By Planet Retail2011-01-06T00:00:00+00:00
Home improvement retailer DCM Holdings reported a 2% fall in revenues to ¥320.8bn (£2.5bn) in the nine months ending November 30, 2010. Operating profit was up by 3.8% to ¥11.8bn (£93m), while net profit was up by almost a quarter to ¥6.5bn (£51m).
ScS has named former Holland Barrett boss Steve Carson as its new chief executive to succeed the retiring David Knight.
Kingfisher has acquired home improvement services marketplace NeedHelp as the group ramps up plans to become “more digital and service orientated”.
Pureplay electricals specialist AO.com has reported a profit in the first half of the financial year off the back of “strong” revenue growth and greater customer demand.
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
The coronavirus outbreak has sparked fears and headlines worldwide since emerging in the Chinese city of Wuhan at the start of the year.
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