All articles by Mark Faithfull – Page 10
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News
Theo Fennell profits up
Upscale jeweller Theo Fennell pledged further international expansion, plans for a new Bond Street store and product extensions as it announced a profits increase for the last financial year.
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News
Shoppers to spend less in summer Sales
UK shoppers will spend an average of 305.90 each in the summer Sales this year, but just 8 per cent will spend more than they did last summer, according to research by Sainsbury’s Finance.
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News
Uniqlo unveils UT Gallery spin-off in East End
Japanese fashion retailer Uniqlo has opened a pop-up shop off east London’s Brick Lane, called UT Gallery.
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Soaring food prices drive retail inflation
Annual retail prices rose 1.2 per cent last month fuelled by a surge in year-on-year food prices of 4.7 per cent, up from annual inflation of 4.1 per cent the previous month, according to figures released by the British Retail Consortium (BRC) today.
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News
Mandarina Duck sold to Italian leather retailer
Italian leather goods retailer Antichi Pelletieri is to buy Bologna-based Mandarina Duck parent Finduck Group for €36.9 million ( 29.2 million) and press ahead with an emerging markets expansion plan.
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News
Argos to launch flatpack houses
General merchandise retailer Argos is launching a range of self-assembly log cabins with price points from as low as 11,000.
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News
US retailers lure consumers as first tax rebates come in
Many of the US’s biggest retailers are offering promotional incentives for customers to trade in tax rebate cheques, as the first payments from President Bush’s US$100 billion ( 50.21 billion) tax giveaway arrived in bank accounts and through the post on Monday.
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News
Grocery bucks consumer spending slowdown
The latest TNS Worldpanel grocery market share figures published today, for the 12 weeks to April 20, showed that the grocery sector achieved 6 per cent sales growth year on year.
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News
Retailers report falling volumes
Retail sales fell markedly year on year in April, as poor weather and the early Easter added to the economic slowdown, according to the CBI today.
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News
Price-fixing probe hits 100 brands
Some of the UK’s best-known consumer brands face a probe over allegations into price-fixing, as the Office of Fair Trading (OFT) steps up its wide-ranging investigation into the grocery sector.
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News
Baugur focuses on e-commerce growth
E-commerce is a key strategic focus for the Baugur group of companies as it looks to build sales across its portfolio, said executive chairman J n sgeir J hannesson at the World Retail Congress this afternoon.
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Analysis
Boxing clever
In a difficult market and with big-box units falling out of favour, retail parks are having to find new and innovative ways to operate to maintain investment values. Mark Faithfull looks at how landlords are facing up to some tough decisions
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News
Gap makes profit comeback as leading US retailers falter
Gap has posted a fourth-quarter profit rise for the first time in three years and forecast further gains after it increased full-price clothing sales in the holiday season.
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Analysis
Talent drought
Retailers are facing an IT meltdown as the number of people training in relevant technology courses drops. Mark Faithfull asks what is being done to help
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AnalysisRetail parks innovate as DIY stores slow expansion
As the UK’s DIY big-boxers slow expansion plans, downsize and even consider closing stores, landlords need to take innovative action to revive their parks, says Mark Faithfull
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AnalysisGrowing pains
Retail parks have evolved in a way that few could have envisaged five years ago. But is the rise of powerful fashion offers and comfortable coffee houses enough to gloss over deeper issues for some schemes? Mark Faithfull reports