All News articles – Page 1975
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Central London outperforms rest of UK
Retail sales in central London have continued to outpace the UK as a whole.
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Families’ disposable income still shrinking
The average family is 9 a week worse off compared with June last year, Asda’s income tracker has found.
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Tesco to build straw-powered energy plant
Tesco has been given the go ahead to build Britain’s first straw-powered, combined heat and power plant.
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Dune on a mission to up presence overseas
Footwear chain Dune is to ramp up its overseas expansion with a target of 50 shops outside the UK within the next five years.
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Thorntons: the city view
Thorntons will open five new-format stores next month after posting a like-for-like sales increase of 3.6 per cent for the 10 weeks to June 28, writes Jennifer Creevy.
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Inflation shock and sales slump send FTSE 100 and retail down
A market rally on Monday was reversed as a slew of bad news broke.
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Game to give Gamestation web site an overhaul
Game is to relaunch the web site of its sister business Gamestation in an effort to strengthen its offer this Christmas.
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Jewellery Channel aims for profitability as sales double
TV shopping retailer The Jewellery Channel is to become profitable this year after nearly doubling its sales last year.
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E-tail sales remain immune to downturn
Shoppers spent more than 26.5 billion online in the first half of 2008, up 38 per cent on the 19.2 billion recorded at the same time last year.
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M&S slashes men's suit to £24
Marks & Spencer slashed the price of selected men’s suits yesterday to only 24 as it started its summer Sale.
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John Lewis Sale puts retailer back on course
John Lewis has ended its falling sales trend with a strong week for its clearance Sale, recording sales up 5.9 per cent for the week to July 12.
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Asda launches price-cuts weekend
Asda is to slash the price of a dozen core groceries this weekend as shoppers start to feel the pinch towards the end of the month.
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Ikea picks internal candidate to replace Hogsted
Martin Hansson will replace Peter Hogsted as retail manager of Ikea UK after DIY giant Kingfisher poached him to head its international operations.
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B&M Bargains pushes button on rapid growth as crunch lifts sales
Sales at B&M Bargains soared this year as consumers sought out discount prices in the wake of the credit crunch.
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Co-op chief: Somerfield integration will be easy
Co-operative Group chief executive Peter Marks has insisted the retailer’s integration of Somerfield will be smooth and without culture clashes.
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Mamas & Papas sales sparkle
Mamas & Papas has bucked the retail gloom to notch up a like-for-like sales increase of 46 per cent for its maternity fashion ranges during its spring/summer trading season.
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River Island targets Russia as overseas growth gathers pace
Young-fashion powerhouse River Island intends to break into the Russian market in the next stage of its overseas push.
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Walgreens slows growth to curb expenditure
Walgreens is to scale back its drugstore growth in an effort to reduce its capital expenditure by about US$500 million ( 251.2 million) over the next three financial years.
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Saint Maclou tightens grip on French carpet market
Saint Maclou, the French parent company of UK carpet retailer Allied Carpets, has ramped up its European presence by acquiring its biggest French rival – Mondial Moquette – and Switzerland’s Carpetland Suisse.
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Jessops pins recovery hopes on three new store formats
Jessops believes three new store formats could improve its fortunes, despite revealing a 5.5 per cent slump in like-for-likes in the 41 weeks to July 13.