All News articles – Page 1953
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City concern for retail spirals as sterling suffers further knocks
Despite a sector rally, analysts remained resolutely downbeat about retail’s prospects as recession loomed and the pound plunged to a record low against the euro.
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Go Outdoors goes all out for superstores
Outdoor specialist retailer Go Outdoors is to open its first two superstores since securing an 18 million investment from Bank of Scotland Corporate in April.
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Cortefiel insists UK still offers opportunities
Spanish retailer Cortefiel is bullish about UK opportunities, despite putting plans for standalone stores in this country on hold.
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Hobbs to tap younger market in brand rejig
Hobbs wants to tempt back lapsed customers and attract a younger audience under the direction of its new managing director, Nicky Dulieu.
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Lush rethinks format to spotlight skincare
Health and beauty specialist Lush is to roll out a new store design to its UK portfolio to promote its natural cosmetics credentials.
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Celebs join Comet’s 75th birthday book
Jimmy Choo co-founder and celebrity high flyer Tamara Mellon has been snapped up by electricals retailer Comet to grace the pages of a book celebrating its 75th anniversary.
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Boots revamps site to offer live medical advice
Boots has this week relaunched its web site with a strong focus on medical advice.
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Blacks to target cash-strapped Brits staying in UK for holidays
Blacks chief executive Neil Gillis is bullish about next year, because he believes the downturn will prompt consumers to holiday in the UK.
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Campaign for carpet to pile on other flooring
The carpet industry’s Fun On The Floor campaign, designed to promote the value and appeal of carpet, could be extended to other types of flooring, such as vinyl, according to Carpetright.
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Liberty drives marketing in bid to reach new customers
Liberty will embark on a major marketing assault to recruit new customers and counteract the effects of the wider slowdown in consumer spending.
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John Lewis still on growth trail despite delays
John Lewis will work with developers and councils to help remedy delays to developments caused by the credit crunch and said its ambitious expansion plans remain unchanged.
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Grocers gear up to cash in on Organic Fortnight
Grocers are preparing for the start of the Soil Association’s Organic Fortnight tomorrow in the wake of figures released last month that showed organic food sales had slowed because of the credit crunch.
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Original Factory defies gloom with profit hike
Original Factory Shop has bucked the downward trend with a profit jump of 16.4 per cent to 7.7 million in its full year to March 31.
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Urban Outfitters set to bring Anthropologie to Regent Street
US fashion retailer Urban Outfitters is poised to bring its sister brand Anthropologie to London’s Regent Street, sending a clear signal that the UK remains an important European launch pad despite the slowdown in the economy.
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Christmas in the balance
Sector braced for toughest season since the 1980s, with December like-for-like drop expected.
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Shop Direct avoids strike with pay deal
Home shopping business Shop Direct has averted strike action, after staff members voted in favour of a revised pay offer.
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Casino boss says profit surge will hit rivals
Casino chairman and chief executive Jean-Charles Naouri has vowed that the French grocer is well-equipped to square up to competitor Carrefour, as it revealed a 9.8 per cent uplift in profits.
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Sears should merge brands, say analysts as profits sink
Sears will have to merge its Sears and Kmart brands if it is to compete against rivals, say experts, after profits plunged at the US retailer.
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Charity shops boom as shoppers seek value
Charity shops are defying the downturn as consumers shun the high street for second-hand bargains, reporting a profit hike of 7.4 per cent to 106.7 million.
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Kaboodle to launch UK site in overseas expansion drive
US social shopping web site Kaboodle is to launch in the UK next year as part of intern-ational expansion.