All News articles – Page 1982
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News
Ideal appoints Aujila to board
TV and online shopping channel Ideal Shopping Direct has appointed Pamela Aujila to its board as commercial director.
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Flying Brands to shut Greetings Direct after US move flops
Home shopping group Flying Brands is to shut its Greetings Direct business after its US launch failed.
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John Lewis sales slide 8%
John Lewis has posted an 8.3 per cent fall in sales at its eponymous department store business for the week to June 28.
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Baugur move to UK looks likely
Baugur, the Icelandic investor that controls swathes of the UK high street, is expected to announce today its intention to move to the UK.
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Wal-Mart transforms logo as part of image overhaul
Wal-Mart is to revamp its logo and unveil its new-look branding on US store fascias from this autumn.
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Iceland eyes Somerfield shops to drive growth as profit flies
Iceland has confirmed it wants to snap up as many as 30 Somerfield stores to further its expansion as it revealed a 4.5 per cent increase in profits.
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NewsGerard Darel wins funds for growth
French fashion retailer Gérard Darel is aiming to double its turnover following the acquisition of a majority stake in the retailer by private equity house Advent International.
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DSGi: the City view
There were few surprises in John Browett’s first set of full-year results as chief executive of DSG International but, although the results were well-flagged, Browett struggled to convince the City that better times lie ahead.
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Sales decline spurs Beales to rethink brand
Department store chain Beales is to undertake a repositioning after it suffered a 6.4 per cent drop in like-for-like sales.
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Mounting JJB buy-out talk fuels share activity
Sports retailer JJB’s shares have been fluctuating amid growing market speculation that it could be the target of a management buy-out.
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Argos staff hold strike ballot as 4% pay increase rejected
Distribution staff from Home Retail Group’s Argos demonstrated at the company’s AGM this week ahead of a strike ballot in protest at the 4 per cent pay increase offered by the retailer.
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Carrefour profits set to be lower than forecasts
French retail giant Carrefour has warned that operating profits for this year will not meet original expectations.
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Retailers slide as M&S’s share dive leads wave of falling stocks
While Marks & Spencer’s terrible performance in food grabbed the headlines on Wednesday, it was the general retailers that got a battering, as Sir Stuart Rose warned the market was at its toughest since the early 1990s.
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Ollie & Nic sets sights on 30 UK shops within five years
Bags and accessories retailer Ollie & Nic is gearing up for ambitious expansion, with plans to open 30 stores nationwide in the next five years.
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Findel sales up
Home shopping group Findel has disclosed a 3 per cent rise in group sales in its second quarter, compared with the same period last year.
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Asos set for overseas assault as profits race booms
Asos is poised to launch foreign-language versions of its web site as it sets its sights on international expansion to continue market-leading growth.
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New Look opens at Liverpool One
New Look opened the doors of its 28,500 sq ft store in Liverpool One last Friday with a design that represents its “store of the future”.
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JJB hires MD for lifestyle division
JJB Sports has appointed Chris Lee, founder of men’s lifestyle store chain Microzine, to head its new Sports Lifestyle division.
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99p Stores cashes in on weak economy
Single price-point retailer 99p Stores has reported strong growth as shoppers flock to its stores in an effort to better control their purse strings.
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Matalan seals deal to launch in Middle East
Matalan is to make its overseas debut in the Middle East, with 15 stores opening in the region over the next five years. The value fashion retailer, which this week revealed an 89 per cent increase in full-year pre-tax profits to 53.2 million, has signed an agreement with a ...