All News articles – Page 2069
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Shoppers lap up Sales after playing it safe at Christmas
Retailers have celebrated a strong start to the post-Christmas Sales after facing harsh trading conditions for much of December.
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Music download sales double in 2007
UK consumers downloaded nearly 50 per cent more music tracks in 2007, helped by a end-of-year surge in iPod sales.
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Play.com to launch music download service
Play.com is set to launch a rival to Apple’s iTunes, called PlayDigital, which will offer up to 1 million songs for customers to download.
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Ocado to push into general merchandise
Ocado, the home shopping business in which retailer John Lewis is a stakeholder, is to push into new categories including babywear and flowers.
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Majestic recovers after tough November
Majestic Wine revealed a modest Christmas performance this morning, as its sales were hit by heavy discounting on alcohol by supermarkets.
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Next to beat profit forecasts despite store sales fall
Fashion group Next suffered a 3.2 per cent like-for-like sales fall at its core stores business between July 30 and December 24, but expects full-year profits to beat expectations.
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DSGi warns profit target will be missed by £50 million
Electricals giant DSGi has become the first victim of harsh Christmas trading conditions and issued a profit warning.
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DSGi to close nearly a third of UK stores, analyst forecasts
John Browett, the new chief executive of electricals group DSGi, is likely to shut as many as 200 of the retailer’s 700 UK stores, broker Credit Suisse has forecast.
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Dixons web visits soar
Christmas Day visits to Dixons.co.uk jumped 100 per cent on last year, with Boxing Day visits up 40 per cent.
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Shoppers hit the streets this Christmas
UK shoppers hit the shops on mass this Christmas, raising retail sales by 3.8 per cent year on year, according to SpendingPulse. The growth represents a slight upturn compared to the 3.5 per cent growth in November. This year’s growth shows the strongest upsurge in Christmas spending in the last ...
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Waitrose to open first overseas stores in UAE
Waitrose is to expand abroad for the first time in April, after the supermarket chain signed a licensing agreement with Spinneys to open more than 20 stores in the United Arab Emirates by 2010.
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Asda breaks Christmas sales record
Asda revealed that sales on Christmas Eve were its highest to date, a third higher than its previous biggest Christmas Eve in 2004.
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Asda sales
Asda revealed sales on Christmas Eve were its largest ever, a third higher than its previous biggest Christmas Eve (2004). The grocer completed 21 million transactions in the week before Christmas, with the busiest day being Saturday December 22. Its busiest store (Boldon in the North East) served more than ...
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Game on course to double profits
Specialist retailer Game is set to smash profit estimates, the company said in a trading update this morning.
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Retailers recognised in New Year's Honours list
The contribution of retailers to the economy and to the country as a whole has been recognised in the Queen's New Year's Honours list.
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Kesa enters exclusive talks to sell BUT
Anglo-French electricals giant Kesa has confirmed that it is in exclusive talks to sell its French furniture and electricals business BUT to a private equity consortium.
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Shopper numbers slip back on 27th
Shopper traffic fell back on December 27 as shoppers pulled their sales spending forward to Boxing Day.
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Christmas spending rises
Spending by UK shoppers in the run-up to Christmas rose 3.8 per cent on last year - the best festive performance for three years, according to one of the first estimates to be published.
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Record Christmas for Amazon
E-tail giant Amazon.co.uk broke all its sales records this festive season, receiving orders for 950,000 items in the run-up to Christmas.
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Shoppers come out in force for Boxing Day Sales
Shopper numbers were up by more than a quarter on Boxing Day compared with the same day in 2006 as more retailers launched their Sales on the day this year.