All News articles – Page 1811
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NewsBaugur: who knew what?
Baugur’s financial woes were known about almost a year before it finally collapsed, a new book claims.
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NewsLittlewoods Direct to undergo Very rebrand
Shop Direct Group is to rebrand Littlewoods Direct as it seeks to develop its appeal to a younger online customer base.
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NewsEx-Somerfield boss Paul Mason eyes punch-drunk Threshers
Former Somerfield chief executive Paul Mason has cast his slide rule over troubled off-licence chain Threshers, it is understood.
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NewsAmazon UK readies footwear site
Amazon UK is primed to go live with a standalone shoes and accessories offer this autumn.
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NewsHarvey Nichols to bolster stores appeal by adding fashion online
Luxury department store retailer Harvey Nichols is to sell a selection of its fashion offer online for winter.
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NewsB&M Bargains sets sights on 400 stores as profits soar in downturn
Value retailer B&M Bargains has unveiled a sparkling set of full-year results and vowed to increase its store numbers to 400 across the UK.
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NewsHouseholds better off but still reluctant to spend
The average household’s discretionary income has risen by 25 per cent to £1,075 over the past 12 months, but consumers remain cautious about splashing out in stores.
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Perfume Shop relocates second warehouse
The Perfume Shop has moved its second warehouse from Maidenhead to Dunstable to aid growth.
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NewsM&S to transfer IT staff in outsourcing move
Marks & Spencer is to transfer employees within its IT department to a third-party supplier as part of a deal that will outsource technical support staff.
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NewsSupermarkets to intensify online non-food push
Supermarkets look likely to steal a further slice of general retailers’ sales as both Tesco and Sainsbury’s revealed plans to extend their non-food operations in their first-quarter trading updates this week.
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NewsMatalan web transaction prices higher than in stores
Matalan has revealed that the average transaction price on its fledgling website is almost a third higher than in its bricks-and-mortar stores after the site’s successful launch.
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NewsHomebase scores for Home Retail Group
Recent sunny weather has helped DIY chain Homebase, which notched up a like-for-like sales increase of 3.8 per cent in the 13 weeks to May 30.
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Gap outlines growth plans
US Gap chairman and chief executive Glenn Murphy has outlined domestic and international growth plans and intends to expand the retailer’s Outlet business with new shops in the UK, Japan and Canada.Murphy said Gap’s online and international business has grown by $500m (£305.6m) between 2006 and 2008 and both areas ...
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NewsThe Entertainer to localise promotions
Toy retailer The Entertainer is to localise its promotions and slash the time taken to roll out special offers to stores with the introduction of a signage system and mobile printers.
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NewsSuperdrug hiring of Steve Jebson fuels ‘son of Woolies’ doubts
Former Woolworths commercial director Steve Jebson has been appointed to the same role at Superdrug, the health and beauty giant owned by AS Watson.
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NewsRyman on the expansion trail as deals improve
Ryman is on the expansion trail as it takes advantage of good property deals while making a “significant” investment in its online strategy.
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NewsMajestic Wine to stay expansion course despite profits plunge
Majestic Wine chief executive Steve Lewis will press ahead with expanding to 250 branches from 150 over the next five to 10 years, despite a profits plunge.
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Neiman Marcus considers selling lower-priced goods
US Luxury department store chain Neiman Marcus will consider selling some lower-priced goods after sales plunged 24 per cent year on year in its third quarter.Although Neiman Marcus will not abandon higher-priced products, it said it would merchandise goods with a greater range of price points.Chief executive Burt Tansky told ...
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NewsConran Shop launches entry-level price range
The Conran Shop is to roll out a lower-priced range in an attempt to introduce new customers to the brand who might have perceived it as too expensive.
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NewsSteady Game trading gets mixed reaction from City
Computer entertainment group Game reassured that trading has remained “in line with expectations” in recent months but did not disclose exact numbers.