Retail
M&S clothing range hit a ‘purple patch’, says Sir Stuart Rose
(TELEGRAPH) - Like-for-like sales at M&S rose by 5.1pc over its fourth quarter, compared to analysts’ forecasts of a 1.7pc rise. Clothing sales increased by 9.1pc and the chain increased its market share across all main categories.
Food sales rose by 1.8pc, increasing for the sixth consecutive quarter.
The [...]
Mothercare sees surprise sales fall
(TELEGRAPH) - Maternity and babywear retailer Mothercare ended its run of 18 consecutive quarters of like-for-like growth yesterday when it unexpectedly said that UK sales fell over its latest quarter.
The chain – which also owns the Early Learning Centre chain – said that sales over the 11 [...]
The ‘Big 5 Club’ Recognises Franchisees
Signs Express long serving members rewarded for reaching £5m worth of invoiced business
(PRWeb UK) April 1, 2010 — Celebrating over 20 years of sustained success, the UK’s largest sign franchise Signs Express, has recognised key long serving franchisees for reaching the milestone of £5m invoiced business with an award and £1000 of Red Letter Day [...]
DSG speeds up Currys megastore expansion
(GUARDIAN) - Electricals group DSG international is accelerating plans for a chain of Currys and PC World megastores in Britain as time runs out before the arrival of US firm Best Buy.
The giant stores, which boast coffee bars and host cookery demonstrations, are part of a move by chief executive, John [...]
Merrell Shoes Make an Impression with Webtogs
To welcome in the Spring Webtogs introduces a collection of footwear from Merrell Shoes, renowned worldwide for their innovative and stylish approach.
(PRWEB) March 12, 2010 — To welcome in the Spring Webtogs introduces a collection of footwear from Merrell Shoes, renowned worldwide for their innovative and stylish approach. Instantly recognisable with their revolutionary design and [...]
Online Tools Retailer Toolbox.co.uk Team Up with Draper to Offer Top Gardening Deals
Toolbox the UK’s fastest growing online tool retailer has today teamed up with Draper to offer an amazing selection of Gardening Deals the Spring.www.ToolBox.co.uk
(PRWEB) March 7, 2010 — Spring has sprung, and Toolbox.co.uk have once again listened to their customers and teamed up with the Power Tools giant Draper in a massive Garden Tools mega [...]
Cadbury staff face triple blow from Kraft deal
(TELEGRAPH) - Kraft is due to unveil the findings of a long-running consultation into the future of Cadbury’s pension scheme later this month. A spokesman for the US company admitted yesterday that the final salary scheme was “more than likely to be closed [...]
Norwich-based Kettle Foods crisp firm sold for £402.3m
(BBC) - Norfolk-based firm Kettle Foods, which makes Kettle Chips crisps, has been sold for £402.3m ($615m).
UK production of the food was set up in Bowthorpe, Norwich, in 1992. The site now employs 407 people.
A number of companies bid for the firm, previously owned by a private equity company Lion Capital, [...]
Britain steps firmly out of recession as growth is revised up to 0.3%
(TIMESONLINE) - Britain emerged from recession more strongly than previously estimated in the fourth quarter of last year, figures showed today, but data also revealed that the downturn was deeper than initial forecasts suggested.
The Office for National Statistics (ONS) said that British GDP grew by 0.3 per cent in [...]
Weak retail data raise recession fears
(FT) - The heaviest snowfalls in decades and the rise in value added tax caused havoc on the high street in January, forcing retail sales down sharply and raising the threat that the economy could slip back into recession in the first quarter.
Sales volumes fell 1.2 per cent excluding petrol and diesel [...]
