All News articles – Page 1966
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Netto mulls online in £1bn UK vision
Discount supermarket chain Netto is considering launching a limited online offer within two years as part of plans to create a 1 billion UK business.
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EBay switches focus away from auctions
EBay is repositioning itself more in-line with traditional e-commerce businesses in an attempt to attract more retailers to its site.
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Ex-Beds Direct bosses outline Heli-Bed plans
The former management of Beds Direct, which hit the buffers last week, are to focus on generating sales from a smaller number of stores at its newly formed retail business Heli-Beds.
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Thorntons tests new format at Kingston
Thorntons has revealed a new-look pilot store that is designed to provide a more contemporary interior for its confectionery.
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Superdrug confident despite slip in profits
Health and beauty retailer Superdrug has reported a sales uplift of 6.8 per cent in its full year accounts, but a dip in pre-tax profits.
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Carphone Warehouse: The City View
Carphone Warehouse has completed its deal with Best Buy for a European joint venture and reportedly plans to have 200 Best Buy outlets in the UK, writes Amy Shields.
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City confidence in retail grows as stores index surges 7% in a day
Retail shares bounced back this week with general retailers outperforming the market.
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Flying Brands upbeat aboutrecovery despite profits blow
Multichannel retailer Flying Brands is confident of a turnaround under its new chief executive, despite a dive in pre-tax profits of more than 55 per cent to 1.2 million for the 26 weeks to June 27.
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Castorama Italy sale is welcomed by City
The sale of Kingfisher’s Castorama Italy business has been greeted with approval by the City.
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B&Q property chief lambasts landlords for being ‘unrealistic’
B&Q property director Terry Hartwell has slammed landlords for failing to respond to retailers’ needs and said that it will be on their heads if more companies go bust before the year is out.
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Derbyshire town gets the nod for £20m scheme
An application to develop the Hepworth Retail and Leisure Park in Swadlincote, Derbyshire, has been given the go-ahead by the local council.
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Liberty International posts losses of £458m
Property giant Liberty International has recorded losses of 458 million for the first half of this year, citing falling income as a result of retailers going bust as one of the key causes.
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Surprise results lift shares of European grocers
European grocery giants Metro, Delhaize and Ahold have bucked the retail gloom as better than expected second quarter sales lifted shares.
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China’s largest fashion chain plans float to fund growth
China’s biggest fashion retailer Metersbonwe is planning an initial public offering (IPO) to raise about Yn1.8 billion ( 133.8 million) to fund store expansion.
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Kate to net £25m from Topshop’s China launch
Kate Moss is set to be an integral part of Topshop’s launch into China, in a deal that could be worth up to 25 million.
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Zavvi rethinks basement level in West End store
Entertainment retailer Zavvi has revamped the basement of its Tottenham Court Road store to reflect its strategy to sell a more diverse range.
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Neal’s Yard to carve niche in Middle East with 50 stores
Hook: Neal’s Yard chief believes the Middle East is a key market for global growth.
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Music and DVD sales continue to slide
The number of shoppers who buy music and DVD products regularly has fallen for the fourth year in a row, according to Verdict Research.
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Woolworths courts bid speculation
Woolworths was the subject of bid speculation yesterday after stakebuilding by an overseas property tycoon.