Retail news
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Arcadia to close 10% of stores
- Posted:
- 25 November 2011 10:05
Top Shop and BHS owner Sir Philip Green has warned around 10% of his retail empire faces closure. The owner of Arcadia Group, which has 2,507 stores across its brands, said approximately 250 stores would not have their leases renewed when they expire within the next three years.The warning came ...read more
JJB warns on losses
- Posted:
- 31 October 2011 09:46
Troubled sportswear retailer JJB Sports warned today it faces a number of critical trading periods as it plunged even deeper into the red.The 195-strong store group said pre-tax losses widened to £66.5 million in the 26 weeks to July 31st from £24 million a year ago as total sales slumped ...read more
Topshop launches "secret" pop-up concept
- Posted:
- 26 May 2011 10:05
Topshop has announced launch of its first ever pop-up Secret Store concept in its Oxford Circus and New York stores from today, featuring Topshop Boutique and designer collaboration pieces. Contributing designers have produced pieces that they wouldn't have the chance to produce as part of their main line.Madelaine Evans, head ...read more
Online retailers look to "traditional" businesses for skills answers
- Posted:
- 02 December 2010 10:07
Traditional retail skills such as merchandising and customer service are just as important to online businesses as they are on the high street, according to Skillsmart, the sector skills council for retail. The claim by two of the UK's biggest online retailers, Nick Robertson, chief executive of ASOS.com and Mark Newton-Jones, ...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
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