LAPFF) is backing Sir David Michels to replace Sir Stuart Rose as the retailer’s chairman.
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NewsBeales first-half profits slide as outlook remains uncertain
Department store operator Beales has revealed its pre-tax profits fell from £570,000 to £540,000 in the 26 weeks to May 2.
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NewsAsos reveals record year as profits soar 93 per cent
Online fashion retailer Asos has revealed a record year for sales and earnings, with pre-tax profits rocketing 93 per cent to £14m in the year to March 31.
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NewsMichael Jackson’s death prompts album sales surge
The sudden death of pop legend Michael Jackson has prompted a surge in sales of his albums.