Argos will launch its new catalogue tomorrow, which will carry 700 more products than a year ago.
Retail faces meltdown within 10 yearsSubscription
Rising costs and depressed demand could lead to a retail meltdown within 10 years, warns research consultancy Verdict.
Store of the week Folli Follie, LondonSubscription
Most retailers choosing to open a Regent Street store will relate to how hard it is to establish a distinctive character for a shop while observing landlord Crown Estate’s listed-building parameters. However, accessory and jewellery retailer Folli Follie has achieved this with its 800sq ft shop that opened on the street in May.
International grocery chain Delhaize has warned profits will fall short of expectations as the consumer downturn bites.
PPR like-for-likes climbSubscription
French luxury group PPR, which owns retailers including Fnac and Gucci, reported sales up 5.1 per cent sales to €4.68 billion in its second quarter.
M&S hails bag charging scheme a successSubscription
Marks & Spencer’s controversial 5p food carrier bag charge has resulted in an 80 per cent drop in the number of bags used since the scheme’s introduction in May.
Discount grocers pull in record shareSubscription
Discount retailers account for 5.9 per cent of grocery spend in the UK – their highest figure reported to date – and are the fastest-growing sector of the market.
Matthew Williamson to make US debutSubscription
Fashion retailer Matthew Williamson will open a flagship store in New York early next year.
Retailers hit the critical listSubscription
The retail sector is under increasing pressure from the credit crunch, with a 335 per cent increase in companies in severe difficulty compared with last year.
Central London outperforms rest of UKSubscription
Retail sales in central London have continued to outpace the UK as a whole.