All News articles – Page 2099
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News
Argos drives Home Retail profits up
General merchandise to DIY group Home Retail has posted a surge in first-half profits, powered by the Argos catalogue store chain.
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Westfield launches leasing campaign for Eat Gallery
Westfield London has begun a leasing campaign for the food quarter of its shopping centre at White City, due to open at the end of next year.
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Russia tops Euro league for upcoming centre space
Russia has more than 49.5 million sq ft (4.6 million sq m) of shopping centre space opening in the next 18 months, topping the ranking for the whole of Europe.
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Russia tops Euro league for upcoming centre space
Russia has more than 49.5 million sq ft (4.6 million sq m) of shopping centre space opening in the next 18 months, topping the ranking for the whole of Europe.
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Louis Vuitton to open Maison store in London
Luxury retailer Louis Vuitton is to open a flagship Maison store on London’s New Bond Street, after securing the property next door to its Louis Vuitton store.
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Flying Brands downgrades expectations
Strikes, the weather and Australian launch cited as home shopping group Flying Brand posts downbeat trading update.
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Nike buys Umbro
US sports brand Nike has struck a deal to buy England football team kit-maker Umbro for US$580 million ( 284.4 million).
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HMV to launch PC gaming centre
HMV is poised to launch one of the UK’s largest PC gaming centres in partnership with new gaming centre group Gamerbase next month.
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Private equity snaps up stake in Abel & Cole
Organic fruit and vegetable delivery company Abel & Cole has sold a stake in its business to private equity firm Phoenix Equity Partners, as revealed by Retail Week (October 19).
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Debenhams full-year profits rise
Debenhams has reported pre-tax profits up 11.5 per cent in the year to September 1.
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Thresher sells 45 stores
Thresher Group is to offload 45 off-licences, as its private equity owners conduct a 100-day strategic review.
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Doubts quashed over Sainsbury's takeover funding
Speculation that the 10.6 billion Delta Two takeover of Sainsbury’s could be in doubt because of the Qatari’s finance arrangements is unfounded, it is understood.
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Baugur fashion brands head for Germany
Icelandic investment firm Baugur is to open 300 shops in Germany after striking a joint venture agreement with entrepreneur Kristinn Gunnarsson.
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Mothercare social networking site ready for debut
Maternity specialist Mothercare will launch a social networking site for parents this week, as first revealed by Retail Week (September 28).
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Burberry to expand shop empire as retail sales soar
Luxury goods retailer Burberry is to open more stores in Europe and the US as part of its strategy to drive retail sales.
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USC opens first menswear shop in Nottingham
Sir Tom Hunter opened his menswear-only USC store in Nottingham last week, as the retailer sets out to grow its presence in the men’s lifestyle sector.
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Wickes delivers solid sales as Travis Perkins initiatives pay
DIY chain Wickes reported an 8.5 per cent sales rise for the 39-week period to September 29.
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Currys.digital tunes into digital TV frenzy
DSGi’s Whitehaven Currys.digital store in Cumbria received a surge in sales in the month run-up to the town becoming the first place in the UK to switch off analogue TV.
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Grocers stay ahead of the game as sector takes turn for the worst
General retail’s rally of the past few weeks hit the buffers as stores badly lagged in the All Share once again. Grocers outperformed, driven by Tesco’s bullishness and bid hopes for Sainsbury’s.
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Tesco clothing executive defects to Figleaves
Tesco’s Central European clothing boss has quit to become chief executive of online lingerie retailer Figleaves.com, prompting renewed suggestions of a brain-drain at the UK supermarket giant.