All News articles – Page 1808
-
NewsScribbler to grow as it eyes cheap deals
Card retailer Scribbler is forging ahead with expansion plans that will extend its reach across the UK, despite the gloom in the greetings card sector.
-
News
Japanese grocer to launch own-label range at its discount chain
Seven & I-owned grocer Ito-Yokado is to launch an own-label range at its discount chain, The Price.The discounts in the range have been achieved through the use of irregularly shaped produce and simplified packaging. Prices will be around 30 to 50 per cent lower than branded products. The range includes ...
-
News
Carrefour chief exec reportedly plots cost cutting drive
Carrefour chief executive Lars Olofsson is plotting a major cost-cutting drive to save it €2bn (£1.7bn) by 2012, according to French press reports.The grocery giant will update its 500 key executives this week on the plan to make it a more “agile” business, able to grow more rapidly and gain ...
-
NewsHalfords calls on mobile phone market to offset sat-nav slump
Halfords is to start selling mobile phones online and in 100 of its largest stores as it seeks to expand its in-car technology offer.
-
NewsSoaring White Stuff profits buck fashion trend
Lifestyle retailer White Stuff has defied the gloom in the tough fashion market to report record full-year profits.
-
NewsTesco brings touch of Britain to Fresh & Easy
Tesco has introduced some classic British favourites such as Marmite and Heinz baked beans at selected Fresh & Easy stores in the US.
-
NewsBorders UK courts suitors for sale of the business
An information memorandum is understood to have been sent out for book retailer Borders UK, which could result in a potential sale of the troubled retailer.
-
NewsBoots UK severs ties with ethical body
Boots UK has ended its membership of ethical trading standards body the Ethical Trading Initiative (ETI), prompting criticism from the organisation.
-
NewsBeaverbrooks poised for trial of in-house EPoS
Jewellery retailer Beaverbrooks is to pilot the EPoS system it has developed in-house before the end of this month.
-
NewsBlacks upgraded on back of funding hopes
Broker Singer Capital Markets has upgraded Blacks Leisure on the assumption that the troubled retailer will successfully win additional funding.
-
News
Barnes & Noble scales back its expansion plans
Bookseller Barnes & Noble has scaled back its expansion plans in the recession. America’s largest book chain by sales had planned to open 35 superstores this year, but now has only 15 in the pipeline. Most of these are replacing existing branches that have closed or are being relocated.Barnes & ...
-
News
Retailers scale back expansion plans in China
Retailers are scaling back or delaying expansion plans in China as investors express concern about over-expansion and demand falls among Chinese shoppers.Grocer China Resources is to cut back its openings to 200 rather than 300, and fashion retailer Giordano International has shut 14 stores in China in the first quarter ...
-
NewsLipsy website to relaunch by autumn
Young-fashion brand Lipsy is to relaunch its website using parent Next’s e-commerce platform less than a year after its existing site going live.
-
NewsAsda drives non-food shopper ratings online
Asda intends to ramp up its use of customer ratings and reviews for its non-food ranges sold online.
-
News
Former Arcandor chief executive denies part in the group's downfall
Former Arcandor chief executive Thomas Middelhoff has denied he played a part in the downfall of the retail and tourism group.Arcandor was forced into insolvency earlier this month after the state refused to grant it aid on the grounds that its problems pre-dated the recession.“I am convinced that we have ...
-
News
Petsmart appoints its president to chief executive role
Pets products retailer Petsmart has appointed its president and chief operating officer Bob Moran to the role of chief executive.Moran replaces Phil Francis, who will remain chairman and relinquish day-to-day control of the retailer. Francis will take on the more advisory role of executive chairman.Petsmart, which operates around 1,100 stores ...
-
News
Schwarz Group fastest riser according to Planet Retail
Discount grocers are continuing their march on the competition, with Lidl owner Schwarz Group being the fastest riser in Planet Retail’s Top 20 Grocery Retailers 2008.Schwarz jumped from ninth to fifth place last year as the global downturn continues to accelerate growth for discount chains.The research also revealed that the ...
-
NewsH&M expansion plans to accelerate in second half
H&M is to ramp up expansion plans in the second half of this year as it seeks to take advantage of cheap property deals.
-
NewsAbercrombie & Fitch axes Ruehl as it sticks to younger market
The polished and sexy world of Abercrombie & Fitch hit a rather unsightly bump in its growth plans last week as it announced it was closing its high-end Ruehl brand.
-
News99p Stores guns for growth as profits soar
Value retailer 99p Stores is gunning to break the £200m turnover barrier and operate 120 stores by the end its financial year.