This Got Sleep? store in Vancouver, Wash., is the second of the mall-based specialty sleep shops opened by West Coast retailer Sleep Train. It is designed to provide on-the-go mall shoppers with a comfortable, convenient environment to ...
Tags: Sleep Train, Furnishing
Burberry announces results of six months to 31 March 2013. Highlights for the six months to 31 March 2013 -Total revenue £1,116m, up 9% underlying Retail revenue £840m, up 13% underlying - Retail now 75% of group ...
Tags: Burberry Retail, Apparel
When I addressed a few hundred retailers at the Nationwide Marketing Group's recent Furniture Summit in Las Vegas, I had a simple message: Carry more bedding. And I had the statistics to back that message up. Bedding is the only major ...
Tags: Light Industry, Bedding
Associated British Foods has forecast flat revenue from its grocery division in the first half of its fiscal year amid challenging conditions in bread markets in the UK and Australia. ABF, which owns the Kingsmill bread brand in the UK ...
Tags: ABF, flat revenue, grocery division
UK retailer Primark announces full year 2012 results -Revenue £3,503m (2011, £3,043m) -Adjusted operating profit £356m (2011, £309m) -Adjusted operating profit margin 10.2% (2011, 10.2%) -Return on average ...
Tags: Primark, 2012 Sales, 2012 results
The Ikea group increased retail turnover in the 2011/2012 financial year by 9.5% to €27.628bn. Adjusted for currency-exchange effects, this represented growth of 7.1%, while adjusted for selling space and currency-exchange effects, ...
The Ikea concern increased retail turnover in the 2011/2012 financial year (31 August) by 9.5% to €27.628bn. Adjusted for currency-exchange effects, this represented growth of 7.1%, while adjusted for selling space and ...
Tags: Ikea, retail turnover, company news
Russian retailer O'Key has seen its like-for-like sales rise during the fourth quarter, which contributed to a 24.5% increase in total revenue. During the period total revenues rose to RUB116bn (US$3.8bn). Gains were primarily driven by ...
Tags: O'Key, sales, fourth quarter
Russian retailer Magnit booked a 71.62% increase in full-year EBITDA today (22 January), driven by improved margins and higher sales. The company said that EBITDA rose from RUB27.6bn (US$939.3m) in 2011 to RUB47.37bn in 2012. In 2012, the ...
Tags: Magnit, margins, higher sales, EBITDA
The board of Russia's X5 Retail Group has nominated interim CEO Stephan DuCharme to take the post permanently, as new figures show that store openings lifted the firm's sales in 2012. DuCharme, who's appointment is still subject to ...
Tags: X5 Retail Group, Russia, CEO, Stephan DuCharme
The new 3,000-square-foot Jerry's Bloopers at Jerome's Furniture Marketplace in Murrieta, Calif., "is where we get rid of furniture that makes me say 'uh-oh,'" says Jerome's chairman and owner Jerry Navarra. The 3,500-square-foot ...
Tags: Jerome's Furniture, furniture
On September 30th, the new Ermenegildo Zegna's flagship store at 'Avenue at Etihad Towers', becomes the ideal stage of an exclusive and unique "Made to Measure" experience hosted by one of Zegna's most renowned master Tailor. Zegna's "Su ...
Tags: Zegna's flagship store, suits, jackets, pants, coats
J. C. Penney Company Inc. announced financial results for its fiscal third quarter ended October 27, 2012. For the quarter, jcpenney reported a net loss of $123 million or $0.56 per share. Excluding the net gain on the sales of non-core ...
Tags: Ron Johnson, new jcp, J.C.Penney Company Inc, store sales
Perry Ellis International Inc. has selected Starmount Connect and Engage to extend its point-of-sale (POS) capabilities to moble devices within the store. The solution from Starmount is expected to help Perry Ellis improve the customer ...
Tags: Perry Ellis, POS, customer service, commercial solution
Russian grocery retailer Magnit has booked a 142% jump in first-half profit, driven partly by higher sales. Magnit said today (24 July) its net profit for the six months to the end of June rose to US$339.6m. Sales increased by 33%, ...
Tags: Magnit, grocery, profit, company news, sales