All articles by Alex Lawson – Page 30
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NewsCard Factory considers IPO as owner hires Goldman Sachs
Budget greetings cards retailer Card Factory is planning a £700m stock market flotation.
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NewsPrimark signs for first French stores in Marseille and Dijon
Primark is to provide a “mainstream” alternative to high-end French fashion after signing for its first two stores in the country, and it is now scouting for more shops.
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NewsSun European pays £23m to creditors after Dreams collapse
Beds retailer Dreams’ new private equity owner Sun European Partners has paid suppliers and trade creditors £23m to clear some of the debt owed when it collapsed into administration.
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NewsBusiness rates drive tax burden increase for retailers
Retailers are struggling under the weight of a tax bill that has rocketed by 65% since 2005 amid rising business rates, corporation tax and property taxes.
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NewsConsumer confidence index edges up five points in May
Consumer confidence has risen as the UK attempts to climb out of the “pit of economic pessimism”.
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NewsStores call for tax ‘rethink’ in struggle against online retail
A working group has been set up to attempt to level the playing field between tax paid by online and store-based retailers.
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NewsInfographic: John Lewis sales rise 4.2% driven by electricals
Sales at John Lewis rose 4.2% last week as a strong performance in electricals offset weak trading in fashion and homewares.
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NewsMorrisons to take on rivals as it plots online launch into adult clothing
Under-pressure Morrisons is poised to go head-to-head with supermarket rivals in the hard-fought grocery fashion market as it plots an adult clothing range.
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NewsHarvey Nichols to double size of its Birmingham store
Harvey Nichols is to more than double the size of its Birmingham store and relocate it within the city’s Mailbox shopping complex.
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NewsHackett to pay record Regent Street rent as it takes Ferrari store
Menswear brand Hackett is to pay a record rent on Regent Street in the former Ferrari store.
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NewsRetail cash spend falls 10% as shoppers move online
The amount of money spent in cash slumped 10% last year as new ways to pay including PayPal increased in popularity.
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NewsKingfisher posts first-quarter profit fall as poor weather hits footfall
B&Q owner Kingfisher has recorded a 4.2% slump in first-quarter group like-for-likes and a decline in profits as poor weather hit footfall.
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NewsEtailer Ocado to launch standalone specialist pet website Fetch
Etailer Ocado aims to transform itself from a supermarket to a hypermarket with the launch of specialist non-food websites.
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NewsHotel Chocolat eyes international growth as stake sale talks progress
Upmarket chocolatier Hotel Chocolat is eyeing international expansion as talks progress over a potential stake sale to fund its “next stage of growth”.
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NewsOcado launches tool to swipe shoppers from rivals including Waitrose
Ocado has launched a new tool aimed at stealing shoppers from its rivals including supply partner Waitrose.
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NewsSports Direct acquires stakes in Austrian and Baltic sports retailers
Sports Direct has acquired majority stakes in two European sporting goods retailers based in Austria and the Baltics.
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NewsAsda Income Tracker: Disposable income hits 12-month low
The average weekly disposable income for families has fallen to a 12-month low, according to Asda.
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NewsGeorge at Asda appoints international director to lead overseas expansion
George at Asda has promoted the grocer’s director of merchandising Nick Bailey to lead its overseas offensive.
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NewsAsda refreshes website as tablet version launches
Asda has revamped the homepage of its website and launched a tablet-optimised site to capitalise on digital shoppers on the move.
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NewsSignet reports sales fall at H Samuel as it closes stores
Sales at jeweller H Samuel fell 10.5% in the first quarter to $71.7m after the retailer slimmed down its store estate.