All Home & DIY articles – Page 266
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News
Retail Trust raises over £1m
Retailers came out in force last night to lend their support to retail charity The Retail Trust and raise nearly 1.1m at its glitzy London ball.
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News
Retail sales plummet in early January, CBI figures show
Nearly two thirds of retailers experienced a fall in sales volumes in the first half of January, and February is expected to be just as tough.
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News
ProCook to close all high street stores
Kitchenware retailer ProCook is to close all its high street stores as it focuses on internet sales and factory outlet stores after being bought out of administration last year.
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News
Land of Leather closes 33 stores
Land of Leather is to close 33 stores after it collapsed into administration earlier this month.
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News
Sofa Workshop sinks into administration
Sofa Workshop has plunged into administration, after last-ditch attempts to save the business failed.
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News
UK in recession as ONS reports December retail sales value fall
The UK plunged into recession for the first time since the early 1990s, official figures confirmed this morning.
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News
Troubled retailers close more than two in five shops
Financially troubled retailers have been closing more than two in five stores as the economic gloom on the high street deepens.
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AnalysisRetail staffing: Power to the People
Backing UK Retail isn’t just about the role the industry plays in the economy – it’s about the part it plays in communities too. Charlotte Hardie asks how store jobs have helped local people
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NewsWyevale offers 3% wage rise to engage staff
Garden centre chain Wyevale is to give staff across the business a 3 per cent pay increase in order to motivate them.
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News
Fund set up to back retailers of the future
A consortium of retail entrepreneurs has united to create an investment fund to support fledgling UK retail businesses.
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Opinion
John Richards: Think it's bad? You've seen nothing yet
Plan for lower sales in 2009 and 2010 and you won’t suffer too many unpleasant shocks. The severity of the financial crunch and the excesses that led to it mean that the adjustment process must not only be painful but protracted.
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Analysis
NRF: Brave New World
After a year of financial turmoil a more humble and socially aware retail industry was on show at this year’s National Retail Federation convention last week. Joanna Perry reports from New York
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News
Short selling on retail stock doubles
Short selling positions on retail shares have almost doubled between November and January, as investors bet on further misery for the sector.
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News
Inflation falls to 3.1 per cent
Inflation fell to 3.1 per cent in December, down from 4.1 per cent in November, the Consumer Prices Index showed.
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News
Retailer critical list grows
Retailers are set to face further distress in 2009 after the number of companies facing bankruptcy soared 81 per cent in the final quarter of 2008, according to a survey.
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News
Focus appoints new commercial director
DIY chain Focus has appointed Penny Teale as its commercial director.
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News
BrightHouse sales up as consumers opt to rent
Rent-to-buy electricals and furniture specialist BrightHouse has revealed underlying revenue increased 13.5 per cent in the 13 weeks to December 28.
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News
Worst Christmas sales growth in London since 2004
London retailers experienced their worst like-for-like growth this Christmas since 2004. December sales in the capital were 0.7 per cent lower than a year ago on a like-for-like basis.
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Analysis
Supply Chain: Reverse psychology
Returns can be a costly burden, yet retailers’ supply chains are often ill-equipped to deal with them. Charlotte Hardie asks where savings can be made as unwanted gifts fly back to stores.
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News
Retail stocks languish as dismal Christmas fails to lift confidence
Hard-pressed retailers outperformed the All Share index as the first week of trading updates brought few nasty surprises.