All articles by Thomas Whittaker
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News
Argos celebrates 35th birthday with biggest catalogue to date
Argos will launch its new catalogue tomorrow, which will carry 700 more products than a year ago.
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News
Retail faces meltdown within 10 years
Rising costs and depressed demand could lead to a retail meltdown within 10 years, warns research consultancy Verdict.
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Gallery
Store of the week Folli Follie, London
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 ...
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News
Delhaize warns on profits as hard discounters steal share
International grocery chain Delhaize has warned profits will fall short of expectations as the consumer downturn bites.
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News
PPR like-for-likes climb
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.
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News
M&S hails bag charging scheme a success
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.
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News
Discount grocers pull in record share
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.
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News
Matthew Williamson to make US debut
Fashion retailer Matthew Williamson will open a flagship store in New York early next year.
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News
Retailers hit the critical list
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.
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News
Central London outperforms rest of UK
Retail sales in central London have continued to outpace the UK as a whole.
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News
Families’ disposable income still shrinking
The average family is 9 a week worse off compared with June last year, Asda’s income tracker has found.
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News
Tesco to build straw-powered energy plant
Tesco has been given the go ahead to build Britain’s first straw-powered, combined heat and power plant.
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News
Fire closes West End stores
Several stores near Bond Street underground station on Oxford Street have been forced to close today, following a fire last night.
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News
Food prices drive inflation in June
Soaring food and fuel prices pushed the benchmark Consumer Prices Index up 3.8 per cent in June compared with 3.3 per cent in May – almost double the Bank of England’s inflation target.
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News
Jessops warns on profits
Camera specialist Jessops has warned that losses this year will be worse than last year, as tough trading conditions continue to bite.