All Retail Week UAT articles in 17 October 2008 – Page 2
-
News
Marks & Spencer hires heavyweight non-exec director
Marks & Spencer has named Jan du Plessis, chairman of British American Tobacco, as a non-executive director.
-
News
Amazon offers free delivery on orders over £5
Amazon UK has reduced the threshold for free delivery from 15 to 5, in an attempt to drive sales in the run-up to Christmas.
-
News
Baugur-backed retailers plan buy-outs
The management of a number of Baugur-backed retailers are putting plans in place to buy back equity and debt now controlled by the Icelandic government.
-
News
Travis Perkins update sparks fears for DIY
Travis Perkins, the builders’ merchant that owns DIY chain Wickes, has warned that profits will be at the low end of expectations.
-
News
Mothercare records robust second quarter
Mothercare has posted a slight uplift in UK like-for-likes and a rise in international sales.
-
News
Baugur: Food retailers allay concern
Baugur-backed food retailers have insisted that they remain focused on trading despite doubts about the Icelandic investor’s future.
-
News
Icelandic turmoil puts brakes on debt deal
The complexity of Iceland’s financial meltdown and its banks’ connections with Baugur are delaying a sale of the investment company’s debt.
-
News
Baugur: end of an era
The end of an era loomed this week with the likely break-up of Icelandic investor Baugur’s portfolio and the end of its influence on the UK high street.
-
Opinion
Baugur brands have a future
This week it’s been remarkable how retailers that for years have been proud to be portrayed as part of the Baugur empire are now saying they can carry on independently of the investment company.
-
News
JJB hires David Jones for survival fight
JJB has appointed renowned retail veteran David Jones as deputy chairman as part of its rescue plan to shore up the struggling business.
-
News
Shop Direct reviews its call centre staffing
Shop Direct Group is reviewing staffing at its call centres as it continues to veer away from its traditional catalogue roots.
-
News
String of up-for-sale MFI stores set to shut
Some of the 81 MFI stores placed into administration last week are to close because no purchasers have been identified.
-
News
Carphone Warehouse to launch new format at Westfield London
Carphone Warehouse this week revealed plans for a new-format store dubbed internally “Wireless World”, offering new product ranges such as games and digital TV content.
-
News
Justin King: bank rescue has begun to restore confidence
Sainsbury’s chief executive Justin King believes the Government’s banking bail-out this week has dramatically “moved the dial” and already started reviving consumer confidence.
-
News
Clinton Cards to focus on staff as it battles to revive performance
Clinton Cards will focus on staff and leadership skills to drive sales back up, after posting a 5.2 per cent fall in like-for-likes at its Clinton’s chain and a decline of 2.5 per cent at its Birthdays fascia for the nine weeks to October 5.
-
News
Banks' rescue stabilises markets but retail feels heat as shares dip
The Government administered emergency surgery on beleaguered banks but retailers remained under pressure as the share prices of grocers and general merchandisers alike fell over the week.
-
Opinion
The real economy is what matters
Now that the problems of the financial system have begun to be addressed, the focus is on the outlook for the real economy. And out there on the high street, in offices and on factory floors – workplaces where changes to confidence, employment and earnings directly affect retail performance – ...
-
News
City unease mounts as like-for-likes fall again
Retail like-for-likes slid in September for the sixth time in the past seven months, compounding City fears about the sector’s prospects as the traditional selling season nears.
-
News
Kingfisher: the City view
DIY giant Kingfisher flew analysts to Turkey last week to show off Koctas, its joint venture there.
-
News
Poundland to widen base by selling online
Poundland is to launch a transactional web site, possibly before the end of next year, in an effort to attract consumers not served by any of its stores. The retailer is working with KPMG to develop a model, which will include a minimum spend and a range of delivery charges. ...