Retail news
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Primark delivers "exceptional" Christmas sales
- Posted:
- 19 January 2012 10:12
Associated British Foods-owned Primark saw sales soar over the Christmas trading period, as it continues to build up its presence on the high street.ABF said that total sales at its 232 stores across Europe were up 16% in the 16-week period to January 7th compared to a year earlier.It described ...read more
Comet sees slump as sale nears
- Posted:
- 19 January 2012 10:11
A poor performance in Boxing Day clearance tightened the squeeze on electricals chain Comet today after it reported a 15% slump in sales. The company, which is due to be sold to retail turnaround firm OpCapita on February 3rd, experienced an improving sales trend before Christmas but this was offset ...read more
Mulberry set to exceed expectations
- Posted:
- 19 January 2012 10:10
High-end fashion brand Mulberry has said that it is likely to beat market expectations on its full-year results, confirming that the luxury sector is yet to feel the full force of the economic slowdown.In the 16 weeks to January 14th, the company said that it had seen a strong performance, ...read more
100 ex-Woolies stores still empty
- Posted:
- 19 January 2012 10:10
Over 100 stores that once belonged to collapsed high street retailer Woolworths are yet to find tenants three years after its collapse, it emerged today.Some 13% of the 807 former Woolies stores are empty, compared with 30% a year ago, according to a report by The Local Data Company.Discounters (29%) ...read more
Online error leads to sofa mix-up at Next
- Posted:
- 19 January 2012 10:09
Next has apologised to customers for having to cancel orders after the cost of sofas was inaccurately displayed to customers visiting its online store. According to a report in the Mail Online, a pair of sofas worth £1,198 was listed on its website for just £98.Mail Online said internet shoppers ...read more
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