All Retail Week UAT articles in December 7 2012 – Page 6
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NewsHMV sells Mama Group as it edges closer to disposal of HMV Live
Struggling entertainment retailer HMV has sold its live music business Mama Group for a net cash consideration of £7.3m.
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NewsSnow + Rock chief executive Dion Taylor steps down
Snow + Rock Group chief executive Dion Taylor has stood down from the outdoors retailer after eight years.
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NewsBrian McBride revealed as investor in Comet
Asos chairman Brian McBride was an investor in collapsed electricals chain Comet, it has emerged.
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OpinionComment: Pop-ups mean trouble
The life has gone out of many pop-ups and they’re there because they have to be.
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NewsJohn Lewis achieves record online sales last week
John Lewis sales jumped 9.3% to £124.2m last week, representing the third best week ever at the department store group and its best ever week online.
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NewsHigh street sales fall 0.2%
Bad weather towards the end of November hit footfall across the high street as underlying sales dropped 0.2% last month, and it is expected shoppers will leave spending to the last minute this year.
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NewsTwo thirds of MPs support business rates freeze
A freeze on business rates for retailers next year is backed by two thirds of MPs, says a poll by the British Retail Consortium (BRC).
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NewsRetailers braced for Cyber Monday
Retailers are today bracing themselves for what they expect to be the busiest online shopping day of the year.
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NewsFurther redundancies made at Comet
Comet administrator Deloitte has revealed further redundancies across the collapsed electricals retailer’s support operations.
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OpinionComment: Even a white-goods knight won’t be enough to save Comet now
I’m writing this on the day that a ‘white-goods knight’ is meeting with Comet’s administrators to thrash out a deal to acquire the bulk of the Comet business.
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NewsConsumer confidence hits 18-month high in November
Consumer confidence rose to an 18-month high in November as the GfK NOP Index jumped eight points unexpectedly.
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NewsDixons' Sebastian James says "structurally unsound" deal caused Comet collapse
Collapsed Comet failed due to a “structurally unsound” sale to OpCapita and its lack of investment in online technology, Dixons Retail chief executive Sebastian James said.
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NewsJohn Lewis posts record Saturday driven by Black Friday
John Lewis sales surged 11% last week to £109.6m driven by promotions across Black Friday, the Countdown to Christmas event and price-matching activity.
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NewsSupermarkets take action to tackle price-cut concerns through OFT initiative
Tesco, Sainsbury’s and Morrisons are among a group of supermarkets that have committed themselves to tackling concerns over food and drink promotions through an initiative with the Office of Fair Trading (OFT).
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News
Poundland extends food offer
Variety single-price retailer Poundland has extended its food offer by adding 100 new grocery lines, increasing competition for the grocers.
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OpinionComment: Dixons needs to tackle falling sales in southern Europe
Rather like Gatwick Airport, Dixons is split between the north and the south, and although life is generally grim ‘up’t north’, in Dixons’ case it is the other way around.
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NewsNovember retail sales jump to highest level since June
November retail sales rose at their fastest pace since June this year, data from the CBI Distributive Trades Survey shows.