All News articles – Page 1822
-
NewsWales and Southwest footfall shows sharpest decline
Wales and the Southwest have experienced the biggest fall in footfall numbers in the UK.
-
NewsModus Ventures collapses into administration
Manchester-based property company Modus Ventures has fallen into administration.
-
NewsAurum first-quarter sales flat
Jewellery group Aurum has announced that like-for-like sales were flat in its first quarter to April.
-
NewsThorntons launches online sweet shop
Chocolatier Thorntons has launched an online sweet shop to tap into customers’ nostalgia for retro sweets.
-
NewsRecession has 'dramatically' changed spending habits
The recession has caused “dramatic” changes in the way consumers spend their money, according to Experian’s Insight Report.
-
NewsMoss Bros reveals sales fall but says performance improving
Moss Bros has revealed that like-for-like sales dropped 3.9 per cent in the 16 weeks to May 23. Total sales fell 2.3 per cent during the period.
-
NewsVision Express refines targeted marketing with SPSS analytics tool
Vision Express is set to improve the effectiveness of its marketing communications with the introduction of a marketing analytics tool from SPSS.
-
NewsJohn Lewis reports strongest week of the year so far
John Lewis has recorded its strongest week of the year so far, with sales up 2 per cent.
-
NewsConsumer confidence 'held steady' in May
Consumer confidence was stable in May but remains fragile.
-
NewsHalfords names Dennis Millard chairman
Motor accessories and bikes giant Halfords has appointed Dennis Millard as chairman, replacing Richard Pym.
-
NewsLosses spiral as Blacks battles to recover
Outdoor pursuits specialist Blacks Leisure has acknowledged there is “material uncertainty” about its future but insisted progress is being made in turning the business around.
-
NewsNew website to sell off Principles stock
Suppliers to the now defunct Principles fashion chain have joined forces to launch a website selling unsold stock following Principles’ administration.
-
NewsRetailers to claim as Bullring scare ‘decimates’ trade
Retailers angry at facing estimated losses of at least £2m after a suspected chemical leak closed Birmingham’s Bullring shopping centre are tabling claims against the scheme’s landlord.
-
NewsDavid Jones says loss-making JJB Sports is his ‘biggest challenge ever’
JJB Sports executive chairman David Jones has described his turnaround attempt as “the biggest challenge I have ever had”, as the retailer posted a full-year loss of £189m.
-
NewsHamleys axes chiefs in cost-cutting drive
Iconic toy retailer Hamleys has parted company with two senior directors as part of a restructure of its head office, which could also result in a third of staff being axed.
-
NewsSainsbury’s on TV
Sainsbury’s chief executive Justin King has let four shopfloor staff loose in the grocer’s boardroom for a new Channel 4 TV programme called I’m Running Sainsbury’s, which starts next Tuesday at 9pm.
-
News
Unexpected profit revealed by Sears
Department store group Sears posted an unexpected first-quarter profit after slashing advertising costs and payroll expenses.The retailer also extended a credit agreement to increase the amount available to $4.1bn (£2.6bn) until March 24, 2010, and $2.4bn (£1.5bn) from March 25, 2010, to June 2012.Net income in the three months to ...
-
News
Green shoots shrivel as rally grinds to halt
Green shoots shrivelled as, for the third week running, general retailers were in reverse. The sector’s amazing rally over the past few months has shuddered to a halt as a result of profit taking by investors, some nasty shocks and a still uncertain outlook.
-
News
Gamestop reveals profit hike
Games retailer Gamestop revealed a profit hike of 13.4 per cent to $70.4m (£44.4m) while like-for-likes fell 1.5 per cent in its first quarter to May 2.The world’s largest games specialist said the like-for-like decline was due to “sharper recessionary effects in Europe and a slowdown of new console sales”. ...
-
News
Foreign retailers welcome new Indian government
Last week India’s new government, with Manmohan Singh as prime minister, was sworn in in Delhi. Singh and the Congress Party won a decisive mandate with his pledge to tackle the impact of the global economic crisis and by ensuring growth for the country.