All articles by Jennifer Creevy – Page 107
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News
LK Bennett bidders emerge
Private equity firms Phoenix Equity Partners and Golden Gate Capital are understood to be vying to buy fashion and footwear retailer LK Bennett.
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News
Land of Leather sales slump set to continue
Land of Leather’s negative like-for-like sales are expected to continue for the rest of the year, as the City forecasts that there will be no upturn for the troubled furniture sector.
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News
Specsavers setting its sights on £1bn sales
Optician Specsavers is gunning to hit sales of 1 billion next year as it steps up its plans for global expansion.
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News
Uniqlo unveils UT Gallery spin-off in East End
Japanese fashion retailer Uniqlo has opened a pop-up shop off east London’s Brick Lane, called UT Gallery.
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News
Internacionale Limited enters administration
Interna ionale Limited, the company which operated value womens fashion stores Interna ionale and homewares retailer Au Naturale, has gone into administration.
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News
Bolland scoops £760,000 bonus
Morrisons chief executive Marc Bolland received a 760,000 bonus last year, almost 100 per cent of his salary, after leading a turnaround at the grocer.
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News
Blacks to shut Sandcity HQ
Blacks Leisure Group will close its Sandcity Washington, Tyne Wear head office and distribution centre and merge the business with its Freespirit operation in Northampton.
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Opinion
Snapping up rivals is becoming the norm
The news today that Vision Express has bought 100-year old family business G C Bateman sets out a new trend for retailers.
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News
Kingfisher finance director to step down
DIY group Kingfisher’s finance director Duncan Tatton-Brown is to step down after seven years with the retailer.
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News
Vision Express snaps up G C Bateman
High street Optician Vision Express has bought 70-store family business G C Bateman Group for an undisclosed sum.
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News
Baugur reviews Moss Bros bid
Icelandic group Baugur is continuing to evaluate its 42p a share offer for struggling menswear retailer Moss Bros.
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NewsWestfield London to land top retail names
Australian developer Westfield is poised to defy critics of its Westfield London shopping centre after securing a raft high-profile national and international retailers.
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News
Gillis ups ante for Blacks chiefs with £4m incentive bonanza
Outdoors specialist Blacks is to launch a 4 million incentive scheme for 25 top executives in an attempt to improve shareholder value and restore the retailer to its former glory.
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News
Bank launches attack on OFT
Investment bank Cazenove has hit out at the Office of Fair Trading (OFT) after the governing body launched a series of allegations into a wide range of price-fixing.
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News
Gerry Weber to up its presence in the UK
German womenswear retailer Gerry Weber has pushed the button on its UK and Ireland roll-out after trading in the country for just over two years.
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Opinion
Westfield should not be too hard on retailers
It was not all doom and gloom at last week’s Retail Week Property Directors’ Club, as you might expect in the present climate. Property directors were sounding a note of caution, but also enthused about certain projects and opportunities coming up this year.
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News
Carpetright on track to hit targets
Carpetright recorded challenging trade for the second half of its financial year in the UK and Ireland, but expected the group’s underlying pre-tax profit for the full year to be in line with City forecasts.
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News
Baker to join Virgin Active
Former Boots chief executive Richard Baker is to become chairman of Sir Richard Branson’s health and fitness chain Virgin Active.
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News
OFT launches fresh probe into supermarket price fixing
The UK’s four biggest grocers are under investigation by the Office of Fair Trading (OFT) for allegedly fixing prices of health, beauty and grocery products.
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News
Asda sells mobile handsets for a fiver
Asda is battling for its share of the lucrative mobile phone market with its launch of a pay-as-you-go mobile handset for just 5 today.