All News articles – Page 1921
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Beales sales director quits
Beales sales director Neil Jones has resigned from the department store chain.
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Marks & Spencer to anchor Wolverhampton scheme
Marks & Spencer has signed to anchor Multi Development’s Summer Row scheme in Wolverhampton.
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Asda cuts petrol prices
Asda has cut the price of unleaded petrol for the ninth time since July by a further 2p per litre.
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John Lewis Partnership agrees new Ocado deal
The John Lewis Partnership has agreed to a five-year brand and sourcing agreement with Ocado and transferred its stake in the online grocer to its pension fund.
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EBTM sales rise
Sales for online music and clothing retailer EBTM increased by 17 per cent in the 24 weeks to October 17.
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Forever 21 in talks for first UK store
US fashion retailer Forever 21 is closing in on its first UK store signing, in London’s Covent Garden.
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Sales pick up at John Lewis
Sales have begun to improve at John Lewis, down just 1.3 per cent last week, helped by the cold snap in the weather.
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Sainsbury's King defends food imports
Sainsbury’s chief executive Justin King will defend the importing of food despite concerns over food miles.
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Christmas sales expected to be flat
Christmas is unlikely to bring a great deal of festive cheer to beleaguered retailers, with sales expected to be flat over the crucial period.
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Koodos reviews sales model to woo shoppers
Private sales site Koodos has this week changed its model to offer open sales to all customers.
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Ghost to resurrect luxury stance
The new owner of Ghost will take the fashion brand back to its luxury roots after rescuing it from administration last week.
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Interest rate cut met with caution by analysts
The Bank of England’s shock decision to slash interest rates to 3 per cent will help heavily indebted retailers, but analysts remain cautious about the immediate impact on consumers.
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Alliance Boots steps up store integration
Alliance Boots has accelerated the integration of its Alliance Pharmacy and Boots stores, as it revealed first-half revenues up 11.3 per cent.
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Carphone’s Westfield store rewrites format
Carphone Warehouse has unveiled the blueprint for the roll-out of its cutting-edge technology stores at Westfield London.
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Savers lays plans to stymie losses
Pre-tax losses at discount health and beauty retailer Savers widened in the year to December 29, but its management is confident the business has the right strategy to return it to profitability.
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Signet UK like-for-likes slide
Jewellery retailer Signet’s UK arm has suffered an 8 per cent fall in like-for-like sales in the past three weeks of trading.
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Retail’s elite toast festive West End traffic-free day
London Mayor Boris Johnson joined retail’s elite this week to promote Oxford Street’s traffic-free day, which will fall on Saturday December 6.
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Peacocks defies crunch with rising sales and profit
Peacocks has revealed credit-crunch defying sales as it benefits from consumers trading down.
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Baugur insists it’s ‘business as usual’
Baugur chief executive Gunnar Sigurdsson has said the Icelandic investor has no intention of altering its portfolio of brands and that it is “business as usual”.
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M&S to slow openings as profits crash
Marks & Spencer is to slow the rate of openings for its Simply Food chain as part of a host of cost-saving measures after its half-year profits fell by a third to 297.8 million.