Retail news
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D&D to open in New Street, London
- Posted:
- 15 July 2011 09:39
Restaurant group D&D has announced plans to convert an old spice warehouse in New Street, off Bishopsgate in the City, into two restaurants, bars and a wine shop.The 10,000 sq ft site is planned to open in spring 2012.Speaking to Big Hospitality, D&D chairman and CEO Des Gunewardena said: "This ...read more
SuperGroup boosted as sales soar
- Posted:
- 14 July 2011 09:42
Clothing chain SuperGroup was back in fashion with investors today after revealing another major boost to sales.In the first ten weeks of its current financial year, sales at the Superdry owner rose by 56%, with the retail arm comprising 60 retail outlets in the UK and Ireland and its internet ...read more
Jane Norman faces administration
- Posted:
- 27 June 2011 09:56
The high street is braced for more upheaval amid uncertainty over the future of fashion chain Jane Norman. The business, which caters for 15- to 25-year-olds, is reported to be facing administration unless it can secure a buyer in the next few days.If it fails to pull through, the Independent ...read more
Comet owner considers "strategic alternatives"
- Posted:
- 22 June 2011 10:15
The owner of Comet signalled further upheaval on the high street today after admitting it was examining its options for the loss-making chain.Kesa Electricals is working on a plan to revive Comet's fortunes but at the same time said it is considering its "strategic alternatives", which it is thought could ...read more
Carphone conundrum over Best Buy
- Posted:
- 14 June 2011 10:03
Retailer Carphone Warehouse today said it was considering options for its consumer electronics arm amid widening losses for the new venture.Best Buy UK, which operates 10 so-called Big Box stores, reported an underlying loss of £62 million, compared to £21 million the previous year.The business, which launched its first store ...read more
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