Retail news
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Best Buy chief Brian Dunn resigns
- Posted:
- 11 April 2012 10:45
Brian Dunn, the boss of America's largest electronics chain, Best Buy, has resigned his position following a period of difficult trading and a company investigation into his "personal conduct".Mr Dunn has held the top job at Best Buy for three years, during which time he has attracted some criticism regarding ...read more
Mary Portas high street plan slammed
- Posted:
- 04 April 2012 10:23
The £10 million Government funded plan to revitalise the UK high street has come under fire after it emerged that one of the areas allocated £100,000 had just two vacant stores in its main town centre.The High Street Innovation Fund, aimed at bringing empty shops on English high streets back ...read more
Asda grows market share
- Posted:
- 28 March 2012 10:06
Asda has closed the gap on its rival Tesco after a report revealed that its share of the grocery market has grown to record levels.According to the figures from Kantar Worldpanel, Asda's market share rose to 17.9% in the 12 weeks to March 18th from 17.3% a year ago, boosted ...read more
High street sales begin to stabilise
- Posted:
- 28 March 2012 10:06
Sales on the high street are stabilising, the Confederation of British Industry (CBI) said today, although retailers still expect conditions to remain subdued.An equal number of retailers reported a fall and rise in sales in the first two weeks of March, according to the CBI's latest survey, following an overall ...read more
BRC: planning changes will boost town centres
- Posted:
- 28 March 2012 10:04
Changes to the National Planning Policy Framework for England announced yesterday should do a lot to boost the country's high streets and encourage vibrant town centres as part of the right package of measures, the BRC has said. The British Retail Consortium (BRC) added that it was particularly pleased the ...read more
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