All articles by Nicola Harrison – Page 131
-
News
Woolworths' biggest shareholder criticises closure
Woolworths’ largest shareholder has branded yesterday’s closure of the chain as “unnecessary” and lambasted the retailer’s management and administrator Deloitte for allowing it to fail.
-
News
Woolworths closes final stores
Woolworths will bring down the shutters for the last time on January 6 as the final group of stores close.
-
News
EBTM issues profit warning and considers disposal of group
EBTM, the music-inspired online fashion retailer, has issued a profit warning for the year to April 2009, and is considering a disposal of all or part of the group as it suffers in the downturn.
-
News
Dunelm gains market share while like-for-likes drop
Homewares retailer Dunelm has revealed its like-for-likes dropped 5.6 per cent in the 26 weeks to December 27, 2008, and said it is in “very robust shape” to weather the downturn.
-
News
Marks and Spencer 'to cut 1,000 jobs'
Marks & Spencer is to shed nearly 1,000 employees in stores and several hundred at head office and support functions after disastrous Christmas trading, according to a national newspaper.
-
News
Retail rents fall for first time in 15 years
Retail rents fell for the first time in 15 years in 2008 and are not expected to return to growth until 2013.
-
News
Liberty reveals robust trading update for 2008
Iconic London department store Liberty has revealed that sales for the first 10 months of 2008 were ahead of comparative trading levels.
-
News
Woolworths' lenders to rake in cash after retailer's collapse
Woolworths’ lenders are in line to receive millions of pounds in fees following the collapse of the retailer.
-
News
Shoppers flock to high street in search of last-minute bargains
Retailers can at last enjoy some festive cheer as figures show high street footfall climbed 13.6 per cent on Monday as shoppers flooded the high street to take advantage of discounts.
-
News
Cash-strapped consumers stop donating clothes to Oxfam
Oxfam has rejected claims that charity shops boom in a recession as it has been hit by cash-strapped consumers unwilling to donate their clothes.
-
News
Retailers' pre-Christmas Sales to hit new record
Retailers will embark on the biggest ever pre-Christmas Sales drive from now until Christmas Eve in a last-ditch attempt to lure shoppers onto the high street.
-
News
B&Q marketing director steps down amid board shake-up
B&Q marketing director Jo Kenrick is leaving at the end of this month as part of a restructure of the board.
-
News
Hundreds of retailers poised to collapse next year
Hundreds of retailers will hit the buffers next year as the recession kicks in, according to a retail insolvency expert.
-
News
MFI customers to get refund as all stores close
MFI customers with outstanding orders will get their money back after all stores were closed down on Friday.
-
News
HobbyCraft profits climb
Arts and crafts retailer HobbyCraft has revealed its pre-tax profits climbed 10 per cent to 3.2 million in the year to February 24, 2008, while its profits for this year are “well ahead of forecast”.
-
Analysis
Consumer behaviour: A new era of frugal living
Asda’s Andy Bond is convinced shopper habits are changing permanently as recession sets in. Nicola Harrison investigates how the new frugality is affecting retail and asks if it is here to stay.
-
News
Furniture clearance player cashes in on sector gloom
Furniture clearance retailer Trade Secret has reported strong sales as shoppers seek to rein in spend and seek out bargains.
-
News
John Lewis sales continue to rise
John Lewis said its sales have continued to gain momentum in the run-up to Christmas as it revealed its top sellers in the trading days from Sunday December 14 to Wednesday December 17.
-
News
Monthly rents demand as Carpetright struggles
Carpetright has revealed to Retail Week that it will only take on new stores from landlords that offer monthly rents.
-
News
Strategic Retail chief rescues raft of stores
More than half of Strategic Retail’s stores have been bought out of administration by a non-executive director of the company.