All Retail Week articles in March 20, 2009 – Page 4
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OpinionIn defence of the landlord
I always like to be controversial, so in my first column I thought I would speak up for retailers’ public enemy number one – the landlord. Landlords are probably viewed with the same disdain as the newly disgraced bankers.
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News
Home Retail profits hold up but outlook tough
Home Retail Group surprised the City with better than expected sales at flagship business Argos, but reported gross margins on the slide and a difficult outlook.
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News
Retail stocks pick up in line with market
Retailers were popular as the market rose generally. Value opportunities, defensive stocks and riskier turnaround situations were all in vogue – only nine main market-listed store groups lost value over the week.
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News
Website of the week: remix.bestbuy.com
Best Buy may be delaying its UK debut, but it got a lot of attention this week when it formally launched Best Buy Remix, a long-promised service that lets third-party web developers create new ways of displaying the retailer’s product catalogue online.
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Analysis
No time to stand still
Rising voids and falling tenant numbers have pushed the balance of power on retail parks in favour of the retailer, so landlords need to make their schemes work harder. Liz Morrell reports.
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News
Robert Dyas appoints turnaround specialist
Hardware retailer Robert Dyas has appointed a turnaround specialist, fueling further speculation about the chain's financial stability.
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News
Kaupthing takes stake in Mulberry
Kaupthing Bank Luxembourg, a subsidiary of the Icelandic bank, is understood to have bought retail entrepreneur Kevin Stanford’s stake in Mulberry.
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News
John Lewis Partnership sales pick up
Sales at department store John Lewis in the week to March 14 dropped 4.1 per cent to 45.1m.
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AnalysisJustin King: Making life taste better for everyone
Sainsbury’s chief executive Justin King talks exclusively to Jennifer Creevy about defying critics and the grocer’s ‘universal appeal’.
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NewsCredit insurance fury reaches boiling point
Retailers are turning the heat up on the Government to intervene in the credit insurance crisis.
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News
Harvey Nichols profits slide as downturn hits wealthy
Despite difficult trading conditions, Harvey Nichols chief executive Joseph Wan sees opportunities to take advantage.
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News
Asda clinics to save £2m on staff absence
Asda expects to net 2m of cost savings this year by cutting absentee levels when it rolls out in-store occupational health clinics.
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News
Morrisons to relaunch 500 lines to up stakes in non-food
Morrisons is to relaunch 500 of its home and leisure lines in the second quarter as it seeks to make its non-food range work harder.
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News
Tesco reshuffles non-food team as new chief arrives
Tesco has reshaped its non-food team as former Sainsbury’s general merchandise chief Richard Jones takes up his post at the retailer.
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News
Undervalued retailers on Micky Jagtiani’s radar
Debenhams shareholder and boss of Dubai-based Landmark Group Micky Jagtiani has said that he sees opportunities to invest in under-valued retailers.
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News
John Lewis rejigs home as it drives fashion sales
John Lewis buying director for home Maureen Dunn has left the department store group.
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News
Marks & Spencer launches web video channel to tap rising online spend
Marks & Spencer has ramped up its multichannel offer with the launch of an online TV channel.
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News
Robert Dyas calls for landlords to cut rents
Hardware retailer Robert Dyas has asked its landlords for rent reductions as it seeks to cut costs across its store portfolio.
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News
River Island makes website interactive
River Island has relaunched its Style Insider website with additional social networking elements that allows customers to share their own style ideas.
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News
Floors-2-Go reins in expansion plans
Floors-2-Go has scaled back its expansion plans as it takes a cautious approach to store openings amid the downturn.