All articles by Matthew Chapman – Page 33
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Analysis
Dixons Carphone Christmas trading: What the analysts say
Dixons Carphone has reported a strong festive season as it reported group like-for-likes up 7% during a ‘roller coaster’ Christmas. Here’s what the analysts say.
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News
Pets at Home like-for-likes jump 4.1% after strong services growth
Pets at Home’s like-for-like revenues increased by 4.1% in its third quarter as it recorded rapid growth across its services business.
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News
Halfords like-for-likes surge as shoppers snap up bikes for Christmas
Halfords recorded strong like-for-like growth over Christmas as cycling sales surged with customers buying children’s bikes as presents.
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News
Marks & Spencer to offer customers 'meaningful' gifting app
Marks & Spencer has signed up to a ‘social treating’ app that allows people to send low-cost gifts to friends and family.
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News
Ahold sales increase 7.9% as it parts company with Albert Heijn boss
Dutch retailer Ahold increased sales 7.9% during its fourth quarter and is to part company with the chief executive of its Albert Heijn business.
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News
Western retailers Apple, Inditex and Carrefour step up China plans
Western retail giants are stepping up their plans to expand into China as they seek to take advantage of the booming local economy.
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News
Conviviality Retail's half-year profits jump 46.7% after store closures
Off-licence group Conviviality Retail has increased half-year profits by 46.7% as the retailer recorded a strong Christmas trading period.
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News
Austin Reed poised to close 31 stores as part of CVA turnaround plan
Austin Reed is expected to close 31 stores and secure a £3m cash injection from shareholders through a company voluntary arrangement (CVA).
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News
Thorntons hails 'outstanding' Christmas retail performance as sales jump
Thorntons has hailed an ‘outstanding’ Christmas in its retail division as its like-for-like sales leapt during December.
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News
Urban Barns develops 'cubic farming' to grow fresh food in urban spaces
Canadian food producer Urban Barns is developing ‘cubic farming’ technology that can potentially grow 500 lettuces in one square foot over a year.
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News
Infographic: John Lewis sales increase despite poor weather
John Lewis sales rose by 3.8% for the week ending January 10 despite the poor weather as online fashion surged.
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News
JD Sports sales soar over Christmas after dumping Bank fashion chain
JD Sports has reported a sales surge across the Christmas trading period after offloading its struggling young fasion fascia Bank.
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News
Phase Eight poised for African expansion after Foschini buys the retailer
Phase Eight will be sold to South African retailer Foschini Group in a deal valuing the upmarket women’s fashion retailer at £300m.
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News
Sainsbury's to drop Tesco auditor PwC in favour of Ernst & Young
Sainsbury’s is dropping PricewaterhouseCoopers (PwC), which also audits the accounts of scandal-hit Tesco, as its auditor in favour of Ernst & Young (EY).
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News
Target to close struggling Canadian operation after two years
US discount retailer Target is closing its loss-making Canadian operation in a move that puts 17,600 jobs at risk.
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News
Foyles to close Westfield London store to pave way for redevelopment
Foyles is closing its Westfield London store after agreeing to an early surrender of the lease to allow redevelopment at the mall.
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News
Home Retail boss Walden: ‘Black Friday has created a discounting mentality’
Argos owner Home Retail boss John Walden believes Black Friday has created a “discounting mentality” across the Christmas trading period.
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News
NRF: 'Same-day delivery isn't for everyone' says Toys R Us omnichannel head
Toys R Us’ omnichannel boss says some retailers should hold back from same-day delivery because customer expectations will reach a “tipping point”.
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Opinion
NRF blog: Day three round-up – China, eye trackers and image recognition
As this year’s NRF conference winds down the delegates are turning their minds to their flights home and there is certainly a lot to digest.
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News
NRF: Tesco to trial image-recognition tech to improve shelf stocking
Tesco will trial image recognition technology in-store that can instantly identify incorrectly stocked shelves as the retailer seeks to free up the time of its store staff.