Retail news
Your search returned 27 results
Plans to "save Christmas" bring shoppers back
- Posted:
- 21 November 2008 09:23
Efforts made by retailers to tempt shoppers back to the high street seem to have worked, as consumers ventured back into shops. Marks & Spencer stores were inundated with customers cashing in on a 24-hour 20%-off sale - the retailer's biggest one-day promotion for four years. M&S executive chairman Sir Stuart ...read more
Sir Philip Green criticises UK banks as Arcadia profit falls
- Posted:
- 21 October 2008 09:43
Sir Philip Green has said that it is now unlikely that he will buyout Baugur's debts held by three of the crippled Icelandic banks. The Arcadia and Bhs boss also criticised UK banks for being too ready to give out loans without considering the consequences. His comments followed the announcement ...read more
Is the future Green for Baugur brands?
- Posted:
- 13 October 2008 09:19
;Topshop tycoon Sir Philip Green is poised to increase his influence over the UK high street after talks were held in Iceland to buy the £1 billion of debt held by Baugur. The group, which has stakes in, amongst others, Hamleys, frozen food chain Iceland and Karen Millen, is thought to ...read more
Bhs facing "competitive and unpredictable" trading
- Posted:
- 07 October 2008 09:21
The billionaire boss of Bhs, Sir Philip Green, has described trading as "competitive and unpredictable" after sales at the chain fell 4% in the last six weeks. The company also reported a 39.6% fall in operating profits to £30.2 million for the year to March 29th. Sir Philip famously paid himself ...read more
Retail’s richest slip down the ranks
- Posted:
- 28 April 2008 09:30
Even the top dogs in retail are not immune from the current high street gloom, according to the Sunday Times Rich List. The famous ranking of Britain’s richest individuals revealed yesterday that Sir Philip Green – billionaire owner of the Arcadia empire and department store chain Bhs - is in danger of falling ...read more
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