More on Me + Em – Page 2767
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NewsMarks & Spencer second quarter beats expectations
Marks & Spencer delivered a better than expected second quarter performance, as UK like-for-like sales declined by just 0.5%, continuing the improving trend seen over the last three quarters.
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NewsBlacks Leisure to close 89 stores
Blacks Leisure is to shut 89 of its loss-making stores and cut jobs at its head office as part of a restructuring.
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NewsCBI survey finds September retail sales flat
Retail sales were broadly flat in the year to September and are expected to remain unchanged in October, according to the CBI Distributive Trades Survey.
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Pawnbroker Albermarle & Bond thrives in the recession
Pawnbroker Albermarle & Bond said it plans to open new stores and add new services after it reported a 42% rise in full-year profit, lifted by a new gold purchasing service and strong sales.
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OpinionD-day for retailers
However much changes in the retail property market, the rent quarterday remains a key point in the calendar.
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NewsAlcohol minimum price ‘would slash grocery bills’
Scrapping cut-price supermarket alcohol would mean families paying less for their groceries, according to a report in the the journal Clinical Medicine.
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NewsJessops completes debt for equity swap to ensure survival
The UK’s largest camera specialist Jessops has unveiled a survival deal which secures 2,000 jobs but leaves its bank owning almost half of the retailer.
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NewsMoss Bros reports £3m loss
Moss Bros has reported first-half pre-tax losses of £3m compared with a £2.2m loss for the same period last year.
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News
Payouts for some Farepak victims
Some customers of the collapsed Christmas saving club Farepak are beginning to be paid, three years after the company went into liquidation.
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NewsTesco ‘in talks to sell £400m property portfolio’
Tesco is reportedly in talks to sell a £400m portfolio of properties to a newly formed investment company seeking to take advantage of the opportunities of the recent falls in the value of UK commercial property.
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NewsLaura Ashley finance chief quits
Laura Ashley has said its chief financial officer and company secretary is to resign from the furniture and homeware retailer for personal reasons.
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NewsRetailers to be hit by local car park tax
Retailers may be forced to pass on a new “shopping tax” to customers under new plans by local authorities to charge for parking spaces.
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NewsJacques Vert confident profits will beat expectations
Womenswear retailer Jacques Vert has revealed a 0.8% fall in like-for-like sales for the 22 weeks since the beginning of April, but expects increased pre-tax profits for the full year.
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OpinionThinking local, acting local
In a previous life, as a fashion buyer, an older and much-lauded colleague was prone to observing: “You never did nothing wrong by buying black.” The same, it would appear, applies to much of store design.
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NewsBlacks considers CVA
Blacks Leisure is planning a company voluntary arrangement in order to secure its future.
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NewsGap co-founder Don Fisher dies
Don Fisher who along with his wife founded Gap in 1969, died yesterday aged 81 after a long battle with cancer.
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NewsH&M signs Sonia Rykiel collections
Swedish clothing chain H&M has signed French fashion veteran Sonia Rykiel to design a range of lingerie and related accessories, to be launched in December.
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NewsNew Look mulls float
New Look, the fashion chain owned by two private-equity companies Apax and Permira, is reportedly considering a £1.7bn stock-market flotation.
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NewsKesa appoints new finance director
Comet owner Kesa has appointed Dominic Platt as it finance director.
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NewsJJB Sports spent £3.7m with directors’ companies
JJB Sports spent £3.7m in the past 18 months on goods and services from companies linked to its own directors.