Retail news
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New boss at Clinton delivers as trading improves
- Posted:
- 05 January 2012 09:59
Clinton Cards' new boss has said that his company's "single-minded focus" on the customer helped deliver improved trading over Christmas.Darcy Willson-Rymer, who joined the company from Starbucks in October, announced a rise in like-for-like sales of 0.8% for the five weeks to January 1st, compared with a 2.6% decline in ...read more
Starbucks to create 5,000 jobs
- Posted:
- 01 December 2011 10:48
Global coffeehouse chain Starbucks has revealed plans to create up to 5,000 jobs over the next five years as it ramps up its drive-through business in the UK.The 30-year-old coffee giant, which has nearly 9,000 company-owned stores and just over 8,000 licensed outlets in more than 50 countries, wants to ...read more
Starbucks sees sales ahead of forecasts
- Posted:
- 07 November 2011 12:42
Starbucks has reported sales ahead of forecasts and a fourth-quarter net income rise of 29%.Net income in the period to October 2nd totalled $358.5 million, up from $278.9 million a year earlier. International same-store sales rose 6%, above analysts' estimates of a 5.2% rise, while sales at US stores open ...read more
Clinton Cards asks for leeway in rents
- Posted:
- 05 September 2011 10:25
Clinton Cards has reportedly been forced to ask its landlords for more time to pay its rent as it struggles with falling sales.The greetings card and gift retailer has been contacting landlords of its 700-plus shops to ask to pay a third of its rent two weeks after the due ...read more
Starbucks UK MD to join Clinton Cards
- Posted:
- 02 August 2011 10:36
Darcy Willson-Rymer, managing director of Starbucks' UK operation will become chief executive of Clinton Cards in October. Don Lewin, the retailer's 78 year old chairman and chief executive will step down to become life president from March of next year. This is the first time that Clinton Cards has recruited ...read more
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