All News articles – Page 1962
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Grocers fire new salvo in price war
The latest offensive in the grocery price war is being fought out this weekend, as leading supermarkets slash prices of key lines once again.
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Wet weather drives sales at John Lewis
Poor weather last week has lifted sales at John Lewis, which were up 9.3 per cent in the week to August 9.
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Faith sale on cards as restructuring specialist hired
Shoe chain Faith could be sold in a fire-sale, after lenders to its owner Bridgepoint appointed restructuring specialist FTI Consulting.
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Tesco caught up in Turkish bribe scandal
Tesco has unwittingly found itself in the centre of a political scandal in Turkey.
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Asda reveals strong second quarter growth
Asda has revealed its coastal stores have traded 'phenomenally well' this summer with Britons holidaying at home, as the grocer unveils like for like sales, excluding petrol, up 5.5 per cent in its second quarter.
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M&S Sale to start next week
Marks & Spencer will go on Sale next week, when the retailer hopes bargain-hungry shoppers will flock to its stores following a difficult trading period.
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Tough times for British Land
British Land today reported a fall in underlying first quarter profits but that rents on its retail portfolio are still rising.
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Recruitment dives as retailers hunker down
Thousands of retail jobs have disappeared in the past year as store groups initiated job freezes and other measures to reduce staff levels without axing staff.
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Tie Rack to rebrand as it eyes overseas growth
Tie Rack is to rebrand as Tie Rack London and is considering Europe and Asia for growth opportunities.
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Sainsbury’s to step up Tu Home introduction
Sainsbury’s is to roll out its Tu Home brand ahead of schedule following a three-month trial.
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Analysts give new Woolworths boss two years to show improvements
City analysts hope to see evidence that Woolworths is being turned around in less than two years under new chief executive Steve Johnson.
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Tesco Indian stores on agenda after Tata deal
Tesco is likely to open a retail chain in India if restrictive foreign investment laws in the country are lifted.
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Kinnaird unveils Envy growth plans
Fashion retailer Envy is to open the first standalone store for its Tom Wolfe brand at Westfield London this autumn.
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Lakeland to test new look at Liverpool One
Kitchen and homewares retailer and mail order operator Lakeland will unveil a new format when it opens a store at Liverpool One in mid-October.
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Sales of value range rocket at Carpetright
Carpetright has posted double-digitgrowth for its value range products, as consumers feel the pinch.
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Vodafone to open 50 stores by April
Vodafone is to open another 50 stores, taking its portfolio to 400.
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New Comet site takesservice-led approach
Comet has overhauled its web site to focus on customer service instead of product deals.
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DSGi: The city view
DSGi was the week’s biggest riser as talk spiralled about a likely disposal of its Spanish business and troubled Italian chain UniEuro, encouraging short sellers to close their positions.
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Retail shares spring back as bid rumours surround troubled trio
Reversing the recent pattern, general retail stocks surged as bid speculation, stakebuilding and other chances of corporate action buoyed the sector.
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Signet UK defies City’s gloom as US division fails to sparkle
Signet outperformed City expectations during its second quarter, driven by a resilient UK performance.