All articles by Lisa Berwin – Page 35
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Home retailers most distressed, new data shows
Retailers selling homewears and non-discretionary food are feeling most pressure from the economic downturn, according to new data from KPMG.
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Online sales continue to defy general retail gloom
Online sales have continued to provide retailers with growth, up 13 per cent in February compared with last year.
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Sir Stuart Rose to face M&S shareholder revolt
Marks & Spencer boss Sir Stuart Rose is set for another showdown with M&S investors over his controversial chairmanship.
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Debenhams buoyed by own-bought ranges
Debenhams like-for-like sales for its first half to February 28 were 3.6 per cent lower than last year on total sales up 0.3 per cent.
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JJB Sports examines restructuring options as standstill agreement extended
JJB Sports has received a further extension on its standstill agreement with its banks as it examines restructuring options for the business.
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Shopworkers seek help as redundancy fears grow
Shopworkers are becoming increasingly depressed and turning to alcohol as the threat of redundancy rises across the retail sector, the Retail Trust has found.
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AnalysisMatthew Moulding: Back of the net
Buying the Zavvi name has put e-tailer The Hut on the map. Founder and boss Matthew Moulding tells Lisa Berwin why he is focused on growth
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The Hut hatches plans for unstaffed high street shops
E-tailer The Hut is in talks with shopping centre owners as it mulls the possibility of taking its online venture into bricks and mortar.
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Clarks to keep focus on global expansion
Clarks is to continue its international growth as the global footwear giant’s sales reach 1bn for the first time.
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Topman pursues euro online as spend leaps
Menswear retailer Topman has benefited from a surge in online spend from Europe as canny shoppers take advantage of the strength of the euro against the pound.
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NewsUS retailers’ sales languish as unemployment rockets
US fashion retailers continued to feel the negative impact of weakening consumer confidence in their February sales updates as soaring unemployment plagued the country.
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Smythson weighs up potential sale
Luxury leather goods retailer Smythson has appointed Cavendish Corporate Finance to examine the possibilities for a sale of the business.
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JJB receives offers for its health clubs business
JJB has confirmed it has received a number of offers for its health clubs business.
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John Lewis staff face bonus cuts
Staff at the John Lewis Partnership are facing severe cuts in their annual bonuses as the retailer expects to reveal reduced profits in its full-year results on Wednesday.
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BRC urges the Government to delay VAT increase
The British Retail Consortium has urged the Government to delay plans to increase VAT to 17.5 per cent on December 31.
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NewsThe Hut plots route to become ‘next Amazon’
E-tailer The Hut, which this week bought the rights to the Zavvi brand and website, wants to buy more struggling brands to turn into pure-play sites as it guns to become a serious competitor to Amazon.
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George Davies mulls clothing range to sell in indies
Retail guru George Davies is considering a return to fashion with the launch of a clothing range for independent department stores.
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Former Principles co-owner battles on to secure chain
The former management of fashion group Mosaic is understood to be working to ensure that former Principles co-owner Peter Davies is successful in his bid for the fashion brand.
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Freemans Grattan cuts over 1,000 jobs
Home Shopping Group Freemans Grattan Holdings (FGH) is understood to have announced over 1,000 job losses after a business review.
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90 jobs go as Shoe Studio is sold to Dune
Shoe Studio has been bought out of administration by Dune with the loss of 90 jobs.