All News articles – Page 1952
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Asda to demolish building to avoid empty property tax
Asda is demolishing one of its former call centres to avoid empty property rates.
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Retail like-for-likes slip again in August
Hopes of a summer sales lift have fallen flat as UK retail like-for-likes slid 1 per cent in August.
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Grocers are hiking prices above costs
Supermarkets are increasing food prices at a faster rate than their costs are rising.
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Azendi to more than double store count by 2010
Jewellery chain Azendi has embarked on an expansion drive to more than double its store portfolio to 22 shops by the end of next year.
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Asda to scrap celebrities for new-look George ads
Asda has ditched Coleen Rooney as the face of its clothing label George.
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John Lewis signs Karen Elson to front fashion ads
John Lewis is to launch its biggest fashion ad campaign to date, featuring supermodel Karen Elson.
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M&S mole speaks out
The man at the centre of the Marks & Spencer whistleblower case has claimed that the retailer carries out intense surveillance of staff, causing a “culture of fear”.
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Primark sales and profits to climb
Value fashion retailer Primark’s sales and profits will be “well ahead of last year”, parent company Associated British Foods reported in its pre-close update.
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M&S hits back in sacking row
Marks & Spencer has hit back with a scathing attack on the GMB union in the row over the sacking of its “whistle-blower” employee.
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Asos discount site goes live
Fashion e-tailer Asos has today launched its discount site Asos Red, www.asos.com/Red .
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Morrisons expected to report steady first-half performance
The City expects Morrisons to deliver interim pre-tax profits up from 266.3 million last year to about 294 million when it reports next week, according to consensus estimates.
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Retail acquisitions likely in Central Europe as credit crunch bites
The impact of the credit crunch and inflation is threatening to pitch emerging retailers in Central and Eastern Europe into difficulties, providing acquisition opportunities for Western groups.
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Credit crunch will drive Christmas shoppers online
Up to 68 per cent of shoppers are planning to shop online for Christmas presents this year.
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Gap sales fall in August
Sales at US fashion giant Gap fell 5 per cent to US$1.14 billion ( 639.9 million) in the four weeks to August 30.
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Asda to open five Asda Living stores this year
Asda will open a further five Asda Living stores across the UK this year, bringing its total to 21.
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John Lewis sales up
Sales at John Lewis were up 1.6 per cent in the week to August 30, driven by back-to-school sales and a strong performance in electricals and technology.
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HMV Group sales robust
HMV Group has reported strong interim sales, but suffered at its Waterstone’s fascia in the wake of a weaker book market.
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Housing policy brings industry little comfort
The Government’s 1 billion raft of initiatives to kick-start the housing market is unlikely to improve retail trading, store chiefs and analysts have said.
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Woolworths: new boss starts
Steve Johnson formally took over as Woolworths chief executive on Monday and has pledged to act fast to improve the variety store group.

















