All News articles – Page 2068
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£35m payout to Courts advisers angers former staff
Former staff and creditors of failed furniture retailer Courts are up in arms after learning that advisors have netted 35 million in fees since the company collapsed in November 2004.
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Jane Norman doubles profits
Jane Norman has more than doubled its operating profits in the year to March 31, 2007.
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Land of Leather warns on profits
Furniture retailer Land of Leather has issued a profit warning, after a weak start to post-Christmas Sales and appalling like-for-likes for the period between October 29 and January 3.
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Retailers' negative trading statements climb in fourth quarter
In the fourth quarter of last year retailers issued the highest number of negative trading statements on the London Stock Exchange in nearly two years.
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Prices of agricultural goods soar
The prices of agricultural goods have continued to rise in 2008, intensifying fears over food and biofuel inflation for UK consumers.
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PPR dodges festive gloom
Gucci owner PPR said that Christmas sales had been good, despite festive trading fears.
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John Lewis and Waitrose sales boom over Christmas
John Lewis toasted record sales in the week to December 29, putting it on the festive winners’ podium.
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JJB non-executive director retires
JJB Sports has revealed that one of its non-executive directors has retired.
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Government campaigns to improve logistics skills
A Government organisation today launched a campaign to address the skills shortages in the logistics sector upon which retailers rely heavily.
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Nisa-Today’s posts record sales
Symbol group Nisa-Today’s posted record sales through its Central Distribution Services (CDS) network in December with like-for-like retail growth of 5.1 per cent.
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Online searches for post-Christmas Sales soar
Boxing Day was the busiest online shopping day of 2007 and the number of bargain hunters searching for post-Christmas Sales online more than trebled during the festive holiday period.
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City forecasts winners as tough 2008 dawns
Analysts face hard choices this year as they weigh up recommendations after the stock market savaging of 2007.
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Asda reignites supermarket price war with ad drive…
Asda is to spark another price war among the big four grocers with an ad campaign that launches today.
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Dolcis owner insists chain is safe as backer pulls out
John Kinnaird vows Dolcis will break even this year, despite crisis talks to secure new investor
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Stylo non-exec to retire
Barry Morris, non-executive director of Bradford-based shoe retailer Stylo, is to retire from the company.
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Carpetright: The City View
Founder Lord Harris called off his attempt to take Carpetright private just before Christmas.
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MFI to up marketing team in product push
Furniture giant MFI is to expand its commercial and marketing team by nearly a quarter as it seeks to continue its recovery this year.
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Play.com offshoot ups ante against Amazon
Play.com has intensified its march on Amazon’s market share as it aims to double the size of its product exchange site PlayTrade.
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West End BID picks new chief as retailers back five-year extension
The New West End Company (NWEC) has hired former East Midlands Tourism boss Richard Dickinson as chief executive.
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Stuart Rose knighted as retailers gain honours
The contribution of retailers to the economy and the country as a whole has been recognised in the Queen’s New Year’s Honours list.