All News articles – Page 1862
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New West End Company calls for end to West End bus congestion
New West End Company chair Dame Judith Mayhew Jonas has called on London Mayor Boris Johnson to reduce congestion on Oxford Street and Regent Street.
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City bullish on retail stocks as it focuses on recovery potential
Global stock markets rallied on Tuesday but general retailers’ recent outperformance was not sustained over the week.
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North Face kicks off stores drive with Bristol opening
Outdoor retailer North Face opened a store in Bristol’s Cabot Circus last week, raising its UK shop tally to six.
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Majestic Wine to enhance its fine wine offer with acquisition
Majestic Wine is to ramp up its fine wine offer after buying specialist Lay & Wheeler.
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NewsJohn Lewis Partnership rides out a rollercoaster year
The John Lewis Partnership said 2009 will present further challenges for the retail bellwether after full-year pre-tax profits slumped 26 per cent to just under £280m.
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February sales figures leave analysts divided
City opinion was divided over whether February retail sales data backed a bull or bear view of the sector’s prospects.
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NewsUS retailers’ sales languish as unemployment rockets
US fashion retailers continued to feel the negative impact of weakening consumer confidence in their February sales updates as soaring unemployment plagued the country.
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French Connection: finals next week
Spiky Steven Marks’ fashion group posts preliminary results on Wednesday – its first news since last November’s update.
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NewsWeakness of pound means pain lies ahead
Paul Smiddy: I take no solace from the official December and January sales figures. Demand will fall a lot further as unemployment spreads into the wider economy
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Delhaize profits exceed expectations
Belgian supermarket operator Delhaize has reported a net profit of €467.1m ( 433.2m) in its 2008 results published today.
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Baugur files for bankruptcy
Baugur has filed for bankruptcy after an Icelandic court refused to grant its application to extend its protection from creditors.
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Profits plunge at Carrefour
International stores giant Carrefour is to cut prices and slash costs after profits slumped last year.
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Morrisons profits surge as like-for-likes climb
Morrisons' like-for-like sales climbed 7.9 per cent in the year to February 1, excluding fuel.
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Argos sales beat expectations
Home Retail Group has posted better than expected trading at its flagship Argos chain.
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Baugur protection not extended
Baugur’s moratorium process, protecting it from its remaining creditors, has not been extended by the court in Iceland.
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NewsJohn Lewis to launch Asos-style fashion website
Department store chain John Lewis is to launch a dedicated fashion website in autumn to rival online giant Asos.
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Trinity Walk on hold as bank pulls financing
The Trinity Walk development in Wakefield has ground to a halt after the bank backing the scheme pulled its funding.
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B&Q scoops employee engagement award
B&Q’s workforce has been ranked as one of the most engaged in the world for the third year running by workplace behaviour experts Gallup.
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NewsJohn Lewis profits plunge after tough year
John Lewis Partnership has revealed a steep fall in annual profits after a “tough year”.
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NewsBRC accuses Which? of undermining healthy eating
The British Retail Consortium has dismissed a Which? report suggesting that price is a barrier to healthy eating.