All News articles – Page 2077
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Woolworths gives stores Simpsons branding for DVD push
Woolworths is to transform its fascias to canary yellow next week to promote The Simpsons Movie , which is released on DVD on Monday.
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Gap November sales up
November sales at US clothing giant Gap jumped 11 per cent to US$1.54 billion ( 759.4 million), compared with last year.
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New Look launchs e-commerce site in time for Christmas
New Look has launched its transactional web site just in time to cash in on crucial online sales this Christmas The fast fashion retailer has launched its womenswear and accessories range on the site and will test its success over the festive period before adding its menswear and kidswear offers ...
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Monsoon shares suspended
Monsoon has suspended trading on AIM ahead of being taken private by chairman and founder Peter Simon.
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John Lewis sales up
John Lewis department stores revealed sales were up 6 per cent in the week to Wednesday year on year and rose 15 per cent on last week, driven by sales of toys, electronics and beauty.
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Insurers association hits out at Ashley
Mike Ashley has come up against yet more criticism from the City – this time from the Association of British Insurers (ABI), which criticised the way Sport’s Direct has been run since its float.
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M&S consults Criado-Perez about China move
Marks & Spencer has been consulting former Safeway chief executive Carlos Criado-Perez about M&S’ ambitious expansion plans for China, according to a report in The Times.
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Waitrose runs short of organic turkeys
Shoppers were warned they could face a shortage of organic turkeys this Christmas, following the culling of tens of thousands of the birds because of the bird flu outbreak in East Anglia.
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OFT fines Sainsbury's and Asda for milk price fixing
Two of the big four grocers and certain dairy processors have agreed to pay combined fines of more than 116 million after they admitted involvement in fixing milk and cheese prices.
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JD Sports warns Christmas still vital despite like-for-like surge
JD Sports has warned that Christmas trading is crucial if it is to achieve its forecasts to exceed market expectations this year.
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ScS orders plummet as credit crunch takes toll
A dismal trading update from ScS Upholstery has increased fears that the credit crunch and interest rate rises are beginning to bite deeply into the performance of big-ticket retailers.
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NewsTopshop drives online with Facebook tie-up
Topshop is promoting products on Facebook to drive traffic to its web site in the latest sign of the growing importance of social networking sites to retailers.
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Tesco rejects food inflation claims
Tesco has dismissed reports of spiralling food inflation as “nonsense” after it unveiling a credit crunch-defying set of figures for the 13 weeks to November 24.
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Moss Bros to overhaul supply as sales tumble
Chief executive Philip Mountford said he would reduce the retailer’s supplier base by 10 per cent and SKUs by 5 per cent to lower costs for the business and concentrate on growth.
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News99p Stores outlines aggressive growth agenda to revive profits
Discount retailer 99p Stores has vowed to return to profitability next year following two years of losses.
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US spending squeeze to hit fashion hardest
Credit ratings agency Moody’s has warned of a bleak future for the US clothing industry, with consumers likely to trade down in the wake of gloomy economic conditions.
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Browett vows to put customers first at DSGi
Incoming DSGi group chief executive John Browett has vowed to pursue a customer-centric strategy and re-energise the electricals giant as he took the helm this week.
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Norman to whip Coles into shape with revival strategy
Asda saviour Archie Norman is to be “chief coach” to Australian store group Coles following its sale and intends to transform its business culture.
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Argos hit by Irish strike in key Christmas period
Catalogue store group Argos has been hit by strike action at its Republic of Ireland division at the height of the Christmas trading period.