All articles by Nicola Harrison – Page 118
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NewsThreshers sourcing chief exits
Struggling off-licence chain Threshers has suffered another blow after losing its long-serving head of global sourcing Jonathan Butt.
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NewsBritish Bookshops and Stationers puts 600 staff in consultation
British Bookshops and Stationers has put most of its 600-plus shop staff in consultation after making nearly a third of its head office staff redundant last month.
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NewsMr Shoes bought out of administration by previous owners
Footwear retailer Mr Shoes has been bought out of administration by its previous owners.
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NewsVirgin Megastores’ losses revealed
Music chain Virgin Megastores made operating losses of more than £300m, according to documents filed at Companies House.
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NewsJacques Vert makes full-year pre-tax loss of £2.9m
Womenswear retailer Jacques Vert made a full-year pre-tax loss of £2.9m, compared with a profit of £4.3m the year before, after incurring exceptional charges of £4.9m, mostly related to leases.
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NewsSock Shop opens first store since collapse in 2006
Sock Shop is to open its first outlet in the UK after falling into administration three and a half years ago.
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NewsBrightHouse EBITDA jumps 21.5 per cent
Rent-to-own electricals and furniture retailer BrightHouse has defied the economic gloom, revealing a 21.5 per cent hike in EBITDA to £29.4m in its full-year results.
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NewsAllied Carpets to cut jobs as some stores prepare to close
Allied Carpets is to slash hundreds of jobs as early as next week as the retailer starts to close stores, according to reports.
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NewsHamleys picks ex-Baugur chief as chairman after board shake-up
Hamleys has appointed Gunnar Sigurdsson, director of failed Icelandic retail investor and former shareholder Baugur, as chairman.
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NewsShoppers flock to buy Michael Jackson music
Entertainment retailers have reported a surge in sales of Michael Jackson’s albums after the sudden death of the music legend last week.
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NewsWickes and B&Q go head to head in summer TV campaigns
DIY rivals Wickes and B&Q are battling for customer spend with the launch of ad campaigns.
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NewsFurniture Village buys World of Leather name
Furniture Village has bought the World of Leather brand name to bolster its top-end offer.
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AnalysisCarpetright founder Lord Harris of Peckham profiled
In the week of Carpetright’s results its founder admits the market has never been tougher. But he is certain that good retailers will emerge stronger. By Nicola Harrison
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NewsLagging Waterstone’s fails to dampen resurgent HMV
Entertainment group HMV impressed the city with improved profits, despite difficulties at its Waterstone’s books chain.
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NewsVodafone signs Carphone deal after three-year hiatus
Carphone Warehouse is to start selling Vodafone UK contracts in its stores next week after a three-year hiatus.
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NewsTesco ‘considers Northern Rock bid’
Tesco is reported to be considering buying nationalised bank Northern Rock ahead of the next General Election.
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NewsEuropean Union approves state loan for Arcandor
The European Union has given approval for the German state to loan insolvent retailer Arcandor €50m (£43m).
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NewsB&Q launch monthly bonus scheme for store staff
B&Q has launched a £12m monthly bonus scheme for store staff to incentivise its workforce.
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NewsCarpetright profits tumble 72 per cent
Carpetright’s group pre-tax profit has slumped 72 per cent to £16.7m in the 52 weeks to May 2, 2009 as the domestic performance pulled down the group.
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NewsBeales first-half profits slide as outlook remains uncertain
Department store operator Beales has revealed its pre-tax profits fell from £570,000 to £540,000 in the 26 weeks to May 2.