All News articles – Page 1984
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N Brown sales rocket
Good weather in May helped home shopping group N Brown increase turnover 12.3 per cent for the 17 weeks to June 28.
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Tesco challenges Competition Commission
Tesco today launched a legal challenge to one of the remedies recommended by the Competition Commission’s two-year long probe into the grocer sector.
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Baugur considers move to UK
Icelandic investor Baugur is considering whether it could relocate to the UK after the conviction for bookkeeping offences of executive chairman J n sgeir J hannesson.
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Matalan profits double
Value clothing and homewares group Matalan almost doubled profits last year.
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Asos profits rocket 117%
Online fashion retailer Asos continues to buck the downturn, recording pre-tax profits up 117 per cent to 7.3 million.
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Beales sales slump
Department store operator Beales has recorded a 6.4 per cent drop in like-for-like gross sales and warned there will be no uplift for the remainder of its financial year.
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Redevelopment forces Martin Margiela to relocate UK store
Belgian designer fashion retailer Maison Martin Margiela is relocating its only standalone UK store.
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Style Mile BID plan to drive Glasgow retail
A campaign has been launched to raise the profile of retail and general commerce in Glasgow city centre.
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Belfast’s Connswater to get £6m overhaul
Irish developer Killultagh Estates is to invest 6 million in the refurbishment of the Conns-water shopping centre to the east of Belfast.
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Ikea turns to emerging markets for growth
Ikea is shifting its focus for expansion towards developing markets such as China, Russia and Eastern Europe in the wake of the consumer spending downturn.
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Tengelmann to switch focus to fresh in move upmarket
Supermarket chain Tengelmann is to revamp its 700 German stores to focus on fresh produce.
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Fashion Academy to use Oracle package
The retailer-backed Fashion Retail Academy is implementing a buying and merchandising system from Oracle Retail in time for its new academic year.
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JJB speeds up report time with new servers
JJB Sports has reduced the time to produce reports by up to half following an IT infrastructure implementation.
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Richer Sounds extends video demos from web to stores
Richer Sounds is to extend its use of video demonstrations from its web site to its stores.
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Fashion Academy to use Oracle package
The retailer-backed Fashion Retail Academy is implementing a buying and merchandising system from Oracle Retail in time for its new academic year.
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Sainsbury's counts the cost of web crash
Sainsbury’s was back up and running this week, but the supermarket has remained tight-lipped over the “technical glitch” that forced it to suspend its grocery shopping site.
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Kesa: The City View
The Anglo-French electricals combine reported a rise in retail profit of 3.1 per cent to 141.3 million in the 12 months to April 30, when revenues rose 14 per cent to 4.51 billion.
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Grocers’ shares tumble as shoppers embrace discounters
TNS data showing rapid market share growth by hard discounters contributed to a fall in the share prices of quoted grocers. Meanwhile, general stores slipped still further as trading difficulties – real and imagined – undermined sentiment.