All News articles – Page 1894
-
News
Iceland sales growth tops 14 per cent
Frozen food chain Iceland stormed ahead of market averages in the 12 weeks to December 27 with sales growth in excess of 14 per cent.
-
News
Waterford Wedgwood poised for rescue by US private equity
Waterford Wedgwood, the china and crystal retailer and wholesaler that went in to administration on Monday, is set to be rescued by US private equity firm KPS Capital Partners.
-
News
Signet suffers poor Christmas
US jeweller Signet has said it expects profits to be within market forecasts despite revealing that like-for-like sales slumped over the Christmas period.
-
News
Sofa Workshop on brink of administration
Sofa Workshop is teetering on the brink of administration as it faces financial difficulties in the tough economic climate.
-
News
Theory introduces store sales data dashboard
International fashion brand Theory is using a sales dashboard called SkyPAD to view product sales performance across its international chain at store level.
-
News
Wal-Mart reveals Asda had strong December
Asda parent Wal-Mart revealed the UK grocer reported one of its strongest ever Christmas trading seasons, despite its international sales dipping 10.4 per cent in December.
-
News
Interest rate cut to record low of 1.5%
Interest rates have been slashed to a historic low of 1.5 per cent.
-
News
Zavvi to close 22 stores
Zavvi is to shut 22 of its stores with immediate effect after it fell in to administration before Christmas.
-
News
Wyevale's Andrew Livingston to join Screwfix
Andrew Livingston is leaving Wyevale to join DIY chain Screwfix as its commercial director.
-
News
Findel pulls off 'satisfactory' Christmas
Home shopping group Findel has revealed a 4 per cent fall in group sales for the 39 weeks to January 2 – a performance it labelled “satisfactory in the current market”.
-
News
Peacocks posts steady Christmas results
Fast fashion retailer Peacocks has reported a solid Christmas and secured a 20 mililon equity injection from its backers to fund expansion in 2009.
-
News
Majestic Wine sales fall over Christmas
Specialist retailer Majestic Wine suffered a Christmas like-for-like decline as credit crunched business customers cut back on expenses.
-
News
House of Fraser reports resilient Christmas
House of Fraser has reported that like-for-like sales fell 1.5 per cent over the Christmas period and has reassured on its financial position after paying back its bank loans ahead of schedule.
-
News
Ted Baker promotions take their toll
Fashion retailer Ted Baker has warned that profits will come in at the low end of expectations as a result of promotions over Christmas.
-
News
Sainsbury's reports best ever Christmas
Sainsbury's has reported its best ever Christmas, with like-for-like sales up 4.5 per cent excluding fuel in the 13 weeks to January 3.
-
News
Viyella collapses into administration
Iconic womenswear retailer Viyella has collapsed into administration leaving the future of its 645 staff hanging in the balance if a buyer is not found.
-
News
Non-food prices fall by sharpest rate for 2 years in December
Widespread discounting by retailers struggling to woo customers in December has led to the sharpest fall in non-food prices for two years.
-
News
Barclays to issue contactless debit cards
Barclays will begin issuing debit cards with contactless payment technology, and predicts that more than 3 million consumers will be using them by the end of the year.
-
News
Morrisons ploughs on with IT transformation
Morrisons will push ahead with its business and IT transformation programme in 2009, having signed Wipro Retail to assist it with its plans.
-
News
Apple ups music download stakes with the removal of DRM
Apple has brokered a deal with the major record labels to offer their music without digital rights management protection on a new version of iTunes called iTunes Plus.