- Fashion guru George Davies geared up for the launch of his multichannel womenswear venture GIVe, with the promise of a Regent Street store and website to launch on October 1.
- The success of Focus DIY’s CVA quashed competitors’ hopes that capacity would be taken out of the DIY market.
- Superdrug was confident it could increase its beauty market share despite suffer a pre-tax loss of £7.4m in 2008.
- DSGi poached John Lewis online chief David Walmsley to become its ecommerce director in the same month as it opened its first Megastore featuring a mezzanine floor.
- Value retailer Home Bargains published pictures of suspected shoplifters on its website in an attempt to identify them and push for their prosecution.
- Jessops appointed former Threshers managing director Trevor Moore as chief executive as the retailer’s restructuring neared its end.
- Property agent CB Richard Ellis said that 60% of the former Woolworths stores had been re-let.
- Signet-owned H Samuel launched a buying service for gold to cash in on the thriving second-hand jewellery market as recession-hit shoppers sold off unwanted jewellery items.
- The percentage of vacant stores on high streets rose to 12.6% by the beginning of August, although the rate of growth in store vacancies had begun to slow.
No comments yet