All News articles – Page 1841
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NewsAsos sales soar 104 per cent
Sales at online fashion retailer Asos have rocketed 104 per cent to £165m in the 12 months to March 31, 2009.
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Nisa Local retailer moves back office processes to EPoS for productivity gains
One Nisa Local retailer has helped a software house develop new functionality for its EPoS system, and says he is saving several man hours of labour in each of his stores every day as a result.Kishor Patel, whose six Nisa Local stores turn over £7m a year, has been working ...
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NewsRetail sales bounce back in March
Retail sales volumes returned to positive territory in March, driven by a strong performance from food and fashion retailers.
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NewsJohn Lewis says trade remains challenging
John Lewis has reported a slump in weekly sales of 11.6 per cent as the department store chain said the “trading climate remains challenging”.
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NewsAmazon sales and profits soar
Amazon has reported a strong first quarter with profits soaring 24 per cent to $177m (£121m).Amazon’s international sales, including the UK, jumped 15 per cent to $2.31bn (£1.58bn) for the period. Excluding the impact of exchange rates, international sales rocketed 28 per cent.Total sales across the group grew 18 per ...
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NewsLiberty losses widen but sales climb
Iconic London department store Liberty has reported that pre-tax losses widened slightly for the year to December 31, but sales rose 9 per cent to £50.2m.For the full year, Liberty said pre-tax losses increased from £6.4m in 2007 to £7m. The group highlighted that large one-off costs such as the ...
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NewsBay Trading in administration
Alexon has placed its Bay Trading fascia into administration following losses reported earlier this week and the withdrawal of credit insurance.
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NewsAsda launches Hannah Montana dress
Asda clothing brand George has today launched a replica of a dress worn by US film star Hannah Montana for £10.The dress has been launched to coincide with the launch of the film Hannah Montana: The Movie, starring Miley Cirus, who plays Hannah Montana.Cirus wears the original dress in the ...
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NewsTK Maxx ‘not posh enough’ for Piccadilly
TK Maxx is locked in a bitter dispute with the property company that runs the Queen’s estate over a deal to open a flagship store at London’s Piccadilly Circus after it decreed the retailer was “not posh enough” to trade at the capital’s famous landmark.
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NewsWHSmith opens doors to chuggers
WHSmith is allowing the unpopular practice of face-to-face charity fundraising to be carried out in its stores as part of a trial that observers are calling risky.
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NewsAxe looms over all Monsoon shop staff
All Monsoon store staff are facing potential redundancy as the retailer enters into a consultation period with every employee at its shops.
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Tengelmann to relaunch online store Plus
Grocer Tengelmann plans to relaunch its non-food online store Plus later this year, according to reports. The project will extend the online shop’s product range to around 10,000 items by the end of this year.New product ranges will include electronics, DIY and furniture. The site will also feature innovations such ...
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NewsNew Look to redevelop website to include multichannel services
New Look plans to launch multichannel services such as click and collect as it aims to increase online sales to 10 per cent of its total revenue in the next three to four years.
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Mace to update image as it rolls out fresh look
Symbol group owner Palmer and Harvey is to introduce its new-look store design for its Mace fascia following a trial earlier this year.
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NewsJessops unveils new-look flagship store
Jessops has unveiled its new-look flagship store on London’s New Oxford Street as part of plans to turn the beleaguered retailer around.
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NewsSuperdry to expand as young fashion thrives
Young-fashion retailer Super-group is taking advantage of the recession-proof younger fashion market to race ahead with its expansion plans.
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NewsSir Terry Leahy heralds signs of economic stability
Tesco boss Sir Terry Leahy says confidence is bouncing back as the grocer records profits of £3bn.
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Dollar Tree launches transactional website
Single price point retailer Dollar Tree has launched a transactional website, accessible from its Dollartree.com site. The website is aimed at customers who want to buy in large quantities, and allows users to order cases of products with free shipping if they collect their order from one of the retailer’s ...
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NewsKingly Court gains new retailers
London shopping destination Kingly Court – off Carnaby Street – has attracted a raft of new retailers.Dress label Darimeya opened its flagship store at the scheme last week and will sit alongside mens- and womenswear brand Carte Blanche, 1950s-inspired fashion and corsetry brand Nikita Sablier, and homewares retailer Supermice.Kingly Court ...
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NewsFrench Connection downgraded
Seymour Pierce last week rated French Connection a sell after revising its pre-tax loss forecast for 2009/10 following a company visit.