All Retail Week articles in December 4, 2009 – Page 2
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NewsManagement and Hilco lead race to buy Habitat
Habitat could be sold as early as next week with its management and restructuring specialists Hilco reported to be the front runners to buy it.
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NewsAsda wins rights to sell official FIFA World Cup merchandise
Asda has won the rights to sell official World Cup products next summer after its parent Walmart struck a deal with FIFA’s worldwide master licensee.
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NewsFindel reports first half loss
Home shopping group Findel has reported a loss for its first half but the retailer said it is confident its cost savings should help it to generate profit.
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NewsB&Q strong sales helps Kingfisher beat forecasts
DIY giant B&Q has reported like for like sales up 5.7%, helping parent company Kingfisher to beat City forecasts with a 28% increase in group profits.
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News
Grocery veteran John Cleland joins Esporta
Former First Quench director John Cleland has landed a new job as chief executive of health and leisure club operator Esporta.
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NewsJohn Lewis sales boosted by cold weather
Department store group John Lewis has reported trade from Sunday to Wednesday is up 12% on last year and 19% up on last week.
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NewsJohn Gildersleeve appointed as New Look chairman
New Look has appointed John Gildersleeve as its new chairman, who will take up the role in January replacing Phil Wrigley who will stand down after nine years at the fashion retailer.
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OpinionFlannels CVA signals continued woes for the luxury market
The economic crisis has well and truly taken the shine off the luxury market with excessive spending off the agenda for many.
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NewsGap like-for-like sales flat in November
Gap said that comparable store sales across its group were flat for the four weeks to November 28, compared with a decrease of 10% in November last year.
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NewsSelfridges ready for online debut as centenary profits to hit £100m
Department store group Selfridges said it is on track to launch its much-anticipated online offer in spring, as it revealed it expects profits of at least £100m in its centenary year.
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AnalysisWhat it’s like to work at Phones 4U
The inside view from human resources and operations director Tom Shorten.
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X5 Retail Group buys local supermarket chain Paterson
The country’s leading grocery retailer X5 Retail Group has bought local supermarket chain Paterson, which has 82 stores in Moscow, St Petersburg and other cities.X5 Group will pay $189.5 m (£103m) in cash for Paterson’s equity and assume $85m (£46m) of debt, to be financed by operating cash flow. It ...
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NewsNatuzzi accused in price-fixing case
Upmarket furniture retailer Natuzzi has denied involvement in alleged price fixing, for which it has been reported to the Office of Fair Trading.
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NewsDixons tones down second leg of ad push
Electricals market leader DSGi has launched the second phase of its irreverent ad campaign for its online business Dixons.co.uk.
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AnalysisInside the box: Christmas adverts
A couple of retailers stand out for their originality in this year’s crop of festive ads, but too many of them lack impact, Saatchi & Saatchi’s Richard Huntington tells Joanna Perry.
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NewsClintons set for Christmas after Halloween bonanza
Analysts are “cautiously optimistic” for Clinton Cards’ crucial Christmas trading period after the greeting cards retailer revealed solid trading in recent weeks.
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NewsBRC poised to restart battle against upward-only rents
The British Retail Consortium (BRC) is braced to launch a campaign to ban upward-only rent reviews if its members demand it, after the Irish government scrapped the reviews this week.
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NewsSports Direct ahead in flat week for retail
He might be better known for his experience as a policeman than as a City grandee, but Sports Direct’s appointment of former West Yorkshire chief constable Keith Hellawell as chairman led to it being the biggest riser among the retail stocks last week.
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NewsAlexon turnaround plan bears fruit
Slowing like-for-like sales declines at Alexon have given analysts cause for optimism for 2010.
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News
Metro Group dismissed all the top management at the Greek arm of its Makro Cash & Carry subsidiary
Metro Group has dismissed all the top management at the Greek arm of its Makro Cash & Carry subsidiary during an examination into administrative irregularities, according to the German retail press.Country manager Anastasios Michaelidis, non-food director Jan Casander and finance director Fotis Kalogeropoulos have left the company before completion of ...