All News articles – Page 2003
-
News
Wal-Mart goes public on Asda sales success
Asda has revealed strong sales from the beginning of the year to April 20, as it continues to expand its grocery and non-food store estate.
-
News
OKA has designs on rapid growth
Furniture and interiors retailer OKA is seeking to open up to 20 stores in the next three years, as it bucked the downturn to post a 28 per cent increase in like-for-like sales for the 13 weeks to March 29.
-
News
Jaeger sets out plans for global expansion
Jaeger is seeking retail partners in Russia, the US and Europe to forge ahead with expansion after revealing barnstorming sales.
-
News
London’s April sales buck national trend
London has bucked the high street gloom reporting April sales up 2.7 per cent on the previous year, compared with a 1.5 per cent fall nationally.
-
News
Tough market claims Habitat’s Irish stores
Habitat’s franchise partner in the Republic of Ireland has been forced to close its two stores because of a “severe downturn in sales”.
-
News
Morrisons to plough ahead with organic and Fairtrade expansion
Morrisons is powering ahead with the expansion of its organic and Fairtrade ranges, as the grocer’s food strategy takes shape under chief executive Marc Bolland.
-
News
M&S staff face bonus cuts
Marks & Spencer staff will see their annual bonuses slashed despite the retailer generating profits of more than 1 billion last year.
-
NewsInvestors queue up to revive troubled chains
A string of beleaguered value chains that have hit the buffers recently face a new beginning next week.
-
News
New lows for New Heights, but five shops saved
A handful of New Heights stores have been rescued by Sofa Workshop after its sister furniture retailer collapsed into administration this week.
-
News
Borders puts Paperchase on market following review
Paperchase has been put up for sale by its US owner Borders.
-
News
Justin King lambasts ONS’s inflation stats
Sainsbury’s boss Justin King this week hit out at the Government’s official inflation figures, saying they were giving a misleading view of the grocery market.
-
News
DSGi on course for £1bn online sales
DSGi group chief executive John Browett was poised to reveal that annual online sales at the retailer had passed 1 billion for the first time in his eagerly anticipated strategic review.
-
News
MFI to slash a third of head office and support jobs
Furniture retailer MFI is to axe about a third of its head office and central support staff, as it enters a new phase of its five-year turnaround plan.
-
News
John Lewis sales plummet
Sales at John Lewis fell during the spring sunshine, while sales at Waitrose soared.
-
News
Alliance Boots to unleash potential of power brands
Health and beauty market leader Alliance Boots is to establish a brands division to unleash the massive potential of its proprietary products in the UK and overseas.
-
News
Wal-Mart to push customer service at Marketside stores
Wal-Mart has upped its game in its fight against Tesco’s Fresh & Easy format, promising to deliver “the highest level of customer service” at its small neighbourhood grocery stores.
-
News
Icelandic court nears verdict on Jóhannesson
Iceland’s Supreme Court is expected next month to rule on the long-running allegations of fraud against Baugur executive chairman J n sgeir J hannesson.
-
News
Bankers agree deal to offload Alliance Boots’ debt
KKR-owned Alliance Boots’ bankers are understood to have reached an agreement in principle to sell at least 2 billion of the health and beauty chain’s debt to a private equity consortium comprising Apollo, Blackstone and TPG.
-
News
Tesco urges ASA to ban Ocado ad
Tesco has urged the Advertising Standards Authority to force Ocado to scrap its ad campaign claiming that it is price-matching the UK’s biggest supermarket on 3,500 branded products.
-
News
Sir Tom Hunter fails to halt Dobbies rights issue
Tycoon Sir Tom Hunter has failed in his attempt to halt a rights issue by garden centre Dobbies.