Everything in Retail Week

Everything published this week in Retail Week.

Video: Primark founder Arthur Ryan collects outstanding achievement award Subscription Required

5-Mar-2010 10:05 am | By George MacDonald

Famously private Primark founder Arthur Ryan for once stepped into the limelight at the Oracle Retail Week Awards last night.

Fat Face owner injects new capital to secure future growth

Fat Face owner injects new capital to secure future growth Subscription Required

11-Mar-2010 5:46 pm | By Lisa Berwin

Fat Face owner Bridgepoint has injected £8.5m into the business to help the retailer’s expansion plans, it has emerged.

John Lewis Partnership pre-tax profits up 9.7% Subscription Required

11-Mar-2010 10:08 am | By Jennifer Creevy

John Lewis Partnership has reported pre-tax and bonus profits up 9.7% to £306.6m and staff shared a £151.3m bonus pot, 15% of salary.

Tesco clothing chief Terry Green replaced by Richard Jones Subscription Required

11-Mar-2010 9:22 am | By Jennifer Creevy

Tesco clothing chief Terry Green is to be replaced by the grocer’s head of non-food Richard Jones.

Comments (1)

Flying Brands' profits rose last year

Restructuring bears fruit as Flying Brands profits rise Subscription Required

11-Mar-2010 9:05 am | By George MacDonald

Home shopping group Flying Brands strategy to focus on its core gardening and gift divisions is bearing fruit, the retailer said as it posted improved full-year results.

Morrisons profits up 30% Subscription Required

11-Mar-2010 8:59 am | By Jennifer Creevy

Morrisons has reported pre-tax profits have hiked 30% to £858m, up from £655m, in its full year results ending January 31.

Snow hit sales at Argos

Home Retail profits to beat expectations despite Argos sales fall Subscription Required

11-Mar-2010 8:41 am | By George MacDonald

A later than usual catalogue launch and wintry weather contributed to a like-for-like sales fall of 9.4% at catalogue store group Argos but parent Home Retail Group expects its full-year results to beat expectations.

Whistles posts a £5m pre-tax loss Subscription Required

10-Mar-2010 10:17 am | By Jessica Brown

Whistles has reported a pre-tax loss of £5.1m for the 12 months ending January 31, 2009 in its first year under the leadership of former Topshop boss Jane Shepherdson.

Julian Dunkerton

SuperGroup to expand and launch marketing campaign after IPO Subscription Required

10-Mar-2010 9:26 am | By Joanne Ellul

SuperGroup will use the £125m the expected float will raise to open 20 stores and launch a marketing campaign, founder Julian Dunkerton said.

HobbyCraft has shortlisted six bidders

HobbyCraft picks six suitors for second-round bids Subscription Required

10-Mar-2010 8:54 am | By Nicola Harrison

Arts and Crafts retailer HobbyCraft has narrowed its list of suitors to six bidders.

Sainsbury's and Asda set up youth training schemes Subscription Required

10-Mar-2010 8:50 am | By Jennifer Creevy

Sainsbury’s and Asda are setting up training schemes to push food as a career choice to young people.

Card Factory founders set to rake in £400m Subscription Required

10-Mar-2010 8:34 am | By Nicola Harrison

Card Factory has received bids for the business from several private equity groups that could result in the founders taking home a £400m windfall.

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Retailer screening leads to decrease in card-not-present fraud Subscription Required

10-Mar-2010 0:01 am | By Joanne Ellul

Phone, internet and mail order fraud has fallen by 19% to £266.4m from 2008 to 2009, according to new figures from the UK Cards Association.

More than one in ten shops on the high street are empty

Shop vacancies on the rise Subscription Required

9-Mar-2010 10:28 am | By Nicola Harrison

Shop vacancies rose in the three months to January 31, with more than one in ten shops on the high street lying empty.

Comments (2)

John Lewis commercial director takes on 'bricks and clicks' Subscription Required

9-Mar-2010 9:58 am | By Amy Shields

John Lewis has charged commercial director Andrea O’Donnell with overseeing retail development, format development and retail implementation at the department store chain.

Retail sales ahead 2.2% in February

Retail sales ahead 2.2% in February Subscription Required

9-Mar-2010 8:57 am | By Lisa Berwin

UK retail sales grew 2.2% on a like-for-like basis in February, according to the British Retail Consortium (BRC).

DFS set to be sold within days Subscription Required

9-Mar-2010 0:00 am | By Nicola Harrison

Sofa giant DFS is poised to be sold for more than £500m before the end of next week.

George at Asda launches 100-day returns policy Subscription Required

8-Mar-2010 9:57 am | By Jennifer Creevy

George at Asda has launched a 100-day returns policy across its entire range, as it seeks to step up the competition on rivals Primark, Tesco and Marks & Spencer.

N Brown

N Brown to launch plus-size menswear Subscription Required

8-Mar-2010 9:48 am | By Eve Oxberry

N Brown, the internet and home shopping group, is to launch a plus-size menswear brand called Williams & Brown

Blacks Leisure starts store expansion Subscription Required

8-Mar-2010 9:45 am | By Jennifer Creevy

Blacks Leisure has begun a store rollout programme which it said is the next phase in the company’s turnaround plan.

John Hargreaves is set to pay himself a £250m dividend

Matalan founder to pay himself £250m dividend Subscription Required

8-Mar-2010 9:32 am | By Amy Shields

Matalan founder John Hargreaves is set to pay himself a £250m dividend as part of refinancing plans at the value chain.

