All News articles – Page 1863
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Baugur court decision expected today
An Icelandic court will decide today whether to extend battered investor Baugur’s moratorium.
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Barclaycard plans to launch loyalty scheme
Barclaycard wants to launch a loyalty scheme in the next 12 months, which could attract the 90,000 retailers that use the company for card payment acceptance.
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B&Q poised to reveal revamped website this month
B&Q is preparing to relaunch its website with a major redesign this month.
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Tesco adopts packaged software for web push
Tesco is to introduce packaged software from ATG to support its e-commerce business.
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Retailers avoid cutting IT budgets for 2009
Retailers are not slashing IT budgets, according to research from Aldata Solution and IBM.
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Armani Exchange invests in assortment optimisation
Diffusion fashion brand Armani Exchange, which has 162 stores worldwide, is to deploy assortment planning and business intelligence tools from IT Resources.
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Iceland signs £11.5m IT outsourcing deal
Iceland has signed a seven-year IT services deal with Getronics costing more than 11.5m.
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NewsNetto and Iceland join forces to develop stores
Value supermarket retailer Netto has teamed up with Iceland to develop a series of schemes on which both companies will trade from adjacent stores.
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Bury St Edmunds Arc centre opens
Retail-led mixed-use scheme Arc opened its doors at Bury St Edmunds in Suffolk last week.
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Charles Tyrwhitt adds three London stores
Formal shirt retailer Charles Tyrwhitt is to relocate its store on Jermyn Street in London’s West End as part of a series of property deals in the capital.
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Selfridges Easter chocolate sales rocket 80 per cent
Easter chocolate sales at Selfridges have soared 80 per cent and overall confectionery sales have jumped by more than 30 per cent as shoppers look for affordable gifts for family and friends.
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Smythson weighs up potential sale
Luxury leather goods retailer Smythson has appointed Cavendish Corporate Finance to examine the possibilities for a sale of the business.
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Former Woolworths manager set to open Wellworths store
A former manager with the defunct Woolworths chain will reopen her store as Wellworths on Wednesday.
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Retail like-for-likes fall 1.8 per cent in February
Retail sales slid 1.8 per cent on a like-for-like basis in February, according to the BRC-KPMG Retail Sales Monitor.
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JJB receives offers for its health clubs business
JJB has confirmed it has received a number of offers for its health clubs business.
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John Lewis staff face bonus cuts
Staff at the John Lewis Partnership are facing severe cuts in their annual bonuses as the retailer expects to reveal reduced profits in its full-year results on Wednesday.
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BRC urges the Government to delay VAT increase
The British Retail Consortium has urged the Government to delay plans to increase VAT to 17.5 per cent on December 31.
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Most Principles stores have closed
66 Principles stores closed over the weekend, after administrator Deloitte failed to find a buyer for the business as a going concern.
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Waitrose launches value range
Upmarket grocer Waitrose today launched its first value range, Essential Waitrose, as predicted in today's Retail Week.
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Majestic Wine acquires Lay & Wheeler
Majestic Wine has acquired fine wine specialist Lay & Wheeler for 4.75m in cash plus 1m in net debt.