All Retail Week UAT articles in October 30, 2009 – Page 4
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News
RadioShack reports a 3.1% decline in net sales
For the third quarter ending September 30, 2009, RadioShack reported a 3.1% decline in net sales to $990m (£606m).Comparable same-store sales for company-operated stores and kiosks declined 2.9%, driven primarily by sales declines in digital-to-analog converter boxes, laptop computers, batteries, wireless accessories, and GPS products.Operating income plummeted 18.3% to $69.4m ...
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OpinionIs Matalan really worth £1.5bn?
Would you buy a business from John Hargreaves? For the sake of clarity, that’s as much a compliment to him as it is a caution to others.
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NewsThreshers owner First Quench Retailing goes into administration
Threshers owner First Quench Retailing has plunged into administration.
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NewsSainsbury's launches biggest ever toy promotion
Sainsbury’s has today launched its biggest ever toy promotion, slashing 50% off prices of all toys for one week.
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NewsMorrisons to sponsor Disney’s A Christmas Carol premiere
Grocer Morrisons is to sponsor the world premiere of Disney’s A Christmas Carol, expected to be a festive season movie blockbuster.
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NewsFoyles joins battle for e-book market share
Bookseller Foyles has launched an e-book store as the battle for share of the digital books market hots up.
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NewsInvestors buy into £100m JJB Sports fundraising
JJB Sports has reported that its £100m fundraising has been successful, putting the embattled business on a firmer financial footing.
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NewsBlacks focuses on restructuring as losses mount
Outdoors specialist Blacks Leisure has suffered a steep decline in first-half profits but said it is making progress with restructuring, details of which are being finalised.
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NewsHarvey Nichols expands Christmas shop format
Luxury department store Harvey Nichols is to expand its pop-up Christmas Foodmarket shop format to more cities this festive season.
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NewsO'Neill buys four Sandcity shops
The administrators of Sandcity, the boardwear subsidiary of Blacks Leisure, have sold four shops to O’Neill.
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NewsBest Buy to hire 8,000 in UK
Electricals giant Best Buy expects to create 8,000 jobs in the UK over a five-year period after launching in this country in spring 2010.
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NewsNostalgic toys to sell well this Christmas
Nostalgic toys “with a modern twist” are expected to fly off the shelves this Christmas, according to the Toy Retailers’ Association (TRA).
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OpinionLast night a kiosk changed my life
Just a couple of years back most retailers had written off in-store kiosks. But I had a moment in an Argos store yesterday; and it has made me think again about whether consumer perceptions of the technology have changed.
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NewsTesco Bank to create 1,000 jobs in Newcastle
Tesco is to create 1,000 new jobs in Newcastle in its banking division with the opening of a customer service centre in the city.
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NewsCarpetright delivers better than expected first half
Carpetright like-for-like sales in the UK and Ireland increased 3.5% in the 25 weeks to October 24 after an improvement in the second quarter.
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NewsTPG nets £500m from Debenhams exit
Private equity group TPG has cashed in its remaining stake in Debenhams, the department store group whose buy-out it funded in 2003.
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NewsThreshers owner on the brink of administration
Threshers owner First Quench is on the brink of going into administration, Retail Week has learned.
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NewsUK high street sales show most positive growth in two years
UK high street sales in the year to October showed the most positive growth in two years, according to the CBI’s monthly Distributive Trades Survey.
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NewsOne in 10 UK retailers shut up shop in 2009
One in 10 retailers closed their doors between January and September this year according to research released today by the Local Data Company.
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OpinionWho are they kidding?
Today’s Times suggests landlords think the retail recession is over. That optimism might be misplaced.