All Retail Week UAT articles in November 11 2011 – Page 4
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NewsSainsbury's profits up 6.6% in first half
Sainsbury’s has reported “strong” sales with underlying pretax profit up 6.6% to £354m, excluding gains on property sales.
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NewsComet sold to OpCapita for £2
Turnaround private investment firm OpCapita has bought electricals retailer Comet from owner Kesa for £2.
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NewsSupermarket price wars drive shop price inflation fall
Supermarket price wars, which have intensified over the past six weeks, drove overall shop price inflation down to its lowest rate this year in October.
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Argos spices up kidswear with Emma Bunton tie-up
Argos has teamed up with ex-Spice Girl Emma Bunton to create a baby and kidswear range.
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NewsAsda outperforms market for first time since 2009
Asda has outperformed the grocery market for the first time since the beginning of 2010 while Morrisons remains the strongest performer of the big four supermarkets, according to the latest Kantar Worldpanel market share figures.
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NewsMultiyork chairman and chief executive Thambiah steps down
Furniture chain Multiyork chairman and chief executive Indira Thambiah has stood down.
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NewsThorntons FD to exit next year
Thorntons finance director Mark Robson has left the chocolatier after two years with the business.
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NewsMarks & Spencer suffers half year profits drop
Marks & Spencer has revealed a fall in underlying pretax profit to £315.2m from £348.6m in the 26 weeks to October 1 as the retailer invested in offering customers value for money in light of the depressed economy.
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NewsBest Buy underestimated the competition, says John Lewis boss
John Lewis boss Andy Street said Best Buy underestimated the competition when it launched in the UK.
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NewsPrimark's profits fall 8% as like-for-likes grow
Value clothing retailer Primark’s profit dropped by 8% due to high cotton prices and the 20% VAT increase in January, it said in its year end results.
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NewsRetail like-for-likes slip 0.6% in October
UK like-for-like retail sales slipped 0.6% in October as growth in food sales slowed and non food sales fell. Total sales were up 1.5%.
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NewsAlliance Boots in running to buy care firm
Health and beauty retailer and pharmaceuticals wholesaler Alliance Boots is in the running to buy Healthcare at Home, one of the UK’s largest providers of in-home medical care, it is understood.
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NewsVideo: M&S screens new Christmas TV ad featuring X Factor contestants
Marks & Spencer unveiled its new Christmas TV advert last night (November 6), featuring the X Factor contestants.
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