All News articles – Page 1988
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Fraser’s new house unveiled
House of Fraser has unveiled its vision for stores as part of plans to become a premium national department store group.
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Schuh profits soar
Privately owned footwear retailer Schuh has revealed an 18 per cent rise in EBITDA to 11.7 million in its last financial year.
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Tesco to roll out mobile till points in Express shops
Tesco is to introduce mobile checkouts to many of its Express formats after testing the devices at a handful of stores.
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American Golf boss quits after 3 years
American Golf chief executive Andrew McDonald has resigned from the specialist retailer for personal reasons after more than three years at the helm.
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Sainsbury’s: the city view
Sainsbury’s reported slowing sales growth in the past three months, but said performance was in line with expectations.
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General retailers knocked again as more industry sagas unfold
It was a week of high drama for general retailers as veteran Woolworths chief executive Trevor Bish-Jones unexpectedly decided to stand down and furniture groups sought emergency finance.
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Superdrug launches rival to Boots' anti-ageing range
Superdrug has launched a rival to Boots’ popular anti-aging cream Perfect & Protect Beauty Serum.
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Waitrose to sponsor Reading FC
Waitrose has signed up to sponsor Reading Football Club, marking the first time a food retailer in Britain has sponsored a major football club.
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Sofa drama nears climax
It is hard to believe that less than three months ago, as he posted interim results, ScS chairman Mike Browne was “confident of a profitable second half”.
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EU to tackle e-tail cross-country trading barriers
The EU’s consumer protection commissioner will today urge for a break down in barriers for internet retailers across Europe, so that customers can take advantage of prices offered by companies in different countries.
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EBTM hires chief to build on growth as it posts first profit
Music-inspired multichannel retailer EBTM has appointed a new chief operating officer to drive growth as the company made a profit for the first time.
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Home Retail Q1 stable but tough times ahead
Home Retail Group recorded flat first-quarter like-for-like sales at its flagship Argos chain – ahead of expectations – but warned that the outlook remains challenging.
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Hamleys’ Jordan opening kick-starts expansion
World-famous toy shop Hamleys opened a three-floor shop in Amman, the capital of Jordan, on Wednesday.
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Borders lines up suitors for Paperchase
Borders is understood to have received indicative offers from Luke Johnson and WHSmith for its stationery chain Paperchase.
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M&S’s ethical Oxfam tie-up drives spending
Marks & Spencer’s ethical trading tie-up with development charity Oxfam has increased general merchandise basket sizes at the retailer.
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Woolies seeks new chief as Bish-Jones makes shock exit
Woolworths chief executive Trevor Bish-Jones’ shock decision to stand down has prompted fevered speculation about who might succeed him in one of retail’s most challenging roles.
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Beaverbrooks moves to wireless network
Beaverbrooks has installed a wireless network and 3G back-up system across its 62 stores.
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M&S gives out discount vouchers ahead of update
Marks & Spencer has given out almost 1 million discount vouchers ahead of its trading update next month.
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Moss Bros chairman steps down
Moss Bros has announced that Keith Hamill has today stepped down, leaving the beleaguered retailer without a chairman, as forecast in today’s Retail Week .
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Another tough week for John Lewis
John Lewis reported another fall in sales as it comes up against tough comparatives.