All articles by James Thompson – Page 3
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News
WHSmith profits climb but like-for-likes drop
WHSmith delivered another strong set of profits for the six months to February 29, but like-for-like sales fell.
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News
LVMH sales climb
French luxury group LVMH reported group sales up 5 per cent to €4 billion ( 3.22 billion) in the first quarter.
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News
Consumer caution hits high street
Consumers are spending less on shopping trips as the cost of mortgages and household bills continues to spiral upwards, according to Mintel.
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News
Tesco enters digital download battle
Tesco is to launch a music and film digital download service this month, offering 3.3 million music tracks.
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News
Tesco delivers strong profits and sales
Tesco has delivered bumper full-year profits and sales, and has mounted a robust defence of the performance of its fledgling US chain Fresh & Easy.
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News
Retail profit warnings rise
British companies have issued more than 100 profit warnings for the second consecutive quarter, according to figures from Ernst & Young, with retail the hardest hit.
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News
Tesco to offer educational qualification
Tesco is to offer a qualification in retail management, according to The Sunday Times .
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OpinionConvenience sector is the long-term favourite
Tesco is understood to want to open at least 150 Tesco Express stores in the next 12 months, as revealed in this week’s issue of Retail Week (April 11).
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News
M&S in line for £3.5m cake-tax refund
Marks & Spencer is poised to receive a substantial VAT refund over a 13-and-a-half year legal battle over chocolate teacakes.
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News
John Lewis sales rise but Waitrose struggles
John Lewis delivered a solid sales performance in the week to April 5, but stablemate supermarket chain Waitrose’s weekly sales plummeted by more than 10 per cent.
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News
Guardian boss resigns from Tesco board
Guardian Media Group (GMG) chief executive Carolyn McCall has resigned from the Tesco board over the legal dispute between the publisher and the supermarket giant.
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News
Borders UK replaces finance director
Borders UK & Ireland has hired Mark Little as finance director, with effect from April 28.
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News
Tesco and Sainsbury’s fight their corners over inquiry
Tesco has slammed the Competition Commission’s proposed remedies, including a competition test, clamping down on exclusivity agreements and the introduction of an ombudsman to regulate supplier relationships.
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News
Tesco revs up Express opening programme
Tesco plans to rapidly increase the number of its Express stores this year as it tightens its grip on the 26 billion convenience sector.
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News
Asda sales for March ahead of plan
Asda has revealed its March sales exceeded expectations, posted as parent Wal-Mart delivered its monthly trading update.
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News
Bank of England cuts interest rate to 5%
The Bank of England has cut the interest rate from 5.25 to 5 per cent, giving hard-pressed retailers a lift.
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NewsGerman discounter merger in danger as regulator acts
The German grocery regulator could block a landmark merger that would shake up the discount grocery market in the country.
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News
Dobbies announces aim to raise £150 million
Tesco-owned garden centre chain Dobbies has posted a mixed set of preliminary results for the year to October 31, as it unveiled its intention to raise 150 million through the issue of new shares.
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News
Asda wants ethical code restricted to UK suppliers
Asda wants overseas suppliers excluded from a new code of conduct intended to ensure that big grocers do not use their buying power to impose unfair trading terms, according to the Guardian .
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Opinion
A slow passage to India
Tesco seemed to edge closer to launching a joint venture in India this week, when its finance director appeared to suggest that talks with a potential partner had advanced beyond the exploratory phase.