All News articles – Page 1872
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Selfridges consults with staff in drive for efficiency
Iconic department store Selfridges has begun a consultation with almost 10 per cent of its 400-strong head office staff as it restructures to ensure continued momentum.
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Mamas & Papas to focus expansion on city centres
Mamas & Papas is to focus on city centre locations for expansion following the opening of its second new-look city centre store format in Westfield London last week.
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Parchment faces wind-up call over rents
Gifts and stationery retailer Parchment has had a petition brought against it to wind up the company. Mourant & Co Trustees filed the document at the High Court on January 25.
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NewsTrading Bargains: The Range owner to sell MFI stock in temporary outlets
Retail tycoon Chris Dawson, owner of The Range, has opened a raft of temporary stores under the new fascia Trading Bargains to trade stock bought after the collapse of MFI.
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Shannon reveals grand plan for Adams’ revival
Fashion entrepreneur John Shannon has outlined his plans for Adams after buying the childrenswear chain out of administration.
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Waitrose boss vows to trump M&S food sales
Waitrose boss Mark Price has thrown down the gauntlet to Marks & Spencer, vowing to overtake Sir Stuart Rose’s food business in terms of sales this year.
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NewsMore active role for Theo Paphitis as Rose Foster leaves La Senza
La Senza chief executive Rose Foster has left the lingerie chain less than two years after being drafted in to spearhead its turnaround.
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Liberty unveils look of its renaissance
Luxury department store Liberty has unveiled its new look as it embarks on its “Retail Renaissance”.
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Topps Tiles ‘not shaken’ by insurer
The withdrawal of credit insurance from suppliers to Topps Tiles will not affect trading performance, the retailer’s management insisted.
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Conran Shop reaffirms growth plans as sales soar
The Conran Shop is bucking the downward trend in the furniture sector with orders for the year to date rocketing 35 per cent since last April. The company is planning further international expansion.
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Marks & Spencer Dress for Less campaign to push fashion value
Marks & Spencer is mounting a high-profile marketing campaign to reinforce its value credentials among frugal shoppers keeping a tight eye on spending during the recession.
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India paves way for foreign retail investment
The Indian government has opened the door to greater investment in the country’s retail sector by foreign companies.
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Discounter Dollar General lifted by downturn in US
US discount retailer Dollar General has defied the retail gloom and unveiled plans to open more than twice as many stores in 2009 than in 2008.
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Burberry’s new home reflects best of British
Luxury fashion retailer Burberry has moved into its new global head office in London’s Westminster.
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Thorntons: interim results
The chocolatier suffered a 39 per cent fall in interim profits to 7.3m on sales up 1.3 per cent to 128.4m, but trends have improved in the second half.
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Mixed retail signals polarise City opinion for industry’s prospects
Food retailers and general merchandisers alike fell last week but still outperformed the market. The industry’s prospects continue to polarise City opinion, however.
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Volatile economy hits Laura Ashley profits
Laura Ashley has issued a profit warning after suffering in the “volatile economic climate”.
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Zavvi to cease trading as former chief executive snaps up stores
Zavvi’s former chief executive Simon Douglas has bought eight stores from administrator Ernst Young and plans to rebrand them under the fascia Head.
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Findel brands under review as home shopping slide continues
Home shopping group Findel has put two of its brands under review as sales at its home shopping division continued to slide, falling 6 per cent in the 44 weeks to February 6.
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Laura Ashley founder Bernard Ashley dies
Tributes have flooded in following the death of Sir Bernard Ashley, the colourful business mastermind who co-founded fashion-to-furnishings retailer Laura Ashley.