All News articles – Page 1814
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NewsTed Baker sales lifted by strong UK performance
Ted Baker has reported a surge of 15.2 per cent in retail sales for the 19 weeks to June 13 and said its gross margins have so far been in line with expectations.
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NewsIndia offers greatest retail opportunities study shows
India offers the greatest investment opportunities for international retailers, a study has found.
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Visa charges to retailers ‘completely unfair’ claims Eurocommerce
EuroCommerce, an intervenor in the appeal loged by Mastercard with the European Court of Justice, has lodged a new complaint against Visa Europe claiming that its charges to retailers are an infringement of European competition law.
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NewsHobbs appoints Alana Mazza as retail director
Hobbs has appointed former Principles retail trading director Alana Mazza as retail director of the upmarket fashion brand.
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NewsRetail Interiors Awards deadline extended
The deadline for the Retail Interiors Awards has been extended until June 19.
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NewsMatalan defies retail gloom
Matalan has revealed that like-for-likes rocketed 8.2 per cent in the 14 weeks to June 6 after posting robust full-year results.
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NewsTesco builds Chinese mall
Tesco will open its first shopping centre in the northeastern Chinese city of Fushan later this year.
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NewsProfits collapse at Majestic Wine
The tougher economic climate has hit home at Majestic Wine, which saw sales for the year to March 30 rise 2.4 per cent to £201.8m, but pre-tax profits fall 55.8 per cent to £7.4m.
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NewsLondon sales growth dips in May
Retail sales in London last month grew at their slowest rate this year, according to the BRC-KMPG London Retail Sales Monitor.
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NewsPoor exchange rate could force non-food price inflation
Sterling’s weakness could leave the UK with more than £20bn of extra costs over the next year, raising the threat of higher prices for shoppers, according to reseach from PwC.
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NewsHot weather holds back John Lewis but helps Waitrose
Hot weather in the early part of last week held back John Lewis’s sales, but helped Waitrose to a strong week.
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NewsHamleys makes a loss of £2.7m
Iconic toy retailer Hamleys made a loss of £2.7m in the year to March 31, 2008 as its annual interest bill increased.
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NewsAldi UK boss Paul Foley lashes out at supplier bullying
Suppliers must refuse to be “bullied” into not supplying discount retailers by the sector’s giants, Aldi UK and Ireland group managing director Paul Foley said yesterday.
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NewsDavid Ross raises £38m from Carphone Warehouse share sale
Former Carphone Warehouse director David Ross, who stood down as deputy chairman last December, has sold 24 million shares in the retailer – about 15 per cent of his stake.
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NewsWoolworths dispute taken to High Court
Woolworths’ administrator Deloitte and BBC Worldwide are expected to face each other in court today over the value of the latter’s joint venture with the defunct variety store group.
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NewsIceland profits skyrocket as it sidesteps recession
Iceland chief executive Malcolm Walker has declared that the retailer is “not taking part” in the recession after revealing record sales and profits.
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NewsHollister secures deals to double UK portfolio
US fashion brand Hollister has pressed on with aggressive expansion plans across the UK, adding four more stores to its portfolio, and entering talks for another four to five.
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NewsCOO parachuted in to steady struggling Threshers owner
A new chief operating officer has been parachuted in to troubled Threshers owner First Quench Retailing, replacing its IT and central operations directors, who have both left the business.
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NewsStefano Pessina defends Andy Hornby hiring as key to Alliance Boots progress
Stefano Pessina has said that Alliance Boots’ 115,000 staff should not be concerned at the appointment of Andy Hornby as group chief executive, despite his association with the HBoS shipwreck.
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Media Markt plans more stores in Turkey
Media Markt, the consumer electronics group owned by German retailer Metro Group, plans to open a further seven stores in Turkey by the end of this year.The move is part of Media Markt’s strategy to become the leader in the Turkish market by 2010. The retailer has opened nine stores ...