All Retail Week UAT articles in 10 October 2008 – Page 4
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Opinion
Online conversion key as web sales slow
Neither nose-diving share prices, nor the ongoing debate about whether the UK is yet in recession could deter the great and the good of e-commerce from coming together for a conference in West London yesterday.
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News
Woolworths: Last big credit insurer withdraws cover
Woolworths is facing more instability in the run up to Christmas after another credit insurer has withdrawn cover from the beleaguered business.
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News
Thorntons sales rise
Thorntons has reported sales growth across its business of 6.4 per cent to 45.7 million for the 14 weeks to October 4.
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News
Sainsbury's beats second-quarter sales expectations
Supermarket group Sainsbury’s has posted second-quarter sales ahead of expectations.
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News
Animal appoints Kevin Keaney as new chief
Surfing specialist retailer and wholesaler Animal has appointed Kevin Keaney as its new chief executive.
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News
Winser to head Aquascutum management buy-out
Aquascutum chief executive Kim Winser is preparing for a management buy-out as its Japanese parent seeks to sell the retail business.
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News
Poundland profits rocket
Value retailer Poundland has unveiled a 122 per cent rise in operating profit, from 3.5 million to 8 million for the year to March 31.
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News
Iceland nationalises Landsbanki
Landsbanki, Iceland’s second largest bank, has been nationalised. The move is the latest chapter in the saga surrounding the collapse of Iceland’s economy and subsequent speculation surrounding its impact on UK retailers owned or backed by Icelandic banks or Icelandic investor Baugur.
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News
Out-of-town sites lose shoppers
Shoppers are shunning out-of-town centres as the poor economic climate continues to affect consumers.
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News
West End needs £24m Olympics lift, says council
Retail in London’s West End is under serious threat unless investment is increased ahead of the 2012 Olympics, Westminster City Council warned this week.
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News
Bestseller eyes sites to treble UK stores
Danish multibrand fashion retailer Bestseller Group plans to treble its UK store portfolio by the end of next year.
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Opinion
A tense time for landlords and retailers
There have been some pretty serious conversations between landlords and retailers in the past week as the arrival of the September quarterly rent day last week brought two issues to a head.
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News
MFI retail and property divisions placed into administration
MFI placed its retail and property divisions into administration yesterday after the completion of a management buyout led by chief executive Gary Favell.
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News
Aurum posts robust sales
Baugur-backed jewellery group Aurum has posted annual sales of 261.7 million, an increase of 7.7 per cent on the year and 7.4 per cent on a like-for-like basis.
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News
N Brown continues to defy the downturn
Home shopping group N Brown continued to defy the downturn with pre-tax profits soaring 19.6 per cent to 40.8 million in the six months to August 30.
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News
Bhs operating profits slump
Bhs has posted a 40 per cent fall in full-year operating profit to 30.2 million.
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News
Ghost 'seeking funding solutions'
Womenswear retailer Ghost is exploring alternative funding solutions, which could include the withdrawal of its backers from the business.
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News
Baugur reassures Icelandic turmoil will have 'no impact'
Baugur has quashed speculation that turmoil in the Icelandic banking sector may have an effect on the Icelandic investor’s UK retail portfolio.
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Opinion
The X factor: how mid-market retailers can get ahead in the push for posh
Last week brought the annual handing out of gongs for the best in UK store design at the 11th Retail Interiors Awards and a glittering event it was, as wine flowed (rather too) freely and the design cognoscenti danced ’til dawn.
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News
Icelandic economic turmoil stokes Baugur fears
Concern over the impact of Iceland’s financial crisis on Baugur’s retail interests in the UK has continued, despite the investor’s attempts to calm fears.