All Retail Week articles in March 29 2013
Browse all news stories and articles from this date or time period.
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NewsTesco increases amount paid to dairy farmers as milk costs rise
Tesco is to pay its dairy farmers more for milk after the price of production rose due to volatile feed prices and unpredictable weather.
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AnalysisAnalysis: Moss Bros looks sharp after business makeover
Moss Bros today posted a £2.1m surge in pre-tax profit to £3m for the year to January 26, 2012, Retail Week looks at its turrnaround.
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NewsBlockbuster acquired by restructuring firm Gordon Brothers
Restructuring firm Gordon Brothers Europe has bought DVD rental retailer Blockbuster out of administration, taking 264 stores.
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NewsCath Kidston plots Spanish concession expansion
Kitsch retailer Cath Kidston is in talks to roll out concession stores in Spain, which will be its first step into continental Europe.
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NewsLaura Ashley puts squeeze on suppliers with price cut demands
Furniture and fashion retailer Laura Ashley has been accused of squeezing its suppliers by support group the Forum of Private Business.
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News4G to boost retail spend by £1.8bn a year, says eBay
The arrival of universal 4G in Britain could boost the retail economy by around £1.8bn a year, according to new research by online giant eBay.
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OpinionComment: Trinity Leeds and Buchanan Street – the last hurrah?
Leeds and Glasgow were the locations last week in which excited, or so it seemed, shoppers headed out to inspect new shopping destinations.
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AnalysisInfographic: The impact of 4G on UK retail spending
Research released today forecast the impact of the arrival of 4G in Britain and said it could boost the retail economy by around £1.8bn a year.
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AnalysisProfile: New Blockbuster managing director Gary Warren
If Gary Warren thought he had a mountain to climb at HMV, he is about to take on the Everest of retail challenges in his new job.
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NewsWilkinson multichannel boss Simon Hathway set to exit
Wilkinson head of multichannel Simon Hathway is set to leave the value retailer in September after six years at the company.
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NewsSainsbury's accelerates convenience store expansion in London
Sainsbury’s is to accelerate its convenience store expansion in London and the Southeast as competition in the area hots up.
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NewsRetailers meet with Government to debate high street's future
The Government’s new Future High Streets Forum, co-chaired by Alliance Boots’ health and beauty boss Alex Gourlay, met for the first time today to attempt to plot a course for the high street’s recovery.
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News
Supervalu completes sale to AB Acquisition
Supervalu has completed the sale of its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners.The disposal to AB Acquisition, an affiliate of an investment consortium led by Cerberus Capital Management, is a stock deal valued at $3.3bn (£2.17bn), which includes $100m (£65.8m) in cash and $3.2bn (£2.1bn) in debt assumption.
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NewsShoppers back price-matching schemes as Sainsbury’s makes Tesco complaint
Shoppers have thrown their weight behind grocers’ price-matching schemes as controversy over Tesco’s Price Promise promotion mounts.
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AnalysisThe Budget: What do retailers need to know?
Last week’s Budget brought some good news for retailers and consumers but failed to address business rates
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News
Convenience store operator Couche-Tard reveals revenue increase
Convenience store operator Couche-Tard revealed net earnings rocketed 64.2% to $142.5m (£93.8m) in the third quarter ended February 3. Revenue increased to $11.6bn (£7.6bn) from $6.6bn (£4.3bn). Like-for-likes were up 1.7%in Canada and 0.8% in the US.President and chief executive Alain Bouchard said: “Our recent acquisitions continue to contribute significantly ...
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News
Group sales increase for DIY retailer Hornbach
DIY retailer Hornbach’s group sales increased 0.8% to E3.23bn (£2.75bn) in the year ended February 28.The Hornbach-Baumarkt fascia achieved growth of 0.6% to E3bn (£2.5bn) year on year. Consolidated like-for-like sales dropped 1.4% from the previous year’s level of 2.8%.
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News
H&M suffers lower than expected first-quarter sales
Fast-fashion retailer H&M said its first-quarter sales did not reach expectations because of unfavourable weather and a tough economic climate.In the three months to February 28 sales increased 6%. However, when taking into account calendar and currency effects, sales rose 2% to SEK28.39bn (£2.87bn). Like-for-like sales fell 3% in the ...
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NewsSofa specialist DFS backs Irish retail market and eyes expansion
DFS has signalled its confidence in the Irish market despite some UK retailers putting their businesses through insolvency protection processes this year.
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NewsB&Q owner Kingfisher posts full-year profits plunge
Kingfisher full-year group pre-tax profits plunged 11% to £715m in its year to January 31 as wet weather hindered sales in the UK.