All News articles – Page 1934
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News
Carphone Warehouse invests in system to control European purchase ordering
Carphone Warehouse is rolling out a system to deal with non-stock purchase order management across Europe.
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QVC mulls further channel developments
QVC has revealed that it is already considering a new version of its online video platform, less than a month after it launched the latest incarnation, QVC On Demand.
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Scotmid consolidates its servers to bolster growth
Independent Scottish co-operative Scotmid is poised to complete a project to virtualise its server infrastructure to support its growth plans.
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HMV acquires gaming company Gamerbase
Entertainment retailer HMV has acquired Gamerbase, the company which runs multiplayer video game centres in some of its stores.
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Livingston shopping centre to reveal Elements Square extension
The 130 million extension to the Almondvale shopping centre at Livingston in Scotland is set to open on Thursday.
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Habitat axes more stores to staunch losses
Furniture retailer Habitat is continuing with a programme of store closures as part of its plans to revive its fortunes.
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Landlords believe switch to monthly rents is inevitable
Landlords increasingly believe they will have to cave in to retailers’ demands to pay rent monthly rather than quarterly, as a study this week revealed the landlords’ weakening position in the difficult economic climate.
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Best Buy Europe to double revenues in five years
Best Buy Europe, the joint venture between US electricals giant Best Buy and Carphone Warehouse, aims to double retail revenues and operating profit by March 2013, despite the uncertain economic outlook.
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Inflation hits 5.2 per cent
UK inflation continued to rise hitting 5.2 per cent in September, pushed up by rises in gas and electricity bills.
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Baugur denies appointing advisors
Baugur has denied newspaper reports that it has appointed BDO Stoy Hayward to advise on a restructuring and possible administration.
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Baugur in restructuring talks with BDO Stoy Hayward
Baugur has approached BDO Stoy Hayward to advise it on a restructuring and possible administration.
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Burberry reports revenue up 13% but warns of uncertain outlook
Luxury fashion company Burberry has revealed a better-than-expected revenue increase of 13 per cent for the six months to September 30, but warned the outlook remains uncertain.
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EBTM sells Lowlife accessory brand
EBTM, the online retailer and wholesaler of music-inspired fashion, has sold its Lowlife accessories brand to Plus Brands.
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JJB Sports looks to sell non-core assets
Struggling sports retailer JJB is reviewing the potential sale of its non-core assets to maximise value for its shareholders.
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UK retail like-for-likes down 1.5 per cent in September
UK like-for-like retail sales slid 1.5 per cent in September as turmoil in the financial markets hit consumer confidence hard.
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House of Fraser and Hamleys speak out on Icelandic crisis
House of Fraser and Hamleys have distanced themselves from the fallout of the Icelandic economic meltdown and its impact on backer Baugur.
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Hamleys moves to distance itself from Icelandic woes
Baugur-backed toy retailer Hamleys has issued a statement distancing itself from the Icelandic investor and the Icelandic banking crisis.
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Majority of shoppers to spend less this Christmas
Two thirds of shoppers will spend less this Christmas compared with last year, according to a poll by Gfk Research Panels.
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Clinton’s sales plummet
Sales have plunged at greetings card specialist Clinton Cards in recent weeks, reflecting the tough trading environment.
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Boden buoyed by US growth
Multichannel fashion retailer Boden increased pre-tax profits more than 20 per cent to 27.4 million in the year to December 31.