All News articles – Page 1951
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Argos like-for-likes nosedive in second quarter
The mighty Argos became the latest victim of the consumer recession, as like-for-likes plummeted during the second quarter.
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Carphone Warehouse ejected from FTSE 100
Carphone Warehouse has been ejected from the FTSE 100, bringing retail’s representation on the blue-chip index to the lowest in memory.
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Mosaic kicks off drive for uniform planning systems
Mosaic Fashions is rolling out JDA’s merchandise planning system to its Principles, Shoe Studio and Warehouse divisions.
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Tesco speeds up basket and loss analysis
Tesco has replaced a system at its data centre in order to improve both the basket analysis and stock wastage analysis it runs.
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John Lewis pushes on with IP CCTV roll-out
John Lewis has gone live with a networked CCTV system at its Leicester Highcross store, which opened last week.
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Faith chiefs exit as chain nears administration
Senior management at shoe chain Faith are set to leave the business as it is expected the chain will be put into administration this afternoon.
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Clinton Cards managing director to stand down
Clinton Cards managing director Mike Bugler is to stand down at the end of January 2009.
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Best Buy unveils new international team
US electricals giant Best Buy has revealed its new management team for its international operations.
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Sports Direct posts flat quarterly sales and profits
Sports Direct, the store group controlled by controversial tycoon Mike Ashley, managed to maintain sales and profits in its last quarter, despite torrid trading conditions.
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Next remains cautious as profits fall
Next has posted a fall of 12.4 per cent in pre-tax profits in its first half to July, down to 173.5 million for the period.
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Thorntons defies gloom with profit jump
Thorntons has bucked the high street gloom to report a pre-tax profit boost of 19.6 per cent to 8.5 million in its preliminary results.
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Comet to make first-half loss as sales plunge
Anglo-French electricals group Kesa disclosed that sales have plunged at its flagship businesses, including UK chain Comet, which will make a first-half loss.
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Galiform and Merchant Equity settle MFI row for £8 million
Building supplies group Galiform has agreed to pay Merchant Equity Partners 8 million in settlement of a dispute arising from the sale of MFI’s retail business to the private equity firm.
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BRC slams expected business rates rise
The British Retail Consortium has hit out at the Government for failing to protect retailers from extra costs being piled onto the industry following a report suggesting that business rates will increase by 16 per cent from April 2010.
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Blackwell boss steps down
Blackwell UK chief executive Vince Gunn has left the retailer with immediate effect.
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Liverpool’s Clayton Square set to grow
Land Securities has started work on the first phase of investment in Liverpool across two shopping centres in the city centre.
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Staines centre submits plans for extension
Elmsleigh Shopping Centre in Staines could benefit from a third phase of extension, following an application to Spelthorne Borough Council by Clerical Medical Investment Group.
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Orange begins expansion drive
Mobile phone giant Orange has kick-started its latest phase of store roll-outs in the UK with the opening of its second outlet in Southampton last week.
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Thresher to expand in time for Christmas
Drinks retailer Thresher Group is to open 15 stores before December to ramp up its portfolio for the key Christmas trading period.
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Topshop launches US site and new Kate Moss range
Kate Moss’s new collection launched at Topshop today along with a US web site for Topshop and Topman ahead of the fashion store’s debut in the US later this year.