All articles by Alex Lawson – Page 71
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NewsMajestic Wine hires new commercial boss
Majestic Wine has appointed a new commercial director as it continues to defy market conditions to record sales increases.
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NewsKiddicare to roll out localised websites
Morrisons-owned maternity etailer Kiddicare is localising prices on its international websites to make its offer more targeted and competitive.
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NewsThe Co-operative completes roll out of replenishment system
The Co-operative Food has completed a major transformation of its store replenishment system to improve stock availability.
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NewsDFS market share grows despite sales slump
DFS has reported an “improving trend” in its performance and a growth in market share despite a slump in sales against last year.
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NewsTesco and Morrisons continue to lose market share
Tesco and Morrisons lost share in the last quarter while Waitrose and the discounters continued to win shoppers, according to the latest data from Kantar Worldpanel.
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NewsTesco puts 'Every little helps' under review
Tesco has put its ‘Every little helps’ strapline under review, it is understood.
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NewsWaitrose signs deal to use voice-activated systems
Waitrose has signed a deal to use voice-activated technology in its warehouses.
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AnalysisReaction: Tesco reveals Japan exit strategy
Tesco revealed today it will exit Japan in two stages, the first of which involves selling 50% of the operation to Japan’s largest retailer Aeon for a “nominal sum”. The grocer will then form a joint venture with Aeon and will invest a further £40m into the business to finance further restructuring. Commentators believed the move made sense.
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AnalysisFive ways Majestic Wine is outstripping the grocers
Majestic Wine chief executive Steve Lewis believes the grocers’ 80% share of the wine market has peaked. The retailer reported a 14.5% uplift in full-year pre-tax profit today and Lewis believes there are significant market opportunities. Retail Week looks at reasons why he might be spot on.
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AnalysisMajestic Wine: What the analysts say
Majestic Wine reported a 14.5% uplift in pre-tax profit today while increasing its target for store numbers by 100 to 330 stores. The City reacted favourably.
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NewsMajestic Wine profits rocket 14.5%
Pre-tax profit at Majestic Wine rose 14.5% to £23.2m in the 53 weeks to April 2.
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AnalysisAnalysis: What will the economic stimulus plan mean for retailers?
Chancellor George Osborne announced the Government is to inject £140bn into the economy to kick-start credit provision. Retail Week takes a look at the likely effects on retailers.
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NewsMorrisons to offer £5 off £40 deal
Morrisons will wade into the voucher war in grocery this weekend.
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NewsUnited Carpets begins store closure review
United Carpets is conducting a store closure review in the face of “extremely challenging” market conditions.
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NewsJubilee drives strong week at John Lewis
The Diamond Jubilee celebrations, two bank holidays and the fall of half-term all combined to boost sales by 18.1%to £63.1m last week.
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NewsLaura Ashley: Challenging times ahead
The retailer has weathered tough conditions well but still faces challenges.
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NewsMorrisons raids M&S for new mobile boss
Morrisons has raided Marks & Spencer’s for its digital lead Sienne Veit.
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News
Retail theft and fraud up 10%
Theft and fraud rose by 10% last year costing UK retailers £3.4 billion, a new study has found.
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NewsTesco acquires £10m stake digital music platform
Tesco has purchased a stake in digital music platform WE7 for £10.8m.
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NewsWilkinson pulls out of the running for Robert Dyas
Wilkinson has withdrawn its interest in bidding for hardware retailer Robert Dyas, it is understood.