Retail news
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Thorntons loses out in competition battle
- Posted:
- 12 January 2012 10:30
Chocolatier Thorntons battled tough competition in the run-up to Christmas as customers hunted for the best deals, resulting in slightly lower than expected like-for-like results. The group, which has 574 wholly-owned and franchise stores in the UK, said like-for-like sales fell by 4.2% in the 14 weeks to January 7th.Thorntons, ...read more
Finalists in the 2011 Specsavers Everywoman in Retail awards
- Posted:
- 13 September 2011 10:01
The finalists have been announced in the 2011 Specsavers Everywoman in Retail awards, including female retailers from firms all over the country. The seven categories and finalists include:Star of the Future Category - in a business with a turnover under £200 million: Claire Elbourn, retail area manager of Ann Summers ...read more
Goodbye to Rose as M&S chairman steps down
- Posted:
- 04 January 2011 09:30
Sir Stuart Rose ends a colourful six-year tenure with high street giant Marks & Spencer today as he steps down as chairman.The 61-year-old has had an eventful leadership, attracting both praise and criticism since he joined the retailer in 2004.Sir Stuart was revered for steering the firm to profits of ...read more
Arcadia planning to close 300 stores
- Posted:
- 08 November 2010 09:53
Arcadia boss Sir Philip Green is considering closing around 300 smaller shops with the Arcadia empire within three years, according to a report today. Sir Philip is aiming to trim Arcadia's portfolio of 2,400 stores, which includes the Topshop brand, when leases on smaller shops come up for renewal over ...read more
Arcadia profits back in the black
- Posted:
- 23 October 2009 09:21
Sir Philip Green's Arcadia returned to annual profits yesterday, despite "one of the most challenging retail landscapes that I have seen" according to the retail entrepreneur. The retail empire owns Miss Selfridge, Wallis, Burton, Topshop and Dorothy Perkins as well as Sir Philip's department store brand Bhs, which was integrated into ...read more
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