All News articles – Page 2014
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Shoppers’ food bills climb £800 a year
Family food bills have surged by almost 800 a year, as food inflation forces up supermarket prices.
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OFT apologises to Morrisons over milk price-fixing claims
The Office of Fair Trading (OFT) has apologised to Morrisons and agreed to pay 100,000 in damages, after the grocer was wrongly accused in a price-fixing inquiry.
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Card-not-present fraud soars
Card-not-present (CNP) fraud – the crime that involves obtaining goods and services online or over the phone without a credit card being presented – rose sharply last year.
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Thorntons celebrates sales rise
Upmarket confectioner Thorntons has bucked the tough trading trend to deliver its sixth consecutive quarter of growth.
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Dublin city centre in line for £1bn retail transformation
Irish developer Chartered Land has submitted plans to Dublin City Council for a 1.7 million sq ft (157,930 sq m) retail-led mixed-use scheme that would transform a large part of the city and attract new retailers.
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Roche-Bobois signs for The Heart in Surrey
French home furnishings retailer Roche-Bobois is to open its second store outside London at The Heart in Walton-on-Thames, Surrey.
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King Sturge buys Hamilton Glen
Property agent King Sturge has bought Glasgow-based specialist Hamilton Glen as part of its continued expansion in retail.
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Co-op slams Soil Association labelling system
The Co-operative Group has clashed with the Soil Association over the importance placed on the distance food has travelled by air in a new labelling system.
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Asda's George drops Coleen McLoughlin
Asda has axed Coleen McLoughlin as the face of its George fashion brand as part of its effort to move upmarket.
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NewsEthel Austin circled by up to 40 suitors
Ethel Austin administrator Menzies Corporate Restructuring revealed it has received 30 to 40 expressions of interest from potential bidders for the value fashion chain.
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Primark posts storming sales and profits
Revenues at value fashion retailer Primark soared 25 per cent to 899 million and operating profit jumped 22 per cent to 111 million in the first half, despite a background of tough trading for UK clothing retailers.
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London retail outperforms UK
London’s retail sales outperformed the UK last month, but were well below those achieved the previous March.
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Shopfitters' sales soar
Two of the UK’s largest shopfitting companies have published their annual results, with both posting significant rises amid increasing concern about prospects within the sector.
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NewsNational Schoolwear Centres enters administration
National Schoolwear Centres – a nationwide chain of school uniform shops – went into administration last week.
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Pets at Home profits soar
Specialist retailer Pets at Home's profits rose more than 50 per cent in the year to March 27.
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Cash purchases on the up as credit crunch bites
More consumers are using cash to make retail purchases, as the credit crunch forces a scaling back of spending on plastic cards.
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Supplier eyes Baugur's Moss Bros stake
The Moss Bros founding families are hoping that one of its biggest suppliers, the tailor Berwin & Berwin, will buy Baugur’s 29 per cent stake in the retailer to effectively scupper the Icelandic investor’s planned 40 million acquisition of the menswear company, according to The Daily Telegraph .
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M&S agrees India deal
Marks & Spencer this afternoon confirmed plans to open at least 50 stores in India over the next five years through a joint venture with Reliance Retail
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French threaten LVMH boycott in China row
LVMH chairman Bernard Arnault threw his support behind Beijing as concerns grow in France over Chinese calls for a boycott of French goods.
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News265 shopfloor jobs to go at Ethel Austin
The administrator of value fashion retailer Ethel Austin has announced that 265 shopfloor jobs will be lost when it shuts down 33 loss-making stores over the next three weeks.