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Mothercare enlists Lovefilm boss as CEO
- Posted:
- 08 February 2012 10:07
The boss of movie rental firm Lovefilm, Simon Calver, was today unveiled as the new chief executive of struggling retailer Mothercare.Mr Calver will join Mothercare on April 30th after seven years at the helm of Amazon-owned Lovefilm, as the parenting group moves to boost its online presence in the UK.The ...read more
Non-food inflation falls to zero
- Posted:
- 08 February 2012 10:06
The BRC-Nielsen Shop Price Index (SPI) today reported that shop price inflation in the non-food category has fallen to zero. Overall SPI fell to 1.4% in January from 1.7% in December. This is the lowest inflation rate since March 2010. Food inflation slowed to 3.7%, the lowest since July 2010.The ...read more
Thomas Cook "fighting back"
- Posted:
- 08 February 2012 10:06
Tour operator Thomas Cook revealed heavier losses today, but chief executive Sam Weihagen said it was "fighting back", with some positivity emerging in the form of robust summer bookings.Thomas Cook, which came close to collapse in November after it was forced it to turn to its banks for more help, ...read more
Report highlights town vacancy rates
- Posted:
- 08 February 2012 10:05
A new report has said that one in seven shops on the UK's high streets stood empty in 2011, with further closures are expected this year across the country as more people shop online and in out-of-town centres.Town centre vacancy rates stabilised last year at an average of 14.3%, or ...read more
Retailers hail apprenticeship success
- Posted:
- 08 February 2012 10:04
Some of the UK's leading retailers came together on Monday to promote the value of retail apprenticeships at the start of national apprenticeship week. Speaking at the event, organised by Skillsmart Retail, Judith Nelson, UK and ROI personnel director for Tesco, said: "At Tesco, we believe in helping our people ...read more
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