All News articles – Page 1969
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Shoe retailers in limbo over Asian import tax
Footwear retailers are preparing for the worst as the European Union decides whether to extend the 2006 anti-dumping laws due to expire this October.
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Rumours of MFI restructure played down
The appointment of directors of restructuring specialist Hilco to the board of MFI-owner MEP Mayflower does not signal a need for emergency surgery, sources close to the retailer insist.
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Government to pick grocery czar if talks fail
The Government will consider bringing in a grocery ombudsman itself if the Competition Commission cannot come to an agreement with the supermarkets.
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BRC slams Government over Crossrail costs
The British Retail Consortium has hit out at the Government for leaving retailers in the dark over the funding of the 16 billion Crossrail train service running across London, which was given the green light last week.
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New Look and Debs to enter North Africa
New Look and Debenhams are to open stores in North Africa in an effort to take advantage of the region’s burgeoning economy.
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Tesco to ramp up banking offer in stores following £950m RBS deal
Tesco is poised to roll out personal finance desks in about 200 of its Extra superstores after buying Royal Bank of Scotland’s 50 per cent stake in Tesco Personal Finance (TPF) for 950 million.
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Fenwick to expand its floorspace at flagship
Department store group Fenwick is to enlarge its flagship store on London’s Bond Street by about 14,000 sq ft.
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Oli sales hit £23m in mixed maiden year
Otto has revealed sales of 23 million for its fashion brand Oli in its first full year of trading, as a new chief executive takes the helm of the UK arm.
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Harrods unveils interactive store promo to examine shopping habits
Harrods is to host an in-store promotion to find out how its customers’ shopping habits are influenced by merging shopping with theatre.
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NewsTJ Hughes grows again after fourfold profit rise
TJ Hughes has reignited its expansion plans after notching up full-year pre-tax profits more than quadruple the previous year.
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Tesco: The city view
Tesco’s share price fell a little this week, reflecting what analysts said was the “full” price paid for Tesco Personal Finance.
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Woolies update and CBI figuresdo nothing to dispel retail gloom
Plummeting sales at Woolworths and a gloomy CBI survey kept the downward pressure on store shares, but a better-than-feared update from Next and director share buying at Marks & Spencer provided some reassurance.
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New-look JJB stores bolster lacklustre like-for-like sales
New storefits at JJB have helped increase like-for-like sales at refurbished shops.
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Kingfisher reverses UK decline as B&Q revives
Kingfisher, Europe’s biggest DIY group, posted a 1.5 per cent fall in second quarter like-for-like sales, but the City was impressed by its UK performance.
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Selfridges gives technology area a makeover
Selfridges is to remodel the technology department at its flagship Oxford Street store to emphasise top-end branded merchandise.
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Borders UK to spice up web offer with series of podcasts
Books and entertainment retailer Borders UK is to launch an online audio podcast series in an effort to drive traffic to its web site.
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Consumer confidence nosedives
Consumer confidence has plummeted to an all-time low as concerns over the economy and finances take hold.
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Retailers rethink business travel
More than half of retailers say they have changed the way they consider business travel out of concern for the environment, a survey has revealed.
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Games Workshop hits expansion trail
Games Workshop is to enter a new phase of expansion following a review of its store portfolio last year when it closed some of its stores.
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Carphone seals Best Buy deal
Carphone Warehouse has completed its deal with US electricals giant Best Buy to launch a European retail business.