All News articles – Page 1698
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News
Matalan sale talks collapse as investors baulk at £1.5bn price
The sale of Matalan fell through on Wednesday after potential buyers failed to meet owner John Hargreaves’ price expectations.
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NewsRetailers compete for share of £1.6bn Valentine’s sales bonanza
Retailers are gunning for a £1.6bn pay day from Valentine’s Day sales this weekend, with grocers hoping cash-strapped lovers eat at home rather than go out to a restaurant.
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News
French Connection targets premium customers with latest ad campaign
French Connection has unveiled its latest ad campaign, one of its highest profile pushes since the legendary FCUK launch in 1997.
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News
Retail landlords urged to contribute to BIDs
Landlords and developers should contribute to Business Improvement Districts (BIDs) as well as the retailers that occupy their buildings, leading figures from both the retail and property sector said this week.
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NewsFashion designer Alexander McQueen found dead
Designer Alexander McQueen has been found dead at his home.
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NewsNectar programme launches in Italy
The Nectar loyalty programme has launched in Italy in partnership with supermarket chain Auchan, marking the first time the scheme has gone international.
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NewsScottish retailers ‘hindered by business rates policy’
Retailers in Scotland will be harmed by the Scottish Government’s failure to introduce business rates transitional arrangements, according to the Scottish Retail Consortium.
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NewsSports Direct retail sales climb 9.4%
Sports Direct has reported retail sales increased 9.4% in the 13 weeks to January 24 to £326m.
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NewsMatalan sale process axed
The sale of Matalan has been pulled after potential buyers failed to meet founder John Hargreaves’ price hopes for the value retailer.
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NewsUp to 129 Ethel Austin stores set to close
The administrators to Ethel Austin have earmarked half of the value retailer’s 270-store portfolio for closure.
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NewsCarpetright upgrades broadband bandwidth
Carpetright has upgraded its broadband network as part of the resigning of a deal with its existing supplier.
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NewsBest Buy trademarks Rumbelows name
Best Buy has trademarked the name of defunct electricals retailer Rumbelows but the brand will not be used by the US giant, which will open its first big box store in this country in the spring.
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NewsABI may challenge Marc Bolland’s M&S pay package
Incoming M&S chief executive Marc Bolland is facing objections from the Association of British Insurers over his £14.8m pay package.
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NewsNo new developments in pipeline for British Land
The UK’s second-biggest landlord British Land said it has no imminent plans to begin any new property developments as it revealed strong figures for its third quarter.
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NewsShop vacancies rise to 12% across UK
Shop vacancies have increased to 12.4% in the six months to December 31, compared with 10% in the previous six month period.
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NewsIncrease in CVAs expected
Further company voluntary arrangements (CVA) are expected in the next few months as the lagged impact of the recession takes effect, restructuring expert KPMG said.
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NewsJohn Lewis to invest a further £7.5m in home format
John Lewis will open its second home store, John Lewis at home, in Croydon in the autumn and has committed to investing a further £7.5m in the format.
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NewsLiberty of London creative director exits
Tamara Salman, the creative director of the Liberty of London brand, has left the business.
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NewsHalfords considers HobbyCraft bid
Halfords is mulling a bid for the arts and crafts retailer HobbyCraft, according to reports.
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NewsFocus DIY asks for rent holiday as snow hits sales
Focus DIY has asked landlords for a rent holiday as the snow last month hit sales.