All articles by Nicola Harrison – Page 126
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News
Carphone Warehouse sells South African call centre subsidiary
Carphone Warehouse has completed the sale of its South African call centre subsidiary The Phone House.
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DSGi to roll out new store formats
DSGi has revealed its store transformation programme is performing ahead of expectations and will roll out the new formats over the next 12 months.
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Analyst lambasts Sir Stuart Rose for making 'no financial progress' at M&S
Marks & Spencer must change its strategy in a “fundamental way”, close its Simply Food stores and open a new chain to attract young consumers if it is to thrive, a leading retail analyst has said.
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Smallbone suspends shares as it begins strategic review
Upmarket furniture retailer Smallbone has suspended its shares as it launches a strategic review of the business amid torrid trading conditions.
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280 Comet staff in consultation
Electricals retailer Comet has begun a consultation with 280 of its office-based staff as it consolidates its head office functions and closes four of its 18 service centres.
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Zavvi website relaunched as rights sold by administrator
Zavvi’s website has been relaunched today and is selling sportswear, lingerie and perfume alongside the entertainment items traditionally associated with the now defunct retailer.
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Oddbins suffers after collapse of wine supplier
High street off-licence Oddbins is suffering from a shortage of wine after French customs officials impounded stock following the collapse of its shipping company.
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Waterford Wedgwood bought by US private equity firm KPS
Waterford Wedgwood’s UK and Irish business has been sold to US private equity firm KPS.
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Toy retailers lap up Woolworths' market share
Specialist toy retailers’ sales have surged since the demise of Woolworths enabled them to seize market share.
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Wickes chief warns ‘there isn’t room’ for DIY big four
One of the biggest DIY retailers has warned that the sector is not big enough for the existing four big hitters to survive the recession and has raised the prospect of a price war.
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'Son of Zavvi' will only be taking short leases
Head, the entertainment retailer launched by the former boss of defunct Zavvi, has only taken short-term leases on stores bought from the administrator, raising questions over its long-term plans.
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NewsPlay.com expects to grow share despite market woes
Entertainment e-tailer Play.com expects to continue to increase its market share for at least the next five years, despite facing tougher comparatives.
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Lowe’s and Home Depot hit as consumer downturn bites
The steep fall in consumer spending battered fourth-quarter profits at Home Depot and Lowe’s, the world’s two biggest home improvement retailers.
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Kingfisher expected to ride out downturn
DIY giant Kingfisher is expected to emerge stronger from the downturn, but weakening performances in some international markets have prompted City caution about short-term prospects.
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Habitat confirms move into Middle East and Russia
Habitat has confirmed it is to open stores in the Middle East and Russia this year.
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Borders sheds staff and freezes pay
Bookseller Borders UK is restructuring its head office and implementing a pay freeze as the recession takes its toll on the business.
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HobbyCraft appoints head of marketing
Arts and craft retailer HobbyCraft has appointed Lisa Looker as head of marketing.
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Carrefour stalks Russia's Seventh Continent
French retail giant Carrefour has made a non-binding offer to buy Russian food retailer Seventh Continent.
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Home Depot's profits almost halve
The world’s biggest home improvement retailer, Home Depot, revealed that consolidated profit plunged by nearly 50 per cent last year as it suffered amid the US housing slump.
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Grocers blamed for abandoned trolleys in UK waterways
Grocers have being urged to take more action to prevent supermarket trolleys being abandoned in canals and rivers.