All articles by Nicola Harrison – Page 75
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NewsCSL sales up as it plots South East expansion
Sofa retailer Csl has reported like-for-like sales growth of 6% in the nine weeks to June 26 amid a punishing big ticket trading environment.
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NewsBrightHouse EBITDA jumps despite economic gloom
Rent to buy electricals and furniture retailer BrightHouse has defied the economic gloom by posting a 16.4% rise in underlying EBITDA to £39.7m in the year to March 31.
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NewsDreams grows market share but profits drop
With turnover up to £300m, the beds specialist has grown its market share
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AnalysisHome is where the hurt is
With the high-profile collapse of Habitat and a struggling big-ticket market, what does the future hold for home specialists? Nicola Harrison reports
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NewsJane Norman store closure list revealed
The 33 stores that will close as a result of Jane Norman’s administration have been revealed.
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NewsTJ Hughes in administration: potential buyers circle
Discount department store group TJ Hughes collapsed into administration this morning, Retail Week has learned.
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NewsConsumers starting to ration as cost of living rises, says Asda
Consumers are suffering from a “toxic mix” of “facts and fear” about household incomes, eurozone debts and rising prices, according to Asda chief finance officer Judith McKenna.
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NewsWaterstone's operations and commercial directors exit
Bookseller Waterstone’s has revealed that commercial director Michael Neil and operations director Roger Childs will be leaving the business with immediate effect.
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NewsCarpetright profits slump in the face of weak consumer demand
Floorings giant Carpetright has suffered a 40% plummet in underlying pre tax profit to £16.9m as weak consumer confidence hit the retailer.
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NewsTJ Hughes puts administrators on standby
TJ Hughes has today filed an intention to appoint an administrator, making it the fourth retailer within a week to call in the administrators, Retail Week can reveal.
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NewsVAT rise floated at furniture crisis summit
Retailers have hit out after the prospect of a further rise in VAT was floated at a crisis meeting last week between furniture retailers, the Department for Business and the Bank of England.
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NewsConran and Radice to launch new department store concept
Furniture and homewares guru Sir Terence Conran and former Selfridges supremo Vittorio Radice are to work together on a project to develop a new department store concept.
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NewsRobert Dyas hires Stephen McVey as chief executive
Hardware and homewares retailer Robert Dyas has appointed Stephen McVey as chief executive, Retail Week can reveal.
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NewsClinton Cards mulls management buyout
Clinton Cards management has approached City banks with a plan to buy the company from the Stock Exchange.
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NewsHome Retail confirms Habitat deal, but rest of UK business enters administration
Home Retail Group has confirmed that it has bought some parts of Habitat UK for £24.5m, but the rest of the business has entered administration.
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NewsRetail sales slip as consumers feel the pinch
Retail sales slipped in recent weeks, marking the first time in a year when sales have not shown growth.
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NewsArgos owner in talks to buy Habitat
Home Retail Group, owner of Argos and Homebase, is understood to be in talks to buy parts of the UK operation of Habitat in a deal worth £20m-£30m.
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NewsHomeform unites its brands for Sale push
Kitchens, bedrooms and bathrooms group Homeform is launching a new ad campaign uniting its three brands for the first time.
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NewsLoss-making Comet to close 17 stores
Electricals retailer Kesa said Comet slumped into the red in the year to April 30, making a loss of £8.9m compared with retail profit of £11.5m the year before.
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NewsMoss Bros like-for-likes up 13.4% as it disposes of Cecil Gee
Menswear retailer Moss Bros like-for-likes surged 13.4% in the 20 weeks to June 18.