All News articles – Page 2027
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Hiatus for retailers as generalists and food groups defy the gloom
Embattled retailers had a week out of the trenches as the market generally enjoyed some respite from financial turmoil.
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Sport Direct snaps up stores from rival JJB
Sports Direct is understood to have secured a package of stores from rival JJB Sports.
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Wintry Easter brings a mixed bag for fashion
Fashion retailers have reported mixed fortunes over the Easter holiday weekend, as the wintry weather and early fall of Easter led to volatile sales.
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Sainsbury’s finance chief warns food prices will continue to rise
Sainsbury’s finance director Darren Shapland warned that food inflation showed no immediate sign of cooling as the grocer posted fourth-quarter growth and unveiled a property joint venture.
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Debenhams shares nosedive as key investor sells stake
Shares in Debenhams nosedived yesterday after Merrill Lynch Private Equity sold its remaining stake in the department store group.
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M&S shareholder rejects fresh explanation over Rose's dual role
Marks & Spencer’s biggest shareholder has rejected a fresh explanation by the retailer about its decision to promote Sir Stuart Rose from chief executive to executive chairman.
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Somerfield posts strong pre-Easter sales
Local grocery chain Somerfield has revealed strong like-for-like sales for the 12 weeks to Easter, as it continues its extensive store refurbishment programme.
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Land of Leather like-for-likes tumble
Land of Leather has announced a slump in like-for-like sales and the retirement of chief executive Paul Briant.
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Blacks chief targets growth through acquisition of rivals
Blacks Leisure chief executive Neil Gillis has set his sights on acquiring rival outdoor retailers and expanding overseas once he has whipped the UK business into shape.
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Cheshire outlines Kingfisher vision as sales climb
Kingfisher group chief executive Ian Cheshire has outlined his vision for the future of the retailer as it reported a sales increase.
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Clinton profit hike bucks market
Greeting cards giant Clinton Cards registered an 18 per cent jump in adjusted net pre-tax profits in the half year to January 27.
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Laura Ashley profits soar but like-for-likes slide
Fashion to furnishings retailer Laura Ashley has announced a fifth year of profit growth, despite a slump in like-for-likes.
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EU probes Visa charges
The EU is to investigate the fees levied by Visa on cross-border credit and debit card transactions, it was announced today.
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Asos to expand brand portfolio
Online fashion e-tailer Asos will increase its brand portfolio by almost 70 per cent for autumn/winter 2008.
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Fashion retailer Morgan to shut stores division
Fashion retailer Morgan is to shut all 35 of its retail outlets.
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Geox launches spring ad campaign
Footwear retailer and manufacturer Geox this week launched its spring/summer ad campaign.
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Carphone says SOA is cost effective
Carphone Warehouse has revealed that the business services it has created within its service oriented architecture (SOA) strategy become cost effective when they are reused three times.
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Game shoppers give thumbs up to online ratings
Game revealed its customers are responding well to the rating and review tools added to its web site.
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Asda claims cost of living is up 5.2 per cent
The average UK household is 7 a week worse off, with the year-on-year cost of living rising 5.2 per cent, according to figures from Asda.
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Integrated contactless system launches at Eat
Sandwich shop Eat has become the first merchant in the UK to go live with a contactless payment system that is integrated with its EPoS software.

















