Retail news
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Discount retailer 99p Stores up for sale
- Posted:
- 30 March 2011 09:47
Discount retailer 99p Stores could be about to change hands, according to the Telegraph. Founder Nadir Lanlani is understood to have appointed DC Advisory Partners to carry out a strategic review which could lead to the business being put up for sale. Analysts believe that the company is worth between ...read more
Inflation figures expected to rise again
- Posted:
- 18 January 2011 09:47
Official figures are expected to show inflation rising further beyond its target today as economists warn cash-strapped consumers of more price hikes in 2011.Economists predict the latest data from the Office for National Statistics (ONS) will reveal that consumer prices index (CPI) inflation rose to 3.4% in December from 3.3% ...read more
Build-a-Bear looks for buyer
- Posted:
- 08 December 2010 10:10
Build-a-Bear Workshop is looking for a buyer and has approached private equity firms, according to Bloomberg.The retailer has a value of around $117 million and is being advised by Barclays Capital.Last year, sales at the group, which operates more than 400 stores, totalled $394.4 million. ...read more
Everton to launch new retail complex
- Posted:
- 05 August 2010 09:34
Everton football club has announced plans to build a new retail and office complex adjacent to Goodison Park.The Merseyside club is still exploring options with regards to relocating but accepts none are likely to come to fruition in the near future. In the meantime it expressed hope that the new ...read more
Ocado nears IPO
- Posted:
- 04 June 2010 10:28
Ocado has taken a step closer towards a £1 billion stock market float with the appointment of five additional investment banks to advise on the deal.The online retailer has appointed Barclays, Lloyds Banking Group, HSBC, Numis and Jefferies as co-managers to work alongside Goldman Sachs, UBS and JP Morgan Cazenove.If ...read more
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