All News articles – Page 1959
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Walker’s back to basics vision for Woolworths
Retail entrepreneur Malcolm Walker will take Woolworths back to basics and restore its appeal as a traditional variety store if he succeeds in buying it.
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General Trading Company plans spring relaunch
General Trading Company, the iconic Chelsea department store retailer, is to relaunch next spring.
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Potential buyers line up for crack at troubled Faith
Potential buyers of beleaguered shoe specialist Faith are expected to submit offers for the 85-store chain by the start of next week.
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Topshop rejigs sites ahead of US landing
Arcadia is to adapt its Topshop and Topman web sites to cash in on the US market ahead of its much anticipated New York store opening in October.
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Sharp fears over M&S branded foods trial
Marks & Spencer launched its high-profile trial of branded foods despite misgivings on the part of executive director Steven Sharp, it has been claimed.
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Morrisons plots self-service future
Morrisons is to roll out self-service checkouts to 95 per cent of its stores by the end of the year as it attempts to improve efficiencies.
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EBay to woo retailers with new fee system
EBay has outlined ambitious plans to attract more retailers to its site to sell fix-priced merchandise as it seeks to ditch its flea market image.
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Selfridges to reveal new men’s formalwear area
Selfridges will unveil a new-look men’s formalwear department at its Oxford Street flagship at the end of September.
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Floors-2-Go founders lay down revival plan
Floors-2-Go’s founders are poised to revive the retailer’s fortunes after axing the existing senior management as they make a return to the business.
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Woolworths: The City View
Malcolm Walker’s surprise offer for Woolworths with backing from Baugur gave the group’s shares a fillip on Monday.
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Abrupt end to respite as sector share prices take turn for worse
After the party, the hangover. Retail’s rally proved short-lived and once again the sector headed south as food groups and general retailers alike underperformed the market.
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Signet poised for re-rating as it nears New York switchover
Jewellery giant Signet is likely to benefit from a re-rating when it switches its primary listing from London to the New York Stock Exchange.
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Findel quells City debt fears with sales climb
Home shopping group Findel has shaken off bad debt fears and posted a rise in sales. The retailer reported 2 per cent growth in group sales for the 19 weeks to August 15.
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BRC urges Chancellor to ease retail pressure
The British Retail Consortium has today written to Chancellor Alistair Darling urging him to reduce retailers’ price pressures to restore consumer confidence.
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Sainsbury’s ‘greenest’ claim
Sainsbury’s this week opened a wooden store at Dartmouth in Devon, which it claims is the UK’s greenest store.
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The Entertainer to triple web offer by Christmas
Toy retailer The Entertainer is ramping up its web site in time for the crucial Christmas trading period.
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M and M Direct relaunches site to snare value seekers
Online discount fashion retailer M and M Direct has revamped its offer to take advantage of the surge in bargain hunters created by the credit crunch.
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Tween Brands to axe fascia in focus on value
US fashion retailer Tween Brands will refocus its core business by converting its Limited Too stores to its more value-led brand Justice.
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Chinese grocer plans 400 openings after profit jump
Chinese food retailer Lianhua is ramping up its store expansion with plans to open 400 this year following a surge in profits.
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Debenhams plagued by delayed developments
Debenhams is understood to have been hit by a string of delays to upcoming schemes it is due to anchor as the slowdown hits property developers hard.