Government mulls imposing VAT on food Subscription Required

8-Mar-2010 9:29 am | By Jennifer Creevy

Government could begin charging VAT on food as a means of reducing the national defecit.

Comments (5)

John Lewis Partnership staff to receive 14% bonus Subscription Required

8-Mar-2010 9:14 am | By Jennifer Creevy

John Lewis Partnership staff are expected to receive around 14% of their annual salary as a bonus as the retailer reveals strong full-year profits.

Supergroup founder Julian Dunkerton's stake will be worth £130m

IPO to value SuperGroup at £395m Subscription Required

8-Mar-2010 9:12 am | By George MacDonald

Fashion retailer SuperGroup is expected to reveal this week an IPO share price of 500p, valuing the business at £395m.

Vero Moda and Jack & Jones to open on Oxford Street Subscription Required

5-Mar-2010 3:47 pm | By Nicola Harrison

Danish fashion chains Jack & Jones and Vero Moda will open a new dual fascia shop on Oxford Street.

Alexon to raise capital to speed recovery Subscription Required

5-Mar-2010 1:45 pm | By Eve Oxberry

Alexon Group has announced plans to raise £20.3m to accelerate its turnaround plan.

Benetton launches interactive catalogue Subscription Required

5-Mar-2010 11:20 am

Italian fashion group Benetton has launched a multimedia element to its worldwide catalogues that will give customers behind-the-scenes access to its new collections.

Republic ups online query response rates Subscription Required

5-Mar-2010 11:18 am | By Joanne Ellul

Republic’s integration of new online customer service technology has led to 90% of enquiries on Republic.co.uk being dealt with by its automated help section, allowing swifter response rates.

Homebase unveils networking website Subscription Required

5-Mar-2010 11:16 am | By Nicola Harrison

Homebase has launched a social networking site to promote its gardening credentials.

Comments (2)

Ashley: may be given deadline to bid for Blacks

Blacks poised to seek deadline for Ashley bid Subscription Required

5-Mar-2010 9:14 am | By George MacDonald

Blacks Leisure is likely to ask the Takeover Panel to issue a ‘put up or shut up’ notice to tycoon Mike Ashley’s Sports Direct following the latter’s disclosure that it is considering a takeover of its rival.

Comments (1)

Fashion and home did well last week for John Lewis

John Lewis defies bad weather with 14.8% sales uplift Subscription Required

5-Mar-2010 8:39 am | By George MacDonald

Department store chain John Lewis posted a 14.8% sales increase last week to £50.4m, when sales of fashion and home products were strong.

Getting into club Bershka Subscription Required

March 12, 2010 | By John Ryan

Can the club ambience of Bershka’s revamped Oxford Street store help put it more firmly on the UK’s young fashion map?

Jennifer Creevy

Tesco’s dotcom model Subscription Required

March 12, 2010 | By Jennifer Creevy

Tesco is widely thought to be the only grocer to make a profit from its dotcom operation. And judging by the reaction from the City after analysts visited its dotcom-only store in Aylesford, Kent, on Friday, the grocer looks poised to widen the gap on its competitors.

Greg Hodge

Grocers to target smaller footprint stores for growth Subscription Required

March 12, 2010 | By Greg Hodge

With 2009 annual results flooding in, the overriding opinion of last year is that it was one when retailers cut back on expenditure and scaled back store openings. The outlook now is for conservative store growth through smaller footprint stores.

George Macdonald

Retailers need more friends in Westminster Subscription Required

March 12, 2010 | By George MacDonald

Nobody doubts hard political choices will have to be made to cope with the costs of the banking crisis and recession, but VAT on food should not be among them.

Malcolm Walker

Sexy products Subscription Required

March 12, 2010 | By Malcolm Walker

Entrepreneurs thrive on selling products that they find sexy, says Malcolm Walker

Michael Jary

Can value endure in good times? Subscription Required

March 12, 2010 | By Michael Jary

We should not see the development of the value sector as a recessionary or “cyclical” phenomenon.

No red card for CNP fraud Subscription Required

10-Mar-2010 | By Joanna Perry

After years of rising card-not-present fraud, which retailers have had to shoulder, is technology finally winning the battle?

Scandi brands, Scandi bland? Subscription Required

8-Mar-2010 | By John Ryan

News that Danish fashion chains Vero Moda and Jack & Jones are to open a dual fascia shop on Oxford Street should be greeted as good news by shoppers in search of variety on one of the UK’s leading commercial thoroughfares. Yet it is hard not to stifle a mild yawn.

Primark: the fashion retailer for our supermarket age Subscription Required

March 5, 2010 | By Tim Danaher

Primark celebrated its 40th anniversary last year, and its double success at the Oracle Retail Week Awards last night perhaps represented its coming of age.

Latecomers join the online party Subscription Required

March 5, 2010 | By Steve Robinson

The arrival of big brands like Gap is a sign of ecommerce’s maturity, says Steve Robinson

Blacks’ uphill struggle Subscription Required

March 5, 2010 | By George MacDonald

Blacks chief executive Neil Gillis must feel like a mountain walker approaching the summit only to find there’s a steep rock face still to climb.

Dreaded needs test rears its head again Subscription Required

March 5, 2010 | By Simon Laffin

Yes, it’s election season and the Tories are going for the populist planning vote with their new Open Source Planning green paper.

US department stores see benefits of discount shops Subscription Required

March 5, 2010 | By Natalie Berg

The recession has breathed new life into US off-price clothing chains as consumers look for thrifty ways to shop without compromising on style.

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