All News articles – Page 924
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NewsNRF: New Look to rethink its US strategy as it mulls third-party tie-up
New Look’s head of international partnerships Simon Taylor has revealed the retailer is in discussions with third parites about overhauling its US offer.
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NewsBlack Friday hits December like-for-likes as it pulls forward Christmas sales
The shopping frenzy on Black Friday dented December like-for-like sales, although total food sales grew for the first time since April.
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NewsNRF: Debenhams international boss – Africa the next frontier for retailers
Africa is the next frontier for European retailers, Debenhams international director Francis McAuley said at the NRF conference in New York on Monday.
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NewsNRF: Walgreens exec advises retailers to invest heavily in loyalty schemes
Walgreens exec David Zychinski has warned against retailers being afraid of making high levels of investment in their loyalty schemes.
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NewsBreakfast briefing: Retail news on December retail sales, M&S, Paperchase and Tesco
Retail news round-up on January 13, 2015:December retail like-for-likes fall, M&S boss Marc Bolland under investor pressure, Paperchase poised to push button on £100m sale, Australian firm Guvera eyes Tesco’s Blinkbox Music
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NewsMacy’s to close 14 department stores as it undergoes restructure
Macy’s is to close 14 stores and restructure its merchandising and marketing divisions, investing the savings into creating an off-price model.
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NewsUS retailers celebrate best Christmas sales in 10 years
An improving labour market and a drop in fuel prices helped US retailers record their best Christmas sales in more than a decade.
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NewsAlibaba to splash out $500m on Indian mobile payment platform
Chinese etailer Alibaba is in advance talks to snap up a $500m (£330.4m) stake in India’s One97 Communications’ mobile payment platform Paytm.
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NewsPaperchase reports strong Christmas as like-for-likes rise 3.1%
Greetings card retailer Paperchase has reported a strong Christmas with like-for-likes up 3.1% in the five weeks to December 27.
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NewsSuperdrug posts 7.4% lift in like-for-like sales over Christmas
Health and beauty specialist Superdrug has recorded strong Christmas trading figures and posted a 7.4% rise in like-for-like sales in December.
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NewsVision Express owner GrandVision unveils IPO plans
GrandVision, the owner of opticians Vision Express, is to float on the Euronext stock exchange in Amsterdam, The Netherlands.
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NewsFat Face sales up over Christmas but profits slip in half-year results
Fat Face delivered a 5% rise in retail like-for-like sales over Christmas, however the clothing retailer reported a dip in half-year profits.
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NewsNRF video: Uggs tests RFID in a bid to close the online-offline gap
Footwear retailer Uggs is trialling RFID technology in two US stores in a bid to improve engagement and boost in-store experience.
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NewsSofa specialist ScS appoints Alan Smith as chairman as IPO nears
Former Somerfield chief executive Alan Smith is to become chairman of sofa specialist ScS ahead of a flotation, it is understood.
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NewsPretty Green plans expansion after record Christmas
Pretty Green, the menswear retailer in which Oasis star Liam Gallagher is an investor, has posted a Christmas sales surge.
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NewsElectricals etailer AO World reports strong Christmas as sales rise 38%
Electricals etailer AO World, which trades as Ao.com, has reported a strong third quarter and expects to meet full-year City expectations.
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NewsBreakfast briefing: Retail news on Tesco, ScS and Boohoo
Retail news round-up on January 12, 2015: Ninth Tesco director suspended, White Company profits soar, ScS appoints chairman ahead of IPO, Boohoo bosses buy shares, Lidl reports strong Christmas week.
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NewsIkea January Sale gets off to strong start after investment in price
Ikea has kicked off the new year with a strong performance after the retailer invested in bedrooms, bathrooms and kitchens as well as prices.
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NewsNRF: 'Europe is not great place to do business' says Gap property boss
Gap executive David Zoba claims Europe is “not a great place to do businesses” and says the company’s growth in the continent will be minimal.
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NewsNRF: John Lewis IT boss – new websites “useless” without back-end investment
John Lewis’s Paul Coby said that pretty front-end systems such as slick mobile apps are useless unless they come alongside back-end investment.