All articles by Nicola Harrison – Page 76
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NewsGame sales decline prompts downgrades from analysts
Analysts slashed profit forecasts for Game this week as the retailer downgraded its revenue guidance in the face of a worse-than-expected decline in the games market
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NewsKingfisher targets aspirational shoppers with Polish revamp
Kingfisher is revamping its Polish business to focus on higher-margin, aspirational products as the DIY group ramps up its own-brand offer in the country.
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NewsScottish retail sales worst since 1999
Scottish total retail sales declined 1.1% in May, making it the worst decline since the survey began in 1999.
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NewsGame sales decline prompts downgrades from analysts
Game group like-for-likes dropped 11.3% in the 19 weeks to June 11 as the retailer was hit by a worse than expected decline in the games market.
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NewsGame appoints new boss of UK and northern Europe
Game has hired Tom Devine as regional managing director of the UK and northern Europe.
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NewsSir Terry Leahy invests £2m in supply chain tech firm
Sir Terry Leahy has invested £2m of his fortune into a British software company he believes could transform retailers’ supply chains.
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NewsMajestic Wines profits surge 27%
Majestic Wines group pretax profits surged 26.6% to £20.3m in the 52 weeks to March 28.
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News99p Stores profit rockets as it lays out international plans
99p Stores’ pre-tax profit has rocketed from £1.8m to £6.3m in the year to January 31 as the single price point value chain maps out plans for European expansion.
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AnalysisThe bicycles market
Bike retailers are beating the recession as people try to get healthy and petrol costs soar. And the success isn’t limited to the big names
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NewsHMV chief says music chain still has a future as a high street store
HMV chief executive Simon Fox has ruled out any store closures at the entertainment chain after it secured a life-saving loan agreement with itslenders.
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NewsDelay to Focus transfers frustrates Ian Cheshire
Kingfisher boss Ian Cheshire has hit out against competition laws that he says are preventing the DIY group from transferring staff who work at the Focus DIY stores it has acquired.
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NewsBRC's Luke Mayhew to slam criticism of large retailers
The British Retail Consortium chairman Luke Mayhew will condemn criticism of successful multiple retailers as “ridiculous” in a speech today.
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NewsNew Look profits hit by "significant internal disruption"
Fashion chain New Look underlying operating profit slumped from £162.7m to £98m in the year to March 26 as the retailer suffered from “significant internal disruption”.
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NewsTony Shiret made redundant by Credit Suisse
Tony Shiret, the highly regarded analyst and vocal critic of Marks & Spencer under the leadership of Sir Stuart Rose, has left Credit Suisse after 18 years with the bank.
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NewsHomebase owner in licensing talks with Habitat
Home Retail has held talks with Habitat owner Hilco about licensing the furniture brand within its DIY chain Homebase.
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NewsHMV close to securing £210m refinancing deal
Embattled entertainment retailer HMV is thought to be close to securing a refinancing deal to ensure its future.
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NewsAmazon and eBay most visited websites in UK
Amazon and Ebay are the most visited websites by UK consumers with Tesco coming top of the bricks and mortar retailers.
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NewsHobbyCraft ups sales with sharper pricing
HobbyCraft’s new chief executive Catriona Marshall has turned around a sales decline at the arts and crafts retailer by realigning its pricing stance.
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NewsCarpetright UK MD stands down amid board reshuffle
Floorings giant Carpetright has restructured its board, appointing Andrew Corden to the board as operations director for Europe as Christian Sollesse, managing director of UK & Ireland, steps down.
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NewsLord Myners questions Cameron's appointment of Portas
Doubts are growing over David Cameron’s decision to appoint TV star Mary Portas as his new retail advisor.