All News articles – Page 2111
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Alexon voices trading fears as it delivers static half-year sales
Fashion group Alexon has warned that current trading is still weak after it posted flat total sales for the 26 weeks to July 28.
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Esselunga boss denies supermarket sell-off
Esselunga founder and chairman Bernardo Caprotti failed to clarify his plans for the future of the Italian supermarket chain, after ruling out a sale to Tesco or Wal-Mart
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Game revamps online offer as profits revive
Game Group has relaunched its web site with an Argos-style Click and Collect service, in an attempt to drive customers into its stores.
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Körber’s departure drives divestment talks at Metro
The surprise departure of chief executive Hans-Joachim K rber from German retailer Metro has fuelled speculation that it will sell its troubled department store chain Kaufhof
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Original Factory Shop up for sale
Barclays Private Equity has put clothing retailer Original Factory Shop up for sale for an estimated £70 million to £80 million.
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Harveys gears up for giant Corrie campaign
Furniture retailer Harveys will launch its high-profile sponsorship campaign of ITV’s Coronation Street on Sunday
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Morrisons: the city ciew
The Northern grocer last week hailed a “profit recovery on track” as interim operating profits surged 57 per cent to 247 million on turnover up 2.8 per cent to 6 billion.
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Mothercare mums’ forum to tap into craze for social networking
Maternity specialist Mothercare is to launch a social networking forum to more powerfully exploit its unique retail status
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More mixed fortunes as grocers outshine ailing general market
A welter of trading updates brought mixed news. Although retailers such as Game and Dunelm impressed, general retailers remained unpopular.
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Matalan accelerates repayment of debt
Value fashion retailer Matalan has paid back more than 47 million of debt to its banks ahead of schedule and has strongly rebuffed speculation that it was heading for a financial crunch
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John David to launch e-tail site for Scotts arm
John David Group, which owns JD Sports, will launch a transactional web site for Scotts, its fashion arm, before the end of the year
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Mystery surrounds jewellery chief Piasecki’s suspension
Mystery surrounds the suspension of Goldsmiths’ founder and executive chairman Jurek Piasecki following a boardroom dispute. Piasecki has headed private jewellers Goldsmiths for 25 years and is a 15 per cent shareholder in the group, which is owned by major stakeholder Baugur
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Park Retail creates ad to bolster confidence
Christmas savings firm Park Retail will launch an advertising campaign next week to focus on the safety of customer’s money, as it faces a 30 per cent fall in savings this year
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Gadgetshop alters logo ahead of web relaunch
Gadgetshop has revamped its brand and logo, ahead of its web site relaunch next week.
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House of Fraser axes chief women’s buyer
House of Fraser is scrapping the role of head of buying for womenswear only nine months after it began a restructure of its buying divisions
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Profits falls at Swedish furniture giant Ikea
Profits at Swedish furniture giant Ikea slid 8 per cent to 67.9 million in the year to August 31, 2006, according to accounts filed at Companies House. Sales rose 2 per cent to 1.09 billion for the year.
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Belgian maternity retailer prepares to break into UK
Belgian maternity and childrenswear retailer Pr maman is to launch in the UK next year, taking on market leaders Mothercare and Mamas & Papas.
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High street sales climb in September
Retailers weathered toughening high street conditions to post a sales rise in September, but the slower rate of growth experienced since May continued.
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NewsTheo Paphitis axes Partners and Stationery Box
Partners and Stationery Box are to disappear from the high street, as Theo Paphitis’s Chancerealm converts the stores to its Ryman brand.
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Bonmarché to march into footwear sector
Value fashion retailer Bon-march is to launch a footwear collection next year.