All articles by Nicola Harrison – Page 108
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NewsSimon Fox optimistic despite Waterstone’s sales hit
Entertainment retailer HMV boss Simon Fox has insisted there is room on the high street for a specialist book store despite its Waterstone’s chain revealing declining sales and its rival Borders UK looking set to be wound down.
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NewsFocus reshuffles its management team
Focus DIY has made a series of senior management changes, which include promoting its chief operating officer Rob Gladwin to the position of managing director.
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NewsKingfisher appoints former global Ikea boss as non exec
Ikea’s former global chief executive Anders Dahlvig is to join DIY giant Kingfisher as a non-executive director.
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NewsScottish retail sales record worst decline in six months
Scottish retail sales fell 0.6% on a like-for-like basis in November, the worst decline since May.
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News
HMV makes move into music festivals
HMV has made a move in to music festivals with its joint venture partner Mama Group as the entertainment retailer seeks to further diversify its offer in the face of dwindling music sales.
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NewsKesa records better-than-expected first half
Electricals retailer Kesa’s has revealed a better-than-expected first half, with adjusted group pre-tax profit jumping 37% to £14.9m in the six months to October 31.
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NewsBorders to shut shops next week unless buyer is found
Borders UK is to shut all its stores on December 22 unless a buyer for the business is found.
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NewsDunelm founder transfers 10% stake
Dunelm founder Bill Adderley has offloaded more shares in the family-run business, transferring around a 10% share of the retailer to his son and Dunelm chief executive Will.
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NewsCarpetright notches up best half-year performance in five years
Carpetright pre-tax profit grew 15.8% to £11m in the 26 weeks to October 31 as the domestic arm clocked up it strongest half year performance since 2004.
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NewsSpecsavers profit edges up 3%
The UK’s largest opticians Specsavers pre-tax profits rose 3% to £26.5m in the year to February 2008.
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NewsHobbyCraft to be put up for sale
Arts and crafts retailer HobbyCraft is to be sold for £70m after it appointed Grant Thornton to consider its strategic options.
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NewsHabitat sold to Hilco
Habitat has been sold to Hilco in a deal that will see chief executive Mark Saunders remain in his position.
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NewsTesco launches iPhone with £20 monthly contract
Tesco is to sell the Apple iPhone with a £20 monthly contract in time for Christmas, in a move that could spark a price war on the high street.
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NewsHMV confident about Christmas as losses narrow
Entertainment retailer HMV made a first half pre-tax loss of £24.9m, compared with £27.5m last year, after a “weak” performance at Waterstone’s.
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NewsPaperchase eyes 200 stores despite Borders collapse
Paperchase has insisted it will remain largely unaffected by the administration of Borders UK despite operating 38 concessions in the collapsed chain.
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NewsUS fashion giant Forever 21 in Westfield Stratford store talks
US fashion giant Forever 21 is on the verge of signing its first deal for a UK store in Westfield Stratford as it unveils its intentions to build a major European presence.
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NewsSoaring B&Q UK and Ireland profit helps propel Kingfisher
Kingfisher’s group retail profit soared 28.3% to £227m in its third quarter, helped by strong performances in the UK and Ireland, and Poland.
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AnalysisGerry Johnson is determined to ensure that Waterstone's has a future
Waterstone’s affable managing director has had a hard time but is dedicated to ensuring that high street bookselling’s ‘last man standing’ has a future. Nicola Harrison profiles him.
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News‘Son of Zavvi’ Head Entertainment starts closing down Sales
Head, the entertainment chain set up by the boss of defunct music retailer Zavvi, is understood to be closing its four stores less than a year after opening.
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NewsBoots celebrates 160th anniversary
Alliance Boots has reiterated its ambitions to become a global brand as the health and beauty retailer celebrates its 160th anniversary.