All News articles – Page 1909
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Tach hits West End
Luxury Russian jewellery brand Tach is preparing to open its first worldwide standalone store in London’s West End.
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BCSC heralds retail planning process reform
The British Council of Shopping Centres (BCSC) has welcomed the findings of a Government report, which it says will help speed up the planning process in retail.
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Debenhams confirms three-day Sale
Debenhams has confirmed it will tomorrow launch a three-day Sale, which is expected to be extended to cover the whole weekend.
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Zavvi stops selling online after EUK collapse
Zavvi has stopped selling DVDs, music and video games online in the key pre-Christmas trading period as it is hit by the administration of its supplier, Woolworths' entertainment wholesaler EUK.
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Republic EBITDA soars
Fashion retailer Republic has reported a rise of over 30 per cent in EBITDA to 17.2 million for the year to January 27.
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Game sales soften
Computer and video game retailer Game has announced robust sales growth, despite a slowing performance over the last 18 weeks.
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Trading below expectations at Stylo
Shoe retailer Stylo has continued to be hit by tough conditions on the high street, announcing today that trading in the four weeks since October 31 had been below expectations.
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Park Group pre-tax losses narrow
Christmas hamper specialist Park Group has reduced its pre-tax losses by 17 per cent to 3.2 million in the six months to September 30.
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Tesco Discounter range hits UK sales
Tesco has reported UK sales growth halved in its third quarter as its Discounter range hit its performance.
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JD Sports Fashion like-for-like sales slow
Like-for-like sales at JD Sports Fashion have been hit by the difficult economic climate and strong comparatives from last year.
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Theo Paphitis confirms Woolworths talks
Theo Paphitis, owner of Ryman, said he wants to keep the Woolworths name alive and that a speedy resolution to talks on the rescue of the variety retailer is “absolutely crucial”.
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Card Factory snaps up Celebrations stores
Card Factory has bought 76 stores from greetings card retailer Celebrations, which fell into administration in October.
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John Lewis sales fail to sparkle
Sales at retail bellwether John Lewis have continued to decline as confidence on the high street wanes.
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Retail failures up 17 per cent
More than a thousand retail businesses have hit the buffers in the past year, with more failures expected due to poor Christmas trading.
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Barclays appoints Grant Thornton to JJB Sports
Barclays Bank has appointed Grant Thornton to advise it on JJB Sports’ future plans as the retailer revealed this morning that it has exchanged the contracts for four of its stores to Sports Direct.
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Tesco expected to report lowest UK sales growth for a decade
Tesco is set to reveal its worst UK sales results in more than a decade, as the slowdown continues to take its toll on retailers.
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Theo Paphitis joins Woolworths’ fray
Woolworths’ potential saviours are to meet administrators today for a second round of talks to try to save the retailer, with a deal hoped to be sealed by the end of the week.
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Land of Leather confirms interest in business
Land of Leather has confirmed that it has received a number of expressions of interest to buy its furniture retail business.
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Smaller retailers toast rent triumph
Smaller retailers are celebrating an agreement with landlords that allows them to pay rents monthly without incurring a financial penalty.