Retail news
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Profits rise at Dunelm
- Posted:
- 16 September 2011 11:55
Homewares retailer Dunelm Mill has reported a 9% rise in annual pre-tax profits despite challenging trading conditions and spiralling commodity prices. The company stated it had managed to attract more affluent customers and had also benefited from cash-strapped shoppers trading up to more expensive ranges for what it called a ...read more
Floor firm’s closure costs 200 jobs
- Posted:
- 26 August 2011 09:32
Around 200 jobs have been lost after specialist West Midlands-based retailer Floors 2 Go collapsed into administration for the second time in three years.Some 53 stores have shut but 35 shops have been bought by Nixon & Hope, a company set up by former management at the retailer, saving 162 ...read more
1,000 jobs go as 22 TJ Hughes stores close their doors
- Posted:
- 05 August 2011 10:28
Over 1,000 jobs are to be lost following the announcement by administrators of beleaguered department store chain TJ Hughes that 22 of its stores will have their last day of trading next week. Ernst & Young have said that 1,061 employees will lose their jobs as a result of the decision ...read more
Comet bidders circle
- Posted:
- 25 July 2011 09:53
The former owners of MFI and a former executive of Kingfisher are among those to have expressed an interest in Comet, the UK electrical retailer that was recently put up for sale, it was reported today.Owner Kesa Electricals admitted it was considering its "strategic alternatives" for the 249-store business last ...read more
Allders goes onlineBritish department store
- Posted:
- 20 July 2011 10:00
Allders has announced the launch of its new website, featuring thousands of products from bed linen and towels to toasters, kettles and gifts with hundreds more lines to be added every week. Andrew MacKenzie, CEO of Allders, said, "The future of large department stores and high street chains is increasingly ...read more
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