All News articles – Page 2004
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News
First impressions: Browett's big day
There was an absence of much-anticipated blood on the carpet today when new DSGi chief executive John Browett unveiled his strategic review.
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Dobbies refuses Sir Tom Hunter’s order
The board of Dobbies Garden Centres has confirmed that Sir Tom Hunter’s application for an interim order has been refused.
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Au Naturale sold to undisclosed buyer
Value homewares retailer Au Naturale has been acquired out of administration by an unnamed buyer.
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H&M sales plummet
Swedish fashion retailer H&M has posted a 10 per cent fall in like-for-like sales for April after bearing the brunt of cold weather, but said trade in the first two weeks of May had improved.
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Phones 4U to face Ofcom inquiry
Phones 4U faces investigation by telecoms regulator Ofcom for alleged phone mis-selling.
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Clinton posts flat sales
Clinton Cards’ sales were flat in its third quarter and it faces more challenging conditions on the high street.
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Browett outlines DSGi strategy
DSG International chief executive John Browett has unveiled a five-point plan that he claims will transform the embattled electricals giant.
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Findel to halt recruitment of new higher-risk customers
Home shopping retailer Findel will stop recruiting higher-risk new customers to its credit business and focus on driving revenues from its established customer base, after a “disappointing” year.
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Carrefour sales soar
French supermarket giant Carrefour defied analysts’ forecasts by reporting first-quarter revenues of €23.38 billion ( 18.6 billion) for the three months to March 31, despite trading in China being hit by anti-French protests over the Olympics.
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TK Maxx posts strong sales
TK Maxx's like-for-like sales rose 6 per cent in for the first quarter of this year in Europe.
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Tesco supplier management simplified by RollStream
Tesco has halved the time taken to set up new suppliers of not-for-resale goods and services.
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Mobile technology hits mainstream
The majority of UK retailers are now using mobile technology to improve store and supply chain productivity, according to retail business process consultancy Martec’s UK IT in Retail Report 2008/9, produced in partnership with Torex.
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Vodafone launches staff mobile intranet
Vodafone Retail is revolutionising store communications with an intranet service that is accessible via its employees’ mobile phones.
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Waitrose drops 'Quality Food' strapline
Waitrose is to kick off its latest advertising this week with a campaign that brings an end to its seven-year-old slogan: “Quality Food, Honestly Priced”.
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Argos faces strike action
Home Retail Group faces possible strike action at its catalogue retailer Argos after union Unite said it will hold a ballot to take industrial action over pay.
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Tesco buys South Korean Homever stores
Tesco has bolstered its South Korean business with the acquisition of 36 Homever stores for 958 million.
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ScS issues profit warning
Sofa specialist ScS has issued the latest in a string of profit warnings after dire sales over the key bank holiday weekend.
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Sainsbury’s results sparkle
Supermarket group Sainsbury’s is to launch a general merchandise offer online as chief executive Justin King’s strategy shifts from delivering recovery to growth.
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Tesco's Leahy's pay rose 18.5 per cent last year
Tesco chief executive Sir Terry Leahy took home more than 5.4 million last year – an increase of 18.5 per cent.
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Oxford Street stores closed by fatal stabbing
Nearly 20 retailers on London’s Oxford Street have been forced to close while the Metropolitan Police investigate a fatal stabbing that took place yesterday outside McDonald’s, near Oxford Circus.