All News articles – Page 1888
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Tesco to invest £19m slashing clothing prices
Tesco will invest 19m lowering its clothing prices and has begun by slashing prices on over 700 key clothing lines.
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BrightHouse sales up as consumers opt to rent
Rent-to-buy electricals and furniture specialist BrightHouse has revealed underlying revenue increased 13.5 per cent in the 13 weeks to December 28.
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Matalan outperforms at Christmas
Discount retailer Matalan has bucked the gloom to post a 5.9 per cent like-for-like increase in sales over Christmas.
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Worst Christmas sales growth in London since 2004
London retailers experienced their worst like-for-like growth this Christmas since 2004. December sales in the capital were 0.7 per cent lower than a year ago on a like-for-like basis.
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Selfridges' profits to climb after Christmas sales rise
Department store business Selfridges notched up like-for-like growth of 5 per cent in December.
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Pets at Home like-for-likes up 10.4 per cent
Pets at Home has defied the economic gloom by posting a 10.4 per cent increase in like-for-likes in the six weeks to January 8.
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DSGi picks new chairman
John Allan will take over as chairman of electricals group DSGi when incumbent Sir John Collins retires in September.
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Asos sales soar
Fashion e-tailer Asos has enjoyed another bumper Christmas with sales in the nine weeks to January 16 up 118 per cent year on year.
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Discounters enjoy spoils of the downturn
Discount retailers are benefitting from the global downturn as shoppers around the world continue to trade down, according to a report.
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Bargain Booze to expand after sales jump
Drinks and convenience group Bargain Booze is to ramp up its expansion plans after bucking the high street gloom to report strong Christmas trade.
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Kwik Save’s Spanish revival
Discount grocer Kwik Save, which went into administration in July 2007, has been resurrected on the Costa del Sol.
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Kwik Save’s Spanish revival
Discount grocer Kwik Save, which went into administration in July 2007, has been resurrected on the Costa del Sol.
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Moss Bros confirms Mountford to step down
Update: Moss Bros chief executive Philip Mountford will leave the menswear retailer.
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HobbyCraft profits soar
Arts and crafts chain HobbyCraft’s pre-tax profits rocketed 122 per cent to 6.1m in the 10 months to January 4.
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Game exceeds expectations as it exploits collapse of rivals
Game expects to exceed profit expectations after strong Christmas trading.
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Robust fashion fascias propel JD Sports sales
JD Sports Fashion has further strengthened its position in the resilient young-fashion market, generating sales across its fashion stores up 12.5 per cent for the five weeks to January 5.
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Retail stocks languish as dismal Christmas fails to lift confidence
Hard-pressed retailers outperformed the All Share index as the first week of trading updates brought few nasty surprises.
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Waitrose launches online magazine
Waitrose has this week launched an online interactive magazine in a bid to attract new customers.
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Habitat poaches chief from Levi’s
Levi Strauss Europe vice-president of retail Mark Saunders has been appointed chief executive of furniture and homewares chain Habitat.
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Electricals and toys bolster salesat Shop Direct
Electricals and toys lifted sales over Christmas at Shop Direct Group.