All News articles – Page 1887
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Marks & Spencer extends services tie-up for EPoS roll-out
Marks & Spencer is working with Computacenter to improve the time it takes to get new IT systems up and running.
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El Corte Ingles optimises its merchandising
Spain’s largest retailer El Corte Ingl s is in the process of implementing Oracle Retail’s assortment execution system, after going live with merchandise financial planning and price optimisation systems.
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Alchemy's Jon Moulton warns of defaults
One third of companies controlled by UK mid-market private equity groups may default on their debts, a leading private equity chief has warned.
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Go Outdoors to create 1,000 jobs
Outdoor retailer Go Outdoors will create 1,000 new retail jobs as it aims to triple its store portfolio over the next two years.
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Flying Brands issues profit warning
Home shopping group Flying Brands has issued a profit warning as the Jersey-based retailer continues to struggle with rising costs and shrinking margins.
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Superdrug launches price campaign
Health and beauty retailer Superdrug has today launched a price campaign to help save customers in excess of 3m every month.
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Spar buys 11 former Somerfield stores
Symbol group Spar has bought 11 former Somerfield stores, following the Co-operative Group’s acquisition.
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JJB Sports suspends Chris Ronnie
JJB has suspended chief executive Chris Ronnie following the shares controversy uncovered last week.
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Home Retail Group buys Chad Valley toy brand
Argos parent Home Retail Group has bought Woolworths' toy brand Chad Valley for 5 million.
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Strong trading pushes Matalan store expansion
Value fashion retailer Matalan is to expand its store portfolio following a strong Christmas trading period.
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Cath Kidston signs first Liverpool store
Cath Kidston is to open a store at Grosvenor’s Liverpool One. The clothing, homewares and furnishings retailer has signed for a 3,600 sq ft (335 sq m) unit.
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Factory outlet sales soar as shoppers hunt for bargains
Cash-strapped shoppers looking for discounts over Christmas flocked to the UK’s largest factory outlet centres, which experienced major increases in sales and footfall.
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Inflation falls to 3.1 per cent
Inflation fell to 3.1 per cent in December, down from 4.1 per cent in November, the Consumer Prices Index showed.
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540 jobs under threat as Burberry cuts costs
Burberry is to cut up to 540 jobs, the fashion retailer said as it revealed like-for-like store sales were down 3 per cent in the last three months of 2008.
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Comet posts robust festive sales
Electricals retailer Comet's like-for-like sales dropped 2.5 per cent over the festive period, although 'strong' post-Christmas sales helped limit the fall.
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JJB Sports loan deferment costs £8.3m
Struggling sportswear chain JJB Sports has confirmed that its agreement with its banks to defer loan payments has cost 8.3m.
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Woolworths Group applies for administration
The board of Woolworths Group has applied to go in to administration, following the collapse of its retail arm and entertainment division EUK last year.
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Empire Direct goes in to administration
Empire Direct, the UK’s largest independent electricals retailer, has gone in to administration.
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Retailer critical list grows
Retailers are set to face further distress in 2009 after the number of companies facing bankruptcy soared 81 per cent in the final quarter of 2008, according to a survey.
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Focus appoints new commercial director
DIY chain Focus has appointed Penny Teale as its commercial director.