Retail news
Your search returned 1065 results
Store closures loom closer as Argos profits slide
- Posted:
- 02 May 2012 10:33
Argos' parent company revealed a massive slide in profits today and left the door open for as many as 230 store closures in the future. Home Retail Group (HRG) scrapped its final dividend following the announcement that the 748-strong chain suffered a 9% drop in like-for-like sales and a near ...read more
Taxes hit JD Wetherspoon expansion
- Posted:
- 02 May 2012 10:33
Pub company JD Wetherspoon has said that a £50 million increase in its annual tax bill would mean a slowdown in the pace of its new pub openings in the next year. The company is set to open 40 pubs in the year to July 29th, but expects this figure ...read more
Next sees success on directory sales
- Posted:
- 02 May 2012 10:32
Next, Britain's second-biggest clothing retailer, has said that it is on target to meet full-year expectations, following a boost in directory sales of 11.8%, which increased total sales 1.4% across the brand. The company now expects full-year profits to rise between 1% and 4% and said that this was in-line ...read more
CBI survey suggests brighter times ahead for retail
- Posted:
- 27 April 2012 10:11
Retail sales dropped off in April, but retailers are still hopeful of brighter times to come, according to the Confederation of British Industry. In the survey, 6% of retailers said sales in the first two weeks of April were lower than a year ago, representing a decline from the previous ...read more
Think tank predicts worsening in retail health
- Posted:
- 27 April 2012 10:10
Following its quarterly meeting, the KPMG/Ipsos Retail Think Tank (RTT) - a panel of retail industry commentators providing authoritative and independent views on issues affecting the sector - is reporting an even bleaker outlook for UK retailers, with the health of the industry expected to worsen to record levels before ...read more
Retail news is updated every weekday and is provided courtesy of: 
