All News articles – Page 757
-
NewsN Brown full-year profits hit by investment despite strong second-half
N Brown’s full-year profits have been dented by investment in its change programme, but its strategy bore fruit during the second half.
-
NewsBreakfast briefing: Retail news on Yoox Net-a-Porter and Next
Retail round-up on April 20, 2016: UAE's Alabbar Enterprises takes 3% stake in Yoox Net-a-Porter and Next's chief executive's yearly bonus slashed.
-
NewsBathstore launches first international store in Qatar
Bathstore has become the latest UK retailer to launch in the Middle East with a store opening in Doha, Qatar, with a franchise partner.
-
NewsWyevale plots £175m takeover of Tesco's garden centres business Dobbies
Wyevale Garden Centres owner Terra Firma has reportedly tabled a bid of £175m for Tesco’s garden centre business Dobbies, according to reports.
-
NewsJohn Lewis sales boosted by new releases from Apple and Microsoft
Sales at John Lewis increased 5.3% last week with new releases from Apple and Microsoft boosting the performance of its electricals division.
-
NewsYoox Net-a-Porter sells 4% stake worth €100m to Dubai investor
Yoox Net-a-Porter has sold a 4% stake to Dubai investor Alabbar Enterprises, the funds from which will be used to develop its ecommerce offer.
-
NewsZalando sales increase by a quarter as its profits inch up
Zalando’s sales rose by nearly a quarter in the first three months of 2016, although profits only increased by a couple of percentage points.
-
NewsThe Hut Group profits jump 33% as international sales soar
The Hut Group has unveiled a 33% jump in full-year profits as international sales accounted for more than 50% of revenue for the first time.
-
NewsWesfarmers axes 20% of Homebase head office jobs
Homebase’s new owner, Wesfarmers, will cut nearly 20% of its head office staff, in a bid to streamline support functions at the newly acquired DIY chain.
-
NewsMPs slam retailers on national living wage
MPs have attacked retailers during a parliamentary debate on the living wage, with the Chancellor saying they were being “shamed into doing the right thing”.
-
NewsPrimark profits dip but sales rise at half-year mark
Primark’s profits have dipped as the value fashion retailer reported a rise in sales, blaming the drop in profits on the dollar.
-
NewsBreakfast briefing: Retail news on Homebase, Target and Boots
Retail round-up on April 19, 2016: Wesfarmers to axe around 149 roles at Homebase, Target ups minimum wage to $10 an hour and Boots may face pharmacy watchdog.
-
NewsApple eyes underground store at London's Old Spitalfields Market
Apple is eyeing an ambitious underground store in London that would be a similar format to its iconic cube shop on New York’s Fifth Avenue.
-
NewsOnline sales made via smartphones double in March as m-commerce booms
The value of retail sales made through smartphones more than doubled in March as the m-commerce trend continued to gain traction.
-
NewsAmazon mulls airport acquisition to accelerate logistics ambitions
Amazon is mulling a move to acquire an airport in Germany as it accelerates plans to operate its own fleet of delivery aeroplanes.
-
NewsMorrisons poaches Halfords’ chief information officer
Halfords’ chief information officer Anna Barsby is leaving to join grocery giant Morrisons, Retail Week can reveal.
-
NewsBHS finance consultant to exit business after CVA deadline
BHS’s finance consultant and former Beales boss is to leave the business, one month after he helped the retailer navigate its CVA.
-
NewsStore gallery: Poundland's new multi-price store 'Poundland & More'
Value retailer Poundland has opened the first of its trial multi-price format stores under the new fascia ‘Poundland & More’.
-
NewsHouse of Fraser chief customer officer Harding quits as shake-up continues
House of Fraser chief customer officer Andy Harding has quit the business after five years, with Alison Lancaster replacing him in the interim.
-
NewsAustin Reed bought out by Alteri Investors as it steps up turnaround
Austin Reed has been bought out by Alteri Investors less than a year after the firm provided a £6m loan to the struggling menswear retailer.