All News articles – Page 2044
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Ashley’s pricing rethink pays off as profits rocket at Lillywhites
Sports Direct boss Mike Ashley’s world-famous Lillywhites business has nearly doubled pre-tax profits after taking a more ambitious approach to pricing.
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Grocers go all out for Fairtrade Fortnight
The UK’s biggest grocers are touting their Fairtrade credentials ahead of the start of Fairtrade Fortnight next week.
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LK Bennett ups profile as it lands Regent Street site
LK Bennett has secured a flagship store at a prestigious site on London’s Regent Street, propelling the retailer onto the global stage.
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January sales rebound
Retail sales climbed 0.8 per cent in January – a marked improvement on the 0.2 per cent fall recorded for December – according to the Office for National Statistics.
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WHSmith to return £90m to investors
WHSmith shareholders will net 90 million through a special dividend and share buy-back programme.
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Phones 4U snaps up online rival
Mobile phone specialist Phones 4U has bought online retailer Dial-a-Phone for 9 million.
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Competition test will allow Asda to double store openings
Asda expects to benefit from the Competition Commission’s proposed “competition test” for new supermarket openings, because it will mean it is able to double the number of shops it opens a year.
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Kingfisher reports poor trading in fourth quarter
Kingfisher reported weak trading in its fourth quarter to February 3, but said full-year pre-tax profit will be in line with expectations.
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Europe’s Next
Fashion powerhouse launches web offer on the continent as international gold rush accelerates
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Tesco calls for 'responsible pricing’ on alcohol
Tesco will call on the Prime Minister today to create new laws to ban the sale of cut-price alcohol.
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Whole Foods boss happy with London store’s performance
Whole Foods Market chairman and chief executive John Mackey has mounted a robust defence of the performance of its debut UK store in London.
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People Tree gets £1 million injection
People Tree has landed a 1 million cash injection from financier Oikocredit to help fund a year of expansion for the ethical fashion brand.
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Specsavers seals £4.5m global broadband deal
Specsavers has signed a £4.5 million five-year deal with Vanco to provide a broadband network spanning six countries.
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Sainsbury’s plans to step up its at-source security tagging
Sainsbury’s is hoping to extend its source-tagging programme after completing the roll-out of security technology to all its supermarkets.
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Tesco to expand its use of electronic shelf-edge labels
Tesco is to extend its use of electronic shelf-edge labelling (ESL) using a system from Swedish vendor Pricer.
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Asda to invest £400m in expansion
Asda will open about 20 stores over the next year and push its online operation as part of a 400 million expansion programme.
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Old Navy president steps down
Gap is searching for a new president of its Old Navy brand after Dawn Robertson stepped down 16 months after being drafted in to turn around flagging sales.
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Thorntons profits and sales jump 14%
Thorntons has delivered a 14 per cent increase in pre-tax profits and total sales for the 28 weeks to January 12.
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Tesco defends its £2 chickens
Tesco has defended its decision to sell whole chickens for less than 2, vowing that it is the grocer itself that shoulders the price cut.