All News articles – Page 2067
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Promotions drive modest Christmas grocery growth
UK supermarkets posted robust sales over the festive period, but record levels of promotions in the grocery sector did not deliver a last-minute rush of shoppers before Christmas.
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C-stores fuel Co-op’s Christmas growth
The Co-operative Group has celebrated a happy Christmas on the back of a strong performance from convenience stores and remodelled shops.
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Dreams store count to rise in 2008
Bed specialist Dreams wants to open 50 stores in 2008 to take its portfolio to 220 by the end of the year.
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Property Directors’ Club
The Effect of Regeneration on Retailers will be the subject of the next meeting of the Retail Week Property Directors’ Club, which is being held in London on January 22.
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Burberry bags clean up
Handbags now account for 31 per cent of sales at luxury retailer Burberry and the five-figure price tag for its latest It Bag has not deterred its devotees.
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Kerry Katona faces Iceland axe
Frozen food retailer Iceland is thought to be axing celebrity Kerry Katona from its TV ads.
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JLP sales climb at Christmas
John Lewis Partnership has posted strong growth at both its department store and Waitrose supermarket divisions for the five weeks to January 5.
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Adili's sales soar
Sales at ethical e-tailer Adili rose 388 per cent in the four weeks to December 21, compared with the same period in 2006.
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Topps Tiles reports sales rise
Tile specialist Topps Tiles has reported that trading in the first 13 weeks of its new financial period remained positive, despite a tough retail market.
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Alexon profit buoyed by post-Christmas trade
Alexon revealed that post-Christmas trading lifted performance and that profits for the 52 weeks to January 26 are expected to be no lower than 12.5 million.
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Dunelm reports strong sales growth
Homewares retailer Dunelm has reported total sales growth of 10.6 per cent for the 26 weeks to December 29, 2007 – up from 178.4 million to 197.4 million.
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Jessops posts flat like-for-like sales
Struggling camera specialist Jessops has reported flat like-for-likes sales for the 7 weeks to January 6.
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Worst December sales in three years
Retail sales rose only 0.3 per cent in December on a like-for-like basis, compared with the previous year when sales were up 2.5 per cent, marking the worst December performance in three years.
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Tesco to equal discounters’ prices
Tesco will match the prices on more than 2,000 Aldi and Lidl product lines, a sign of the grocer’s concern over the rising popularity of its discount rivals.
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Sainsbury's shares plunge on back of City festive fears
Sainsbury’s shares have slumped to their lowest in more than a year as fears swept the City that the grocer had a disappointing Christmas.
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Tesco to match discounters’ prices
Tesco will match the prices on more than 2,000 Aldi and Lidl product lines, a sign of the grocer’s concern over the rising popularity of its discount rivals.
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House of Fraser to open new store in Belfast
House of Fraser's first store in more than two years is set to open in Belfast at the end of March.
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Primark to take Oxford Street design to Bristol and Belfast
Following the success of its Oxford Street flagship Primark is making steps to take the store design to its forthcoming new outlets in Bristol and Belfast.
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Select on verge of administration
Women’s fashion chain Select Retail is understood to be on the brink of administration, the latest casualty of dire trading in the fashion sector.
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Tesco to match discounter's prices
Tesco will match the prices on over 2,000 Aldi and Lidl product lines in a sign of the grocer’s concern over the rising popularity of its discount rivals.