All Electricals articles – Page 119
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NewsWeekly sales slip at John Lewis
Sales at John Lewis department stores slipped 1.4% last week to £51.8m as warm weather and the peak holiday period took a toll. Excluding VAT the decline was 3.3%.
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NewsResilient retail stocks flagged up as stock markets plunge
Plunging stock markets have created buying opportunities among retailers and prompted brokers to seek out resilient stocks.
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NewsFindel turnaround gathers steam with sales rise
Home shopping group Findel reported an encouraging start to its turnaround as group sales rose 1.1% year-on-year.
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NewsBroker pinpoints value in Home Retail
Broker Morgan Stanley has become a buyer of Argos-owner Home Retail for the first time since the business was founded through demerger from GUS in 2006.
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NewsStore stocks bear up despite wave of riots
Despite the wave of rioting, including shop-burning and widespread looting, stores were down but outperformed other stocks in a week when the global markets were undermined by renewed financial fears.
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NewsConsumers more cash-strapped than ever
British consumers have never felt so strapped for cash as rising utility bills leave little money left over for basic needs.
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NewsHilco still in the running for control of Comet
Restructuring specialist Hilco is reportedly still in the running as a bidder for electricals retailer Comet.
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NewsWeekly sales 'slack' at John Lewis, but first-half ends well
Sales growth at department store chain John Lewis slackened last week as the good weather put consumers off visiting stores, but the retailer said it has had a good first-half.
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NewsBlacks rise continues in spite of retail’s fall
Outdoor specialist Blacks bucked a general retail share price dive to be the biggest riser for the second week running.
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NewsInvestment key as new TJ Hughes owner plans to rebuild the chain
TJ Hughes’ new owner has vowed to invest in the stores to revive the department store retailer in a bid to rebuild it into a nationwide chain within five years.
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News
Chinese authorities investigate copycat Apple stores
Chinese authorities in the southwestern city of Kunming have launched an investigation of electronics stores after media reports said one retail outlet seemed to be copying Apple’s store format.The inspections follow media attention around a Kunming store that appeared to be nearly identical to Apple’s highly stylized Apple Stores, including ...
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AnalysisProfile: Trevor Moore
Having learned the retail ropes at Phones 4U, the Jessops chief executive is now thriving in a targets-focused environment, says Nicola Harrison
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OpinionDixons heads for Harrods
Ironic that Dixons, which only two years ago was threatened by Harrods with legal action over a cheeky ad poking fun at the famous department store, is soon to be installed as the electricals concessionaire in the landmark Knightsbridge shop.
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NewsStakebuilding raises Blacks’ share price
The market edged up over the week but retailers of all types were becalmed.
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NewsPotential Comet bidders enter second stage
Directors of Kesa and their advisers at Bank of America Merrill Lynch were deciding which Comet bidders should go through to the second stage.
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NewsTablets drive Carphone sales but Best Buy concerns remain
Tablet computers have become a key driver of Carphone Warehouse’s performance for the first time.
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NewsRetail employment falls as non-food stores cut staff
Retail employment fell 0.4% in the second quarter of this year, equivalent to 3,100 fewer full-time jobs.
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NewsCarphone on track despite sales fall
Carphone Warehouse has reported a “very satisfactory start to the year” despite a like-for-like sales fall at the eponymous division.
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NewsRyness sold to Marlowe Holdings
Lighting and electricals chain Ryness has been sold to Marlowe Holdings, the holding company of Edmundson Electrical which supplies electricals to trade and industry.
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NewsFormer Kingfisher director considers bidding for Comet
Former Kingfisher director Jim Weight is among the bidders for troubled electricals chain Comet, it is understood.