All News articles – Page 1816
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News
Signet sales slip but still rated a buy
Global sales at retail jeweller Signet fell 7.3 per cent to $762.6m (£472.9m) in the 13 weeks to May 2, with same-store sales down 2.9 per cent.
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BRC wins concessions on rates and credit insurance
The British Retail Consortium has claimed victories this week in the fights against spiralling business rates and trade credit insurance woes.
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NewsKaren Millen to boost experience with site revamp
Karen Millen is to relaunch its website within the next three months to introduce a more personalised customer experience.
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NewsStartriteshoes.com boosts sales and benefits retail partners
Classic brand Start-rite Shoes has built incremental sales with a transactional website that also gives its retail partners access to multichannel services.
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NewsSales dip but second half stability beckons
Although BRC sales data for May revealed a 0.8 per cent dip in like-for-likes, brokers took comfort in the fact that the fall was not worse and at the prospect of easier comparisons later in the year.
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NewsArgos trials festival store at Isle of Wight
Argos is testing a new mobile store format at this weekend’s Isle of Wight music festival.
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NewsHouse of Fraser reintroduces IT director to aid service
House of Fraser has reintroduced the role of IT director as part of a drive to improve customer service.
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NewsWHSmith ‘good value’ after positive quarter
Bookseller and stationer WHSmith has revealed better than expected third-quarter sales.
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Aggressive Ackman falls flat after failed Target coup
The latest boardroom battle that William Ackman, head of US hedge fund Pershing Square Capital Management, has waged has ended in tears – literally, according to US reports.
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Wal-Mart will not “accelerate” Marketside openings
Wal-Mart will not “accelerate” openings of Marketside, the store format developed in response to Tesco’s Fresh & Easy US chain.Wal-Mart Stores vice-chairman Eduardo Castro-Wright said: “The test we’ve had in Phoenix, we’re pleased with. Given the current economic conditions we are not accelerating the effort until we have better data ...
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NewsAsda supremo to spearhead Wal-Mart academy for ‘generation of marketers’
Wal-Mart has set up an international academy of marketing excellence based at Asda and headed by Asda director and Wal-Mart chief international marketing officer Rick Bendel.
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News
X5 moots expansion into Ukraine
X5, the largest grocer in Russia, is considering expanding in Ukraine.Group chief executive Lev Khasis said X5 is looking at a “big” merger, which would lead to the issue of new shares. He said the initiative in the country is a “theoretical opportunity” and the retailer has not made any ...
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NewsQS owner resolves to make profit despite losses of £21m last year
The owner of QS has vowed to make the value fashion retailer profitable this year despite recording a £21.4m pre-tax loss last year.
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Barclaycard sets up 200-strong loyalty team
Barclaycard has assembled a team of 200 people to work on the launch of the loyalty programme it is planning to set up in conjunction with retailers.
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NewsTube strike expected to hurt West End trading
This week’s two-day strike on the London Underground has been branded as “totally unacceptable and reckless” by the New West End Company.
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NewsLast day to enter Retail Week Rising Star Awards
Today (June 19) is the last chance for you to submit your entry for the Retail Week Rising Star Awards.
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NewsCriterion Capital and Crown Estate reach compromise in TK Maxx store dispute
The furore that erupted after the Crown Estate refused permission for TK Maxx to open a store in Piccadilly Circus has been resolved in an out-of-court settlement.
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NewsFood prices continue to fall
Food prices fell for the second month in a row as promotional levels within the grocery sector soar.
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NewsSir Terry Leahy warns against over-regulation of retail
Tesco chief executive Sir Terry Leahy warned this morning that political and regulatory interference could hamper retail’s role in helping the economy out of recession.
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NewsCos to open fifth UK store
Cos, Swedish fashion retailer H&M’s sister chain, is to open its fifth UK store on London’s Kensington High Street in September.