All News articles – Page 1892
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Scottish delicatessen in administration
Scottish delicatessen chain McLeish Brothers has gone into administration.
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NRF: Wal-Mart's Lee Scott says retailers must work to improve society
Wal-Mart’s president and chief executive Lee Scott has used his last public speech in his current role to appeal to retailers to help play a part in solving current economic and social ills.
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Jobs axed at Waterford Wedgwood as rescue talks continue
Almost 400 redundancies have been made at Waterford Wedgwood, the famous crystal and pottery specialist that fell into administration last week.
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Canterbury to expand in the UK
Rugby brand and retailer Canterbury plans to open between three and six more stores in this country and Ireland during 2009.
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Land of Leather suspends shares
Land of Leather has suspended its shares on the London Stock Exchange.
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Foyles like-for-likes climb
Books chain Foyles has revealed its like-for-likes jumped 9 per cent in the year to June 30, 2008.
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Morrisons to hire 5,000 extra staff in 2009
Morrisons is to create more than 5,000 jobs this year as part of its ongoing store expansion plans.
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Pawnbroker H&T's sales climb
Pawnbroker H&T has revealed its like-for-likes climbed 3 per cent over December and believes profits for the year will exceed expectations.
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Tesco appoints former Unilever boss as non-exec
Tesco has appointed Patrick Cescau as a non-executive director.
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Waterstone's to axe 200 jobs
Books retailer Waterstone’s is to axe 200 jobs as part of a cost-cutting initiative.
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Poundland sales soar over Christmas
Poundland enjoyed a strong Christmas, revealing its like-for-like sales climbed 3.9 per cent in the five weeks to January 4, 2009.
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Office faces loss of supplier credit insurance despite strong trading
Footwear chain Office may become the latest retailer to have supplier credit insurance pulled following the collapse of its stablemate USC.
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Primark launches investigation into supplier
Primark is conducting an investigation into one of its key suppliers after an undercover probe found illegal immigrants were being employed at just over half the minimum wage.
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BRC slams Government over rates burden
The British Retail Consortium (BRC) has published a report this morning criticising the Government for adding to retailers' business rates burdens.
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Mosaic issues profit warning
Fashion group Mosaic has revealed total sales fell 1.2 per cent over the 23 weeks to January 3 and said that it expects full-year profits to be below last year.
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M and M Direct festive sales surge 31%
M and M Direct has become the latest online retailer to report a strong Christmas, with sales up 31 per cent in the 10 weeks to January 4.
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Indian retailer takes stake in East
Indian retailer Fabindia has snapped up 25 per cent of womenswear retailer East.
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Japan’s Seven & I ups discounts to beat gloom
Japanese conglomerate Seven & I, which operates more than 33,000 retail outlets across the world, has unveiled a strategy to help it counter the economic downturn in 2009.
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Retailers to press ahead with global plans despite downturn
Retailers are set to plough on with international expansion in 2009, despite being forced to curtail some plans in order to make short-term cost savings, according to retail experts.