All articles by Nicola Harrison – Page 85
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NewsScottish Parliament committee raises questions over planned levy on large retailers
The Scottish government is again being urged to reconsider its proposed levy on large retailers, as a report by the Scottish Parliament’s Finance Committee questions how the policy will support town centre retailing.
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NewsSecond management buyout could save troubled British Bookshops and Stationers
Collapsed chain British Bookshops and Stationers could be revived under its existing management, which is understood to be attempting a second management buyout within a year.
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NewsCredit insurers vow not to pull plug on retailers
Insurers insist there won’t be a repeat of the withdrawal of cover despite HMV’s woes
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AnalysisJim Hodkinson
The retail veteran will be able to call on decades of experience as he takes on his latest challenge at Floors-2-Go.
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NewsThe Book Depository reveals strong first half
Online bookseller The Book Depository has revealed a 70% surge in sales to £60m in the six months to December 31.
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NewsAsos sales up 59%
Fashion etailer Asos’ retail sales jumped 59% to £100m in the 3 months to December 31.
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NewsHMV credit insurance under review
UPDATED: HMV Group has confirmed that credit insurers are reviewing the level of cover they provide to the retailer.
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NewsJessops Christmas like-for-likes up 3%
Camera specialist Jessops like-for-likes grew 3% over Christmas as “choice and service” helped grow sales.
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NewsWest End retail sales up 3.8% in December
Retail like-for-like sales in London’s West End increased 3.8% year-on-year in December, as post-Christmas Sales pulled in shoppers.
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NewsIkea group profits rise 6%
Furniture giant Ikea has revealed full year net profit growth of 6.1% to €2.7bn.
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NewsJohn Lewis sales up 39% ahead of VAT increase
John Lewis sales soared 38.7% to £74.7m in the week to January 8, making it the largest weekly increase this financial year.
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NewsHodkinson joins Floors-2-Go
Floorings specialist wins £3.25m cash injection and hires sector veteran as it guns for growth
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News
A third of Woolworths stores still vacant two years after closure
A third of Woolworths’ 800 former stores still lie empty two years after the shutters came down, and experts believe that they are likely to remain vacant because of their locations.
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AnalysisHow many stores does a retailer need?
Could HMV’s decision to downsize signal a more general trend for retailers to slim down their property portfolios, asks Nicola Harrison
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NewsDreams founder Mike Clare sets up new furniture venture
Entrepreneur Mike Clare, who founded beds giant Dreams, has set up a new mid-to-high-end furniture retailer.
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NewsHMV begins staff consultation across group
HMV and Waterstone’s head office staff are in consultation as parent HMV Group strives to make cost savings across the business.
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NewsFortnum & Mason reveals record Christmas
Luxury department store Fortnum & Mason has notched up a record Christmas despite, it said, the snow, tube strikes and student riots in central London.
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NewsSuperGroup Christmas sales soar
SuperGroup, the owner of fashion chain Superdry, has revealed a bumper Christmas, with retail sales surging 93.6% to £51.7m.
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NewsRussian oligarch Mamut increases his stake in HMV
Russian oligarch Alexander Mamut has increased his stake in HMV again, to more than 6%.
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NewsShop price inflation rises to 2.1% in December
Shop price inflation rose to 2.1% in December, up from 2% in November, as rising costs pushed prices up.