All News articles – Page 2089
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Little Miss Matched eyes 50 UK stores in five years
Children’s clothing retailer Little Miss Matched intends to open up to 50 shops in the UK in the next three to five years, after opening its first store in the UK at Bluewater shopping centre in Kent this summer.
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Inflation surges in October
The annual rate of inflation jumped to 2.1 per cent in October, compared with 1.8 per cent in September, according to the Consumer Price Index (CPI).
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Onlien record for Dixons
The Consumer Price Index (CPI) for October showed the rate of annual inflation jumping from September’s 1.8 per cent to 2.1 per cent. The bulk of the increase was due to rising petrol prices, but there was also a substantial upward movement in the price of food, particularly meat and ...
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Grocers face turkey shortages
Supermarkets could face a shortage of turkeys this Christmas as tests are carried out on a farm in Suffolk where the turkeys are understood to have contracted avian flu.
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Online shopping set to soar this Christmas
Shopping online is expected to double to 14 per cent this Christmas, compared with 7 per cent last year, as consumers defy the credit crunch and continue spending.
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Carrefour mulls India wholesaling venture
Carrefour is considering going it alone in India following its failure to find a suitable partner to set up a joint venture in the country.
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Former Jimmy Choo boss to build fashion brands
Robert Benoussan, former chief executive of designer shoe retailer Jimmy Choo, is understood to be on the hunt for investment opportunities in British fashion brands, with a view to take them onto an international platform.
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Athlone Towncentre scheme opens to 15,000 shoppers
Ireland’s Athlone Towncentre scheme opened last weekend with more than 15,000 shoppers converging on the 500 million ( 348.3 million) mixed-use development.
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Developers pick town centre jobs over out-of-town
Three quarters of developers would prefer to develop a town centre scheme rather than an out-of-town equivalent, according to research from Hartnell Taylor Cook.
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PMA launches shopping mall benchmark scheme
The Property Managers Association (PMA) has created an audit programme designed to help retailers see exactly what they’re paying for at shopping centres.
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October like-for-likes climb in Central London
October’s retail like-for-like sales in Central London rose 11 per cent, bolstered by overseas shoppers, according to the BRC.
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Ponden Mill sold for £6 million
Home furnishings chain Ponden Mill has been sold for a reported 6 million.
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French Connection like-for-likes down
Like-for-like sales at French Connection fell 3 per cent in the first 14 weeks of the second half of its financial year.
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Majestic Wine profits up 17% in first half
Majestic Wine has posted strong profits and robust sales for the 26 weeks ending October 1.
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Tesco Direct on course to smash sales forecast
Tesco’s non-food catalogue and web business is likely to deliver sales a third higher than expected in its first full year of trading.
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Supermarkets to face Turkey shortage
Bernard Matthews’ trade union members voted yesterday to hold their first one-day strike over pay on November 15 at the firm’s site in East Anglia .
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Oddbins suffers further losses
Wine retailer Oddbins suffered a pre-tax loss of 8.6 million in the year to December 31.
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John Lewis posts disappointing sales
Department store John Lewis posted lacklustre sales in the week to November 3, in a further sign of a slowdown on the high street.
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Department stores set for growth
Department stores have a bright future, with the sector’s growth rate forecast to double in the next five years, according to a report by Verdict.