All News articles – Page 1957
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HMV takes new format up a gear in Liverpool
HMV will unveil the latest version of its store of the future next week when it opens its 15,000 sq ft shop at Liverpool One.
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Boots pilots drive-through model as it shakes up team
Boots UK opened its first drive-through pharmacy last week, as managing director Alex Gourlay rejigged his top team to accelerate the integration of the former Boots the Chemists and Alliance Pharmacy businesses.
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Ahold reveals new look for ailing chains in US
Dutch grocer Ahold has unveiled a fresh design for its Giant-Landover and Stop & Shop fascias as part of a wider push to reinvigorate the struggling chains.
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Russia still on West’s retail map despite political chill
International retailers are likely to push on with expansion in Russia despite a return to icy relations between the Kremlin and the West.
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Worst retail figures in 25 years, CBI reports
Wet weather and difficult trading conditions have resulted in the worst retail performance for 25 years.
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Concerns raised over Woolworths covenants
Variety store group Woolworths is likely to stretch its banking covenants to the limit and fail to pay a dividend for the next two years, an analyst has warned after a company visit.
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Tesco supplier in US reported to employment tribunal
One of Tesco’s suppliers in the US has been reported by America’s biggest food workers’ union in the latest spat between the two organisations.
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Ahold margins hit by promotions
International retailer Ahold has taken a margin hit and missed analysts’ forecasts after spending heavily on price promotions during its second quarter.
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Liberty losses widen after investment
Pre-tax losses at Liberty have increased in the first six months of the year as the iconic department store continues to invest in its Liberty of London brand.
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Styles & Wood profits nosedive
Styles & Wood, the UK's largest shopfitter, has seen pre-tax profits crash by 53.8 per cent to 2.4 million in the year to June 30.
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M&S suspends employee over leaked pay story
A Marks & Spencer head office employee who contacted the media regarding the retailer’s plans to cut redundancy pay for staff has been suspended.
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Westfield London 96 per cent let as luxury brands sign
Westfield London has revealed its White City development is 96 per cent let, 10 weeks before it is due to open on October 30.
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Roxy goes live with European e-tail venture
Female surf brand Roxy, owned by Quiksilver, has launched a European e-commerce site.
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NewsSupermarkets deny introducing compulsory fuel pre-payments
Supermarkets have refuted claims that consumers could soon find themselves having to enter a payment card at their garages’ fuel pumps before they fill up.
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Phones 4U to outsource IT and streamline back office
Phones 4U has confirmed that it will transfer 90 per cent of its IT department to an outsourcing firm.
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Nectar launches music download store
Nectar has today launched a music download service allowing cardholders to redeem loyalty points for digital music.
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Moss Bros rejigs board
Moss Bros has reshuffled its board and appointed new corporate advisers.
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Superquinn up for sale
Sainsbury’s, Tesco and Asda are all reportedly interested in buying Superquinn, the Irish grocer that has retained Goldman Sachs to advise on a sale.
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Sainsbury's chops fruit and veg prices
Sainsbury’s has slashed the price of packs of basic fruit and vegetables to just 40p and will add a selection of “aesthetically challenged” items to its range that would normally not make it onto supermarket shelves.
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John Lewis vows not to axe staff
John Lewis chairman Charlie Mayfield has vowed not to cut any jobs over the coming year, despite admitting these were the toughest trading conditions he could remember.