All News articles – Page 1971
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Fashion trio to make debut in Cambridge
Three retailers have snapped up space at the Grand Arcade shopping centre in Cambridge.
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Decathlon sets sights on 40 stores in UK growth assault
French sportswear retailer Decathlon is preparing to reignite its UK expansion with aggressive plans to ramp up its store portfolio.
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Dunelm buys Dorma for £5 million
Homewares specialist Dunelm has bought bedlinen and soft furnishings brand Dorma for 5 million.
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July sales volumes plummet
The Summer Sales have bought no respite for beleaguered retailers as they reported plummeting sales volumes in July.
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Games Workshop returns to growth in UK
Wargames specialist Games Workshop returned to sales growth in the UK last year, when group turnover was flat despite a store closure programme.
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Otto picks UK chief
Multichannel retailer Otto has appointed Koert Tulleners as chief executive to head its UK operations.
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Government threatens to call time on free plastic bags
Supermarkets have been warned that they must cut the number of plastic bags they distribute by 70 per cent by spring 2009 or be forced to start charging for them.
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Qataris raise Sainsbury's stake again
The Qatar Investment Authority (QIA) has raised its stake in Sainsbury’s for the third time in a month.
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Beds Direct sold to management
Beds Direct has been bought out of administration by its management.
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Woolworths sales slide
Variety store group Woolworths revealed a like-for-like sales decline of 6.7 per cent at its core retail business in the six weeks to July 26.
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Tesco buys out RBS in £950 million deal
Tesco has taken full ownership of its Tesco Personal Finance (TPF) financial services, in a move that it says will generate 1 billion in profit from retailing services.
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Beds Direct hits the buffers
Bed retailer Beds Direct has fallen into administration, making it the latest casualty of the credit crunch.
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Harrods faces strike action
World famous department store Harrods could be faced with strike action in a dispute over pay.
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Hilco bosses join MFI board
Two senior directors at turnaround specialist Hilco are understood to have joined the board of furniture giant MFI in a move that throws further speculation on the retailer’s future.
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Argos celebrates 35th birthday with biggest catalogue to date
Argos will launch its new catalogue tomorrow, which will carry 700 more products than a year ago.
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Space NK to open in US Bloomingdale’s stores
Health and beauty retailer Space NK has struck a deal with US department store Bloomingdale’s to open concessions in the US.
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Waitrose opens third market town store
Waitrose opened its latest market town store last week at Brackley in Northamptonshire.
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Retail faces meltdown within 10 years
Rising costs and depressed demand could lead to a retail meltdown within 10 years, warns research consultancy Verdict.
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Rose’s dual role under fire again
The backlash over Sir Stuart Rose’s dual role of chief executive and executive chairman at Marks & Spencer faces renewed opposition, this time from the Local Authority Pension Fund Forum (LAPFF).
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John Lewis Sale drives trade
Department store chain John Lewis’s sales were in positive territory for the second week running, helped by the clearance of Sale items.