Retail news
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Signet offsets tough trading with higher prices
- Posted:
- 27 August 2010 10:02
Strong demand for charm bracelets and a 12% increase in prices helped Ernest Jones and H Samuel parent Signet narrow UK sales declines in the second quarter, the group said today.Signet Jewelers reported a 0.5% fall in like-for-like sales during the three months to 31st July in a marked improvement ...read more
M&S to close three UK stores
- Posted:
- 26 August 2010 09:36
Marks & Spencer is to close three stores in Lincolnshire. The branches in Grantham, Skegness and Scunthorpe will close early next year and around 110 jobs will be affected by the closures.M&S said that the stores had become commercially unviable.In other news, the group has announced plans to open its ...read more
McDonald’s names Steve Easterbrook as global chief brand officer
- Posted:
- 26 August 2010 09:35
McDonald's Corporation has announced that Steve Easterbrook, currently president and CEO of McDonald's United Kingdom and President of Europe's Northern Division, has been named as McDonald's executive vice president and global chief brand officer.Global chief brand officer is a newly-created position designed to encompass marketing, menu innovation, consumer insights and ...read more
Stronger H2 performance drives full year growth at Diageo
- Posted:
- 26 August 2010 09:34
Drinks giant Diageo today said it was hopeful that profits growth will be stronger over the next year as it benefits from a rebound in trading.The Guinness-to-Johnnie Walker group has been encouraged by sales trends in the six months to June 30, when growth in developing markets helped to offset ...read more
First ever millionaire Avon lady revealed
- Posted:
- 26 August 2010 09:32
A woman swapped unemployment and a council house for a million-pound lifestyle by becoming an Avon lady.Debbie Davis has become Avon's first ever millionaire after starting to sell the popular cosmetics door-to-door six years ago.Miss Davis, 31, is the cosmetics company's most successful saleswoman in the UK and heads a ...read more
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