Retail news
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Debenhams boosted by Christmas week
- Posted:
- 10 January 2012 09:59
A surge in sales in the final week before Christmas helped department store chain Debenhams weather tough autumn trading across the sector it was reported today.The company, which has 170 stores in the UK, Ireland and Denmark, said warmer weather throughout October and November impacted sales until a record Christmas ...read more
Jobs fear as La Senza closes
- Posted:
- 10 January 2012 09:57
Lingerie chain La Senza collapsed into administration today triggering 1,300 redundancies and the closure of more than 100 outlets, despite a last-minute rescue deal for 60 stores.Administrator KPMG said it had closed 84 stores and 18 concessions, resulting in more than half of the workforce losing their jobs.But 1,100 jobs ...read more
Price war keeps inflation down
- Posted:
- 16 November 2011 10:11
An aggressive supermarket price war helped push down inflation last month amid signs that the rise in the cost of living appears to have passed its peak.The Consumer Price Index (CPI) rate of inflation fell to 5% in October, the Office for National Statistics (ONS) said, slightly down on the ...read more
Menswear "yet to make its mark online"
- Posted:
- 18 October 2011 09:46
The UK market for online fashion is expected to be worth £4.8bn by the end of 2011, according to market analyst Mintel. However, going by the latest independent analysis of online fashion-related search data, undertaken by specialist search and social marketing agency Greenlight, menswear has quite some ground to make ...read more
Debenhams to recruit 6,500 Christmas temps
- Posted:
- 11 October 2011 10:12
Debenhams has announced that it is on the lookout for 6,500 seasonal temps to cope with its busiest time of year.Successful candidates will work with the department store from mid-November until the beginning of January, to cover the pre-Christmas spectacular through to the beginning of the January sale. Michael Sharp, ...read more
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