All News articles – Page 514
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NewsFenwick profits slump as it axes 400 roles
Fenwick has suffered plummeting full-year profits and axed more than 400 roles as it moves to “embrace change” gripping the retail sector.
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NewsEdinburgh Woollen Mill closes House of Fraser concessions
House of Fraser has suffered a fresh blow after Edinburgh Woollen Mill shuttered all concessions it operates within its department stores.
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NewsHalfords sales rise buoyed by new ranges
Halfords has hailed a “solid” start to its financial year as sales increased despite the “challenging retail environment”.
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NewsAugust retail sales increase driven by groceries
Retail sales edged up in August as inflation-driven increases in grocery sales were largely offset by falling non-food revenues.
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NewsDebenhams refreshes logo as it ramps up transformation plan
Debenhams has unveiled a new logo and pressed the button on a fresh wave of store refits as it accelerates its transformation plans.
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NewsThe Hut snaps up beauty specialist Acheson & Acheson
The Hut Group has bolstered its core beauty business with the acquisition of Acheson & Acheson, a contract manufacturer and product developer.
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NewsMike Ashley accuses HoF bosses of misleading suppliers
Sports Direct chief Mike Ashley has accused House of Fraser’s former bosses of “totally” misleading suppliers and the retailer’s warehouse operator.
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NewsFootasylum issues second profit warning despite sales rise
Footasylum has issued another profit warning despite sales rising, following a shock profit warning at its maiden results.
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NewsM&Co sales rise but profits remain flat
Value fashion retailer M&Co’s sales rose last year but profits remained stubbornly flat against a “challenging” backdrop.
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NewsBoden profits and sales rise driven by international
Boden has posted an increase in full-year profits and sales bolstered by a growing overseas customer base and strong womenswear performance.
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NewsPoundland puts Elvis on the checkout to drive sales
Poundland, which posted a dip in overall sales despite like-for-like momentum, has drafted in an Elvis Presley voiceover on its self-checkout machines to drives sales.
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NewsHomebase to axe 42 stores as creditors approve CVA
Homebase has been given the green light to shut 42 of its stores after its CVA plan was approved by creditors.
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NewsAgenda: Halfords, McColl’s and Dixons Carphone
Retail Week looks ahead to the next seven days, with updates from Dixons Carphone, Halfords and McColl’s.
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NewsConsumer confidence rises despite 'Brexit babble'
Consumer confidence rose in August as consumers remained calm despite frenzied speculation about the likelihood of a hard Brexit.
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NewsHouse of Fraser warehouses close again amid XPO row
House of Fraser’s distribution centres have closed for a second time amid the ongoing row between new owner Mike Ashley and XPO Logistics.
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NewsWarm September to cost retailers '£80m per week'
Warmer weather in September could cost non-food retailers £80m per week, a new report has warned.
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NewsPrimark Belfast staff 'will receive their pay'
Staff at Primark’s Belfast store that was gutted by a fire on Tuesday will be paid this week, but have yet to receive longer term security over their futures.
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NewsHouse of Fraser slams 'greedy' landlords
House of Fraser has warned that “time is running out” to save its stores, and attacked landlords for not accepting reduced rent payments.
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NewsShop prices rise for the first time in five years
For the first time since May 2013, shop prices increased in August, driven by rising grocery costs and slowing non-food deflation.