All News articles – Page 1845
-
NewsSpar to use eco-store elements in Nottingham Eurospar
Spar will use elements of its store of the future in Northern Ireland in the first Eurospar to open on the mainland next month.
-
NewsFresh & Easy introduces review section to website
Tesco’s US Fresh & Easy operation has introduced a product review section on its website to increase interactivity with its customer base.When shoppers sample a product in stores through the US grocer’s Kitchen Table tasting area, they can then review it online.A Tesco spokesman said: “This launch forms part of ...
-
NewsLakeland unveils a new-look store design
Homewares retailer Lakeland has unveiled a new-look store design with the opening of its Durham shop.The 5,000 sq ft shop, which opened last week, features a demonstration kitchen to promote the retailer’s recently-launched own-brand electricals range, alongside an area to showcase kitchen essentials.The centrepiece of ...
-
News
Debenhams launches outlet site to tap into shift in shopper habits
Debenhams will launch an outlet store online on Monday, allowing customers all-year-round access to products at prices up to 70 per cent cheaper than in its stores.
-
News
Clouds lift as steady first quarter cheers retail industry
Mood of cautious optimism emerges that trading conditions are starting to stabilise
-
NewsSuppliers chase deals for unsold Principles product
A battle is being waged between suppliers and retailers over the future of £5m of Principles stock left unsold following the administration of former parent company Mosaic.Ex-Principles directors have set up The Principles Trading Company to pay forward freighters and suppliers with stock on the water.However, Debenhams, which acquired the ...
-
News
Shopping centre plans for Europe slow down
More than 75 million sq ft of planned shopping centre development space in Europe has been axed or put on hold as a result of the global downturn.According to a report from property agency Cushman & Wakefield, about 107.6 million sq ft of new shopping centre space will open across ...
-
News
HMV calls time on trial store at service station
HMV has terminated the service station trial that it launched in April last year.The retailer said it felt there were “better opportunities that we could pursue elsewhere”.HMV said at the time it felt that service stations were an “interesting, low-risk opportunity worth exploring”. The store was located in a service ...
-
NewsBrokers cut forecasts over concern for Next
Two big brokers have issued bearish notes on Next, fuelled by concerns ranging from the impact of price rises to management continuity and strategy.ING initiated coverage last week with a sell note, just days after Credit Suisse cut its forecasts.Discretionary demand for mid-market clothing and gross margin pressure were among ...
-
NewsBrokers unmoved by surging retail stocks
Rocketing store shares prompted open-jawed amazement on the part of some analysts, who are convinced the market has got ahead of itself.Fresh back from his holidays, Pali’s Nick Bubb clocked the “astonishing” surge of the past few weeks but maintained his bear stance.“Green shoots can quickly shrivel and we are ...
-
NewsDorothy Perkins embarks on branded clothing trial
Arcadia-owned Dorothy Perkins has introduced non-own brand products for the first time as it seeks to drive its fashion credentials.The retailer last week introduced apparel brands TFNC and Uttam London into 20 of its stores and on its website. TFNC is also sold in some of stablemate Topshop’s stores while ...
-
NewsMen’s fashion brand Boggi enters the UK
Italian menswear retailer Boggi has entered the UK market with a store in the West End of London and plans to open at least four more in the Southeast.It has opened on Jermyn Street – famed for its upmarket tailored menswear stores – and has signed for a second unit ...
-
NewsOriginal Factory Shop plans its ‘biggest year ever’ for new stores
Value retailer Original Factory Shop revealed customer numbers were up 12 per cent in the 14 weeks to March 29 as it prepares for its “biggest year ever” for store openings.The 105-store retailer’s like-for-like sales rose 12 per cent over the period, while total sales went up 29 per cent.Original ...
-
NewsDwell seeks foothold in concessions arena
Mid-market furniture chain Dwell is opening department store concessions for the first time as it seeks to widen its appeal.The retailer opened its first concession in Selfridges on London’s Oxford Street this week, taking a 4,000 sq ft space, and is in talks to open in House of Fraser at ...
-
News
Sector shares rise a false dawn, analyst warns
The retail sector’s recent strong share price performance may be outpacing reality, broker Altium has warned.Altium analyst Dave Stoddart said that store shares’ rise in the first quarter was understandable given expectation of economic recovery next year and precedents.But he cautioned: “We are not persuaded that those precedents accurately capture ...