All News articles – Page 1910
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Reiss sales rise as profits dip
Fashion retailer Reiss has revealed sales growth of 18 per cent to 67 million for the year to January 31.
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TUC backs Primark in AGM row
The TUC has refused to back down to lobbying from pressure groups to stop Primark's parent company Associated British Foods using its headquarters for its AGM
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Sir Philip Green sells Moss Bros stake to Simon Berwin for £7.7m
Updated: Sir Philip Green has sold his 28 per cent stake in Moss Bros to menswear supplier Simon Berwin.
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CBI survey: Retailers fear dire Christmas
Retailers are expecting a lacklustre Christmas after reporting a decline in high street sales in November, according to the CBI's Distributive Trades Survey.
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Strategic Retail losses deepen as consumer confidence dives
Strategic Retail, which owns homewares retailer Fads, has revealed pre-tax losses have worsened dramatically to 855,000 in the six months to August 30.
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Arcandor: Christmas on track despite supply scare
German retail group Arcandor has said its Christmas sales will not be affected as some of its Asian suppliers face financing difficulties.
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Wal-Mart overseas chief to take helm after Scott
Wal-Mart’s board of directors has elected head of overseas operations Mike Duke to succeed Lee Scott as president and chief executive in a move that signals its intention to continue with its overseas expansion programme.
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JJB store revamps drive sales
Embattled retailer JJB claims it has experienced a dramatic sales uplift in its “new era” stores.
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Specsavers launches raft of stores in New Zealand
Specsavers launched in New Zealand this week with six store openings on the country’s North and South Islands.
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JD Sports mulls bid for rival JJB
JD Sports Fashion is said to be considering a bid for rival JJB Sports.
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Contactless payment for all Pret A Manger sites
Pret A Manger is rolling out contactless payment to 171 stores, after an initial trail at seven sites proved a success.
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NewsWoolworths circled by potential buyers
Potential buyers have come flooding in for both Woolworths’ stores and for the business as a whole.
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Consumer confidence still poor in November
Customer confidence has improved slightly but still remains low, the latest GfK NOP Christmas survey data shows.
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Zavvi confident stocks will be maintained after EUK collapse
Entertainment retailer Zavvi is understood to be confident it can maintain levels of stock in the run-up to Christmas, despite the collapse of Woolworths subsidiary EUK, which supplied it with almost all its product.
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John Lewis slashes prices to match House of Fraser Sale
John Lewis has become the latest retailer to slash its prices, offering 25 per cent off branded goods to match prices at House of Fraser’s two-day Sale which began on Thursday.
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Gordon Brown promises help for Woolworths staff
Prime Minister Gordon Brown has vowed to provide support for Woolworths staff threatened with redundancy.
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Halfords pilots second bike fascia to grow shopper base
Halfords is testing another standalone cycle shop format, called Cycle Republic, intended to provide an alternative to its existing Bike Hut fascia.
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Green will not bid for Moss Bros
Sir Philip Green’s Warbeck Holding Company has said it will not make an offer for Moss Bros.
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Mothercare: The City view
Mothercare bucked the retail gloom with a strong set of interim figures.
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General retail stocks cling on as more turmoil rocks the sector
General retail stocks bounced back this week despite a tumultuous week for the sector.