New research published today by the British Retail Consortium finds that 80% of MPs believe the current system of business rates is 'not fit for purpose and in need of fundamental reform'. The poll, which also finds that 93% agree that ...
Tags: Furniture, Furnishing
Lift has been driven by seasonal products, electrical, video gaming and TV sales. Argos has seen a rise of 4.9 percent in like-for-like sales in its first quarter of 2014, driven by seasonal products and continued growth in electricals. ...
Cake Lingerie has established the Cake Maternity Group, officially launched on the 2nd June 2014. The introduction of Cake Maternity reflects the company's rapidly growing position as a lifestyle brand of choice for pregnant and nursing ...
Tags: Apparel, Accessories, Lingerie
Ascena Retail Group, Inc. reported financial results for its fiscal third quarter ended April 26, 2014. Highlights: -GAAP EPS $0.20; Adjusted EPS $0.27 -Total Comparable Sales (1%) -Fiscal 2014 EPS Guidance Reaffirmed Between ...
Tags: Ascena
The group reported good performances at both Argos and Homebase, with both businesses delivering positive like-for-like sales growth throughout the year. Sales were up 3% at £5,663m, while cash gross margin was up 2% to ...
Tags: Furniture, Furnishing
F&F has announced its first franchise stores in the USA as it continues with its ambitious plans to become a leading global brand for affordable fashion. F&F, which launched in the UK and Ireland in 2001, will be opening seven stores on the ...
Tags: Armenian market, fashion brand
Total sales at Argos grew by 5.2 per cent to £526m in the eight week period to March 1st Home Retail Group has enjoyed a total sales growth at Argos by 5.2 per cent to £526m in the eight week period to March 1st. Electrical ...
Tags: Toys
Retail sales are projected to increase 4.1% in 2014 as the economy continues to improve, the National Retail Federation said. The projected rise from 3.7% growth in 2013 excludes automobile, gas station and restaurant sales. The retail ...
Tags: Transportation, Retail Sales
Call it a revolution or an evolution, the fact is, carpets have been getting softer since the turn of the millennium and they are not going away. In fact, manufacturers noted soft is not a fad or trend but rather a mainstay and needs to be ...
The first ProSource board of directors was announced here this week, marking the formal merger of the Progressive Retailers Organization (PRO Group) and the Home Entertainment Source (HES) buying groups. The announcement was made on the ...
UK retailer Debenhams has asked its suppliers for a 2.5% discount on stock as a "contribution" to help fund its growth. In a letter dated 16 December, the high street retailer told suppliers the contribution would be applied to all orders ...
Tags: Debenhams, high street retailer, suppliers
French carmaker Renault has partnered with IMA Group to provide assistance for the Renault and Dacia internal-combustion vehicle ranges in France. The carmaker has signed a three year agreement, which covers assistance services as part of ...
Tags: Renault, IMA, vehicle, internal-combustion vehicle
Ascena Retail Group, Inc. reported financial results for its fiscal first quarter ended October 26, 2013. Fiscal First Quarter Results Net sales for the first quarter of Fiscal 2014 increased 5% to $1.197 billion, compared to $1.138 ...
Tags: Apparel Retailer, e-commerce sales
Berkshire Hathaway reported that revenues from its retail group were up 18.1% in the third quarter to $944 million, which the company attributed partly to "improved comparative results of the home furnishings and jewelry business groups." ...
Tags: Furniture, Furnishing
Revionics, Inc., the leading provider of End-to-End Merchandise Optimisation solutions, announced that they have entered into an agreement with The Spotlight Retail Group (SRG), for their retail chain Spotlight, Australia's largest retail ...
Tags: Spotlight Retail Group, fabric, craft