All News articles – Page 1970
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News
Praktiker growth hit by slump in German market
DIY group Praktiker has warned that sales growth will slow in its second half because of a decline in its German domestic market.
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Carrefour picks new board to streamline management
Shareholders at French grocery giant Carrefour have this week approved the creation of a board of directors to simplify its management structure.
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Topps Tiles sales slump
Topps Tiles has revealed deteriorating sales as the credit crunch continues to hit demand for big-ticket items.
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OFT invites comments on Co-op’s Somerfield buy-out
The Office of Fair Trading (OFT) has invited interested parties to lodge comments about the Co-operative Group’s 1.57 billion acquisition of Somerfield.
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WHSmith picks US system for ad production
WHSmith is to use a promotions management application from US supplier Connect3 Systems.
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Aus technology push for Pets at Home
Pets at Home’s Australian joint venture is introducing technology to improve productivity ahead of continued store expansion.
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Asda slashes petrol prices again
Asda has charged ahead in the petrol price war, slashing its prices by 2p for unleaded petrol and 4p for diesel across all of its forecourts with effect from tomorrow.
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Asda extends use of Odin brand management tool to non-food
Asda has rolled out Odin’s brand management software to non-food.
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Oli creates click-to-buy videos to back Fusion designer launch
Oli plans to introduce editorial-style videos to its web site to promote three of its designer ranges this week.
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Argos distribution workers to strike
Argos distribution staff are to go on strike over pay, after they rejected a renewed offer from the retailer.
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Argos strike back on
Argos distribution staff are going ahead with strike action over a 4 per cent pay offer after suspending it last week when Argos offered them a revised deal.
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Tesco given deadline for decision over Guardian libel action
Tesco must decide by September 15 whether to accept an apology and damages from The Guardian , following the newspaper’s incorrect tax avoidance story, a judge has ruled.
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Government responds to grocery inquiry
The Government has responded to the Competition Commission’s inquiry into the UK grocery sector, saying that it will consider establishing an ombudsman itself if the body cannot come to an agreement with grocers.
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LVMH reports stellar first half
Luxury retail group LVMH has said that it is confident of a strong performance in its second half, after notching up organic sales growth of 12 per cent for its first half.
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Wickes like-for-likes slide 1.1 per cent
Travis Perkins-owned DIY retailer Wickes has revealed a 1.1 per cent decline in like-for-like sales for the six months to June 30.
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White Stuff halts investor search
Fashion retailer White Stuff has called off its search for a strategic investor, as it revealed that like-for-like sales rose 15 per cent in the quarter to the end of July.
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Next sales fall
Like-for-like sales at Next fell 6 per cent in the 26 weeks to July 26, with total sales across the group down 1.8 per cent.
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Retail suffers fewer administrations in second quarter
The number of retailers going into administration fell in the second quarter and first half of this year, despite tough trading.
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Wal-Mart crowned world’s largest retailer for 10th year
Wal-Mart has been ranked the world’s largest retailer for the 10th year running, with Tesco named the third biggest, in a report by Planet Retail.
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Vivienne Westwood heads North
Iconic British fashion label Vivienne Westwood is to open its first Scottish store at Princes Square in Glasgow.