All News articles – Page 2040
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Selfridges picks ex-M&S man to spearhead web site launch
Selfridges has hired a former Marks & Spencer head of e-commerce to oversee the much-anticipated launch of its transactional web site in 2010.
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Game appoints two MDs
Game Group has promoted two senior staff members to drive the development of its dual brand strategy in the UK and Ireland.
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Kingfisher sales fall in UK and China but full-year is on track
Home improvement retailer Kingfisher reported weaker than expected performance in its UK and Chinese businesses in the fourth quarter, but remained confident that full-year profit would meet expectations.
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JJB Soccer Dome cash earmarked for refurbs
JJB Sports will invest in re-energising its stores using the proceeds of Tuesday’s 17.4 million sale of its Soccer Domes division to five-a-side football centre company Powerleague.
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Dunelm: the city view
Homewares retailer Dunelm has reported interim pre-tax profit up 24.4 per cent to 27.2 million, but warned that second-half trading will prove tougher, writes Jennifer Creevy .
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Poor John Lewis trading fuels City fears as Tesco is attacked
John Lewis’s revelation that last week’s trading was the “toughest in recent memory” spooked an already panicky City.
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Design kicks off at Leeds as architects drafted in
The Leeds Partnership, a joint venture between Hammerson and Town Centre Securities, has appointed six architects to enlist designers for its 1.5 million sq ft (140,000 sq m) retail-led scheme.
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Hobbs takes largest unit outside London
Fashion retailer Hobbs will open its largest store outside of London at the Milsom Place development in Bath.
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Morrisons to anchor phase two at Holyhead
Morrisons will anchor the next phase of development at the Holyhead retail park on Anglesey.
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Thorntons to ramp up its café openings
Chocolatier Thorntons is to ramp up the expansion of its caf format, following its stellar first-half profits revealed last week.
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Dreams looks overseas as profits rocket 88%
Beds specialist Dreams is planning to launch overseas, as it posted an 88 per cent rise in full-year pre-tax profits to £13.3 million.
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Suppliers mull legal action over Stead
A group of footwear suppliers are considering legal action to recover full payment for stock delivered to Stead & Simpson before it was sold in a pre-pack administration deal to rival Shoe Zone last month.
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Londis to invest in pricing and infrastructure after challenging year
Musgrave has unveiled a series of measures to improve the performance of its Londis convenience store chain.
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Six suitors vie to buy The Works
Five private equity firms and a trade buyer are thought to be bidding to acquire The Works, which went into administration last month.
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MPs demand tax inquiry following Tesco allegations
MPs and Lords have called for a crackdown on tax avoidance after the Guardian newspaper alleged that Tesco was using an elaborate corporate structure to avoid paying tax.
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Peacocks on the hunt for 120 concessions
Peacocks is seeking retail partners to open about 120 concessions in the UK.
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Consumer spending slows sharply in Q4
Consumer spending in the fourth quarter of 2007 almost ground to a halt, confirming retailers’ worst fears, according to the Office for National Statistics.
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Ann Summers co-founder steps down
One of the co-founders of Ann Summers, Ralph Gold, has retired from the retailer's parent company Gold Group International and sold his stake to his brother David Gold.
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Laura Ashley wooed for Moss Bros bid
Fashion-to-furnishings retailer Laura Ashley has been approached by a Moss Bros shareholder to lend its weight to a counterbid to Baugur’s 40 million indicative offer for the retailer, according to reports.
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Smallbone posts record results
Luxury furniture retailer Smallbone has posted record financial results and expects growth to continue this year.