All News articles – Page 2048
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US retail achieves surprise sales rise
US retail sales increased unexpectedly in January, raising hopes that a consumer recession may yet be avoided.
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Rose will spurn bonus if M&S shop staff miss out
Marks & Spencer chief executive Sir Stuart Rose will not take a bonus this year unless store staff also win a payout.
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Clare teams up with Saatchi for e-tail venture
John Clare, former chief executive of electricals group DSGi, is to launch a social networking and retail internet venture called Myfaveshop.com.
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Theo Fennell to step down
Luxury jeweller Theo Fennell has revealed its eponymous creative director will step down in 12 months time, to focus on a more ambassadorial role within the business.
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The Pier buys into system to update EPoS
The Pier has rolled out an EPoS system that is used by many retailers in South Africa after it was brought to the UK by new retail software supplier Argility.
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Play.com takes on iTunes with digital offer
Play.com has today launched PlayDigital, its challenge to iTunes.
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Online reward site rolls out store scheme
Online shopping reward scheme Mutualpoints has launched an offline reward programme for its members.
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Asda staff to share £21m bonus
Asda has now paid 107 million in bonuses to its staff since a performance-related bonus scheme was introduced in 2000, when Asda was bought by Wal-Mart.
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‘Rough times ahead’ for retail
Retail faces one of its toughest years as like-for-like sales are set to nosedive, according to a report by Verdict Consulting.
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Harrods to sell £250-a-glass champagne for Valentine’s
Iconic department store Harrods is to have a sparkling Valentine’s Day by selling champagne at 250 per glass.
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M&S voucher drive sparks stock fears
Marks & Spencer has distributed 800,000 discount vouchers offering 20 per cent off clothing, food and homewares this weekend as the retailer attempts to drive sales in the final weeks of its financial year, according to a report in The Daily Telegraph .
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DSGi raided in Intel probe
Electricals giant DSGi had its headquarters in Hemel Hempstead raided yesterday, as part of the European Union’s investigation of chipmaker Intel.
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Asda promotes Hudson to Living division
Asda has promoted John Hudson to head of retail development at Asda Living with immediate effect. He was previously development surveyor for Asda’s North division.
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Borders appoints heads of marketing and store operations
Bookseller Borders UK has appointed Neil Fitton as head of marketing and promoted James Sneddon to head of store operations, with immediate effect.
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C-stores concerned by Mosquito ban threat
C-store owners have reacted angrily to proposals to end use of the Mosquito, a high-pitched device deployed to disperse gangs of youths who hang around outside shops.
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Westfield London scheme on course for Christmas
Developer Westfield has confirmed that it is on schedule to open its White City shopping centre by Christmas as it hands over an anchor spot to Marks & Spencer to fit out.
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Petrol drives January inflation
Petrol price rises have helped inflation rise to 2.2 per cent in January, up from 2.1 per cent the previous month, according to the Office for National Statistics Consumer Prices Index (CPI).
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Sainsbury's to sell 36 Bells and Jackson's stores sites
Sainsbury's is planning to sell 36 Bells and Jackson's stores it acquired to convert to its Sainsbury's local format.
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Morrisons seeks judicial review of milk inquiry
Supermarket Morrisons, which is suing the Office of Fair Trading (OFT) for libel over allegedly fixing the price of milk, is also seeking a judicial review of the competition watchdog’s handling of the case.
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Netto strengthens senior management team
Netto has hired a store operations director and non-food business unit controller in an effort to strengthen its senior management team.