Somerfield sales push ahead
September 8, 2004 10:06 amSales up despite tough summer Somerfield has held its own in a tough market for many UK food retailers, despite a sales decline in the disappointing... View Article
General Merchandise News
Federated feels hurricane impact
September 8, 2004 1:07 amDepartment store chain counts $20m cost US retail group Federated Department Stores has warned that the impact of Hurricane Frances will cost it $20m in sales.... View Article
Asos appoints new FD
September 6, 2004 10:38 amJon Kamaluddin joining online fashion retailer Asos has appointed Jon Kamaluddin as finance director, effective from November 1. The online fashion retailer said that John Morgan,... View Article
Sony courting US discounters
September 5, 2004 1:38 pmElectronics giant in talks with Wal-Mart and Costco Sony is negotiating with leading US discount retailers Wal-Mart and Costco to sell its products. Reflecting the increasing... View Article
B&Q considers Chinese acquisition
September 4, 2004 7:31 pmPriceSmart China stores offer route to expansion Kingfisher is considering buying a package of stores from PriceSmart China to speed up expansion of its B&Q DIY... View Article
Wal-Mart downbeat after poor sales
September 4, 2004 7:27 pmForecast at low end of expectations Wal-mart has sounded another cautious note on US consumer confidence, warning that it expects third quarter earnings to be at... View Article
Sainsbury’s shares jump on fresh bid rumours
September 2, 2004 7:03 pmTarget seen as front runner Sainsbury’s has seen its share price boosted after heavy City trading in the supermarket operator, linked to rumours of a takeover... View Article
Carrefour plans €1bn asset sale
September 1, 2004 2:47 pmRenewed focus on French market Carrefour plans to sell assets worth €1bn in the year ahead as it focuses on driving sales in the increasingly tough... View Article
Albertsons profits drop highlights US sales weakness
September 1, 2004 1:07 pmSecond biggest US grocer seeing aftermath of strike US supermarket chain Albertsons has reported a fall in second-quarter profits, raising new concerns about the strength of... View Article
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