All articles by Nicola Harrison – Page 84
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NewsWaterstone's to close 11 shops
Waterstone’s will close 11 stores as part of parent HMV’s plan to shed 60 stores across the group this year.
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NewsHMV begins closing stores
HMV has shut nine shops as part of its plans to close 60 across the group as it seeks to cut costs.
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NewsAmazon ebooks outsell paperbacks
US etail giant Amazon has revealed that sales of ebooks have overtaken those of paperback physical books for the first time.
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NewsHomestyle profits drop 19% but Reid acquisition boosts turnover
Homestyle, the furniture retailer that operates chains including Harveys and Bensons for Beds, has revealed a 19% fall in profits in the year to June 26, while turnover increased.
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NewsPoundworld to roll out multi-price store format
Single price point retailer Poundworld is to roll out it multi-price format, Discount UK, as it opens its second store in Stevenage.
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NewsHamleys up for sale
Frozen food chain Iceland also up for sale as Landsbanki sells off assets as part of winding up process
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NewsWHSmith sales slip over key period but margin improves
Bookseller and stationer WHSmith pleased analysts with improved margin despite a worse-than-expected sales decline during the peak period.
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News84% of retailers will pass on VAT rise in full
More than eight out of 10 retailers plan to pass on in full the VAT rise that came in to effect on January 4.
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NewsWH Smith AGM blow
WH Smith suffered a blow at its AGM yesterday when nearly a third of its shareholders who voted refused to back the remuneration report.
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NewsHabitat to exit Regent Street store
Habitat is closing its Regent Street store in Central London because it “no longer fits” with the retailer’s strategy.
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NewsBritish Bookshops & Stationers attracts offers as bid deadline expires
The deadline for bids for British Bookshops and Stationers, which collapsed earlier this month, expired yesterday (Tuesday).
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NewsWH Smith like-for-likes fall 5%
WH Smith group like-for-likes dropped 5% in the 21 weeks to January 22.
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NewsScottish Parliament advised by committee to scrap planned levy on large retailers
Retailers are unlikely to have to pay extra tax on larger stores in Scotland after the Local Government and Communities Committee of the Scottish Parliament voted in favour of annulling the proposed Large Retailer Levy.
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Wolverhampton shopping centre plans to be scrapped
Plans to build a £300m shopping centre in Wolverhampton look likely to be scrapped after a report for the council found that the financial risks of investing public money in the scheme are too great.
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NewsFoyles to open first shop outside London in 70 years
Bookseller Foyles is to open its first shop outside London for 70 years, in Bristol’s Cabot Circus.
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NewsLondon, Glasgow and Manchester best for town centre shopping
London, Glasgow, and Manchester offer the best town centre shopping experience, according to research from retail consultancy Verdict.
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NewsHMV shareholder backs management
One of HMV’s largest shareholders has defended the management of the embattled entertainment retailer after a difficult month of profit warnings and reduction of credit insurance.
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NewsIan Cheshire to be drafted into Government
Ian Cheshire, chief executive of B&Q-owner Kingfisher, is expected to be drafted into the Department of Work and Pensions as a lead non-executive director.
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NewsBritish Bookshops & Stationers axes 40 staff
British Bookshops & Stationers, the book chain that collapsed last week, has made 40 redundancies as it gears up for a Sale this weekend.
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NewsFood sales suffer worst December on record
Food sales by volume declined 3.4% in December, the lowest on record since the index began in 1988.