All articles by Nicola Harrison – Page 101
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NewsJessops to tear down the counters in refurb
Camera specialist Jessops vowed to focus back on customer service as it revealed a “single digit” like-for-like sales improvement in the calendar year to date.
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Sale of Poundland will speed up moves to expand overseas
Poundland is edging closer to an overseas debut under its new owner, US private equity firm Warburg Pincus, which bought the retailer for £200m.
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NewsGoogle to launch ebook store
Google will go head-to-head with Amazon and Apple this year when it launches an ebook service.
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NewsWestfield London targeted by gang of robbers
Westfield London has been targeted by a gang of robbers who stole hundreds of thousands of pounds worth of jewellery.
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NewsShop price inflation rises to 2% in April
Shop price inflation rose to 2% in April, up from the 1.2% recorded in March.
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NewsWestfield Stratford signs raft of retailers
Westfield has said it has made “excellent progress” at its Stratford shopping centre, with a raft of signings including Primark, Topshop and H&M.
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NewsRough Trade sales surge
Independent music retailer Rough Trade has revealed a sales surge of 17.5% in the 52 weeks to March 31 as it lays out plans for more stores.
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NewsUK remains international retailers’ favourite
The UK has retained its position as the most attractive market for international retailers to expand into as the growth in retail expansion has slowed amid the economic crisis.
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NewsFashion boosts John Lewis sales while Waitrose sparkles in the sun
John Lewis sales rose a “healthy” 11.4% in the week to April 24, as its sister chain Waitrose achieved its highest sales growth of the year.
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NewsLord Kirkham upbeat after ‘bittersweet’ DFS exit
DFS founder Lord Kirkham has described the sale of his sofa chain to private equity firm Advent as “bittersweet” but vowed that the business would do “more of the same but at a much faster rate”.
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NewsArgos aims to fend off supermarket competition with store revamps
Argos is to embark on a £70m makeover of its stores for the first time in a decade as it fights off stiff competition from the supermarkets.
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NewsWHSmith shines despite ash cloud dampening sentiment
WHSmith’s group pre-tax profit edged up 2% to £62m in its first half but despite beating analyst expectations, upgrades were dampened by the retailer’s airport stores being closed during the volcanic ash crisis.
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NewsBest Buy promises opening weekend bonanza
US electricals giant Best Buy opens its doors to the public for the first time on Friday and will mark the occasion with four days of activities over the May Bank Holiday weekend.
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NewsSainsbury’s revamps tills to reduce queuing times
Sainsbury’s has invested in “cutting edge” technology to improve its self-service and manned tills, which it said will reduce customer queuing time by 500,000 hours a year.
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NewsHobbyCraft sold to Bridgepoint Capital
HobbyCraft has been sold in a management buyout backed by private equity firm Bridgepoint Capital, as predicted by Retail Week last week.
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NewsCarpetright sales below expectations as it warns of tough year ahead
Carpetright like-for-likes in the UK & Ireland rose 1.5% in the 12 weeks to April 24, which was below internal expectations.
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NewsArgos among retailers ordered to pay £20m over ‘toxic sofas’
Retailers including Argos have been ordered to pay £20m to 2,000 people who suffered from chemical burns found in anti-fungal agents in sofas.
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NewsCarphone Warehouse bullish ahead of Best Buy opening
Carphone Warehouse Group has reported like for like sales up 3% in its European business in its fourth quarter, as the group gears up to open its first Best Buy store in the UK this Friday.
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NewsBill Grimsey to become Focus chair
Focus chief executive Bill Grimsey is to become chairman at the DIY chain with managing director Rob Gladwin taking over as chief executive.
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NewsForever 21 on track for UK debut in Birmingham
US fashion giant Forever 21 has signed its second deal for a UK store in Birmingham’s Bullring shopping centre, which is likely to be its first to open here.