All News articles – Page 903
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NewsHouse of Fraser to ask suppliers for 20% discount on orders
House of Fraser is introducing a buying scheme that will seek discounts of up to 20% from suppliers if the retailer ups the size of wholesale orders.
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NewsCountrywide Farmers reports increase in half-year sales
Rural supplies retailer Countrywide Farmers recorded a like-for-like sales increase of 2.2% to £138.8m in the six months to November 30, 2014.
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NewsAhold reports rise in net income and unveils share buy-back scheme
Dutch retailer Ahold has reported better-than-expected fourth-quarter results and unveiled a new share buy-back programme.
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NewsHolland & Barrett to expand head office after strong period of growth
Holland & Barrett has revealed plans to expand its Nuneaton head office team following a period of “sustained commercial success”.
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NewsTK Maxx owner TJX profits rise 11% as it unveils plan to raise staff wages
TK Maxx owner TJX reported a rise in fourth-quarter profits as it revealed plans to raise its minimum wage to up to $10.
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NewsFamily spending power reaches highest level in six years
Family spending power has reached its highest level for six years, according to figures from the Asda Income Tracker.
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NewsTesco boss Dave Lewis vows to fight back against discounters
Tesco chief executive Dave Lewis has vowed to regain the troubled grocer’s price-competitive edge and acknowledged its debt is too high.
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NewsBreakfast Briefing: Retail news on Tesco, J Crew and Apple
Retail news round-up on February 26, 2015: Tesco boss Dave Lewis vows to take on discounters on price, J Crew-owned Madewell brand comes to UK, Apple faces £344m in iTunes patent case
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NewsApple set for 'biggest' European project with £1.2bn data centres
Apple is investing €1.7bn (£1.2bn) to build and operate two data centres in Europe to power services including its iTunes and App store.
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NewsAnn Summers' sales surge following launch of Fifty Shades of Grey film
Ann Summers has witnessed a surge in sales as customers bought handcuffs and products featured in new film Fifty Shades of Grey.
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NewsAo.com boss downplays profit warning as 'bump' in the road
Ao.com chief John Roberts has described the retailer’s profit warning as a “bump” in the road and still expects 20% sales growth next year.
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NewsRetail Week issues manifesto for retail ahead of general election
The next Government should support the vibrancy of the retail industry though initiatives such as addressing the business rates burden and enhancing the UK’s digital capabilities.
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NewsShop Direct makes head office job cuts as new technology renders roles redundant
Shop Direct has made head office redundancies after implementing new technology which has made some roles obsolete.
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NewsTopps Tiles hires Darren Shapland as chairman retires from the board
Topps Tiles has hired Poundland and Maplin boss Darren Shapland as chairman to replace Michael Jack who is retiring in March.
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NewsAo.com warns on profits after post-IPO publicity drops off
Ao.com has issued a profit warning after struggling to achieve expected revenue growth following a fall in publicity since its IPO.
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NewsSuperGroup’s finance boss steps down after being declared personally bankrupt
SuperGroup’s chief financial officer Shaun Wills has stepped down from his role after being declared personally bankrupt.
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NewsMorrisons appoints former Tesco executive David Potts as new boss
Morrisons has appointed former Tesco executive David Potts to replace Dalton Philips, who left a month ago, as its new chief executive.
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NewsMothercare signs up to Amazon-style warehouse management system
Mothercare, Barbour and Surfdome are among 100 retailers to sign up to Peoplevox, which claims to offer a warehouse management solution that rivals Amazon’s.
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NewsBreakfast Briefing: Retail news on Bestway Group, Ann Summers, American Apparel and more
Retail news round-up on February 25, 2015: Bestway Group profit; Physical music shops; Ann Summers retains brand consultancy; American Apparel ousts creative director.
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Spanish jeweller Uno de 50 to open first UK store in London
The Spanish jeweller Uno de 50 is to launch a 1,250 sq ft store on London’s Regent Street in April this year.