All News articles – Page 1998
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Crunch helps retailers improve lease terms
Retailers are using the downturn to take advantage of driving better terms from their landlords, according to research from the CBI and property agent GVA Grimley.
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Morrisons to exploit surplus space for non-food retailers
Morrisons has become the latest of the big supermarkets to exploit its property portfolio with plans for non-food retail developments on parts of its sites.
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Blue Inc to offer womenswear as it chases growth
Young menswear retailer Blue Inc is to roll out its womenswear offer Pink Inc and launch a new store concept, as it continues to eye growth opportunities.
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Superdrug signs pop icon for skin campaign
Health and beauty retailer Superdrug has scored a coup by signing pop star Leona Lewis to front its skin safety campaign Shunburn.
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NewsKnickerbox rebrands to drive sales
Ann Summers is to relaunch Knickerbox in July, in an effort to double its sales in two years.
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DIY chains take hammering over first quarter
The world’s two largest home improvement retailers, Home Depot and Lowe’s, have reported a meltdown in first-quarter profits as the US housing market continues to slump.
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Pull and Bear makes UK debut in Liverpool
Inditex young casualwear fascia Pull and Bear opened its first UK store yesterday in Liverpool.
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Gap profits soar while Old Navy haemorrhages sales
Beleaguered US fashion group Gap has suffered a like-for-like sales dive in its first quarter, with chief executive Glenn Murphy describing the retail climate as “one of the toughest” in recent memory, despite profits soaring 40 per cent over the period.
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Neal’s Yard gears up for expansion
Natural health and well-being retailer Neal’s Yard Remedies is to ramp up its expansion programme to give it 50 stores by 2010.
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Stylo reveals new image for shoe chain Barratts as losses mount
Shoe retailer Stylo has unveiled a new store concept for its Barratts chain as the group revealed pre-tax losses of 7.8 million for the year to February 2.
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Wilkinson to open first store in Scotland
Value retailer Wilkinson is to take its discount offer north of the border with the opening of its first store in Scotland this autumn.
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Shopfitters feel effects of harsh retail climate
Shopfitters are hitting hard times as they start to bear the brunt of retailers’ attempts to cut costs as the economic climate toughens.
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Amazon UK chases cosmetics share
Amazon UK has expanded its product categories with the launch of an online health and beauty shop in an effort to take a share of the lucrative cosmetics market.
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Northern Foods staff protest at factory closure
Staff from Marks & Spencer ready meal supplier Northern Foods confronted the retailer’s directors yesterday in a showdown at its Marble Arch store.
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John Lewis sales fall again
John Lewis Partnership has suffered another drop in sales at its department stores.
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Grocery bills rise 5.8%
The cost of groceries have soared 5.8 per cent since the start of the year, according to a Verdict report.
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NewsBill Gates buys stake in Carpetright
Carpetright has been given an unexpected boost after Microsoft billionnaire Bill Gates bought a 3 per cent stake in the flooring and carpet specialist.
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Flying Brands to miss targets
Home shopping group Flying Brands has continued to suffer from bad debts and warned that it will miss full-year profits by 1.1 million.
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Liverpool One opens
Grosvenor’s 1 billion retail, leisure and residential scheme Liverpool One opens its doors today.
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Tesco to save £10 million with private mobile network
Tesco expects to save 8 million to 10 million a year with the creation of an innovative telecommunications network for the group’s UK and international operations.