Retail news
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Primark to open second Oxford Street store
- Posted:
- 09 August 2010 09:27
Primark is to open a second store on Oxford Street. The vast 85,000 sq ft site will open at the east end of the street in a development that includes a former Virgin Megastores outlet. The store will be opposite the new Crossrail-Tottenham Court Road tube station.The new site means ...read more
Strong start for Carphone Warehouse
- Posted:
- 28 July 2010 09:53
Telecoms and electricals retailer Carphone Warehouse has unveiled a strong set of first quarter trading figures, boosted by high levels of demand for smartphones.Across its European operation the group turned in a 3.7% increase in like-for-like revenue while Best Buy Mobile US enjoyed a 29.7% jump in connections. The company ...read more
Virgin Active eyes stock market move
- Posted:
- 26 July 2010 11:04
Gym chain Virgin Active could be set for a change of ownership, either via sale or flotation. The leisure business is understood to be getting ready for a potential stock market flotation but has also met with a number of private equity firms that have expressed an interest in an ...read more
More travel misery as ash cloud returns
- Posted:
- 17 May 2010 09:54
Another volcanic ash cloud has once again thrown the UK-based air travel system into chaos. Some major UK airports were re-opening this morning but others were being closed after the return of the unwelcome Icelandic airborne visitor, causing major disruption for thousands of passengers.A no-fly order saw Heathrow and Gatwick ...read more
Carphone Warehouse boosted by smartphones
- Posted:
- 26 April 2010 09:30
Carphone Warehouse has raised its profit expectations for the third time in six months, paving the way nicely for the opening of its first Best Buy megastore later this week. The group, which jointly owns its retail business with US partner Best Buy, said strong sales of smartphones and last ...read more
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