All Retail Week articles in January 10 2014 – Page 3
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NewsHarvey Nichols hires former Burberry finance chief Stacey Cartwright as new boss
Harvey Nichols has appointed former Burberry finance boss Stacey Cartwright as its new chief executive, replacing Joseph Wan who has been in the post for 21 years.
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NewsWaitrose enjoys record Christmas as shoppers seek premium food
Waitrose has posted record Christmas trading figures as shoppers sought premium food and utilised the grocer’s strong multichannel offer.
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NewsMajestic Wine toasts strong Christmas sales
Majestic Wine has popped the cork on strong Christmas trading figures as shoppers sought out its premium wine offer over the festive party season.
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NewsChristmas discounting sends shop prices tumbling at fastest rate in seven years
Shop prices dropped at their fastest rate for seven years in December as retailers attempted to woo customers with heavy discounts over the Christmas period.
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OpinionComment: Mothercare lost out to rivals after Christmas gamble
Mothercare has issued a shock profit warning which has seen its share price plummet in this morning’s trading.
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NewsUpdated: Fat Face profits rise after strong first half
Fat Face has posted a strong performance in its the first half as it maintained its full price strategy in the run-up to Christmas despite heavy discounting across the high street.
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AnalysisSainsbury’s third quarter: What the analysts say
Sainsbury’s today reported a 0.2% rise in like-for-like sales in the third quarter as the retailer experienced a flood of late shoppers. The City praised the performance against a tough market.
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OpinionComment: Retail trends that are not just for Christmas
The concentrated nature of the festive trading period amplifies consumer trends like no other and there are already telling lessons to be drawn for the year ahead.
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NewsNew Look like-for-likes rise over Christmas
New Look recorded positive like-for-likes over Christmas when the fashion retailer battled stiff competition across the high street.
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AnalysisSainsbury's Justin King: 'The toughest Christmas trading environment in my 30 years of retail'
Sainsbury’s chief executive Justin King has said the overall food market in the third quarter will be flat or in slight decline – the first time this has happened in his 30 years of retailing.
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NewsLovehoney full-year profits rise as it hits the right buttons
Online retailer Lovehoney saw its full-year profits treble to £2.25m, thanks to demand for its exclusive Fifty Shades of Grey licensed range and an increasing public acceptance of sex toys.
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NewsWaterstones reports healthy Christmas trading
Waterstones delivered a robust performance over Christmas as margins held firm and sales dipped slightly.
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NewsWarm summer helps lift Bravissimo full-year figures
Lingerie retailer Bravissimo has revealed growth in sales and pre-tax profits in its full-year figures, as the company expects to open new stores this year.
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NewsBreakfast briefing: WHSmith, Boots Ireland, Marks & Spencer, Liberty
Retail news round-up on January 9, 2014: WHSmith faces revolt over Kate Swann’s pay-off, Boots Retail pre-tax profit jumps 14%, Marks & Spencer third quarter sales hit by warm October, Liberty Christmas sales up 17%
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AnalysisInternational analysis: Walmart plans to make Sam’s Club its Chinese star
Walmart’s track record in China has been mixed - rapid expansion of Supercenters has been followed by retrenchment and reappraisal.
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InterviewQ&A: Gousto's chief executive and co-founder Timo Schmidt
Timo Schmidt, chief executive and co-founder of online food specialist Gousto speaks to Retail Week about his life working in retail.
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OpinionComment: Media hires will keep retailers relevant
The retail and media sectors have always been close cousins. But, as the digital revolution continues to disrupt all aspects of the media space, the role of retailers has to change if they are to remain relevant.
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OpinionComment: Next makes money in the middle market
Next was very much in fashion with shoppers over Christmas, when it posted better than expected sales.
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NewsTesco reports UK Christmas like-for-likes down 2.4%
Tesco has reported like-for-like sales in the UK fell by 2.4% over Christmas, maintaining that weakness in the grocery market impacted its performance.
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NewsMorrisons' Christmas like-for-likes slump 5.6%
Morrisons’ like-for-like sales fell 5.6% excluding petrol over the Christmas period, and the grocer warned it now expects full-year profit to be at the lower end of expectations.